Japex oilsands pilot project won’t restart

CALGARY — Japan Petroleum Exploration Co. has decided against restarting an oilsands pilot project that was shut last year during the wildfires near Fort McMurray, Alta.

Also known as Japex, the company says it has decided to abandon the development due to low oil prices and the technical risks of reactivating the wells.

The pilot project had been in operation through a subsidiary called Japan Canada Oil Sands Ltd. since 1999 and produced a cumulative total of 35 million barrels of bitumen.

Japan Canada Oil Sands also announced Monday that it has achieved first production from a commercial oilsands project in the same area that has been steaming since April.

The company, which owns 75 per cent of both projects, says its Hangingstone commercial project is producing about 1,000 barrels per day and will gradually ramp up to capacity of 20,000 bpd by the second half of next year.

The projects are 25 per cent owned by Nexen Energy, a subsidiary of China National Offshore Oil Corp. or CNOOC.

Just Posted

Break-in at downtown bistro

Early morning smash and grab in Red Deer

Arrest made in Alberta Energy Regulator break-in

Red Deer RCMP continue to investigate

Red Deer woman raises alarm about BBQ brushes

Beverly Smith’s ended up in an operating room after wire bristle pierced her bowel

Clinton says Dem’s surprise win in Alabama a ‘turning point’ against Trump

VANCOUVER — Hillary Clinton says the Democratic party’s surprise win in Alabama… Continue reading

Playing long game, new NDP leader Singh says of poor byelection showing

OTTAWA — NDP Leader Jagmeet Singh isn’t reading too much into his… Continue reading

WATCH: Red Deer Royals nearing 50 years

The Red Deer Royals are a second family to Elise Bluett. The… Continue reading

Expect cooler temperatures and ‘dusting of snow’ this Christmas

Red Deer recorded a high temperature on Tuesday

Bed shortage means no mental reviews done yet on accused Edmonton attacker

A man accused of attempted murder after a police officer was hit… Continue reading

Update: Police release photo of suspected vehicle involved in fatal

Motorist dies near Ponoka after loose tire collides with vehicle near Ponoka

Notley criticizes MLA who fired staffer after sex harassment complaint

Notley says if Jason Nixon was her house leader he’d be out of a job immediately.

Red Deer needs to find a solution to syringe debris: city manager

City will consider the problem during the 2018 operating budget talks

WestJet Christmas video turns children’s wishes into reality

This year’s annual video took a new spin on the 12 days of Christmas

VIDEO: Replay Red Deer Dec. 10

Watch news highlights from Red Deer and Central Alberta

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month