The PR didn't say much about what AOS would be contributing to the developement of the property. Apart from bringing the leases I wonder what else they will be bringing to the party. Not much news on them.

http://www.aboilsands.ca/index.html

here is their web site for those who wish to check them out. I am assuming that Hangingstone is north of POD 1 so believe that maybe this is a few years away. Makes one wonder about what CLL has to develope after ALGAR.....considering the following statement...

The agreement provides for the joint operatorship during the initial two years of the evaluation program, with Connacher the designated operator of any subsequent evaluation program(s) and of any identifiable development program(s) which may occur. The area is amenable to the application of steam assisted gravity drainage technology ("SAGD") should developable prospects be identified."

What do others think of this strategy????? I noticed some minor Insider buying at AOS in January.