Our first project, Algar Lake SAGD project, is located 40 km southwest of Ft. McMurray. Construction is underway and it is expected that this project will be operational in 2013.
In addition, Grizzly has identified Thickwood, West Ells, Silvertip and Kodiak as near term development projects, which, in aggregate, have the potential to produce 60,000 to 70,000 barrels per day of bitumen.