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Gold/Mining/Energy : Oil Sands and Related Stocks

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From: FreedomForAll	3/2/2006 12:11:52 PM
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Chevron Acquires Canada Oil Properties Thursday March 2, 11:07 am ET Chevron Acquires Five Canadian Oil Properties for Unreported Sum SAN RAMON, Calif. (AP) -- Chevron Corp., one of the nation's largest integrated oil companies, on Thursday said it has acquired five heavy oil leases in Alberta, Canada, for an undisclosed sum. The properties cover roughly 180,000 acres in the Athabasca region and hold some 7.5 billion barrels of oil, Chevron said. Chevron also has a 20 percent stake in a joint venture in the region that produces about 150,000 barrels of oil per day.

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