Doesn’t know if we’ve hit bottom yet, but says the industry will be fine long term February 17, 2015 Jim Gray got his first job in the oil patch in 1956, when oil was trading somewhere south of $5 a barrel. Trained as a geologist, Gray founded Canadian Hunter Exploration in 1973 and built it… Continue reading Oil patch veteran Jim Gray offers wisdom on crude collapse
Tag: oil
Back to the Future: Is this oil downturn a repeat of the 1985 crash?
Thirty years ago, shoulder pads were all the rage, Molly Ringwald was a rising teen movie star and low oil prices were wreaking economic havoc. At least one of those will feel familiar to those working in the oil and gas industry these days. There’s been talk of the current oil rout being a repeat… Continue reading Back to the Future: Is this oil downturn a repeat of the 1985 crash?
Item Removed: Directors resign as Great Prairie Energy Services placed in receivership
This article has been removed due to suspected inaccuracies.