Overview

Osum is a privately held, Alberta based company focused on the application of in situ technologies to the oil sands and carbonates.

Osum is one of a handful of companies that make quality oil sands directly accessible to private investment capital. Osum has been assigned 2P Reserves of 359 million barrels and Best Estimate Contingent Recoverable Resources of 3.46 billion barrels (GLJ, July 2011). The Company has raised over $1 billion to date, and its family of shareholders includes sophisticated equity providers Warburg Pincus, Blackstone Capital Partners, Korea Investment Corporation, KERN Partners, Government of Singapore Investment Corporation, BlackRock Financial Management, Goldman Sachs, and Camcor Partners.

Osum's projects are concentrated in two geographical areas:

The company's strategy involves a disciplined approach to ensure only quality resources are acquired, an emphasis on building a phenomenal team, and leveraging assets to balance risk and return.

Osum's mission is to unlock Canada's unrealized bitumen resource potential.