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Vol. 9, No. 30 Week of July 25, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Oil sands project on time and on budget

Nexen, OPTI Canada joint-venture confident they can avoid cost overrun pitfalls of other oil sands peers

Gary Park

Petroleum News Calgary Correspondent

Nexen and OPTI Canada are delivering a bold promise to their shareholders — they are on schedule and on budget with their C$3.4 billion Long Lake oil sands project in Alberta. By maintaining tough controls over all aspects of the project and employing a new construction approach they hope to end a s....

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More money may be needed for drilling


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