OGJ Newsletter

12/27/2010
GENERAL INTEREST - Quick TakesProducers to see strong cash flows in 2011North American oil and gas producers can expect another year of "robust" cash flows supported by strong oil prices, stable though depressed gas prices, and modestly improving economic conditions, according to Fitch Ratings.The discount of the gas price to the energy-equivalent price of oil will continue, the crediting-rating service said in an annual outlook."Few indicators point to a resurgence in natural gas pricing, which would likely require a sustained improvement in demand combined with an industry-wide reduction in natural gas-focused drilling," the firm said. "While Fitch would anticip...
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