Shell kick-starts drilling at Peace River oil sands properties

Article Abstract:

Calgary, Alb.-based Shell Canada Ltd., which is an oil and gas company, has announced it will invest $50 million in its northern Alberta Peace River oil sands project. Shell Canada expects to produce 12,000 barrels of oil per day at the site.

Natural resources, Support Activities for Oil and Gas Operations, Oil and Gas Field Services, Oil Field Development Services, Petroleum services industry

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Canadian oil and gas producers flush with cash

Article Abstract:

Capital spending by Canadian oil and gas companies will increase due to high profits. PanCanadian Petroleum Ltd., Alberta Energy Co., Nexen Inc., Gulf Canada Resources Ltd. and Talisman Energy Inc. plan capital outlay increases.

Forecasts, trends, outlooks, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Natural gas, Gas industry, Pancanadian Petroleum Ltd., Talisman Energy Inc., Gulf Canada Resources Ltd., GOU, Nexen Inc., Alberta Energy Company Ltd.

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Shell Canada profit drops as costs climb

Article Abstract:

Third quarter profits drop for Shell Canada Ltd. Company officials cite the drop in oil prices, cost overruns, and cost increases at their Athabasca location as reasons for the poor showing.

Sales, profits & dividends, Company Profile

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