Telephone Lake (formerly Borealis), located in northern Alberta about 90 kilometres northeast of Fort McMurray, is one of our emerging oil sands projects. The project is expected to have an initial production capacity of 90,000 barrels per day and an operational life of approximately 40 years.
The Telephone Lake reservoir has a layer of groundwater above the oil that’s not suitable for human consumption without treatment. In order for our oil recovery process to be efficient we must first move this water, through a process called dewatering.
The Alberta Energy Regulator approved the project in November 2014.