Canuck Investor

Oilsands Quest: The Rocket Has Left the Platform

There's no THAI testing going on in Saskatchewan. Petrobank was just awarded the concession. Nobody knows if the oilsands extends that far south in Saskatchewan. They can't test before they have discovered and then firmed up the resources in that area if they exist. You have to take a very long-term approach to oilsands in SK as there is very little infrastructure in place and Axe Lake is the only area where there has been significant exploration. But in the end it may be well worth the wait.