When $1.3-billion isn't that much
Dave Ebner, Globe and Mail
December 12, 2007 at 6:39 PM EST
The last sale of new oil and natural gas exploration rights in Alberta for the year was announced late Wednesday, with $68-million coming into the provincial treasury, boosting the total for the year to $1.29-billion.
That’s the third-highest annual haul in the province’s history — but it’s down more than 60 per cent from the record of $3.43-billion hit last year, and also lower than the $2.26-billion in 2005.