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Rush for drilling rights in remote part of Canada
Investors betting on land that produces crude at much lower costs than the massive operations the region is known for
Published Thu, Oct 5, 2017 · 09:50 PM
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Calgary, Alberta
THERE'S a land grab quietly taking place in a little-known corner of the Canadian oil sands.
Just 200 kilometres south-west of the Fort McMurray oil-sands hub in northern Alberta, investors are rushing to secure rights to land that produces crude at much lower costs than the massive operations the region is known for.
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