Rival has developed a ground breaking process for upgrading bitumen and heavy oil to synthetic crude oil.
The TRU process takes heavy oil or bitumen at the field level and produces a pipeline grade synthetic crude oil. It offers a cost effective, environmentally sensitive solution to oil producers, saving them millions in transportation and refining costs.
The TRU process has been proven in the laboratory (all the lab work has been done by the Alberta Research Council), and the intellectual property is protected by a provisional patent. The next step is a fully functional pilot plant.
The TRU process delivers an ultra high yield, pipeline grade, synthetic crude oil - superior in many ways to dilbit and synbit. License rights will be hugely profitable for both producers and Rival.