Alberta moves to lure shale gas investment - Reuters

CALGARY, Alberta, May 27 (Reuters) - Alberta handed the oil industry the final breaks in its rejigged royalty regime on Thursday, offering up incentives for shale gas and other unconventional resources for which spending has lagged.

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The incentives, along with finalized price curves on royalties for conventional oil and gas, bring to a close the Western Canadian government's backtrack on such payments, after its previous efforts to wring more money out of its main industry were met with bitter complaints.

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Alberta, Canada's largest energy-producing province, has been left out of the rush to develop shale gas reserves, which has boomed in Texas, Louisiana and Pennsylvania in the United States and in British Columbia in Canada.

Full Story: Alberta moves to lure shale gas investment - Reuters