Oh sweet Alberta

With the incredible rise in the price of oil unconventional deposits are coming into favor. 30 years ago people thought it not possible to squeeze oil out of the Alberta tar sands, today over 1 million barrels a day are being produced here, with dramatic production increase expected in the coming few years. With increasing investment focus on the oil sands, juniors should soon come into favor with the markets.

Alberta Oil Sands Inc. (V.AOS) AOS has three major property interests in the oil sands, Fort McMurray, Hangingstone East, and Hangingstone West. Fort McMurray property consists of 28 sections, with a total resource assesment at 2.8 billion barrels. Hangingstone East property consists of 38.5 sections, with a total resource assesment at 1.15 billion barrels. Hangingstone West property consists of 51 sections, with a total resource assesment of 807 million barrels. This is a total of 4.757 billion possible barrels of oil. Now the recoverable barrels are much smaller numbers at this time, but regardless of this, the price of oil is not going to see a drop in price anytime soon, making AOS's properties more valuable by the day. With advancing technology, and diminishing conventional reserves, juniors like AOS will have their day in the sun, maybe even sooner then you might think.

AOS's Fort McMurray project is situated right in the middle of companies such as Imperial Oil, Talisman, and Encana, and their other properties border Petro Canada. With increased interest in the possible trillion barrel deposit in Alberta, it is only a matter of time before oil juniors like AOS sitting on prime land, become a serious investment oppurtunity. Watch out for this company, fun is just getting started in Alberta.