US Oil Sands Inc., a company focused on oil sands exploration and production in Utah, recently welcomed The Honourable Diana McQueen, Alberta Minister of Energy, and the Honourable Wayne Drysdale, Minister of Transportation & Infrastructure, to tour its bitumen extraction pilot facility in Grande Prairie, Alberta.
Management also welcomed Ross Chow, Vice President, Oil & Gas Sector, Alberta Innovates – Technology Futures to learn about the company’s environmentally sustainable bitumen extraction technology.
“US Oil Sands developed this facility in 2007 and we’ve successfully demonstrated the use of our biodegradable, non-toxic bio-solvent to extract bitumen from a variety of oil sands,” said Cameron Todd, CEO of US Oil Sands. “The Ministers’ visit will bring awareness of our breakthrough extraction process which eliminates the need for tailings ponds and offers numerous environmental and economic benefits when compared to current oil sands projects.”
The facility has allowed the company to optimise its extraction process, improving bitumen recovery from a broader range of oil sand ores, increasing solvent and water recovery, and reducing overall operating costs.
US Oil Sands’ Board of Directors recently approved a series of major project enhancements and made the Final Investment Decision to proceed with construction of Phase 1 of the PR Spring Project in Utah, which is expected to achieve commercial production in H2 2015.
Adapted from press release by Katie Woodward
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/14072014/us_oil_sands_welcomes_alberta_ministers_1036/
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