US Oil Sands Inc.

US Oil Sands Inc. (USO) is a resource development company that has developed proprietary technology to extract bitumen from surface-mineable oil sands in a cost-effective and environmentally manner. The company’s initial commercial demonstration project (PR Spring Project) is located in Utah’s Uinta Basin where USO has a 100% interest in bitumen leases covering 32,005 acres of land. Their extraction process utilizes a citrus based bio-solvent to efficiently extract bitumen from oil sands without the need for tailings ponds, requires approximately 50% less energy input than traditional oil sands projects, recycles 95% of the water used and employs best practice mining methods to simultaneously mine and reclaim the targeted area.