MARCH 2008 • Volume 59 • Number 3
COVER – HEAVY OIL HOT SPOTS
22
HEAVY OIL HEATS UP
A suite of new technological developments are defining
the hot spots for conventional heavy oil production.
BY PAUL STASTNY
Features
28
OILFIELD MANUFACTURING
Feeling the pinch
The impact of Alberta’s new royalty framework hasn’t really
kicked in yet, but most manufacturers are already adjusting
to the slowdown.
BY GRAHAM CHANDLER
50
RESEARCH AND DEVELOPMENT
Turning the tide
With the help of three global partners, Nova Scotia hopes to
become a world leader in developing tidal power technology.
BY MELANIE COLLISON
36
ENVIRONMENT
Beyond Bali
With the latest UN conference on climate change relegated to
history, Canada’s oil and gas industry is now ready to focus on
implementing some solutions.
BY PETER MCKENZIE-BROWN
56
PROFILE
Leading the charge
In a career that has yet to span two decades, Tristone Capital
founder George Gosbee is a shining activist for better politics
and better business.
BY PETER MCKENZIE-BROWN
42
REGIONAL REPORT
Gas grounded
With commodity prices sagging and the royalty future uncertain,
the northwestern Alberta gas business is not exactly flying high.
BY PAUL S TAS TNY