Welcome To The Ivanhoe Energy HUB On AGORACOM

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Nov 06, 2008 07:19AM

Nov 11, 2008 03:31AM

Nov 11, 2008 05:47AM

and the next announcement I expect to hear about....

http://biz.yahoo.com/prnews/081110/t...

3 mentions about partners in this one release...

- Ivanhoe Energy is in detailed discussions with sovereign and other
international oil companies regarding strategic partnerships for the
development of projects Ivanhoe has secured, including Pungarayacu in
Ecuador and Tamarack in Canada, as well as additional HTL heavy oil
opportunities around the world

Potential strategic partners seeking opportunities with Ivanhoe
------------------------------------...

The magnitude of the Pungarayacu oil field - together with access to the existing pipeline to Ecuador's Pacific Rim export terminal and transportation to Asian and North American seaborne energy markets - makes the project of significant interest to numerous international oil companies. Aware of Block 20's potential, several large international oil companies already have approached Ivanhoe Energy Latin America and expressed serious interest in participating in the project. Under Ecuadorian law and the terms of the Block 20 contract, Ivanhoe must seek Petroproduccion's approval when specific strategic partners are introduced to the project.

Ivanhoe in detailed discussions with potential strategic partners
regarding HTL heavy oil opportunities

Ivanhoe Energy is in detailed discussions with sovereign and other international oil companies regarding strategic partnerships for the development of HTL heavy oil projects Ivanhoe has secured, including Pungarayacu in Ecuador and Tamarack in Canada, as well as additional HTL heavy oil opportunities around the world.

These potential strategic partners include Asian sovereign oil entities from countries that are significant net oil importers and are interested in accessing long-lived heavy oil assets around the world.

In parallel with these project development activities, the Company will continue to pursue discussions with potential strategic partners related to the development of Tamarack, Pungarayacu, and other potential heavy-oil opportunities around the world. These discussions are focused primarily on national oil companies and other sovereign or government entities from Asian and Middle Eastern countries that have approached the Company and expressed interest in participating in the Company's heavy-oil activities in Ecuador, Canada and around the world


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