Acceleware Ltd V.AXE

RE:RE:RE:National post article

[blitzer2]

howlong..The article in the FP was very informative and gave a good overview of how
the oilsands generally, and some companies in particular, are stepping up to take on
the clean tech challenge. Eliminating or reducing water use is a major focus of oilsands
R&D efforts across the sector. 

As a reminder, as AXE has stated regarding their RF technology:

Acceleware is a clean-tech energy innovator developing low-cost, low-carbon solutions for the oil industry. Our production technology for heavy oil and oil sands features exceptionally low capital and operating costs, and is materially different from any other technique on the market today.

 

RF XL and Modular RF require no costly chemicals or solvents, use no solvent recovery process, no external water, have a very small physical footprint, can eliminate tailings ponds for near-surface reservoirs, and can immediately reduce greenhouse gas (GHG) emissions compared to steam assisted gravity drainage (SAGD).

In addition to their RF clean tech applied to the oil sands, AXE in March also announced New Technology for Crude-by-Rail:
https://stockhouse.com/news/press-releases/2019/03/13/acceleware-announces-new-technology-for-crude-by-rail-and-update-on-rf-xl

So I found this recent FP article very interesting:
https://business.financialpost.com/commodities/energy/canadian-natural-eyeing-a-piece-of-albertas-3-7-billion-oil-by-rail-sale