CALGARY, Sept. 13, 2011 /CNW/ - Optimal Resources Inc ("Optimal") of
Calgary, Alberta announced today that it had completed the initial
phases of field application pilot test of its Enhanced Oil Recovery
(EOR) technology on a previously "depleted" high salinity heavy oil
reservoir near Lloydminster, Alberta with encouraging results. The
technology is under exclusive worldwide license to Optimal from
Quadrise Canada Corporation, is supported by patent applications and
involves the use of a novel, minimal environmental impact EOR solvent
system called E2EOR®.
Mr. Alf Fischer, CEO stated that "We have demonstrated that E2EOR mobilizes and recovers oil from a depleted conventional 12 API heavy
oil reservoir in the Lloydminster area which still contains significant
remaining volumes of in place oil. The field results support the highly
successful laboratory development and results achieved at the Alberta
Innovates Research facilities and the work of our scientific advisory
team. We are optimistic that further development and application of
our E2EOR technology will lead to important increases in recoverable reserves
both in Alberta and internationally."
Optimal plans to progress towards a commercial project in Lloydminster
whilst selectively approaching industry in Canada and internationally
to jointly apply the technology to qualifying mature heavy oil
reservoirs with large remaining in place resources. Research work is
continuing on alternative reservoir applications to expand its
SOURCE Optimal Resources Inc.
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