Grizzly Oil Sands

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605 5 Ave SW # 2700
Calgary, AB T2P 3H5
+1 (403) 457-2890
http://www.grizzlyoilsands.com

Grizzly Oil Sands ULC is a full-cycle in situ oil sands project developer based in Calgary, Alberta, focused on advancing the SAGD recovery model through innovative facility design and phased development. The company boasts a substantial asset base with approximately 3.4 billion barrels of proved and probable reserves and contingent resources, encompassing three key properties currently in various stages of development.

Phase 1 of the Algar Lake project is ramping up production, while Grizzly's May River and Thickwood projects are undergoing the regulatory approval process. The company aims to increase production to up to 150,000 barrels per day within the next decade, with plans for sustained growth potential thereafter.

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