Acceleware Ltd. Announces Commercial-Scale Test of Innovative RF XL Technology with Prosper Petroleum

Calgary, AB, Canada – July 17, 2018 – Acceleware Ltd. (TSX-V:AXE) (“Acceleware” or “the Company”) announced today that it has entered into a commercial test agreement (the “Agreement”) with Prosper Petroleum Ltd. (“Prosper”) to perform a commercial-scale test (the “Test”) of Acceleware’s RF XL radio frequency heating technology. The Test will commence immediately at...

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AER Approves Prosper Petroleum’s Rigel SAGD Project

Prosper Petroleum Ltd. is pleased to have received the Decision Report (2018 ABAER 005) from the Alberta Energy Regulator (AER) concerning the Rigel Project. Prosper is a private upstream oil and gas company headquartered in Calgary Alberta.  The company has land holdings in Alberta and Saskatchewan and is mainly focused on heavy oil and oil sands.  The company owns...

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Prosper Rigel Correction

The evidentiary portion of the Alberta Energy Regulatorhearing on applications for Prosper Petroleum Ltd.’s proposed Rigel SAGD oilsands project northwest of Fort McMurray is scheduled to continue until Jan. 19, 2018. The hearing will reconvene for final arguments at a later date and the hearing panel will release its decision on the project applications within 90 days...

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AER Hearing Underway On Rigel Oilsands Project

The Alberta Energy Regulator is expected to release a decision within six months on privately-held Prosper Petroleum Ltd.’s Rigel oilsands project following a public hearing, which was expected to conclude today, says the company. First production on Prosper’s flagship project is anticipated in 2020 from the 10,000 bbl/d bitumen SAGD project, 100 kilometres northwest of...

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Rescheduled Public Hearing On Prosper Petroleum SAGD Project Set For Jan. 9

JAN. 5, 2018 – VIEW ISSUE The Alberta Energy Regulator (AER) will hold a public hearing Jan. 9, 2018, on applications from Prosper Petroleum Ltd. associated with the construction and operation of a steam-assisted gravity drainage oilsands project about 64 kilometres northwest of Fort McKay. The hearing, to begin at 9 a.m. at Shell Place on MacDonald Island, had been...

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AER To Hold Public Hearing On Rigel Project

OCT. 5, 2017 – VIEW ISSUE The Alberta Energy Regulator (AER) will hold a public hearing for Prosper Petroleum Limited’s Rigel oilsands project, a proposed bitumen recovery scheme that would use SAGD to produce a maximum of 10,000 bbls of bitumen per day from the Wabiskaw Member. The bitumen would be recovered from Prosper’s leases in Sections 20 and 21 of Township 96,...

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