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Alberta okays Solv-Ex project. (Solv-Ex Corp.)
Albuquerque, N.M.-based Solv-Ex Corp. has the formal go-ahead to begin its first-stage project to produce 14,000 b/d of bitumen, with subsequent co-production of minerals, from its Bitumount oil sands lease in northern Alberta.
Alberta Energy and Utilities Board approval was the first to be issued for a grass-roots oil sands plant under the relatively new provincial environmental laws and permitting regulations, says Solv-Ex.
The Bitumount lease, …
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