Areas of Operation

Specific regions of Alberta, Saskatchewan, and British Columbia have been selected as the primary geographic areas of interest because they are an excellent fit for the company’s experienced team of geologists and geophysicists, who will use their extensive experience in these regions to identify optimal heavy oil bearing reservoirs. These same areas also align closely with the benefits offered by the heavy oil optimization technology that has been selected. By maximizing and optimizing production, and reducing operating costs through automation, the company will deliver enhanced cash flow and wellhead net back.

A number of fields of specific interest have already been identified in the Peace River, Cold Lake, and Heavy Oil Belt regions. The Cold Lake region is of particular interest, due to year-round drilling, close proximity to required infrastructure, and lower transportation costs. The Canadian Oil Sands regions that Imola is planning on exploiting are outlined in the attached map.