Wildfire spreads closer to Canada’s oil sands: hundreds evacuated – Mining.com
May 28, 2015
Canadian firefighters are trying to control a massive wildfire in northern Alberta, which has spread into the oil sands area, threatening several operations and keeping about 10% of production offline.
As of Wednesday night, there were 63 fires burning in Alberta and 13 were considered to be out of control. They have prompted the shutdown of about 230,000 barrels a day of oil sands output.
Statoil ASA (NYSE:STO), MEG Energy Corp (TSE:MEG), Cenovus Energy (NYSE, TSE:CVE) and Canadian Natural Resources (TSE:CNQ) have momentarily closed plants and evacuated hundreds of workers in the last two days.
Cenovus shut its 135,000-barrel-a-day Foster Creek operations, located near Cold Lake, on Saturday. The company said fires were about 19 km from its Foster Creek oil sands facility and only 1.5 km away from its Caribou South natural gas plant.
Read More: http://www.mining.com/wildfire-spreads-closer-to-canadas-oil-sands-hundreds-evacuated/
