Operations
Red Leaf Resources controls oil shale leases covering about 17,000 acres (69 km2) on State of Utah School and Institutional Trust Lands in Seep Ridge, Utah. The acreage represents about 1.1 billion barrels (170 million cubic metres) of shale oil. The company plans to start building a Uinta Basin mine and shale oil plant in 2013 and start production by 2014 if its permit is approved.
In 2011, Red Leaf Resources signed a licence agreement with TomCo Energy allowing the latter to use the EcoShale technology for developing the Holliday block in Utah.
In 2012, Red Leaf Resources formed a joint venture with Total S.A. to launch commercial scale production of 9,800 barrels per day (1,560 m3/d), utilizing the EcoShale In-Capsule process on oil shale leaseholds in Utah's Uintah Basin.
Read more about this topic: Red Leaf Resources
Famous quotes containing the word operations:
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)
“It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
—Henry David Thoreau (1817–1862)
“Plot, rules, nor even poetry, are not half so great beauties in tragedy or comedy as a just imitation of nature, of character, of the passions and their operations in diversified situations.”
—Horace Walpole (1717–1797)