Sunshine Oilsands Ltd., reported that the Muskwa Primary Recovery Scheme Application # 1624506 has been approved by the ERCB. The press release is quoted as saying: The Company’s initial development plans include a conventional heavy oil project and exploitation of its SAGD cretaceous sandstone land areas. Sunshine’s initial adjudicated resource report, which was based on [...]
Continue reading "Sunshine Oilsands update"
Wednesday, January 13, 2010
Sunshine Oilsands Ltd., announced that in December, 2009, the Company closed a non-brokered financing of 333,433 Flow-Through Common Shares at a price of $6.00 per share for gross proceeds of $2,000,598. The press release is quoted as saying: Sunshine Oilsands Ltd. is a Calgary based company engaged in the development of its significant holdings (1 [...]
Continue reading "Sunshine Oilsands Secures Over $37 Million in Equity"
Thursday, December 3, 2009
Sunshine Oilsands Ltd.,today announced that the Sunshine Harper Carbonate Pilot Application # 1587764 has been approved by the ERCB. The press release is quoted as saying: Sunshine Oilsands Ltd. is a Calgary based company engaged in the development of its significant holdings (1 million acres) of in-situ oil sands deposits in the Athabasca region.The Company’s [...]
Continue reading "Sunshine Oilsands pilot approved ERCB"
Wednesday, November 25, 2009
Industrial Info Resources reports that Sunshine Oilsands Limited has slightly more than 1 million acres of land holdings in the Alberta oil sands patch. The press release is quoted as saying: The diverse project portfolio consists of prospective conventional heavy oil targets, cretaceous sandstones applicable to thermal recovery methods, as well as carbonate bitumen resources. [...]
Continue reading "Industrial Info Resource’s report on Sunshine Oilsands"
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Monday, January 18, 2010