Athabasca Oil Sands is announcing it’s gotten regulatory approval for its 150-thousand barrel per day MacKay River project, which is a joint venture with PetroChina.
The project would cost about $6.5 billion to build.
Athabasca sold a 60 per cent stake in its MacKay and Dover projects to PetroChina for $1.9 billion in 2009.
