BlackRock Ventures Inc, an independent Canadian petroleum company, has spent several years testing steam assisted gravity drainage (SAGD) technology for heavy oil extraction. Now a commercial scale operation (20,000 barrels of oil per day), the Orion EOR Project, has been proposed for northeast Alberta.
North American Oil Sands Corporation is a new Canadian company established to develop oil sands property in the region south of Fort McMurray, Alberta. Matrix has also been retained to manage and compile an Application for Approval and a related Environmental Impact Assessment (EIA) for the total heavy oil development project.
TransCanada PipeLines, one of Canada's leading energy companies, operates natural gas transportation, gathering and processing networks, power generation facilities and chemical plants around the world.