Imperial Oil ponders major oil sands stepDrilling 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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