Early Signs of Revival Visible in Canadian Oil Sands Industry by GlobalData

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									Early Signs of Revival Visible in Canadian
Oil Sands Industry

                                                                                Reference Code: GDGE0612VPT
                                                                                Publication Date: JUL 2009




Energy Viewpoint                                                              GDGE0612VPT / Published JUL 2009
© GlobalData. This brief is a licensed product and is not to be photocopied

Source: www.energyetrack.com                                                                                 Page 1
Table of Contents



1           Table of Contents

1      Table of Contents                                                                                    2

1.1       List of Tables                                                                                     4

1.2       List of Figures                                                                                    5


2      GlobalData Viewpoint                                                                                 6

2.1       Summary                                                                                            6


3      Early Signs of Revival Visible in Canadian Oil Sands Industry                                        7

3.1       Canadian oil and gas industry has been hit hard by the financial crisis and the price collapse 7

3.2  Lagged reduction in the construction costs and a price recovery changing the outlook for the
Canadian oil and gas industry                                                                     9

3.3       First signs of the revival of the Canadian oil and gas industry                                   11

3.4   Will these factors sustain the positive outlook in the Canadian oil and gas industry in the long
term? 11

3.5       Conclusion                                                                                        12


4      Recent Developments                                                                                 13

4.1       License Awards                                                                                    13

4.2       Strategy and Business Expansion                                                                   14

4.3       Drilling and Production Updates                                                                   15

4.4       Financial Announcements                                                                           20

4.5       Other Significant Developments                                                                    27


5      Appendix                                                                                            29

5.1       Methodology                                                                                       29


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