DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**Unjucky** · 10-27-2006, 05:24 PM

Originally posted by Spec
Actually, Alberta's barrel output per day is 1,200,000. That includes conventional oil. I said Oil Sands was about a million a day, which is true.

Give it time asher, that was just a test. When they made the discovery in March 2006 IINM they estimated the possible output per day would be around 400 000. After the test were successful and found out that there were other wells they said a possibility of 750000 a day in the next 20 years. That may have been just to put the shares on fire, but that's what they said on the news.

I'm trying to find a link, will post soon.

Spec. By 2020, the Oil Sands are projected to do 3 million barrels per day...

I sincerely doubt they'd get anywhere near 750,000 in Quebec from conventional wells. That's just them trying to boost their share price to ignorant Quebec investors.

There's a reason this isn't big news, and that's because people out west -- who know Oil -- know better.

10-27-2006, 05:24 PM	#11
Unjucky Join Date Oct 2005 Posts 555 Senior Member	Originally posted by Spec Actually, Alberta's barrel output per day is 1,200,000. That includes conventional oil. I said Oil Sands was about a million a day, which is true. Give it time asher, that was just a test. When they made the discovery in March 2006 IINM they estimated the possible output per day would be around 400 000. After the test were successful and found out that there were other wells they said a possibility of 750000 a day in the next 20 years. That may have been just to put the shares on fire, but that's what they said on the news. I'm trying to find a link, will post soon. Spec. By 2020, the Oil Sands are projected to do 3 million barrels per day... I sincerely doubt they'd get anywhere near 750,000 in Quebec from conventional wells. That's just them trying to boost their share price to ignorant Quebec investors. There's a reason this isn't big news, and that's because people out west -- who know Oil -- know better.
	Quote