I'm posting this solely because there was a few posters on here claiming that the Royalty Review, was only a review and there was nothing to worry about.
http://calgaryherald.com/business/en...-expect-change
Quote:
Energy economist Peter Tertzakian of ARC Financial Corp. told reporters at a business conference in Lake Louise on Friday that industry members who called for zero change to the royalty regime in Alberta will be disappointed when the results are turned over to Energy Minister Marg McCuaig-Boyd before the end of the year.
“I am confident that ‘segments’ of the industry will remain competitive,” he said, when asked if the industry will be able to compete on costs with burgeoning new shale plays in the United States under the recommended new rules.
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