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:
“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)
“There is a patent office at the seat of government of the universe, whose managers are as much interested in the dispersion of seeds as anybody at Washington can be, and their operations are infinitely more extensive and regular.”
—Henry David Thoreau (1817–1862)
“A sociosphere of contact, control, persuasion and dissuasion, of exhibitions of inhibitions in massive or homeopathic doses...: this is obscenity. All structures turned inside out and exhibited, all operations rendered visible. In America this goes all the way from the bewildering network of aerial telephone and electric wires ... to the concrete multiplication of all the bodily functions in the home, the litany of ingredients on the tiniest can of food, the exhibition of income or IQ.”
—Jean Baudrillard (b. 1929)