Petro-Canada joins EnCana at BuzzardNorth Sea discovery now 75% Canadian owned Don Whiteley Petroleum News Contributing Writer
Petro-Canada said May 25 that it will pay US$840 million to participate with EnCana Corp. in developing one of the North Sea’s biggest oil discoveries — the Buzzard field. The acquisition makes Buzzard a largely Canadian operation, with more than 75 percent controlled by the two large Canadian compa....
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