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Vol. 7, No. 6 Week of June 30, 2002
Providing coverage of Alaska and northern Canada's oil and gas industry


Britain: Canadian firm’s North Sea oil field is biggest find in 25 years

EnCana has drilled eight wells in Buzzard field, estimates 500 million barrels of recoverable oil from field in area

Bruce Stanley

Associated Press Business Writer

A Canadian oil company prospecting in part of the North Sea overlooked by a larger rival has discovered a field that could rank as the region’s biggest petroleum find for 25 years, the government said June 20. The Buzzard oil field off Scotland’s eastern coast could contain more than 1 billion barr....

    [additional news subjects in this story]

Area believed to be of limited potential

License in area relinquished by BP

Conoco sells some U.K. North Atlantic-North Sea interests


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