[_Q_]

Oilpatch spending to ramp up in Canada's 'hottest new play,' led by Chevron!

So double meat time?

http://ow.ly/F2LJ30grAet

Chevron could spend up to $290 million this year in the formation, rising to $380 million next year and $500 million 2019 as the company scales up to drill 46 wells in the formation, Nemeth said.

In addition to Chevron’s investment, Calgary-based Pembina Pipeline Corp. announced it would spend $290 million building out a condensate-handling facility, gas processing facility and pipelines to serve Chevron’s needs in the play.