Trey Grafa's Page

"Emily: Something that just came across the wire. Thought you might find it of interest. Ivanhoe Energy commits up to one million dollars in aid for flood victims in Ecuador’s Napo Province QUITO, ECUADOR – (April 15, 2010) –…"

"Emily: The 65% draw down of the Athabasca river drainage is difficult to compare to this project. There are enormous strip mining projects along with many SAGD projects throughout that area. Strip mining uses more water per barrel of oil produced…"

"Clay: Quoting from the National Energy Board of Canada's Jun 2006 Energy Market Assessment: "In SAGD operations, 90 to 95 percent of the water used for steam to recover bitumen is reused, but for every cubic metre (6.3 barrels) of…"

"Clay: I'm covered up right now - so a quick answer. I want to look into the SAGD water ratio. I would think that the delineation drilling would help define what Ivanhoe estimates to be ratio - their official estimate might be hard to pin down.…"

"Clay: Oil is found in 'formations' because it gravitates and collects between solid, non-porous rock structure - other wise it would migrate outside of the specific formations is which it is found. Any steam condensates and collects into…"

"Emily: Go back and review their conference calls. This has been a know fact since the project was first proposed. You are using the term 'sell part of the project'. They are not selling - they are looking for a financial partner to joint…"

"Clay: I fail to see why you would be so concerned with the water that is not recovered. The water is trapped in the previous oil bearing sands 1300 feet below the surface. It is not 'contaminated' water - it was only water that was used…"

"Clay: I have no idea how much water the HTL project will use. Emily says 'huge' and I believe she has a copy if the EIA - I was hoping she had sourced an amount since it has been previously stated that Ivanhoe was going to drain the…"

"Emily: You stated that the 'SAGD process required in HTL requires huge amounts of water' and then you go on to say the Athabasca river was drained of 65% of its water. Water usage is an issue in the Athabasca region because of the demands…"

"Clay: My observation was that this arbitration will move the process forward, resulting in a quicker resolution and clean-up. That resolution could favor Chevron or it could favor PetroEcuador - either way the environmental issues are addressed…"

"Emily: From the following article it looks like Chevron has created a win-win situation for itself and the people of Ecuador. Having prevailed in the courts to go to an unbiased international arbitration, it appears that Chevron will likely prevail…"

"Emily: Whew!! At least you are not out there terrifying the communities with the strip-mining claims. Looks like I have accomplished my original intent to correct at least some of the misconceptions your group was under. Running my own business, I…"

"Clay: By conventional measurements, the planned HTL units are 'small'. I scanned through some of my documents but I have not located any land use projections for the Pungarayacu project. I did however come across some land use impact…"

"Clay: OK - Let me start with your two concerns: “Concerns that I have that are not addressed anywhere that I can see are:” a) How is the heavy stock transported from the wells to the HTL facility? b) How is the finished product…"

"Clay: What started my interaction with this group was an attempt to correct some factual misstatement and questions surrounding the Ivanhoe project. From your above two questions, its apparent that you haven’t yet taken the time to try to…"