LLOYDMINSTER, Sask. — The Lloydminster Heavy Oil Show, billed as one of Canada's premier energy conferences, is being hosted Sept.16 and 17 in Lloydminster.
The event, held every two years, brings together industry leaders from across Western Canada to exchange knowledge, explore emerging technologies and showcase the innovations shaping the future of energy development.
According to Sask. Energy and Resources, the Lloydminster Heavy Oil Show highlights the vital contribution of heavy oil development to Saskatchewan's economy and its continued role in driving growth and investment.
"Saskatchewan's oil and gas sector creates thousands of jobs, generates significant investment and reliably provides the energy the world needs," Energy and Resources Minister Chris Beaudry said.
"The Lloydminster Heavy Oil Show is an opportunity to celebrate the people and companies whose innovation and hard work have made northwest Saskatchewan a leader in heavy oil production. Our government remains committed to supporting the growth of oil production through responsible resource development in Saskatchewan's energy sector."
Continued technological advancements, improved recovery methods and ongoing industry investment are helping producers enhance efficiency and maximize the value of Saskatchewan's world-class heavy oil resources in northwest Saskatchewan, states Sask. Energy and Resources in a press release. With several new projects in the area expected to come into full production over the next several years, the outlook for heavy oil development in the province is promising, the ministry says.
More than 25,000 people are employed in the sector, and last year, the value of oil and gas production reached $11.5 billion. The sector generates significant royalty revenue that supports public services and infrastructure.
