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Ivanhoe submits application for Tamarack SAGD project
11/15/2010
Ivanhoe Energy Inc. submitted a regulatory application to the government of Alberta for producing bitumen from the Tamarack steam-assisted gravity drainage project in northeast Alberta.The application involves two 20,000 b/d phases for an eventual production of 40,000 b/d of bitumen. Ivanhoe said production from the first phase may start toward yearend 2013, subject to receiving regulatory approvals from the Alberta Energy Resources Conservation Board and Alberta Environment.It expects the regulatory process to require 18-24 months and to commence construction in mid-2012.Tamarack is on a 6,880-acre contiguous block about 10 miles northeast of Fort McMurray. Ivanhoe holds a 100% working i...
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