Posted AT 11:47 AM EST on 11/12/07
Surmont oil sands project begins commercial production
ConocoPhillips Co. and Total SA's vast Surmont oil sands venture has begun commercial production at a time when other companies are weighing the economics of doing business in Alberta.
ConocoPhillips, the third-largest energy company in the United States, and France's Total are co-owners of the Surmont project, located about 60 kilometres southeast of Fort McMurray. Surmont began as a pilot in 1997.
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