Imperial Oil files regulatory application for expansion of Cold Lake

Imperial Oil files regulatory application for expansion of Cold Lake

The proposed Cold Lake expansion project will use solvent-assisted, steam-assisted gravity drainage (SA-SAGD) technology to extract bitumen from the Grand Rapids formation. The project is expected to produce about 50,000 bbl/day once operational. The company notes construction could start as early as 2019 with production commencing in 2022.

The Cold Lake expansion is one of several in-situ opportunities Imperial is currently evaluating. Other projects include the Aspen, Corner and Clyden leases in northeast Alberta.

Alberta's unemployment rate climbs to 7.9% and spreads to the maritimes

Alberta's unemployment rate climbs to 7.9% and spreads to the maritimes

Ontario first nations group wins the right to appeal Enbridge's Line 9

Ontario first nations group wins the right to appeal Enbridge's Line 9

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