Acceleware | Kisâstwêw
Acceleware | Kisâstwêw is a partnership created by Acceleware and the Saa Dene Group.
Acceleware | Kisâstwêw will work to raise the profile of RF XL, and its potential to improve the environmental and economic performance of the heavy oil and oil sands sector by ensuring that the technology supports ideals that are important to Indigenous peoples, including respect for land, water, and clean air. The Partnership will also work to secure funding for ongoing development and commercialization of Acceleware’s clean tech innovations, and will seek out export opportunities for Acceleware technologies and services.
The two partners will work together to drive the commercialization and adoption of Acceleware technologies, including RF XL. Acceleware’s culture of innovation is a match with Saa Dene Group’s deep experience, contacts within the Canadian energy industry, and desire for responsible growth.
The Saa Dene Group was established in 2020 by Jim Boucher and Jauvonne Kitto and comprises seven organizations including Acceleware | Kisâstwêw.
Jim Boucher has been and continues to be one of the most influential and successful Indigenous global leaders. First elected as Chief of Fort McKay First Nation in 1986, Jim Boucher served his community as the Chief for over 30 years. During his term, Fort McKay First Nation and its companies have grown to be one of the most successful First Nations success stories in Canada. Jim’s visionary leadership and gift for building collaborative relationships have been celebrated through a variety of awards. He received the Alberta Order of Excellence (2020), Canadian Energy Person of the Year (2018) and an Indspire (formerly National Aboriginal Achievement) Award (2008).
Acceleware is an innovator of clean-tech oil and gas technologies comprised of two business units: Radio Frequency (RF) Enhanced Oil Recovery and Seismic Imaging Software.
RF XL is Acceleware’s patented and patent-pending low-cost, low-carbon production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today. Acceleware's vision is that electrification of heavy oil and oil sands production can be made possible through RF XL, supporting a transition to much cleaner energy production that can quickly bend the emissions curve downward. Further, Acceleware’s RF XL technology could be a key component of an end-to-end integrated carbon management system that can eliminate greenhouse gas (GHG) emissions associated with heavy oil and oil sands production, whether for fossil fuels, or for future clean bitumen by-products such as petrochemicals, carbon fibre, and blue or green hydrogen production. RF XL uses no water, requires no solvent, has a small physical footprint, can be redeployed from site to site, and can be applied to a multitude of reservoir types. In shallow oil sands implementations, no tailings ponds will be required.
The Company’s seismic imaging software solutions are state-of-the-art for high fidelity imaging, providing the most accurate and advanced imaging available for oil exploration in complex geologies. Acceleware is a public company listed on Canada’s TSX Venture Exchange under the trading symbol “AXE”.
RF XL – Accelerating the transition to a clean and prosperous energy future.
Technological advancements are making possible the electrification of production methods for Canada’s petroleum resources, especially heavy oil and oil sands. This means that we can stop burning fossil fuels to produce fossil fuels, essentially enabling the use of green electricity to produce them – a critical step toward a clean energy transition.
But RF XL can do much more than produce clean oil.
As the world moves towards a clean energy future, we believe that RF XL could play a key role in reducing or eliminating GHG emissions, as well as making big reductions in fresh water and land use. RF XL does all of this without the use of injected solvents.
RF XL – Radio Frequency Heating That Works
For years, companies have seen great value potential in harnessing radio frequency (RF) heating to produce oil sands and heavy oil. Past technological limitations, however, prevented RF heating from being successfully developed and commercialized.
Things have certainly changed.
RF XL is a transformative RF heating technology that uses Silicon Carbide (SiC) generators, requires no dipole antennae, and has been proven in our 1/20 scale field test. In fact, Acceleware believes that we can now produce heavy oil and oil sands much more effectively and at much lower cost than SAGD.