Reuters: Koch Industries' Canadian energy division has put interests in several Alberta oil sands properties on the auction block, adding to a growing list of opportunities for developing the massive resource being shopped to potential bidders.
Koch Oil Sands Operating ULC is offering stakes in six properties comprising 220,000 net acres, with total bitumen in place estimated at more than 8 billion barrels, according to Western Divestments, the financial adviser for the offering.
The recoverable resource......
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Koch brothers seek buyers for Canadian tar sands assets
Posted by Washington Post: Juliet Eilperin on June 10th, 2012
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