Calgary’s Steeper Energy Canada Ltd. awarded $90,000 Industrial Research Assistance Program Grant

Calgary Alberta – April 1, 2013 – Steeper Energy Canada Ltd., a Danish-Canadian clean-fuel company, has been awarded a $90,000 grant from the Industrial Research Assistance Program (IRAP) of Canada’s National Research Council. The project, “CPS Pre-engineering”, will be carried out in the 2013 fiscal year.

The project is intended to undertake a set of pre-engineering activities prior to detailed design, fabrication, commissioning and operation of a 10-15 barrel-per-day pilot plant. The pilot plant will utilize Hydrofaction™, a super-critical water upgrading pathway, to convert waste biomass into a synthetic crude oil. The biomass to be processed at the pilot facility includes forestry residues, agricultural residues in the form of straw, and, peat that has been stripped from agricultural lands.

Additional information on IRAP is available at https://www.nrc-cnrc.gc.ca/eng/irap/.