American Sands Energy Corp. (a Delaware corporation) is committed to the efficient extraction of oil and other naturally occurring hydrocarbons contained in oil sands, shale and similar types of geologic structures prevalent in the Mountain West region of North America using a proprietary technology.READ MORE
ASEC has the rights to mine oil sand ore and extract bitumen from private property located near Price, Utah (the Sunnyside Lease). The Sunnyside Lease area contains some of the prime oil sands deposits in Utah. We have the rights to approximately 1,800 acres with estimated net P50 resources of 150 million barrels of recoverable bitumen to the Company.READ MORE
ASEC’s proprietary process extracts bitumen from oil sands at a low cost with no expected long term effect to the environment. The process uses NO water and produces only bitumen and clean sand.
There are no tailings or hazardous byproducts. We expect all solvent used in the extraction process to be recycled.WATCH VIDEO