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			<p id="updated">Posted  AT 8:04 PM EST on 28/11/07</p>
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			<h2>Petrocan chief backs oil sands despite royalties</h2>
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<p class="byline">
								
                                
 DAVID EBNER AND NORVAL SCOTT
									
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<p class="source">Globe and Mail Update</p>    


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			CALGARY &#151; Higher petroleum royalties in Alberta will not hurt the &#8220;overall viability&#8221; of 
Petro-Canada oil sands projects, but some planned investment in conventional oil and gas in the province will be affected, chief executive officer Ron Brenneman said yesterday.
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	<p class="note">The full text of this article has <em class="wordlength">497 words</em>.</p>

	
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