Article by Doug Black, Q.C., Bill Gilliland,
Alex MacWilliam, Miles Pittman, Anne Calverley, Rich Miller, John
Hurley, Cyrus Reporter, Ron Stuber and Jerry
Farrell
Oil Sands News
1. Imperial Oil is forging ahead with its
proposed Kearl oil sands mining project. $500 million has been
spent on Kearl with contracts having been awarded for engineering,
procurement and construction management services. Phase 1 of the
Kearl surface mining operation northeast of Fort McMurray added a
total of 800 million boe to proved reserves for Imperial Oil in
2008.
2. TransCanada is continuing to progress its
Keystone pipeline to transport bitumen from the oil sands to the
Gulf Coast. It has completed approximately 40% of the engineering,
procurement and construction activities for the initial phase.
TransCanada has also been receiving additional requests for service
on the Keystone pipeline due to the delay of upgrader projects in
Alberta. Shippers have been requesting that
