Bounty has assembled 172 sections of oilsands leases in 3 large land blocks north of Fort McMurray and west of UTS’s multi-billion barrel oilsands mining projects.
Existing coreholes and local geology indicate rich McMurray bitumen deposits capable of supporting a series of large SAGD projects on our lands.
Project economics are positively uplifted by depths of approximately 450 metres which allow for higher steam pressures and temperatures.
Mapping and a technical presentation is available upon signing a confidentiality agreement.