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Osum Cold Lake Commercial SAGD Application Planned by Year End

By Elsie Ross, Daily Oil Bulletin, June 18, 2009

Junior oilsands developer Osum Oil Sands Corp. plans to submit a commercial application by the end of this year for its proposed 35,000 bbl per day SAGD (steam assisted gravity drainage) Taiga project at Cold Lake. 

"We do not need to pilot; we are going right to a commercial application because of the fact it is such a proven area," Richard Todd, chairman and chief executive officer, said Wednesday in a presentation ...

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