I am not representing Canadian government or any company associated in the oil industry. I am a Western Canadian and interested oil industry investment, particularly in the tar sands.
My interests began when I first looked at a very small oil company venturing from traditional light crude to extracting heavy oil from the tar sands in a new novel way. This small company intends to drill horizontal wells into the tar sands below and inject steam to liquefy the very thick crude. Alternate wells would be drilled to pump the liquefied oil. This method is the most economical way of extracting oil where the tar sands are far below the surface and open pit mining is economically unfeasible.
It is interesting to note that the total area of the Canadian Tar Sand exceeds the size of the State of Colorado. Discoveries are still continuing and are exceeding initial defined area, which was in the Province of Alberta. We now know that the tar sands proceed into the neighboring Province of Saskatchewan; but are at depths that cannot be open pit mined.
Here are two quick links for those that are interested. IÃ¢â‚¬â„¢ll try to follow up with more information if anyone asks. I regret that I am not able to divulge the small company I have made references to.