NORTH AMERICA

Indago eyes oil sands

MELBOURNE’S Indago Energy has made its second foray into upstream, acquiring 1450 acres in the Illinois Basin in western Kentucky targeting oil sands in the Upper Mississippian Big Clifty Sandstone.

Heavy oil.

Heavy oil.

More transactions are expected as Indago has been public about its intentions to acquire interests in several upstream oil projects where its unique technology for reducing viscosity and pour point can...

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