about 20 years ago
EnCana Corp. and ConocoPhillips have struck a US$15 billion deal which will see oilsands crude sent to refineries in the U.S. Calgary-based energy giant EnCana will operate and manage the upstream assets, which include the Foster Creek and Christina Lake oilsands projects, while Houston-based Conoco
EnCana Corp. and ConocoPhillips have struck a US$15 billion deal which will see oilsands crude sent to refineries in the U.S.
Calgary-based energy giant EnCana will operate and manage the upstream assets, which include the Foster Creek and Christina Lake oilsands projects, while Houston-based ConocoPhillips will receive crude at refineries in Illinois and Texas.
Each company will own 50% of the partnership and contribute US$7.5 billion to the venture.
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