Monthly Archives: April, 2010
Japan Canada Oil Sands files commercial SAGD application
Japan Canada Oil Sands (JACOS) and minority partner Nexen have filed their application for the commercial phase of their long-running Hangingstone SAGD project. Hangingstone, which has been running since 1999, currently produces about 7,000 barrels per day. JACOS is seeking approval to expand that by up to 35,000 barrels per day. Approval and final investment [...]
Good news for the oilpatch: Q1 land sales nearly double all of 2009
The following is from today’s Daily Oil Bulletin, some good news for the whole oilpatch in Western Canada which I thought needed to be shared. Land sales are, of course, a key indicator of coming energy activity: Amount Of Land Sold In First Quarter Nearly Double 2009 Level Land sale spending rose across Canada in [...]
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