- 09 Jul
ASPHALT RIDGE DEVELOPMENT HISTORY
ASPHALT RIDGE HISTORY
The Asphalt Ridge oil sand deposit is located approximately 4 miles Southwest of Vernal, Utah. The deposit stretches approximately 11 miles along Asphalt Ridge and contains an estimated 1.1 billion barrels of bitumen. The deposit has been identified as a potential hydrocarbon resource since the 1800’s. Since that time, numerous development concepts have been promoted to exploit the resource.
BRIEF HISTORY OF ASPHALT RIDGE DEVELOPMENT
- 08 Jul
ASPHALT RIDGE STATUS
ASPHALT RIDGE – STATUS
The primary oil sands processing facility at Asphalt Ridge is located on the "A" tract about 4 miles from Vernal, Utah. The facility is owned by Korea Technology Industry America (KTIA) through its subsidiary Crown Asphalt Ridge, LLC (CAR).