Newfoundland and Chevron set to finalize deal
The government of Newfoundland is set to finalize a deal with Chevron Corp this week to develop the C$6 billion ($5.7 billion) offshore Hebron oil field.
Quoting unnamed sources, Canadian Broadcasting Corporation said:
An announcement regarding the 731 million barrel Hebron and Ben Nevis heavy oil deposit could be made Wednesday or Thursday.
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Mon, Aug 18, 2008
Post by Melissa Pistilli, Heavy Oil Senior Reporter