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From the undeveloped resource to refinery feedstock, the Value Creation Group adds value across the full value chain in oil sands development.
VCI owns one of the largest holdings of oil sands properties wholly owned by an independent Canadian company; its leases cover some 430 square miles (over 110,000 hectares). The company also owns proprietary upgrading technologies that are expected to provide the industry’s lowest cost upgrading of bitumen to refinery-ready light crudes. An affiliate of VCI, BA Energy Inc., is constructing a major, merchant bitumen upgrader that will commercially prove the breakthrough upgrading technologies. VCI is moving forward with its first oil sands production project on its Terre de Grace block. Its Terre de Grace Project represents an innovative, synergistic integration of the Value Creation Group’s proprietary upgrading technologies with thermal bitumen recovery, leading to exceptional technical cost advantages and higher economic bitumen recovery.
• To view a map of VCI's oil sands leases, click here.
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