China leases a bit of Alberta's oil patch
State-owned CNPC buys rights to develop oil sands properties
NORVAL SCOTT
http://www.theglobeandmail.com/servlet/story/LAC.20070622.RCNPC22/TPStor...
June 22, 2007
EDMONTON -- In a possible first step toward becoming a producer of Canadian crude, the Chinese National Petroleum Corp., China's largest oil company, revealed yesterday that it has acquired some land in Alberta, with the intention to eventually develop an oil sands project if possible.