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Centor Energy Inc. is developing its world class oil shale resources in Pasquia Hills, Saskatchewan. The development plan is a comprehensive strategy which include the engagement of Hatch Consulting (an industry leader in oil shale engineering) to perform a technical and economic feasibility study (which is currently underway), Chapman Engineering to perform a contingent resource report (which is now completed) and has chosen the Alberta Taciuk Process (ATP; known also as the AOSTRA Taciuk process) as the proven technology for extracting oil from the oil shale resources.
Once a technical and economic feasibility study is complete, Centor Energy may undertake a joint venture process to attract industry partners for commercial development of the project.
There are 2.5 to 3 trillion barrels of proven resources of oil shale throughout the world equivalent to two times the total world conventional oil reserves.
Centor’s vision is "Crossing Energy Frontiers". It guides our long-term strategy as an upstream-oriented and technology-based energy company.
It’s no longer just about doing business responsibly - it’s about seeing social and sustainability challenges as an opportunity for innovation development.
Centor Energy Inc will spend first half of 2014 engaged in proving up its reserves and the completion HATCH Engineering's feasibility report.
WINTERPARK, Fla., Jan. 3, 2014 — Centor, Inc. (OTCBB:CNTO) is pleased to announce the appointment of C.W. (Charlie) Chapman to the Company Advisory Board and the launch of a new corporate website: www.centorenergyinc.com. Mr. Chapman is a professional engineer with over 40 years of broad experience, knowledge and relationship contacts in the petroleum and gas […]
WINTERPARK, Fla., Dec. 18, 2013 (GLOBE NEWSWIRE) — Centor, Inc. (CNTO) is pleased to announce that it has completed a Sale and Purchase Agreement to acquire 55% working interest in an oil shale resource with over 1.1 Billion barrels of recoverable oil in the Pasquia Hill region of east central Saskatchewan, Canada. The oil shale […]
WINTERPARK, Fla., Dec. 13, 2013 (GLOBE NEWSWIRE) — Centor, Inc. (CNTO) is pleased to announce the appointment of James Michael Sullivan, BBA, CFA as President and Chief Executive Officer of Centor. Mr. Sullivan will also remain a director of the Company. Mr.Sullivans appointment follows the resignation of Mr.Bradley Wilson as President and Director of Centor. […]
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