Xfuels Inc (XFLS)

[TheGuy87]

Statistics for the Grant program... IMO, we can expect more going forward


Application and project status
September 18:
38,071 completed applications have been submitted
36,355 applications have been processed (covering grant periods 1, 1B, 2, 3, and 4)
10,471 applications have been reassessed under reassessment period 1B
11,328 applications have been approved
65 % of approved applications are for abandonment work, representing $132 million in funding
35 % of approved applications are for remediation and reclamation work (including Phase 1 and 2 environmental site assessments), representing $66 million in funding
$199 Million in grant funding has been approved and is being allocated to 306 Alberta-based companies
This funding will lead to the creation of approximately 953 jobs, as estimated by oil field services companies in their applications