Exploration & Production | Oil Sands | Oil Sands Projects | SAGD
Deep Well O&G Plans First Bitumen in July at Sawn Lake
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Deep Well Oil & Gas, Inc. has announced the following operations update on its joint projects located in Sawn Lake, Alberta.
Since entering into a Farmout Agreement in late July of 2013 with MP West Canada SAS, a subsidiary beneficially owned 1/3 by Maurel et Prom and 2/3 by MPI Energy, two listed companies based in Paris, France, and after entering into a steam assisted gravity drainage demonstration project with our joint venture partners we can report that Phase 1 of this project is nearing completion.
Final construction of the SAGD facility is currently being completed and steam injection at Sawn Lake is scheduled for the end of April 2014. Once construction and initial testing is completed the Bluesky oil sands reservoir will be steamed for approximately three months, after which…
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