CALGARY — Shell Canada Ltd. expects to achieve crude oil output of between 30,000 and 50,000 barrels a day from its recent acquisition of BlackRock Ventures Inc., the company said yesterday.
Shell Canada is also evaluating two, 50,000 barrel-a-day expansion block options at its existing Peace River operations, which are adjacent to its BlackRock acquisition. Shell expects to make a decision by 2007 on whether to expand its Peace River operations, which currently produce 8,000 barrels a day, Ian Kilgour, senior vice-president of exploration and production at Shell Canada, said at a conference.