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Vol. 8, No. 50 Week of December 14, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Imperial Oil ponders major oil sands step

Drilling to establish reserves at multi-billion dollar project; concerned about cost

Gary Park

Petroleum News Calgary Correspondent

Imperial Oil is pushing a multi-billion dollar oil sands project to the next phase, but hesitating over a final decision until it has a better idea of the reserves available and the cost. Canada’s largest integrated oil company will drill 200-250 wells this winter on its Kearl Lake leases to “size u....

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Company has options for upgrading


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