- Joined
- Sep 2, 2007
- Messages
- 12,690
Wilkie pilot project to test electricity extraction method
SASKATOON -- A junior oil company sitting on a known heavy oil deposit near Wilkie has struck a deal with a private U.S. firm to do a pilot plant of its process where an electrical current will be used get the oil to flow to surface.
Deloro Resources Ltd. of Vancouver, listed on the TSX Venture exchange, is a company with not much history and only about $75,000 monthly in revenues from some natural gas wells in the Kindersley area. However, it does have 3,765 leased acres of land in the Wilkie area that sits over top a heavy oil deposit, estimated to contain 63 million barrels.
http://www.canada.com/reginaleaderpost/new...1f-594285482d4a
SASKATOON -- A junior oil company sitting on a known heavy oil deposit near Wilkie has struck a deal with a private U.S. firm to do a pilot plant of its process where an electrical current will be used get the oil to flow to surface.
Deloro Resources Ltd. of Vancouver, listed on the TSX Venture exchange, is a company with not much history and only about $75,000 monthly in revenues from some natural gas wells in the Kindersley area. However, it does have 3,765 leased acres of land in the Wilkie area that sits over top a heavy oil deposit, estimated to contain 63 million barrels.
http://www.canada.com/reginaleaderpost/new...1f-594285482d4a