Canadian cos getting $20 a barrel or less
Canadian producers are receiving $20 a barrel or less for their heavy oil, according to some estimates, making it tough to cover costs, particularly when, like Connacher, they also need to buy natural gas to produce the steam that’s pumped into the ground to liquefy the bitumen.
For full story, click here
Comment |
|
Tweet |
|
All content Copright 2011 Dig Media Inc. Disclaimer
Email
Print
Reproduction Request
Tue, Feb 3, 2009
Post by Melissa Pistilli, Heavy Oil Senior Reporter