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By James Stevenson |
February 9, 2007
The oilsands producer says it will explore and pursue alternatives to "realize the full value of our assets and future growth potential."
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By The Canadian Press |
September 22, 2006
A major shareholder has sent a letter to Western Oil Sands urging it to consider a sale, addressing concerns about the rising costs of Athabasca Oil Sands and the company's decision to invest $45 million in oil and natural gas in Iraq.
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By Cyril Widdershoven |
August 16, 2006
With Kurdistan's attractive oil reserves, stability and high crude oil prices could be only a fata-morgana for the current operators if Baghdad puts its foot down.
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By James Stevenson |
July 13, 2006
Nexen says that near-record crude prices in the quarter were able to negate the effects of a 14% drop in production, due mainly to lower output in Yemen and the impact of last year's vicious hurricane season in the Gulf of Mexico.
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By James Stevenson |
July 6, 2006
Even in an industry that has seen its share of multibillion-dollar cost overruns to build megaprojects, word that Athabasca's first major expansion could cost 50% higher than the current C$7.3 billion pricetag hit oilsands producers hard on the stock market.
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By James Stevenson |
May 31, 2006
Shareholders became nervous today after Western Oil Sands announced that it had signed a deal with the Kurdistan regional government for an oil and gas exploration program in northern Iraq.
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By Judy Monchuk |
May 11, 2006
CEO David Dyck is projecting Western's annual output at between 29,000 and 30,000 barrels of oil equivalent a day - just slightly slower than the 2005 figures.
