By Dan Healing of the Calgary Herald
Extracts
The Pierre River oilsands mine proposed by Shell Canada in 2007, split out of a joint application in 2009 and delayed indefinitely last year has been withdrawn entirely from the regulatory approval process.
“The Pierre River mine remains a very long-term opportunity for us but it’s not currently a priority,” said Lorraine Mitchelmore, president of Calgary-based Shell Canada, in a news release on Monday.
“Our current focus is on making our heavy oil business as economically and environmentally competitive as possible. We will continue to hold the leases and can reapply in the future when the time is right.”