mcunningham615

Something's Brewing at Oilsands Quest Inc.

Connacher oil and gas is using the in-situ recovery method of producing their reserves in the Fort McMurry area of Edmonton, Canada. So far they have been VERY successful. In just a little over a years time they have gone from about 10 boe to about 10,000 boe a day. Their first site is up and running and their second project is (the Algar project) being constructed as I type this. Connacher is planning on ramping up production in Canada to 50,000 bbls a day over the next few years. Oil Sands Quest has MUCH LARGER reserves and should be a good candidate for SAGD type production. Teaming up with Ivenhoe Energy could very well be a win win situation for all involved.