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Gold Stocks Today  Jan 6  Comment 
By: Lorimer Wilson When you think of Canada, which qualities come to mind: the world's peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair, well -governed? Think...
Commodity Online  Jan 5  Comment 
When you think of Canada which qualities come to mind: the world's peacekeeper the friendly nation a liberal counterweight to the harsher pieties of its southern neighbour? Think again. This country's government is now behaving with all the...
Resource Investor  Jan 4  Comment 
One commentator argues that Canada is retreating from a complex, diverse economy toward dependence on a single primary resource, which happens to be the dirtiest commodity known to man.
BBC News  Dec 30  Comment 
Asia's largest oil company, PetroChina, agrees to buy a 60% stake in two planned Canadian oil sands projects for $1.7bn.
Upstream Online  Dec 9  Comment 
Leading US engineering companies do not expect much federal stimulus money to flow in their line of sight any time soon, but believe opportunities in Canada's oil sands are ripe with the recovery in crude prices.
Reuters  Oct 22  Comment 
Canada's energy and mining sectors are riding a wave of acquisitions by Asian companies that are flush with cash and hungry for resources to fuel rapidly expanding economies, a trend not expected to let up soon.
CBC.ca  Oct 21  Comment 
Calgary-based Husky Energy reported third quarter earnings of $325 million, or 38 cents a share, on Wednesday, kicking off what's expected to be an ugly reporting season from Canada's oil and gas industry.
Canada.com  Oct 8  Comment 
The Alberta and federal government have agreed to chip in $865-million to build a commercial carbon capture and storage facility in the heart of Canada’s oil patch.
Reuters  Oct 1  Comment 
* Some protesters arrested away from Suncor site (Adds Greenpeace ends blockade after 10 hours, paragraph 2)
Reuters  Sep 30  Comment 
* Some protesters arrested away from Suncor site (Adds details on arrests)



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Canada remained the largest exporter of total petroleum in May, exporting 2.265 million barrels per day to the United States, which is a decrease from last month (2.534 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.604 million barrels per day.

Steam—Assisted Gravity Drainage (SAGD) At what oil price range are oil sands operations economic?

Integrated mining and SAGD (Steam Assisted Gravity Drainage) operations are estimated to be economic at US$30 to $35 per barrel WTI.


development of Steam Assisted Gravity Drainage (SAGD), an emerging technology that many companies are researching, field testing and planning to use for commercial scale development in the oil sands region of western Canada. SAGD is a simple technology in concept but complex in application: a well injects steam into the producing zone, creating a high-temperature steam chamber in the formation. The heat melts the thick crude which allows gravity to assist it to flow freely to the horizontal production well below. SAGD is a key technology that will be how most in-situ production is done in the years to come. Pairs of horizontal wells are drilled one above the other into the oil sands formation, and steam is injected into the upper well. The steam heats the oil sand and it softens and drains into the lower well, where it naturally flows to the surface.

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