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Manitoba's oil industry has a banner year

--Updated at 1:53 p.m.
We’re not in Alberta territory yet but Manitoba’s oil industry had a banner year in 2006 just the same.

The industry shattered a 51-year-old record for the number of new oil wells drilled in 2006.

There were 478 new wells drilled last year. The previous record was 354 in 1955.

In 2005 there were 304 new wells dug.

Manitoba now produces over 20,000 barrels of oil a day, up from 10,000 in 1999.

Ninety-five per cent of the wells dug last year actually struck oil.

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