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Ivanhoe Energy Inc. (TSE: IE,NASDAQ:IVAN) announces its financial results and operating highlights for the second quarter of 2011.
Ivanhoe Energy Inc. (TSX: IE,NASDAQ:IVAN) announces its financial results and operating highlights for the second quarter of 2011.
The press release is quoted as saying:
The Company announced that heavy crude oil extracted from its IP-5B well in the Pungarayacu field in Block 20 in Ecuador was successfully upgraded to local pipeline specifications using the Company’s proprietary HTL upgrading process.