COSIA Innovation Summit
Event Date: Tuesday, March 21, 2017
Location: Markin MacPhail Centre, WinSport (COP), Calgary, AB, Canada
Radio Frequency (RF) Heating: Revolutionizing Heavy Oil & Bitumen Production
Join Acceleware for this presentation about how the efficiency and simplicity of RF Heating results in significant GHG reductions while reducing the cost of oil sands production.
Acceleware’s patent pending RF XL technology is an enhanced oil recovery (EOR) technology that uses radio waves (a form of electromagnetic heating) instead of steam, driving down the cost of oil sands and heavy oil production and significantly reducing its environmental impact. It requires less energy to operate when compared to SAGD, uses no solvents, and requires no additional water.
Acceleware's Energy Commitment:
- Dramatically improve production economics
- Allow access to vast unproven oil reserves
- Solve environmental problems
This presentation will provide an overview of the technology and it's economic and environmental impact.
VP Commercialization, RF Heating
Mike is an accomplished executive with over 25 years of international experience building high-growth, disruptive and innovative businesses in the energy, utilities, telecommunications and technology sectors. Mike started his career in the oil and gas industry before pivoting to technology, where he worked on the development and deployment of several diverse and ground-breaking technologies. In 2013, he joined Acceleware after being attracted by the vast potential of its radio frequency (RF) heating systems for oil sands and heavy oil production. Mike’s unique aptitude for navigating the barriers associated with business growth coupled with a respect for both the energy industry and its political realities, makes him well-suited to spearhead the process of commercializing Acceleware’s RF heating technology. He holds a Masters of Business Administration from the University of Calgary and a Bachelor of Commerce in Finance from the University of British Columbia.