[beaver fever]

I should make a correction. Alberta is running out of prospective land positions for crude. But Saskatchewan NWT and the high north are virtually untapped.


You are right that there is a severe shortage of skilled boots on the ground and drilling equipment. The Caterpillar Mining division and Atlas Copco are running on all eight cylinders to keep up with the supply demand. PetroCan also saw a huge spike in demand for drill grease two years ago. I talked to the President of the Atlas Copco exploration division in 2003 and he told me 3 million meters of drill string went into the ground in Canada alone in 2003, 5 million meters worldwide. That is a lot of drilling activity.

[thackney]

So with equipment and people already maxed out, why do you think oil companies should try to add even more projects?