Tag: Osum

Osum closes royalty sale to fund oil sands expansion

Expansion expected to add 1,500 barrels per day of production Osum Oil Sands Corp., a private oil sands company, announced it has approved the commencement of the Phase 2B expansion at its Orion Thermal Project, according to a press release. In conjunction with this, Osum, through its wholly-owned subsidiary, Osum Production Corp., sold a 4 […]