Canadian energy market fundamentals are improving enough to support a “sustained period of elevated natural gas drilling,” particularly in the Western Canadian Sedimentary Basin, Precision Drilling Corp.’s chief said.

While Lower 48 demand for drilling services by exploration and production (E&P) customers remains muddled, the picture is much clearer in Canada for the Calgary-based oilfield services (OFS) giant, CEO Kevin Neveu said during the quarterly conference call. 

“Natural gas fundamentals across Canada are the strongest in nearly a decade,” Neveu said. 

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