[Ost-news] Conoco not Planning Immediate Expansion in the Tar Pits

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Conoco content with current oil sands position  
Wed Feb 13, 2008 10:54am EST

HOUSTON, Feb 13 (Reuters) - The head of ConocoPhillips (COP.N: Quote, Profile, Research) in Canada said on Wednesday the company is content with its oil sands position and has no current plans for expansion.

"We have a substantial resource position, and at this time, we're focused on developing that resource position," Kevin Meyers, president of ConocoPhillips Canada, told reporters after a CERA conference breakfast meeting.

[read more][1]

    [1]: http://oilsandstruth.org/conoco-not-planning-immediate-expansion-tar-pits

URL: http://oilsandstruth.org/conoco-not-planning-immediate-expansion-tar-pits