Thanks to hjangel from the other board

Below is an excerpt from an article he/she posted followed by a link to the article.

HH

Saskatchewan also has oil shale, a sedimentary rock containing organic matter called kerogen. The kerogen can be chemically converted to synthetic crude oil. Significant deposits can be found in the Pasquia Hills area, near Hudson Bay. Based on research to date these deposits appear to contain a substantial amount of oil shale that is shallow enough to mine.

There has recently been renewed interest in Saskatchewan oil shale and at least 25 new core holes have been drilled in this area over the last several years to better evaluate the extent of the resource. If oil prices stay at their current levels, then a modest technology development program should make this large resource economically viable. This could add about a bn barrels of synthetic crude oil to our reserves

05-09-05
--Dr Laurier L. Schramm is President and CEO of the Saskatchewan Research Council.

Unfortunately for consumers, fortunately for oil and gas companies, the price of oil is no longer at May 2005 levels.

Here's a link to the article.

http://209.85.173.104/search?q=cache...