Shell pushes oil sands horizons

'Big gamble' purchase of untapped resource could open way to 38 billion barrels; others venture into Peace River, Saskatchewan

Gary Park

For Petroleum News

Royal Dutch Shell is aligning itself with the finest traditions of the oil sands — blazing a new trail in an effort to unlock hundreds of millions of barrels that have so far defied technology. In forking over C$465 million for more than 230 square miles it has entered a region which other E&P comp....

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Mahogony project may provide solution

Capital spending commitments not disclosed

Other pioneering ventures under way

Oilsands Quest working in Saskatchewan