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and nearly double the project's cost to $2 billion (Can.). Recently TrueNorth and partner UTS Energy acquired oil sands Lease 8 adjacent to the original leases, 5 and 52, which were acquired in 1998 (OGJ Online, Dec. 20, 2000). All
test Genoil's heavy oil upgrading technology. Synenco has bitumen reserves of about 2 billion bbl at its Athabasca oil sands lease and coal reserves of more than 100 million tonnes on a neighboring lease. Synenco is planning a world-class heavy