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ECRB has lowered Alberta's Oil Sands Output Forecast

June 23, 2009 @ 10:26 am In Heavy Oil Company News

In its June report on Alberta's 2008 reserves and supply-demand outlook for 2009-18, Alberta's Energy Resources Conservation Board has lowered its forecast of bitumen production to 2.7 million b/d in 2018. Last year's report showed production reaching 3.2 million b/d in 2017.

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