Tundra to expand drilling as Richardsons look to oil’s future
The Richardson family of Winnipeg are looking to do with oil what they did with grain. Ten years ago the family expanded their grain business when prices were in the doldrums; now they are banking on the future higher price of oil by expanding drilling. The family’s Tundra Oil and Gas business has agreed to buy more than 500 wells from EOG Resources and increase output by around a third.
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