anThe chair person of the SilverBirch Energy Corp, the emerging miner of Oilsands declared that, the company will make slow and strong measures in its project development and it will be learning from its downfall which the company has experienced in the recent past. Howard Lutley, the new Chief Executive Officer of the SilverBirch Energy Corp. told that, all the oil and gas drilling compies should learn from the past failures and mistakes, the companies should not undermine and they should not develop project at rapid speeds. He also mentioned that the companies should perform rigorous examination on the oil wells with the help of competent engineers and the engineering reports should be clear before they embark on the field.

The SilverBirch Energy Corp. is the byproduct of the Canada’s Total E&P that is 1.5-billion acquisition of UTS Energy Corp., which was closed recently, currently the company is managed and controlled by the UTS’s banner asset and it manages nearly 20 percent of the stakes in the upcoming Fort Hills mine. SilverBirch Energy Corp. has made its debut recently in trading and it is formed by the faculties of the UTS Energy Corp. and Howard Lutley, was the vice-president for the mine extraction since he is experienced in facing numerous challenges in the Fort Hills.

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