US Oil Sands Inc. has announced that an agreement has been reached with service providers in order to “reinitiate” work on the PR Spring Project in the Uintah Basin. “We are pleased that the Company continues to have the support of the contractors who have diligently contributed to the construction and commissioning of the Project,” shares CEO Cameron Todd. “…We can now look forward to completing commissioning procedures, beginning operations, and achieving our goal of making first-oil early in 2017 and profitably demonstrating the Company’s commercial technology.” Commissioning of the PR Spring project recommenced in early February as employees and contractors were brought back on site as a safe return-to-operations is underway. The Company expects to initiate start-up operations over the next two months.
