E&P Inflationary Pressures Likely Understated As Costs Spiral Upward; Increased Labour Costs Could Also Add To Dilemma

While the general E&P talking-point consensus regarding inflationary pressures during Q2 calls and releases was that costs were up in the 10 to 15 per cent range, industry insiders recently contacted by the DOB concede it’s likely more than those estimates.

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