Canadian Natural Resources plans oil sands megaprojectExploring a C$6.5 billion scheme on an undervalued 3.6 billion barrel lease acquired last year from BP Amoco Gary Park PNA Canadian Contributing Writer
Up-and-coming Canadian Natural Resources is poised to launch a massive oil sands and heavy oil project on a property it acquired last year from BP Amoco and initially thought had “little value.”
By September, the company intends to disclose plans for a C$6.5 billion, 300,000-barrel-per-day facility....
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Long lead time needed
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