CNRL to drill 200 wells in Alberta this winter

Canadian Natural Resources Ltd., Calgary, says it will drill 200 coreholes this winter on leases in northern Alberta, where it plans to develop a major oilsands project. The company says it will file for regulatory approval for the Mic Mac project in 2002. It acquired the leases from BP Amoco in mid-1999.


CALGARY�Canadian Natural Resources Ltd. (CNRL), Calgary, will drill 200 coreholes this winter on leases in northern Alberta, where it plans to develop a major oilsands project.

CNRL Vice-Pres. Real Doucet said the company plans to produce 300,000 b/d of oil by 2010 at the Mic Mac site, about 43 miles north of Fort McMurray. Doucet said the leases have more than 2.4 billion bbl of mineable oil.

The $6.5 billion (Can.) project would consist of a truck and shovel mining operation to produce 200,000 b/d and an in-situ project using steam extraction to produce 100,000 b/d.

The company plans to file for regulatory approval for the Mic Mac project in 2002. It acquired the leases from BP Amoco in mid-1999.

Doucet recently joined CNRL as head of its new oilsands division. Previously, he was project director for the Suncor Energy Inc. Steepbank Mine project in the same region.

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