Shell builds castles in the sands
Mega-major makes bid for junior BlackRock Ventures to expand interests in Alberta’s Peace River region
For Petroleum News
The North American progeny of Royal Dutch/Shell are thrusting their way to the forefront of Alberta’s oil sands.
Already rumored to be planning a C$17 billion investment over the next decade to boost output from their Athabasca project from 155,000 barrels per day (currently 77,400 bpd net to Shell)....
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Per-barrel not disclosed
BlackRock recognized potential
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