US Oil Sands Inc., formerly International LMM Ventures Corp., is a Canada-based company engaged in the development of an environmentally responsible process to extract hydrocarbons from solids. A bio-based solvent is used to liberate the hydrocarbons, reducing the mechanical energy and eliminating the pH control typically used to recover bitumen in surface mineable projects. The process extracts bitumen from water-wet and oil-wet oil sands. The Company has developed the process at its facility in Grande Prairie, Alberta. The Company, through its wholly owned Utah subsidiary, owns a 100% leasehold interest in 7,835 acres of Utah State land.
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