Re: Resource journal artickle
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by
posted on
Feb 11, 2010 07:38AM
Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
Green field is a project which is started completely from scratch. Brown field piggybacks on previous development.
Pros & cons to each, depending on the situation and the industry and other factors.
Brownfield can be more efficient if you can utilize existing resources. It can also be inefficient if the existing resources are not appropriate for the new development or if they are a liability.