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Vol. 12, No. 26 Week of July 01, 2007
Providing coverage of Alaska and northern Canada's oil and gas industry

Tunneling to oil sands

Startup plans to go underground to extract bitumen; claims technology drops drilling costs by 60%

Gary Park

For Petroleum News

OSUM Oil Sands wants to burrow its way to recoverable resources estimated at 252 million barrels and is ready to join others in opening up an unexploited carbonate trend, where OSUM holds another potential 845 million barrels. The private Calgary-based company made its biggest public appearance yet....

    [additional news subjects in this story]

Underground operations allows ‘optimal pressures’

Landowners concerned about water quality


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