Sharply lower crude prices were reflected in revised capital spending plans by
oilpatch companies.
The defectors included some of this country's most seasoned recruiters, folks who had handled marquee assignments with Canada Post and Bank of Canada (including the hiring of Stephen Poloz to replace Mark Carney), top
oilpatch companies and universities.
Not exact matches
Geologist Jim Gray used uncertainty in the
oilpatch as a springboard for his
company.
CNOOC had made a small investment in the
oilpatch before and it gave us a year to share the
company's interest in investing in Canada with the very people who would adjudicate on the takeover.
Even so, there are lessons to be drawn from how forest
companies found their way out of this stalemate, some of which can be directly applied to the
oilpatch:
Founder and CEO Richard Gusella, an old - school iconoclast who'd been through the
oilpatch's booms and busts, fashioned a strategy to build the
company in increments, one 10,000 - barrel - per - day SAGD (steam - assisted gravity drainage) plant at a time.