Oil and Gas in Canada

Canada 101

World's second largest country with 9.97 million square km land and 34.3 million population.
World's second largest oil reserves after Saudi Arabia (according to USGS) .
By far, world's largest oil resources.
Largest oil exporter to the USA.
One of the world's largest suppliers of agricultural products, particularly of wheat and other grains.
The world's 9th largest economy and a member of the OECD and G8.
Logging and Oil industries are Canada's most important sectors.
One of the best countries in the world for investment.

Canada's Oil Sands

Majority of Canada's oil reserves are located in Alberta.
There are three main oil sands regions in Alberta: Athabasca, Peace River, and Cold lake.
Alberta has the largest oil deposit is the world.
Canada's Heavy and Super Heavy Oil
Over 90% of the remaining Canadian oil reserves are Heavy or Supper Heavy Oil known as Bitumen.
Bitumen development requires sophisticated technologies.

Alberta's Oil Resources

Alberta has the largest oil resources* in the world
The oil resources are conventional oil, heavy oil and bitumen deposits.
* Resources are known quantities of petroleum or the quantities of petroleum estimated to be deposited at a given point in time.
Canadian Oil Reserves
Canada has 14% of World Proven Oil Reserves*

* Proven reserves: are those reserves claimed to have a reasonable certainty (normally at least 90% confidence) of being recoverable under existing economic and political conditions, with existing technology.

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