It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
American Shale Oil, LLC (AMSO) holds a U.S. Bureau of Land Management Research, Demonstration and Development lease to develop oil shale on federal lands in the Piceance Basin of Colorado. There are an estimated 10 billion barrels of oil equivalent in place within AMSO’s 5,120 acre preferential lease right area, and its plan for commercial operations targets approximately 20 percent of the available resource. Genie Energy holds a minority stake in AMSO, which is a joint venture with Total, SA, the world’s fifth largest integrated oil and gas company.