JACOS
 | A major contributor to this article appears to have a close connection with its subject. (February 2016) |
| Company type | Athabasca |
|---|---|
Key people |
|
| Products | Heavy crude oil Bitumen |
| Website | www |
Japan Canada Oil Sands Limited (JACOS) was an oil sands extraction company. It was the operator of the Hangingstone oil sands project. JACOS was acquired by Greenfire Resources Operating Corporation in 2021.[1]
History
JACOS started oil sands activities in the Athabasca area in 1978 on leases held by
In 1992, JACOS parent company
In 2021, JACOS was acquired by Greenfire Resources Operating Corporation (GROC) which is backed by McIntyre Partners and Griffon Partners.
Operations
The GROC Hangingstone SAGD facilities are located on Lease OSL70, approximately 50 kilometres (31 mi) southwest of Fort McMurray and 25 kilometres (16 mi) west of the community of Anzac. GROC currently operates the Hangingstone Expansion Project as well as the Hangingstone Demonstration Project.
See also
References
- ^ "Greenfire Acquisition Corporation Closes Strategic Acquisition of JACOS and Announces Name Change to Greenfire Resources Operating Corporation". www.businesswire.com. 2021-09-20. Retrieved 2022-02-26.
- ^ "Long focus brings good yield for JACOS!". Alberta Chamber of Resources. Archived from the original on August 11, 2007. Retrieved 2008-03-15.
- ^ a b "Company plans more than 100 oilsands wells". The Vancouver Sun. 2007-04-13. Archived from the original on 2012-11-04. Retrieved 2008-03-15.
- ^ "Japan Canada Oil Sands Ltd. Hangingstone demo project 2005" (PDF). Energy resources conservation board. 2006-03-07. Retrieved 2008-03-13.