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home > Operations > E&P worldwide > AMERICAS > Canada

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BlackGold

 

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(As of Jun. 2015)

Phase Block Operator Reporting to Gov. Korea’s Share (%) KNOC’s Share (%) Korean Participant
Development BlackGold KNOC June 2008 100 100 -
 

The BlackGold oil sand block is located 140 kilometers southeast of Fort McMurray within the Athabasca Oil Sands area of northern Alberta. KNOC acquired the block from Newmont Mining Corporation in August 2006.


Recoverable bitumen reserves are approximately 259 million barrels as of December 31, 2013. Initial production is scheduled in 2015. It is expected to produce 10,000 barrels per day from 2017.


KNOC will develop BlackGold as a foothold for the development of oil sands in Canada as well as heavy oil, a resource with estimated reserves of more than 10 trillion barrels globally.

Production Management Contacts
Department : Production Operation Contacts : +82)52-216-3729 Updated : 2015-06-30
 

Harvest

 

 

(As of Jun. 2015)

Phase Block Operator Reporting to Gov. Korea’s Share (%) KNOC’s Share (%) Korean Participant
Development/Production Canada Harvest Energy KNOC Dec 2009 100 100 -
 

On October 22, 2009, KNOC acquired Harvest Energy for US$3.95 billion (C$4.07 billion) which owns around 200 million barrels of oil and gas production fields and oil sands property. The reserve volume increased to 250million barrels via the takeover of Hunt asset on February 28, 2011 for C$500 million.


As a major Canadian oil company headquartered in Calgary, Canada, Harvest Operations produces approximately 43,000 barrels of oil and gas daily as of June 2015 from upstream properties in Alberta, British Columbia and Saskatchewan provinces.

 
Production Management Contacts Updated
Department : Production Operation Contacts : +82)52-216-3729 Updated : 2015-06-30

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