CALGARY,
Dec. 7, 2012 /CNW/ - US Oil Sands
Inc. ("US Oil Sands" or the "Company") (TSXV: USO)
today announced that it will present at the Canadian Association of
Petroleum Producers 2012 Investment Symposium, being held in
Toronto, Ontario, December 10 - 12, 2012. Cameron Todd, Chief Executive Officer and
Glen Snarr, President and Chief
Financial Officer will present at the following times:
Monday - December 10 at
11:30 AM - 11:55 AM (EST)
Tuesday - December 11 at
3:00 PM - 3:25 PM (EST)
Wednesday - December 12 at
2:00 PM - 2:25 PM (EST)
To listen and view the webcast, please visit:
http://www.capp.ca/aboutUs/events/CAPPOilGasSymposium/Pages/default.aspx.
Presentation slides will be available at the symposium or on US Oil
Sands' website at www.usoilsandsinc.com.
The Canadian Association of Petroleum Producers (CAPP)
represents companies, large and small, that explore for, develop
and produce natural gas and crude oil throughout Canada. CAPP's member companies produce about
90 per cent of Canada's natural
gas and crude oil. CAPP's associate members provide a wide range of
services that support the upstream crude oil and natural gas
industry. Together CAPP's members and associate members are an
important part of a national industry with revenues of about
$100 billion a year. CAPP's mission
is to enhance the economic sustainability of the Canadian upstream
petroleum industry in a safe and environmentally and socially
responsible manner, through constructive engagement and
communication with governments, the public and stakeholders in the
communities in which we operate.
ABOUT US OIL SANDS LTD.
US Oil Sands is engaged in the exploration and
development of oil sands properties and, through its wholly owned
United States subsidiary US Oil
Sands (Utah) Inc., has a 100%
interest in bitumen leases covering 32,005 acres of land in
Utah's Uinta basin. The Company
plans to develop its oil sands properties using its proprietary
extraction process which uses a bio-solvent to extract bitumen from
oil sands without the need for tailings ponds. The Company is in
the pre-production stage, anticipating the commencement of bitumen
production and sales in 2013.
The foregoing information contains
forward-looking information relating to the future performance of
the Company including information relating to the commencement of
commercial bitumen production and sales. Forward looking
information is subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual results to
differ materially from those anticipated in our forward looking
statements. Such risks and other factors include, among others, the
actual results of exploration activities, changes in world
commodity markets or equity markets, the risks of the petroleum
industry including, without limitation, those associated with the
environment, delays in obtaining governmental approvals, permits or
financing or in the completion of development or construction
activities, title disputes, change in government and changes to
regulations affecting the oil and gas industry, and other risks and
uncertainties detailed from time to time in the Company's filings
with the Canadian securities administrators (available at
www.SEDAR.com). Forward-looking statements are made based on
various assumptions and on management's beliefs, estimates and
opinions on the date the statements are made. Should one or more of
these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those described in the forward-looking information contained
herein. The Company undertakes no obligation to update
forward-looking statements if these assumptions, beliefs, estimates
and opinions or other circumstances should change, except as
required by applicable law.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE US Oil Sands Inc.