Grants and Contributions:

Title:
Gravity Assisted Bitumen Extraction Pilot
Agreement Number:
992266
Agreement Value:
$100,000.00
Agreement Date:
Jul 1, 2022 - Nov 30, 2023
Description:
A process to extract bitumen that is too deep to mine and too shallow for thermal methods. The technology allows access to an unavailable resource without the environmental impacts associated with existing oil sands operations.
Organization:
National Research Council Canada
Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:
Okotoks, Alberta, CA T1S 2H1
Reference Number:
172-2022-2023-Q1-992266
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
719297475
Recipient Type:
For-profit organization
Additional Information:

This agreement has been amended 1 time(s). The total amended value is 20,000 dollars.

Amendment Date
Jun 13, 2023
Recipient's Legal Name:
Drift Resource Technologies Inc.
Federal Riding Name:
Foothills
Federal Riding Number:
48022
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
213118
Amendments: