Oils Sands Extraction

Under the banner of OSX we are developing projects for the cost effective and environmentally friendly extraction of bitumen, which is at 1/4 the CAPEX and  3/4 the OPEX of the competition, through a proprietary extraction process that utilizes a patented EPA approved chemical.

The focus is the US oil sand deposits in Utah & Kentucky where the proven reserves are 30 billion barrels. Development of these projects benefits from four (4) enablers:

1.   Support for the Keystone pipeline & local refineries, which shall reduce transportation costs

2. US land ownership rights, allowing unhindered development

3. The technology does not require heat and recovers 95% of the water used

4. The plants are modular and easily to relocate, the present  model works on leasing land instead of full purchase.

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