SOURCE: Industrial Info Resources

November 25, 2009 05:15 ET

Sunshine Oilsands Enters the Alberta Oil Sands Patch With More Than 1 Million Acres of Holdings, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 25, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- For the most part, Sunshine Oilsands Limited (Calgary, Alberta) has flown under the radar, acquiring slightly more than 1 million acres of land holdings in the Alberta oil sands patch. These land holdings are some of the largest of all the oil sands players in the Athabasca region. The diverse project portfolio consists of prospective conventional heavy oil targets, cretaceous sandstones applicable to thermal recovery methods, as well as carbonate bitumen resources. Sunshine Oilsands is currently moving forward with a 500-barrel-per-day pilot plant in the Harper carbonate area to test extraction technology that has proven effective at a similar geological formation in a carbonate resource in Egypt.

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