Devon Energy gets OK for Canada oil sands project
Devon Energy Corp. , the largest U.S. -based independent oil and natural gas producer, said Monday it has received regulatory approval to begin a second oil sands project in Canada .
The Oklahoma City -based company said it expects the site, dubbed Jackfish 2, to produce about 35,000 barrels of oil per day when it is operational in 2012. Over the life of the project, Devon said it expects to recover about 300 milli...
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