EnCana, ConocoPhillips form historic $11 billion joint venture in Alberta’s oil sands
EnCana and ConocoPhillips are breaking new ground by forming a US$10.7 billion partnership to produce and refine 400,000 barrels per day of bitumen from the Alberta oil sands.
It’s the grand strategy EnCana has been promising for months — a tradeoff of about 3 billion barrels of bitumen resources fo....
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A 50/50 partnership
2015 goal is 400,000 bpd
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