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Message: Economic crisis forces Alberta to trim royalty hikes
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Re: Economic crisis forces Alberta to trim royalty hikes

in response to Economic crisis forces Alberta to trim royalty hikes by CSIAguy
posted on Nov 20, 08 03:12AM

Stelmach has announced $1.8 billion in royalty savings over five years for new oil and natural gas wells that meet the drilling criteria.

But all other existing wells and oilsands projects will pay the higher royalty rates that were first announced a year ago.

Could this help our sp today?

Can CLL benefit from this action ?Probably not for the GD project but Algar?

PS Shorts are much lower with last reading.

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