FluidOil & Steam Oil Cooperation Agreement

The Steam Oil Production Company (“Steam Oil”) is pleased to announce that it has entered into a cooperation agreement with FluidOil, the independent international heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (“VHTL”) oil upgrading technology into an offshore steam flooding project.

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Steam Oil Presentation at DEVEX 2015

Steve Brown, CEO of The Steam Oil Production Company Ltd, presented the company's evaluation of the feasibility of implementing Europe's first offshore steam flood on the Pilot field at the DEVEX 2015 conference in Aberdeen in the closing session on the 21st May 2105. The presentation addressed head on the conventional wisdom that offshore steam flooding is not feasible due to excessive heat losses, and went on to show the potential for an incremental two billion bbls of recoverable oil from already discovered fields on the UKCS

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The Steam Oil Production Company Ltd launches its website.

We formed this company to participate in the 28th Licensing round and we were delighted to be offered the block we applied for. But we are only just beginning our story, and we felt that we should start with a website, so that our potential partners, suppliers and contractors can learn more about us and indeed tell their friends and colleagues about The Steam Oil Production Company Ltd.

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28th UKCS Seaward Licensing Round

On the 6th of November the UK Government announced the results of the 28th Seaward Licensing Round. The Steam Oil Production Company had applied for two blocks 21/27a and 28/2a. We were delighted to learn that we are to be offered these blocks and look forward to working with DECC and industry partners to create a viable development plan for the Pilot and Harbour discoveries.

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