Company seeks first U.S. oil sands project, in Utah
The Associated Press
Updated: 03/28/2010 11:44:51 AM MDT
Salt Lake City - An energy company with government approvals to launch the first significant U.S. oil sands project is trying to raise money to build a plant in eastern Utah that would turn out 2,000 barrels of oil a day.
Earth Energy Resources Inc. has a state lease to work a 62-acre pit in Uintah County, where it has demonstrated technology that can extract oil out of sands using a proprietary solvent it calls environmentally friendly.