COST pays the cost
Oil sands trust writes down C$148M of High Arctic gas purchase, conceding itís been overtaken by shale gas, delays in other Arctic projects
For Petroleum News
A long-shot bet by one of Albertaís biggest oil sands producers to lock up natural gas resources in the farthest reaches of the Canadian Arctic has turned sour.
In 2006, Canadian Oil Sands Trust emerged victorious from a heated bidding contest for Canada Southern Petroleum, whose primary asset was a....
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Operator now an unknown
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