Imperial Oil
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Whitecap enters into the liquids-rich Duvernay play, including 74,000 acres with more than 250 identified drilling locations. -
The decision to ramp down production on the Aspen project comes months after the Alberta provincial government imposed production cuts to handle pipeline bottlenecks. Aspen is projected to produce 75,000 BOPD upon startup.
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Imperial Oil has made a final investment decision on its 75,000-B/D Aspen oil sands project, the first new oil sands development to be approved in 5 years.
