Vancouver-based Ivanhoe Energy signed a preliminary agreement with Tails-man Energy Canada to acquire all of Tailsman's interests in three leases located in the heart of the Athabasca oil sands in Alberta, Canada. The purchase price was C 105 million dollars. Through the purchase, Ivanhoe signaled that it intends to build an estimated 1.8-billion dollars integrated oil sands project near Fort McMurray. "We now have achieved our initial objective," said major shareholder Robert Friedland in a statement announcing the Talisman purchase, the Calgary Herald reported. "We are anchoring the rollout of our heavy-to-light (HTL) heavy-oil upgrading process with a first-class, high-quality resource asset in the center of the Athabasca oil sands region," he said.
展开▼
