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A little more than a year ago, Calgary oilman Roger Tang was busy shutting in oil production at Deltastream Energy Corp. The CEO of the privately held firm, active in the Slave Lake region of Alberta, had throttled back output from 12,000 barrels per day (bpd) to less than 1,000 as crude prices wilted during the initial stages of the global pandemic. Article content The CEO of the privately held firm, active in the Slave Lake region of Alberta, had throttled back output from 12,000 barrels per day (bpd) to less than 1,000 as crude prices wilted during the initial stages of the global pandemic. Five moves to make before the Bank of Canada raises interest rates Today, the Calgary-based oil company has not only brought its idled production back online, but it’s also planning to boost output to 15,000 bpd by early next year. “We are very excited. We are accelerating our drilling programs, ramping up production,” Tang said Friday. “I have worked in this industry for about 35, 40 years. This is the first time I have seen such a big change.”

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