Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
Canadians need constructive dialog about energy matters based on facts rather than “ill-informed opinions and inflammatory rhetoric from protest-anthem rock stars,” the Canadian Association of Petroleum Producers said in a statement about the tour.
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