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CS - Alberta producers dodging limits with new wells & crude-by-rail - November 2019



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As of Nov. 8, Alberta producers are able to drill new conventional oil wells unrestricted by the curtailment program, although existing wells will still be affected. The province made the change to drive investment, increase drilling activity and support economic growth. “Companies are currently making investment decisions and we want those dollars and jobs to be in Alberta,” Energy Minster Sonya Savage said. Alberta produced 480,000 bo/d of conventional oil in September, of which......
 
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