Strata Power Corp. (SPOWF)

[fenixtx423]

From Strata web site

"cold production has been successful (Blackrock produced bitumen from carbonates using conventional production)"



Not to be a downer (which I keep having to be), but this is straight from the Wikipedia article on tar sands cold production:

"It has the advantage of being cheap and the disadvantage that it recovers only 5-6% of the oil in place."



Do the math, Strata's bitumen is not economic with a 5-6% recovery factor. They need to investigate other in-situ technologies with their pilot wells that could possibly have higher recovery factors. The fact that cold production might work does not help Strata.