New Market Report Now Available: Canada Oil & Gas Report Q2 2014
Increasingly challenging economics could slow the growth of oil-sands driven production, although we note that liquids-rich shales could be the new engine of liquid output growth. Exploration in the country's offshore acreage and unconventional resources could unearth more oil and gas reserves to support the country's long-term growth prospects. The outlook for Canada's oil and gas industry is still a positive one, though its upstream potential needs more support from the community and the government for infrastructure development.
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