0.03 0.01(14.29%) May 24, 1:22PM EDT
|Alberta Oilsands, Inc.|
350-7th Avenue SW
Calgary, AB T2P 3N9
Canada - Map
Alberta Oilsands Inc., an exploration stage company, engages in the exploration, development, and production of resource properties in Western Canada and Africa. It primarily explores for bitumen. The company holds a 100% working interest in approximately 106 bitumen leases in the Athabasca oil sands region of northeast Alberta. Its principal properties include the 100% owned Clearwater, a two-phase steam assisted gravity drainage bitumen project that covers approximately 32 sections of land located in the southeast of Fort McMurray formation; and the Grand Rapids project, which comprises 18 sections of oil sands leases in Alberta. The company also owns interest in the onshore and offshore basins on the East Africa Rift System. The company was formerly known as Platform Resources Inc. and changed its name to Alberta Oilsands Inc. in June 2007. Alberta Oilsands Inc. was founded in 2003 and is headquartered in Calgary, Canada.