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Although a mature region, Petro-Canada has been successful in increasing its production in the United Kingdom sector of the North Sea, most significantly through our participation in the Buzzard oil field. In the U.K. North Sea, we see opportunities for concentric growth around our core producing areas.
Petro-Canada has numerous operated and non-operated exploration and production assets in the U.K. sector of the North Sea.
The company has a 29.9% interest in the Buzzard field in the Outer Moray Firth. Buzzard came on-stream in early 2007 and reached plateau production of 60,000 barrels of oil equivalent per day net to Petro-Canada in mid-2007. Recent non-operated exploration north of Buzzard at Golden Eagle, Pink and Hobby indicates the possibility of a new core production area in the near future.
Petro-Canada has developed considerable experience in subsea operations in the North Sea through our interests in the Triton development area. In recent years, we have brought several fields on-stream, each of which is 100% Petro-Canada owned and operated. These include Saxon in 2007, Pict in 2005 and Clapham in 2003. All of these fields are subsea tiebacks to the Triton Floating Production Storage and Offloading vessel (FPSO), in which Petro-Canada has a 33.11% interest.
View map of Buzzard and Golden Eagle Area 
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