premise: NAOSC is an Alberta-based oil company founded in 2001. It manages 1,110 square kilometres of oil sands leases located in northern Alberta. It is estimated that the NOASC oil sands hold approximately 2.2 billion barrels of oil reserves. The company is planning to develop an extraction project and an upgrading facility. When the project is completed, NAOSC expects it to produce over 200,000 barrels of bitumen per day. The upgrading facility would then process the bitumen into synthetic crude oil.
hypothesis: NAOSC is located in Alberta.