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Bayshore is a Canadian public company trading on the TSX Venture Exchange (Symbol: BSH). Bayshore Petroleum is cooperating with an independent Beijing-based research group (The China Foreign Economic Cooperation Center, or "CFECC") to exploit heavy oil / bitumen upgrading technology globally. Pilot testing is complete, with results consistent with initial lab testing. Therefore, the Group is now moving to the full commercialization of the technology.
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On January 12-18, 2015, Mr. Cao Zhide, director and his associates from Chemical Foreign Economic Cooperation Centre (CFECC), Beijing visited Calgary and met with Bayshore directors and senior executives to discuss the proposed 3,000 bopd heavy oil upgrader project in Saskatchewan. Please click here to learn more details.