Bloomberg with the piece on moves at Exxon to drop 98% of thick Albertan crude from its reserves list
Bloomberg cite a regulatory filing on Wednesday:
- Exxon counted the equivalent of 15.2 billion barrels of reserves as of Dec. 31, down from 22.44 billion a year earlier
And notes that Canada can be brought back onto its books as crude prices rise.
This article was originally published by Forexlive.com. Read the original article here.
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