The industry, as you would expect, is concerned as we see these changes in the past ... ended up being lose-lose situations for both the industry and the governments, adjusting the royalty, taxation and regulatory burdens is complex, and the risk of getting it wrong is high.

President Steve Laut

Categorized in : Company News

In 2017, we're looking to spend around C$2.5 to C$2.6 billion dollars. Getting to 2018, we expect to spend about the same. Those are the numbers that keep our production flat. We're assuming we have a low oil price throughout that time.

President Steve Laut

I think there's still too big a gap between sellers' expectations and what the buyer wants to pay. We look at every asset that comes through our core areas. I don't see us being that active although we do always look.

President Steve Laut