Montney could compete with premier Texas shale oilfields but it’s being held back by a “cumbersome” regulatory system.
Trend is expected to continue as energy spending weakness in Canada is balanced against steady US activity.
Drillers and service companies are rehiring staff and redeploying equipment after cutting costs to the bone during the downturn.
Expands oilfield services company’s capabilities to design, fabricate and manufacture equipment.
Effect on Computer Modelling Group and Pason Systems a contrast.
A local surge in injection of wastewater underground in 2005 identified with an unusual jump in seismic activity.
Massive industry layoffs partly to blame.
Oilfield services giant posts Q1 loss of $643 million.