Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ivanhoe Capital Acquisition Corp. Warrants each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per... IVAN.WS

Ivanhoe Capital Acquisition Corp is a special purpose acquisition company that targets companies in the supply chain from the mine site to the end-user of electrification products and services, including in the transportation, e-mobility, electric propulsion, battery technology, and storage sectors. These include companies exploring for mining, processing, or refining metals necessary for electrification; and manufacturers of battery and battery components, electric grid component manufacturers, and producers of electric vehicles, parts, and battery storage.


NYSE:IVAN.WS - Post by User

Post by trader2dayon Dec 18, 2012 10:41am
254 Views
Post# 20745014

IE Tamarack state of the art oil production

IE Tamarack state of the art oil production

Canada - Tamarack

The Athabasca region of the Western Canadian Sedimentary Basin is home to Ivanhoe Energy's Tamarack Project and represents a significant and strategic growth area for the company.

In mid-2008, Ivanhoe Energy closed its first transaction in Western Canada, acquiring Leases 10 and 6 from Talisman Energy Canada. Lease 10, renamed the Tamarack Project, is a 6,880-acre contiguous block located approximately 10 miles (16 kilometres) northeast of Fort McMurray. Ivanhoe Energy holds a 100 percent working interest in the Project, subject only to a 20% back-in right held by Talisman Energy, which expired in mid-2011.

Ivanhoe Energy plans to develop the resources at Tamarack utilizing state-of-the-art steam assisted gravity drainage (SAGD). SAGD is a thermal production method for heavy oil that utilizes pairs of stacked horizontal wells. Steam is injected into the reservoir through the upper well. As the steam rises and expands, it heats up the heavy oil, reducing its viscosity. Gravity forces the oil and condensed steam to drain into the lower well where it is produced.

Tamarack is an in-situ heavy oil development project using SAGD, and has none of the environmental challenges specific to oil sands mining projects such as extensive land disturbance, tailings ponds, and significant water usage.

https://www.ivanhoeenergy.com/index.php?page=canada_-_tamarack_overview

<< Previous
Bullboard Posts
Next >>