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Saskatchewan and offshore areas of Newfoundland in particular have substantial oil production and reserves. [3] Alberta has 39% of Canada's remaining conventional oil reserves, offshore Newfoundland 28% and Saskatchewan 27%, but if oil sands are included, Alberta's share is over 98%. [4]
According to the Government of Saskatchewan, approximately 95% of all items produced in Saskatchewan, depend on the basic resources available within the province. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy. [8] As of 2017, Saskatchewan's GDP was approximately C$79.513 billion. [9 ...
The Husky Energy Bi-Provincial Upgrader on the Saskatchewan side of Lloydminster processes 10,800 cubic metres per day (68,000 bbl/d) of heavy oil from Alberta and Saskatchewan to lighter crude oil. In addition to selling synthetic crude oil to other refineries, it supplies feedstock to the Husky Lloydminster Refinery on the Alberta side of the ...
The budget assumes an average North American oil futures price of $75.75 per barrel during its fiscal year, generating C$867.5 million in royalties. ($1 = 1.2558 Canadian dollars)
Saskatchewan Oil & Gas Corporation, or SaskOil, was established in 1973 by the Government of Saskatchewan as a Crown corporation. [1] It was the first state-owned oil and gas company in North America, founded by Saskatchewan New Democratic Party Premier Allan Blakeney . [ 2 ]
The company was founded in 2001, and is one of the largest independent oil and gas producers in Canada, having a significant presence in the Western Canadian Sedimentary Basin. [1] In 2024, the company changed its name to Veren and is listed on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol VRN.
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