Oilsands reserve booking ‘exciting’: observers

CALGARY — Establishing reserves in the Alberta oilsands carbonates is “exciting” but it may be quite some time before they can be added to the province’s 169 billion barrels of official crude inventory.

On Wednesday, the Calgary partners in the Saleski joint venture oilsands project announced they had been given the first third-party reserves assignment from the estimated 400-billion-barrel resource that underlies vast regions of northern Alberta.

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