GREY:CLLZF - Post by User
Comment by
olesmokeron Feb 27, 2008 4:07pm
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Post# 14557047
RE: Algar
RE: Algar It is expected the Algar accumulation which is to be developed will produce up to 1,600 cubic metres per day (10,000 barrels per day) of bitumen over a design life of 25 years. Accordingly, this proposed SAGD operation is estimated to recover about 13 million cubic metres (83 million barrels) of bitumen. Subject to receipt of approvals from the EUB, Alberta Environment and Alberta Sustainable Resource Development, start-up of construction would be anticipated to occur prior to midyear 2008. Produced bitumen will be diluted and delivered to a third party pipeline for shipment to refinery markets in Canada and the United States commencing in 2009