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Page added on June 13, 2006

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Aging Oil Wells Hold a Treasure Trove, Report Finds

Canada.com – A $1-trillion Canadian oil and gas bonanza awaits production in aging western wells, says a new energy treasure map drawn by industry and government experts.


The astronomical added wealth can be reaped chiefly in Alberta by investing $12 billion to $15 billion over the next 15 years to tap leftovers of standard methods used in conventional oil and gas fields, the new guide estimates.
Canada.com



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