01-02_ep-kieburtz_T3.htm (Feb-2001)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

2000 – 2001 Canadian E&P expenditures, $ millions*
Company	2001	2000	Company	2001	2000
Abraxas Petroleum Corp.	$22	$17	Gulf Canada Resources Ltd.	560	245
Alberta Energy Co. Ltd.	1,235	1,310	Husky Energy Inc.	992	616
Anadarko Petroleum Corp.	500	300	Imperial Oil Ltd.	600	328
Anderson Exploration Ltd.	542	451	Lario Oil & Gas Co.	2	2
Apache Corp.	125	110	Lexxor Energy Inc.	10	5
Avid Oil & Gas Ltd.	26	25	Magin Energy Inc.	40	33
Barnwell of Canada	12	7	Maxx Petroleum Ltd.	39	30
Barrington Petroleum Ltd.	42	10	Murphy Oil Corp	224	213
Baytex Energy	140	110	NAL Resources	7	10
Berkley Petroleum Corp.	225	275	Norsk Hydro ASA	59	122
Bonavista Petroleum Ltd.	65	51	Numac Energy Inc.	130	105
BP	270	230	PanCanadian Petroleum Ltd.	777	785
Burlington Resources	315	323	Paramount Resources Ltd.	153	88
BXL Energy Ltd.	27	23	Pengrowth Energy Trust	35	34
Camberly Energy Ltd.	1	–	Penn West Petroleum Ltd.	290	214
Canadian 88 Energy Corp	120	75	Petro-Canada	574	588
Canadian Hunter Exploration Ltd.	262	214	PetroCorp Inc.	9	7
Canadian Natural Resources Ltd.	590	500	Petromet Resources Ltd.	75	75
Canadian Occidental Petroleum Ltd. (Nexen Inc.)	284	245	Petrovera Resources	97	84
Chesapeake Energy Corp.	20	15	Pioneer Natural Resources Co.	40	35
Chevron Corp.	320	270	Pogo Producing Co.	10	9
Columbia Natural Resources	8	8	Prairie Pacific Energy Corp.	1	1
Compton Petroleum Corp.	74	57	ProMax Energy Inc.	15	7
Conoco	61	57	Questar Corp.	10	8
Cypress Energy Inc.	98	72	Quicksilver Resources Inc.	6	1
Danoil Energy	24	20	Real Resources	20	23
Del Roca Energy	4	2	Rio Alto Exploration Ltd.	380	307
Devon Energy Corp.	143	118	Rosetta Exploration	4	5
Dominion Exploration & Production, Inc.	68	78	Seneca Resources Corp.	60	12
El Paso Energy Corp.	85	115	Shell Canada Ltd.	250	200
Encal Energy Ltd.	200	210	Startech Energy Inc.	80	80
Enerplus Resources Corp.	31	14	Suncor Energy Inc.	56	87
EOG Resources Inc.	105	90	Talisman Energy Inc.	520	449
Equity Oil Co.	1	1	Thunder Energy Inc.	26	12
ExxonMobil	400	300	Triumph Energy Corp.	16	16
Forest Oil Corp.	50	51	Unocal Corp.	88	103
Genesis Exploration Ltd.	93	88	Upton Resources	10	16
Gentry Resources	6	3	USX-Marathon Group	167	167
			Vermillion Resources Ltd.	59	46

			Total	$13,084	$11,012
			% Change	18.8%
*Salomon Smith Barney estimate: – is no spending; 0 is some spending, but less than $0.5 million.

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