Shell's secret oil sands project -
Back in the 1970's Shell–the oil industry giant–became
interested in Canada's oil sands. They leased 2 million acres on the Alberta/Saskatchewan border – and conducted tests on both sides.
Take a look at the map to the right and you'll see what Shell was excited about...
Drill samples found large quantities of oil on both sides of the border!
Problem was, the Saskatchewan government didn't have the regulatory framework and work force infrastructure in place–the necessary roads, pipelines, tax-structure and government royalty incentives.
Alberta did.
So, Shell dropped their Saskatchewan leases and began operations in Alberta.
Now, for more than 40 years Saskatchewan has sat idle–untapped–chock-full of rich oil sands.
The question is...
Will the Saskatchewan government ever let anyone tap its oil sands?
Well, what almost no one in the investment community knows is that -- after nearly 4 decades -- the Saskatchewan government has finally granted access to this region.
In fact, one small company now controls the majority of this land -- one of the largest untapped oil sands fields on Earth.
So... How much oil are they sitting on?
Let me show you...
How much oil is in Saskatchewan?
Preliminary estimates are 60 BILLION barrels of oil.
Thing is, less than 5% of Saskatchewan's oil property has been fully explored! So there could potentially be even more undiscovered oil!
That was all the Saskatchewan government needed to hear...
An oil sands industry means huge benefits to Saskatchewan's economy – more jobs, new business revenue, and tax dollars.
Saskatchewan Opens Up its Rich Oil Sands Land
"The Government of Saskatchewan Industry and Resources... has introduced new fiscal and regulatory changes to support development [of its oil sands]."
--DOBmagazine
So, on November 4, 2007, Saskatchewan finalized the necessary framework and infrastructure that would allow companies to extract oil from the province's rich oil sands region.
And here's the exciting part...
The government leased the majority of this land to a small, publicly traded oil company.
The map below shows how much land they acquired in the deal.
That's more than 707,700 acres of oil-rich land. In fact, it's the single largest oil sands holding in Canada (that's including Alberta's oil sands projects).
Government Relations Minister Harry Van Mulligen called the sale historic and said it "heralds the beginning of a potential new oil sands industry in Saskatchewan."
Right now this firm is in the final stages of Saskatchewan's biggest land survey ever.
"Saskatchewan's first oil sands play has been launched, on a remarkably large geographic scale by a strikingly small team."
--DOBmagazine, a Canadian Oil Trade Journal
They're conducting tests to determine how much oil is buried beneath their land.
The results are due back any day now.
As I mentioned, because I've been involved in the oil industry for the past two decades I can tell you exactly what's going on–and how you can take advantage of the situation...
When these pivotal results are announced I believe early investors will make an absolute fortune–the same thing happened in Alberta a few years ago. Now it's about to happen in Saskatchewan.
And it's never been easier for you to get a piece of the deal...
The Canadian oil sands story no one's telling...
Already, phase one test drills have been completed...
Twenty-four holes were drilled into Saskatchewan's thick oil-rich sand...
Nineteen came back with a pay grade RICHER than Alberta's.
Keep in mind this was just a small test. Not big enough to attract the attention of Wall Street or even the mainstream press. But because the results were so good, the stock shot up more than 50% on the announcement (the good news is the stock still trades for less than $4 a share).
But that's nothing compared to what's going to happen next...
You see, right now this small firm is finishing a second, much bigger test drill. This is the biggest oil sands test in Saskatchewan to date... a complete assessment of the land.
They've spent over $70 million dollars determining the exact amount of oil resources they own, and getting the necessary infrastructure into place:
* There are currently eight truck-mounted core drilling rigs on site producing 150 core samples.
* Over 400 different people have been "shooting" some 1,100 miles of 3-D seismic lines on the unexplored areas of the property.
* A helicopter-borne was created to conduct an ariel 2-D seismic program over a 103 mile radius.
* 200 miles of ice roads and winding trails have been built in order to move the estimated 400,000 barrels of oil they expect to produce every day.
