Oil and gas producers showing ** signs of imminent slowdown: CIBC

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/BB3VDpW.img?h=100&w=100&m=6&q=60&o=f&l=f&x=1339&y=521Despite sagging commodity prices, oil and gas producers have **t signalled intentions for major spending cuts or curtailed development, with production activity remaining on an upswing, according to a new report. Analysts at CIBC World Markets estimate in the report that energy companies have been issued licenses to drill about 4,600 wells in Western Canada [?]

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