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Vol. 17, No. 30 Week of July 22, 2012
Providing coverage of Alaska and northern Canada's oil and gas industry


Boost for oil sands next phase

JV by two startup companies raises production level with results over short time period; other Grosmont carbonate players stay low

Gary Park

For Petroleum News

Although only a fraction of Alberta’s existing 170 billion barrels of oil sands resources has been removed, the next, even larger deposit is making headway towards commercial development, spearheaded by two junior startup companies. Laricina Energy, a 60 percent operator, and Osum Oil Sands have ma....

    [additional news subjects in this story]

Phase 1 cost estimate raised

Impact of SAGD


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