Taiga Project featured in Bonnyville Nouvelle

Patience is a virtue in all aspects of life and most certainly when you’re a burgeoning new company hoping to become a key player in Alberta’s thriving oil and gas industry.

Top brass with Osum Oilsands Corp. have been nothing but patient as they anxiously await final approval from the province’s Energy Resources Conservation Board (ERCB) to begin construction on its Taiga Cold Lake Project.
“We’re anxious and ready to go,” said Rick Walsh, Osum’s vice-president of project development. “We’re waiting for the final approval from provincial regulatory bodies … and we’re quite excited.”
Having fully delineated the leases for commercial requirements, completed comprehensive geo-statistical modelling and analysis, followed all procedures in submitting a detailed environmental impact assessment, filed official applications with provincial regulators, advanced subsurface optimization to an advanced level and completed front end engineering and design, the Taiga project is ready to proceed to the construction phase, said Walsh.

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Recent News

  1. Waterous Energy Fund announces the final step of its acquisition of Osum Oil Sands Corp; shareholder meeting to be held April 30, 2021 to approve the transaction

  2. Waterous Energy Fund Announces Successful Take-Over Bid for Osum Oil Sands Corp., Commencement of Mandatory 10-Day Tender Extension Period, and Voluntary Resignation of Osum Directors and Officers

  3. Osum Board Withdraws its Recommendation that Shareholders Reject the Offer from Waterous Energy Fund

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