New technology aims to extract heavy oil from rocks
BP Exploration reported that encouraging results were obtained in a test of its new technology to extract heavy oil.
BP spokesman Steve Rinehart said:
This is really good news because this is a giant resource, with about 20 billion barrels of oil physically in the reservoir. We think the time is right to go after it.
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Mon, Oct 6, 2008
Post by Melissa Pistilli, Heavy Oil Senior Reporter