Abstract
The demand for crude oil and natural gas is constantly increasing. To keep up with this demand the oil and gas industry must spend vast sums of. money· to find new petroleum deposits to replenish the depleted reserves. Conventional financing techniques are used to finance the transportation, refining and marketing operations of the oil and gas industry, but the financing of oil and gas exploration and production requires special techniques. This paper discusses the common methods of financing the production end of the Canadian oil and gas industry.
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