City sells Glauc C field as patch wind down continues - Medicine Hat NewsMedicine Hat News
City sells Glauc C field as patch wind down continues Poll Now that the SCOC has ruled, should Alberta go back to a carbon tax created here, for here? Create our own COLLIN GALLANT Twitter: CollinGallant The City of Medicine Hat has sold its strongest producing oil field with elected officials and administrators saying the risks of spending more cash to boost profits in the oil business are too great for a local government to take on. The sale of municipality’s one-quarter interest in the 2,700-barrel per day “Glauc C” field, was announced and approved at Monday’s city council meeting...
Source: medicinehatnews.com