* A permanent airstrip was built in order to move people in and out of the area.
* Three separate housing camps for over 305 employees have been constructed.
The data from the survey has been submitted to the lab.
And any day now this company will confirm to the world exactly how much oil they've found.
When the results are announced, it's likely that every major television news program–like 60 Minutes, CNBC, and CNN–will air the story...
...And send shares of this tiny penny stock skyrocketing. Exactly how high it will go is impossible to predict.
One thing's for sure. The upcoming announcement is huge. And will take a lot of people by surprise.
Or... as the Regina Leader-Post puts it, "This is where the Canadians - Alberta and now Saskatchewan - become the pivot of the balance of power in the global oil market."
While company officials are prohibited by stock market regulations from saying much about the results before they're confirmed, company officials have gone on record numerous times about the project:
* "We haven't found any edge [to where the oil stops]. We're in the middle of something and it's extending in every direction. North. South. East. West. It doesn't matter. On average it's running 20 metres thick. That's a good Alberta pay thickness."
--Company Geologist
* "You know, last year at this time, we were saying that our [Saskatchewan] discovery could be the start of something big... Well, this year, we're saying that it truly is the start of something-the birth of an oil sands industry for Saskatchewan."
--Company's CEO
* "I am convinced that we are dealing with a world-scale oil sands resource. Everyone involved in our program has a sense that we're making history for the province of Saskatchewan and for Western Canada's oil sands industry."
--Company Engineer
Keep in mind, you need only a very small stake in this company to have the potential for a huge payoff.
Believe me, if this company takes off as I expect, even with a small investment, your gains will be tremendous.
If you are interested in investing in this company, let me show you how to get started...
Short snibbet from...
THANK YOU FOR READING DAILYWEALTH…
TO VISIT US ONLINE:
www.dailywealth.com
TO MAKE SURE YOU RECEIVE YOUR DAILYWEALTH, CLICK HERE.
MEET THE EDITORS
Dr. Steve Sjuggerud
Tom Dyson
http://investorshub.advfn.com/boards/board.asp?board_id=6668
Back in the 1970's Shell–the oil industry giant–became
interested in Canada's oil sands. They leased 2 million acres on the Alberta/Saskatchewan border – and conducted tests on both sides.
Take a look at the map to the right and you'll see what Shell was excited about...
Drill samples found large quantities of oil on both sides of the border!
Problem was, the Saskatchewan government didn't have the regulatory framework and work force infrastructure in place–the necessary roads, pipelines, tax-structure and government royalty incentives.
Alberta did.
So, Shell dropped their Saskatchewan leases and began operations in Alberta.
Now, for more than 40 years Saskatchewan has sat idle–untapped–chock-full of rich oil sands.
The question is...
Will the Saskatchewan government ever let anyone tap its oil sands?
Well, what almost no one in the investment community knows is that -- after nearly 4 decades -- the Saskatchewan government has finally granted access to this region.
In fact, one small company now controls the majority of this land -- one of the largest untapped oil sands fields on Earth.
So... How much oil are they sitting on?
Let me show you...
How much oil is in Saskatchewan?
Preliminary estimates are 60 BILLION barrels of oil.
Thing is, less than 5% of Saskatchewan's oil property has been fully explored! So there could potentially be even more undiscovered oil!
That was all the Saskatchewan government needed to hear...
An oil sands industry means huge benefits to Saskatchewan's economy – more jobs, new business revenue, and tax dollars.
Saskatchewan Opens Up its Rich Oil Sands Land
"The Government of Saskatchewan Industry and Resources... has introduced new fiscal and regulatory changes to support development [of its oil sands]."
--DOBmagazine
So, on November 4, 2007, Saskatchewan finalized the necessary framework and infrastructure that would allow companies to extract oil from the province's rich oil sands region.
And here's the exciting part...
The government leased the majority of this land to a small, publicly traded oil company.
The map below shows how much land they acquired in the deal.
That's more than 707,700 acres of oil-rich land. In fact, it's the single largest oil sands holding in Canada (that's including Alberta's oil sands projects).
