Imperial, Exxon create Arctic buzzMake unprecedented bid for 508,000-acre Beaufort Sea exploration block, but won’t say what they have in mind other than insisting it’s ‘separate and independent’ from Mackenzie gas line Gary Park For Petroleum News
In straight dollar terms, it’s a breathtaking vote of confidence in the oil and gas future of the Canadian Arctic.
Even a federal official who manages Canada’s northern bidding process was caught off guard.
Richard Casey, with Indian and Northern Affairs Canada, said the joint bid by Imperial Oil an....
[additional news subjects in this story]
Exxon: too soon too explain Companies have five years to spend C$146.2 million Only one recent Canadian Beaufort well Analyst suggests target could be oil
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