Sectors

Petsec spins bit in Canadian shale

Australia-listed Petsec Energy has spudded a commitment well on an oil shale project in the Western Canada Sedimentary basin, in Alberta.

Canadian patch: Petsec is funding 35% of the costs of an initial commitment well as part of farm-in agreement in entered in February
Canadian patch: Petsec is funding 35% of the costs of an initial commitment well as part of farm-in agreement in entered in February
Published 12 March 2012, 05:01Updated 11 October 2016, 06:48