USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

168

Shell Got Oil Sands Leases from Encana

Shell Canada Ltd has acquired Athabasca oil sands from EnCana

Shell Got Oil Sands Leases from Encana

Shell Canada Limited has acquired Athabasca oil sands from Canadian largest gas corporation EnCana.

Shell estimates that Lease 9 contains approximately one billion barrels of recoverable bitumen and could support a mine producing up to 100,000 barrels per day.
"The purchase of this large, high quality resource fits well with our long term plans to grow our Athabasca oil sands business," said Neil Camarta, Senior Vice President.


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