InvestorsHub Logo
Followers 1
Posts 198
Boards Moderated 0
Alias Born 08/13/2013

Re: wshaw14 post# 1511

Friday, 06/06/2014 1:40:35 PM

Friday, June 06, 2014 1:40:35 PM

Post# of 2594
Here is a very interesting and very encouraging article about the new breakthroughs in SAGD.
http://www.junewarren-nickles.com/feature.aspx?id=9541
It is really interesting that Imperial Oil is getting 60 per cent recovery from its 30 year old (still producing) CSS wells in Cold Lake. It now makes sense why our guys are looking at horizontal CSS for the next pilot project.
Going by the article, looks like this pilot will produce more oil, and become much cheaper to operate, as time goes on.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.