Husky Energy (HSE-T25.850.401.57%) Inc. is drilling test wells into a new type of oil resource that holds promise as a major source of Alberta crude, if it can be profitably exploited.
On Monday, the company revealed a new estimate suggesting it might one day be able to pull as much as 10 billion barrels of oil from a relatively new type of reservoir on its oil sands properties. The vast pool is contained in the so-called carbonates, which are limestone rocks that contain crude, but which have so far resisted efforts at commercial production.
This Blog is brought to you by Geothermal Atlanta by Premier Indoor. Provides ground source heat pumps (GSHP) that heat and cool your homes and offices using green technology. Our system draws energy from the ground and cuts down your energy bill!
On Monday, the company revealed a new estimate suggesting it might one day be able to pull as much as 10 billion barrels of oil from a relatively new type of reservoir on its oil sands properties. The vast pool is contained in the so-called carbonates, which are limestone rocks that contain crude, but which have so far resisted efforts at commercial production.
This Blog is brought to you by Geothermal Atlanta by Premier Indoor. Provides ground source heat pumps (GSHP) that heat and cool your homes and offices using green technology. Our system draws energy from the ground and cuts down your energy bill!
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