Market Impact: Neutral. IMO has decided to investigate selling its legacy Norman Wells light oil field, which has generated a fine return for the Company since the $500 mm expansion began producing in 1985, yielding >250 mmbbl of light oil since.
12 Sep 2016
10 MBBL/D NORMAN WELLS FIELD BEING MARKETED
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10 MBBL/D NORMAN WELLS FIELD BEING MARKETED
Imperial Oil Limited (IMO:TSE) | 0 0 (-1.4%) | Mkt Cap: 28,420m
- Published:
12 Sep 2016 -
Author:
Michael P. Dunn -
Pages:
3
Market Impact: Neutral. IMO has decided to investigate selling its legacy Norman Wells light oil field, which has generated a fine return for the Company since the $500 mm expansion began producing in 1985, yielding >250 mmbbl of light oil since.