UTS Energy Corporation focuses on producing bitumen from the oil sands deposits in Canada. The company, through its interests in Fort Hills Energy Corporation and the Fort Hills Energy Limited Partnership, holds a 20% interest in the Fort Hills project. It focuses on developing, mining, extracting, and selling the recoverable clean bitumen from the Fort Hills oil sands project, which includes underlying leases that encompass approximately 46,711 acres of contiguous oil sands leases located to the north of Fort McMurray, Alberta. The company also owns a 50% working interest in the Equinox oil sands project and the Frontier oil sands project on the west side of the Athabasca River. In addition, it holds a 50% interest in 148,480 and 94,080 acres of exploration lands to the east and west of the Athabasca River. The company was formerly known as United Tri-Star Resources Ltd. and changed its name to UTS Energy Corporation as a result of its merger with International Reef Resources Ltd. in June 1998. UTS Energy Corporation was founded in 1986 and is headquartered in Calgary, Canada.