Standing Stone Developments has created a limited partnership “syndicate” opportunity to allow a number of people to invest in the Alberta Oil & Gas sector at a relatively small cost. These investment monies have been used to purchase 80 acres of  land in the Town of Redwater which is poised to become the next Alberta boomtown.

Recently Lloyd Snelgrove, President of the Alberta Treasury Board responsible for the Oil Sands Sustainable Development Secretariat, released a report called Responsible Actions: A Plan for Alberta's Oil Sands. It is a wide-ranging 20-year strategic plan to reduce the environmental footprint, improve economic growth and increase the quality of life in oil sands areas. Click onto Industry likes oil sands plan to read more details on the industries response.

One point it makes is that "the province will use regulatory and fiscal approaches to encourage value-added development to achieve the value chain's full potential, and that's encouraging for us.This indicates the province is going to do something to sweeten the pot, to encourage action". It all bodes very well for the future of our Redwater development.