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