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Light oil

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
(Chem.) the oily product, lighter than water, forming the chief part of the first distillate of coal tar, and consisting largely of benzene and toluene.

See also: Light



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The Company currently has light oil production of approximately 4,000 boe/d focused in Saskatchewan and Manitoba with an inventory of 200 light oil development drilling locations and more than 205,000 net acres of undeveloped land.
Byline: KHOBAR: Tests by a Royal Dutch Shell and Saudi Aramco joint venture give grounds for hope it will find enough light oil at the Kidan gas field to make development profitable, a top executive said.
a Bakken-focused light oil exploration and production company, expected to trade on the TSX under the symbol "PBN" after the transaction is completed.
 
 
 
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