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Thailand enters the Canadian oil sands; Statoil selling 40% interest to PTTEP for US$2.28B

Green Car Congress

NOVEMBER 23, 2010

Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. Future development of the oil sands leases will proceed in a stepwise manner.

Oil-Sands 273
Oil-Sands Thailand Oil Canada 273
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Statoil Canada oil sands SAGD project produces first oil

Green Car Congress

JANUARY 27, 2011

Statoil Canada has produced first oil from its SAGD (steam-assisted gravity drainage) Leismer Demonstration Project (LDP) in the Canadian oil sands after initiating steam injection in September 2010, one month ahead of schedule. Statoil Canada Ltd.

Oil-Sands 210
Oil-Sands Oil Canada Thailand 210
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