Ivanhoe Energy completes heavy oil demonstration facility in California

Ivanhoe Energy Inc., Bakersfield, Calif., successfully completed in March performance testing of Ensyn Petroleum International Ltd.’s oil commercial demonstration facility in Belridge heavy oil field near Bakersfield. The facility converts heavy oil into light oil.“Successful completion of this testing paves the way for the commercial deployment of this technology in heavy oil fields around the world and will provide the platform for Ivanhoe Energy’s acquisition and development of equity interests in heavy oil reserves and production worldwide,” said Leon Daniel, Ivanhoe Energy’s president and CEO.The results satisfied Ivanhoe’s technical performance re...

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