North West upgrading project approved



    Alberta Environment issues Final Approvals under Environmental Protection
    and Enhancement Act and Water Act

    CALGARY, Feb. 20 /CNW/ - North West Upgrading Inc., a Calgary-based,
privately-owned company building an independent, heavy oil Upgrader in
Alberta's Industrial Heartland, today announced it had received final
regulatory approvals from Alberta Environment, under the Environmental
Protection and Enhancement Act of Alberta, for the construction, operation and
reclamation of the three phases of the North West Upgrader project. North West
also received its license under the Water Act of Alberta to divert water for
process uses. These approvals, together with the Alberta Energy and Utilities
Board Approval No. 10994 granted in September 2007, and municipal approvals
granted by Sturgeon County, largely complete the regulatory requirements
enabling the project to proceed to full implementation.
    "Further to the comprehensive Environmental Impact Assessment reviewed by
Alberta Environment and the Alberta Energy and Utilities Board, these
approvals confirm that the technology and plans being implemented by
North West respect the Government of Alberta's intent to sustainably support
the environment, and social and economic development within Alberta's
heartland region," said Robert Pearce, President of North West Upgrading.
    "We are very pleased to have achieved this important milestone, and we
look forward to funding and completing the Project and adding significant
value to Alberta's tremendous oil sands resource."

    About North West Upgrading

    North West Upgrading Inc. is a Calgary-based, privately-owned company
building an independent, heavy oil upgrader in Alberta's Industrial Heartland.
The Upgrader will significantly increase the economic value of Alberta's
bitumen and heavy oil production by producing light, low sulphur products such
as Ultra Low Sulphur Diesel and diluent. An important element of the Project
is its use of gasification to make hydrogen from the heaviest components of
the bitumen, and its "carbon capture ready" design. A commercial arrangement
to sell carbon dioxide for utilization in Enhanced Oil Recovery, thereby
effectively sequestering the majority of its greenhouse gas emissions, has
been concluded. The Upgrader will have a total processing capacity of 231,000
barrels per day of blended feedstock over three phases. Site preparation has
started and all three phases are expected to be operating by 2016. Please see:
www.northwestupgrading.com.





For further information:

For further information: Editorial contact: Shauna MacDonald for North
West Upgrading, P: (403) 538-5645, C: (403) 585-4570,
smacdonald@brooklinepr.com

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North West Upgrading Inc.

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