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Posted AT 5:23 PM EST on 19/08/08

Ivanhoe in talks to develop Ecuadorian field

Globe and Mail Update

CALGARY — — Ivanhoe Energy Inc., the Vancouver-based oil junior run by mining billionaire Robert Friedland, has confirmed that it is in "detailed discussions" with Ecuador's national oil company over developing an oil field, but says it's not certain that a deal will be agreed.

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