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Vol. 10, No. 10 Week of March 06, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry


Petro-Canada ups ante with oil new sands deal, becomes partner in Fort Hills

Allen Baker

Petro-Canada has added a big chunk of oil sands deposits to its portfolio with a deal to become a 60 percent partner and operator of the Fort Hills oil sands project in Alberta. The Calgary-based major will spend C$900 million in development costs for the project, earning its 60 percent interest wi....


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