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ITG Investment Research: Canada to Double Oil Production by 2025

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Findings in New ITG Study of Western Canadian Energy Plays CALGARY, Alberta and NEW YORK, March 25, 2013 /PRNewswire/ -- ITG (NYSE: ITG), a leading independent execution and research broker, today announced the release of a comprehensive report providing a production, supply cost and takeaway scenario, assuming current prices and costs, for Western Canadian oil and natural gas. The 51-page report, No More Guessing: Canada, employs data from over 300,000 wells to analyze 12 plays and forecast Canadian gas, oil and NGL (natural gas liquids) production to 2025. The report estimates that average monthly production additions of approximately 78 Mbbl/d (thousand barrels/day) will push Western...

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