E-T Energy is a private, Calgary-based company focused on bitumen extraction from the oil sands through the use of its proprietary, highly economic and environmentally friendly ET-DSP™ process.

How ET-DSP™ Addresses Oil Sands Project Development Challenges

Introducing ET-DSP™ (3 minutes and 56 seconds)

E-T Energy Highlights

• ET-DSP™ is a proven extraction process that has been used extensively across 35 commercial environmental remediation projects since 1994
• Break-through environmentally friendly approach to oil sands extraction
• Significantly compressed time frame from construction initiation to production, cash flow and complete recovery
• Considerably lower capital and operating costs versus other extraction processes
• Strong project economics (netbacks and IRRs) even in today's currently depressed commodity price environment
• Enables recovery of large portion of Canada's oil sands previously not considered exploitable
• McDaniel, a leading independent petroleum engineer, has recognized Economic Contingent Resources using ET-DSP™
• Initial 100% owned 10,000 bbl/d project at Poplar Creek to start-up in 2011, with planned expansion to 110,000 bbl/d by 2014
• Strategic location just outside of Fort McMurray with convenient access to labour and key infrastructure
• Strong management team, led by Dr. Bruce McGee, and experienced Board of Directors