Revival

A Canadian natural gas drilling revival has begun and producers are on the trail of a hot supply development prospect in northern British Columbia, field contractors and provincial mineral rights sales confirm.

A Canadian natural gas drilling revival has begun and producers are on the trail of a hot supply development prospect in northern British Columbia, field contractors and provincial mineral rights sales confirm.

A spreading revival of enthusiasm for Arctic natural gas prospects has lured an elder statesman of the Canadian resource hunt out of retirement to broadcast reminders of bearish lessons learned the hard way during the last burst of polar drilling.

A spreading revival of enthusiasm for Arctic natural gas prospects has lured an elder statesman of the Canadian resource hunt out of retirement to broadcast reminders of bearish lessons learned the hard way during the last burst of polar drilling.

TransCanada PipeLines Ltd. is warning that the revival of the international Alaskan natural gas pipeline project has only taken its first step with the emergence of a new sponsor in the United States.

TransCanada PipeLines Ltd. is warning that the revival of the international Alaskan natural gas pipeline project has only taken its first step with the emergence of a new sponsor in the United States.

As tropical depression six fizzled into a tropical wave with slim chances of revival, so did any hope for a gas futures market reversal. The August contract quickly resumed its downward course in overnight trading, and sailed right down through $5 Tuesday morning to a low of $4.84. The contract ended the day down 23.9 cents at $4.868, just a few cents above its daily low. Its daily high of $5.040 was reached just after the opening bell.

Energy trading and marketing will come back, veteran energy analyst John Olson believes, and “I think E&P will be the sector driving the train.”

Energy trading and marketing will come back, veteran energy analyst John Olson believes, and “I think E&P will be the sector driving the train.”