This is a recovery method wherein steam and condensed water heat the oil in the reservoir, allowing the heated bitumen to flow into the well bore and be pumped to the surface. The use of this process could increase recovery of oil in place to 30% from 5 to 7% predicted for cold-flow production, dramatically enhancing project economics.
We fully intend to pursue all avenues to unlock the potential of primary production in Cadotte West. Cold-flow production is the obvious lower cost choice, compared to any steam-assisted program, which could have oil flowing and generating revenue in the very near term. Revenue generated from primary stage production could easily be used to fund the more expensive steam assisted secondary production on all our properties.
I'll keep you posted on our progress towards this near term initiative.
President, Strata Oil
AS I SAID: WE HAVE FOUND THE OIL, WE ALSO FOUND an attractive COLD-FLOW Opportunity as all the Billion Dollar Neighbors have taken advantage of, SO WILL WE! Load the truck and tell your friends that desire to find a solid company to grow with!
You bet! I LOVE how this is forming and coming together. YES-it would be nice to have $10 Million in an account all ready to drill several wells, but we will get there without giving the farm away. THIS asset is a MONSTER in Size and Potential. The TeamStrata will make it happen. WE GET COLD-FLOW started, the values of this company LEAP FORWARD in the same fashion our neighbors did many years ago.