Deloro is an emerging Junior Oil Company poised to grow by aggressive and focused development of its core project, the Deloro/Electro-Petroleum joint venture located in the Heavy Oil corridor near the town of Wilkie, Saskatchewan. The Heavy Oil Corridor includes significant resources that are too deep for surface mining and steam assisted gravity drainage (SAGD). By utilizing the Electro-Petroleum (EPI) the joint venture will be able to access the areas not addressed by other Heavy Oil recovery processes and have several advantages over competing technologies:
• Breakthrough technology for heavy oil recovery using direct current electricity
• Demonstrated ten-fold increase in production in field tests
• More cost effective and less capital intensive than other secondary recovery processes
• Ability to access oil heavy oil reserves where other technologies cannot
• Has no depth limitations. Steam-based methods are effective up to approximately 2,500 feet while over 50% of US heavy oil reserves are below 2,500 feet
• Energy costs of less than $4 per barrel produced and lower capital costs than steaming
• Need no water supply and does not use a working fluid
• Produces no greenhouse gases
• Heat is generated directly in the reservoir rather than at the surface
• Depends upon resistivity, not permeability and increases apparent permeability
• No "thief zones"
• Ability to add capital/infrastructure incrementally
• Electrokinetics influence produced fluid and flow
Deloro's projects are located in Wilkie and Kindersley Saskatchewan.
