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Contribution: Industrial Research Assistance Program – Contributions to Firms

Drift Resource Technologies Inc.

$100,000.00

Gravity Assisted Bitumen Extraction Pilot

FY 2022-23 · 2022-07-01

Summary
A process to extract bitumen that is too deep to mine and too shallow for thermal methods. The technology allows access to an unavailable resource without the environmental impacts associated with existing oil sands operations.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Okotoks|Okotoks, Alberta, Canada
Recipient Type
For-profit organization
Business Number
719297475
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Amendments

Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.

AmendmentDateFiscal YearTotal
02022-07-012022-23$80,000.00
12022-07-012022-23$100,000.00

As published

Additional Information
This agreement has been amended 1 time(s). The total amended value is 20,000 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La valeur totale des modifications est de 20 000 dollars.
Agreement End Date
2023-11-30
Agreement Number
992266
Agreement Start Date
2022-07-01
Agreement Title
Gravity Assisted Bitumen Extraction Pilot
Agreement Title (French)
Pilote d'extraction de bitume assistée par gravité
Agreement Type
Contribution
Agreement Value
$100,000.00
Amendment Date
2023-06-13
Amendment Number
1
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
A process to extract bitumen that is too deep to mine and too shallow for thermal methods. The technology allows access to an unavailable resource without the environmental impacts associated with existing oil sands operations.
Description (French)
Un procédé pour extraire le bitume qui est trop profond pour être exploité et trop peu profond pour les méthodes thermiques. La technologie permet d'accéder à une ressource non disponible sans les impacts environnementaux associés à l'exploitation actuelle des sables bitumineux.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Foothills
Federal Riding (French)
Foothills
Federal Riding Number
48022
NAICS Code
213118
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
719297475
Recipient City
Okotoks|Okotoks
Recipient Country
CA
Recipient Legal Name
Drift Resource Technologies Inc.
Recipient Postal Code
T1S 2H1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2022-2023-Q1-992266