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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

Green Car Congress

DECEMBER 24, 2011

Canada-based Osum Oil Sands Corp. With the submission of this application and as a result of the proximity of the project to existing in situ production of 340,000 barrels per day, Osum was assigned 359 million barrels of proved plus probable reserves by its independent reserve auditors.

Oil-Sands 210
Oil-Sands Singapore Oil Legal 210
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ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

MARCH 8, 2012

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. A total of 21 major oil and gas projects will begin production between 2012 and 2014. billion oil equivalent barrels.

Saudi Arabia 231
Saudi Arabia Oil-Sands Oil 2012 231
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