[nanoPost] Novel technology for extracting oil from oil sands more cost effectively

Company Canada

- The company has invented a novel technology for extracting oil from oil sands more cost effectively while addressing a major environmental problem of significant water usage.

- The stable political and economic environment in Canada is very conducive to attracting large investment in oil sand projects. With $125 billion of projects announced by major oil companies, which will triple production to 3 million barrels/day by 2015, we believe it is the right time to introduce innovation.

- Our process is easily retrofittable into exisiting or new plants thereby reducing substantially the commerical risks in this high capital intensity industry.

- We project a 2-3 investment pay-back with >50% ROI over the 25 yr life of an oil sands project. We are seeking funding to construct and operate a pilot plant. The field data will be utilized to develop an independent technical and economic feasibility assessment to attract industrial partners.