ERCB hikes bitumen estimate
June 4th, 2010Energy Resources Conservation Board hikes Bitumen Estimate. Alberta may hold 1.5 trillion barrels.....A re-evaluation of emerging oilsands areas and advances in production technology have pushed Alberta's bitumen resources toward 1.5 Trillion barrels in 2009, according to a report by the Energy Resources Conservation Board.
According to the ERCB's annual reserve report, which will be offic ...