A partnership of Imperial Oil (IMO), Exxon Mobil (XOM) and BP could file for regulatory approval...

|About: Imperial Oil Ltd (IMO)|By:, SA News Editor

A partnership of Imperial Oil (IMO), Exxon Mobil (XOM) and BP could file for regulatory approval to restart exploration drilling in the Canadian Arctic - estimated to hold 90B barrels of recoverable oil - as early as summer 2013, the Northwest Territories industry minister says. IMO takes a more cautious line, saying it's not yet at the point of confirming a timetable.