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Gigant Oil Find "Grosmont" Shown Extractible


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http://www.albertaoilmagazine.com/2014/09/sleeping-giant/

 

The thickest most viscous oil in the world in the "Grosmont" Carbonate formation proves relatively easily extractible since it is in clumps mixed with and not heavily mixed

 

3 of Canadas largest oil companies have teamed up to research most cost effective ways to extract up to 500 Billion Barrels of it before commercializing it

 

Once it can be proven that these reserves really are extractible Canada will have #1 highest official oil reserves in the world. Currently Canada ranks #3

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Economy
41 minutes ago, RF said:

Instead of thinking of how to extract oil from the ground, they should think how to clean up the ocean from these oils, NOW

The oceans renew themselves. I guess u mean how to faster clean up an innitial spill?

 

well Canadian oil companies dont really sell outside north america so tjey dont transport by ocean

 

and even if they did... Oil spills in oceans are usually the transportation companies fault that are carrying the oil. When pipelines rupture its also the fault of transportation companies

 

sometimes if a rig ruptures tho it can be an extractors fault

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