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Vol. 16, No. 1 Week of January 02, 2011
Providing coverage of Alaska and northern Canada's oil and gas industry


Korea, China locking horns in Canada

State-run Korea National Oil Corp. scoops up Canadian assets of Hunt Oil; is 2/3 of way toward goal of 300,000 boe per day by 2012

Gary Park

For Petroleum News

South Korea is throwing out a stiff challenge to China in the Asian tussle for petroleum assets in Canada. Cash-laden Korea National Oil Corp. has rounded up all of Hunt Oil of Canada’s producing and undeveloped assets for C$525 million, moving it 11,720 barrels of oil equivalent per day closer to i....

    [additional news subjects in this story]

Price could rise

Hunt not leaving Canada

Korea Gas investing with Encana


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