ALBERTA JOINS SHELL OILSANDS PROJECT

Alberta Oil Sands Technology and Research Authority (Aostra) has agreed with Shell Canada Ltd. to share the costs of a project to recover oil from oilsands near Peace River, Alta. Under the agreement, provincially owned Aostra will contribute 50% of the costs, to as much as $6.5 million (Canadian), to develop oilsands at Shell's Peace River plant using steam assisted gravity drainage techniques developed at Aostra's underground test site in northern Alberta (OGJ, Aug. 31, p. 26).

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