Wednesday, August 10, 2011 11:22:47 PM
Schlemberger has said: "There are several methods of heavy oil extraction currently, but, as the heavy oil industry is still in its beginning stages, there is not a de facto "standard" of heavy oil extraction for the industry - one that is low cost and efficient, that can be applied across most heavy oil deposits. The question that is most relevant for investors is: when will there be a dominant technology for the development of heavy oil reserves? And secondly, if so, which firm will capture this technology?"
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