Wednesday, June 13, 2007

UPDATE 1-Teck Cominco sees major oil sands presence

(Reuters) - TORONTO, June 13 - Teck Cominco Ltd.
plans to build an oil sands presence that could produce 140,000
barrels of oil equivalent a day within the decade, Teck Chief
Executive Don Lindsay said on Wednesday.




Speaking at a conference in Toronto, Lindsay said recent
land lease acquisitions should eventually bear fruit for the
company, which is a top zinc and copper producer with an eye on
diversifying to other revenue streams.


Read more at Reuters.com Mergers News

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