Alberta Oilsands Inc. (”AOS” or the “Company”) (AOS – TSX-V), an early stage oil sands exploration and development company, has announced an updated on its development of the Clearwater property. A third party evaluation assigned 16.3 million barrels of probable and 51.3 million barrels of possible bitumen reserves. Click here to access the entire Press Release
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for natural gas. So, [...]
By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
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