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Posted AT 6:57 AM EST on 24/09/07

B.C. beckons Alberta's royalty-shy producers

Special to The Globe and Mail

VANCOUVER — Spooked by proposals to significantly increase petroleum royalty rates in Alberta, Calgary's oil and gas producers are looking to British Columbia as a safer haven for their investments.And a set of incentives introduced by Victoria appears to be paying off already, based on the last two petroleum lease auctions conducted in B.C.

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