Newfoundland’s Terra Nova field dealt a setback, reserves slashed by 13%
Gary Park Petroleum News Calgary correspondent
The Canada-Newfoundland Offshore Petroleum Board has slashed its proven plus probable oil reserves for the offshore Terra Nova field by 13 percent to 354 million barrels from its previous 405 million barrels.
Of the revised total, 87 million barrels has already been produced at the Petro-Canada-oper....
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