Government Relations Minister Harry Van Mulligen called the sale historic and said it "heralds the beginning of a potential new oil sands industry in Saskatchewan."
Right now this firm is in the final stages of Saskatchewan's biggest land survey ever.
"Saskatchewan's first oil sands play has been launched, on a remarkably large geographic scale by a strikingly small team."
--DOBmagazine, a Canadian Oil Trade Journal
They're conducting tests to determine how much oil is buried beneath their land.
The results are due back any day now.
As I mentioned, because I've been involved in the oil industry for the past two decades I can tell you exactly what's going on–and how you can take advantage of the situation...
When these pivotal results are announced I believe early investors will make an absolute fortune–the same thing happened in Alberta a few years ago. Now it's about to happen in Saskatchewan.
And it's never been easier for you to get a piece of the deal...
The Canadian oil sands story no one's telling...
Already, phase one test drills have been completed...
Twenty-four holes were drilled into Saskatchewan's thick oil-rich sand...
Nineteen came back with a pay grade RICHER than Alberta's.
Keep in mind this was just a small test. Not big enough to attract the attention of Wall Street or even the mainstream press. But because the results were so good, the stock shot up more than 50% on the announcement (the good news is the stock still trades for less than $4 a share).
But that's nothing compared to what's going to happen next...
You see, right now this small firm is finishing a second, much bigger test drill. This is the biggest oil sands test in Saskatchewan to date... a complete assessment of the land.
They've spent over $70 million dollars determining the exact amount of oil resources they own, and getting the necessary infrastructure into place:
* There are currently eight truck-mounted core drilling rigs on site producing 150 core samples.
* Over 400 different people have been "shooting" some 1,100 miles of 3-D seismic lines on the unexplored areas of the property.
* A helicopter-borne was created to conduct an ariel 2-D seismic program over a 103 mile radius.
* 200 miles of ice roads and winding trails have been built in order to move the estimated 400,000 barrels of oil they expect to produce every day.
* A permanent airstrip was built in order to move people in and out of the area.
* Three separate housing camps for over 305 employees have been constructed.
The data from the survey has been submitted to the lab.
And any day now this company will confirm to the world exactly how much oil they've found.
When the results are announced, it's likely that every major television news program–like 60 Minutes, CNBC, and CNN–will air the story...
...And send shares of this tiny penny stock skyrocketing. Exactly how high it will go is impossible to predict.
One thing's for sure. The upcoming announcement is huge. And will take a lot of people by surprise.
Or... as the Regina Leader-Post puts it, "This is where the Canadians - Alberta and now Saskatchewan - become the pivot of the balance of power in the global oil market."
While company officials are prohibited by stock market regulations from saying much about the results before they're confirmed, company officials have gone on record numerous times about the project:
* "We haven't found any edge [to where the oil stops]. We're in the middle of something and it's extending in every direction. North. South. East. West. It doesn't matter. On average it's running 20 metres thick. That's a good Alberta pay thickness."
--Company Geologist
* "You know, last year at this time, we were saying that our [Saskatchewan] discovery could be the start of something big... Well, this year, we're saying that it truly is the start of something-the birth of an oil sands industry for Saskatchewan."
--Company's CEO
* "I am convinced that we are dealing with a world-scale oil sands resource. Everyone involved in our program has a sense that we're making history for the province of Saskatchewan and for Western Canada's oil sands industry."
--Company Engineer
Keep in mind, you need only a very small stake in this company to have the potential for a huge payoff.
Believe me, if this company takes off as I expect, even with a small investment, your gains will be tremendous.
If you are interested in investing in this company, let me show you how to get started...
Short snibbet from...
THANK YOU FOR READING DAILYWEALTH…
TO VISIT US ONLINE:
www.dailywealth.com
TO MAKE SURE YOU RECEIVE YOUR DAILYWEALTH, CLICK HERE.
MEET THE EDITORS
Dr. Steve Sjuggerud
Tom Dyson
http://investorshub.advfn.com/boards/board.asp?board_id=6668
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