CANADIAN RESULTS

摘要

Corporate performances of Canadian oil and gas firms in 2005 were sterling,reports Calgary-based investment banker FirstEnergy Capital Corp.Producers benefited from high commodity prices for production of reserves that had been added in past years at lower costs,and earnings shot skyward.As a caveat,costs also rose,and companies were not able to gain a significant increase in capital efficiency.So,finding,development and acquisition(FD&A)costs bumped upward,though not to the same lofty heights as earnings.