Congratulations to SRC's EOR and In-Situ Processes team who received funding from Innovation Saskatchewan for their Direct Steam Generation project, which involves working with industry partners to validate the use of direct contact steam for enhanced oil recovery in Saskatchewan's Viking formation.
This funding is part of the Government of Saskatchewan's multi-year, $1.2 million investment in six Saskatchewan innovators through the Saskatchewan Advantage Innovation Fund (SAIF) and Agtech Growth Fund (AGF). SAIF supports commercialization of game-changing technological innovations in the province's core economic sectors, while AGF operates in parallel as a research and development funding program designed to accelerate the commercialization of game-changing technological innovations in the province's agricultural sector.
Read the news release on the Government of Saskatchewan website.