With decent oil prices, why aren’t many drilling rigs working? The CAOEC responds
Even though the past year has seen relatively decent oil prices, as high as US$94 per barrel a few weeks ago, Saskatchewan has not seen a related increase in drilling activity.
Indeed, the pronounced lack of a pickup in activity in Saskatchewan was directly cited as a reason why the Day Group of Companies decided to move their Cara Dawn (2019) heavy haul trucking business to North Dakota, to operate under a new name.
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