Quick Asked: Osum Oil Sands Corp Contact Us?

Last update: 31 Mar, 2024 117 Views

Who is osum oil sands? Established in Alberta in 2005, Osum Oil Sands Corp. is a private oil sands producer focused on the responsible application of in situ recovery technologies within Canada's oil sands and carbonates. Additional information on the Company is available at osumcorp.com.

Will osum make a superior offer to waterous energy fund? CALGARY, AB, Feb. 15, 2021 /CNW/ - Osum Oil Sands Corp. ("Osum" or the "Company") wishes to advise shareholders that its special committee of independent directors (the "Special Committee") is currently in discussions that could lead to a superior offer to the current takeover bid of $2.40 per share by Waterous Energy Fund (the "WEF Offer").

Who are the financial advisors to the osum special committee? Osum has retained TD Securities Inc. and RBC Dominion Securities Inc. as its financial advisors, and McCarthy Tétrault LLP as legal counsel to Osum and the Osum Board and Norton Rose Fulbright Canada LLP as legal counsel to the Special Committee.

How many barrels of water does osum produce? While numbers only tell part of the story, at Osum we proudly point to the fact that over a three year period we nearly tripled production at the Orion Project to approximately 20,000 barrels per day and at the same time reduced our greenhouse gas emissions intensity by more than 20% and increased our produced water recycle rate to almost 90%.

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