Big win in Saskatchewan

Drilling rig near Lloydminster on Sept. 10. The upgrader is on the horizon. Photo by Brian Zinchuk

Multilateral well program proving a big win in Lloydminster area and SE Sask

My intention coming out of the Lloydminster Heavy Oil Show last week was to see if the multilateral well program, announced in last spring’s budget, was a success and making an impact. After all, it was the biggest change in the royalty structure in decades. Well, it was. Here’s my story on that.

This is a big deal for the Saskatchewan oilpatch. And remember, oil and gas is the No. 1 contributor to Saskatchewan’s GDP, surpassing even agriculture, if you can believe it.

 

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