Heavy Oil Refinement
The heavy oil resources of the world are double those of conventional light crude oil. Recent technological advancements have made the recovery of heavy oil more efficient and in turn more profitable. The potential for exponential growth in the heavy oil refinement sector is of special interest to Stellar Resources Ltd.
Latest Press Releases|
Stellar Sell remaining interest in Elk Hills Heavy Oil LLC for $1 million
Stellar Announces Planned Acquisition of American Microbial Labs
Stellar provides strategic update and releases information on economics of using ZeroGap technology for upgrading and recovery of heavy oil, stranded oil and transition oil.
Stellar acquires ZeroGap technology
Stellar announces agreement to sell a 1/6 interest in Elk Hills Heavy Oil LLC to Deloro Resources Ltd.
Elk Hills Project
Elk Hills is a 20,000 acre heavy oil prospect in Carbon County, Montana with exceptional potential as a commercial oil reservoir. Two successful test wells establishing a heavy oil reservoir, makes Elk Hills one of the most attractive undeveloped leasehold heavy oil prospects in America.
Four Bear Project
Four Bear is a 6,000 acre heavy oil prospect in Park County, Wyoming with exceptional potential as a commercial oil reservoir. Four Bear Heavy Oil LLC is a wholly owned subsidiary of Stellar. Two of the Four Bear lease blocks have established oil production adjoining them with producing oils wells located within 700ft of offsetting Four Bear drill site locations.