DesertFox
06-12-2008, 09:21 PM
Petroleo Brasileiro SA, Mitsui & Co. and Oil Shale Exploration Co. may produce shale oil in Utah for $45 to $50 a barrel as early as 2013, said Demarco Epifanio, the Petrobras executive responsible for the project.
A viability study for the project will take a year and, if positive, the companies will build a shale-oil plant in Utah in 2010 and start production between 2013 and 2015, Epifanio said Wednesday in an interview.
More (http://www.deseretnews.com/article/1,5143,700233889,00.html)
A viability study for the project will take a year and, if positive, the companies will build a shale-oil plant in Utah in 2010 and start production between 2013 and 2015, Epifanio said Wednesday in an interview.
More (http://www.deseretnews.com/article/1,5143,700233889,00.html)