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Teck makes first oil sands move

CANADIAN major Teck Cominco has enhanced its status as a diversified producer after making good o...

Jesse Riseborough
Teck makes first oil sands move

Teck paid $C475 million for its initial 15% earn in, gaining 10% from partner Petro-Canada (whose final interest will be 55%), and 5% from the other partner UTS Energy Corp, which will end up 30%. Teck...

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