Operations

Development of our assets located in the Peace River Oil Sands and Saskatchewan's heavy oil belt began in 2006 with our three well-pair Conklin demonstration project.

Following Conklin, a second demonstration project, Kerrobert, was constructed in 2009 and has now being expanded into a 7,200 bopd capacity full field development. Subsequent to the Kerrobert expansion, the Conklin facility was divested in early 2012.

After Kerrobert, our focus will shift to our Dawson property. We plan to submit a regulatory application for a full field development of our Dawson property in the second half of 2012.