Monday, August 31, 2009

PetroChina takes $1.9 Billion stake in oil sands

http://www.financialpost.com/news-sectors/story.html?id=1947720

"PetroChina International Investment Co. Ltd. has struck a deal to buy a 60% interest in Athabasca Oil Sands Corp.'s MacKay River and Dover projects for $1.9-billion, as well as other financing arrangements."

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