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MarketWatch: Over C$110 Billion of New Oil Sands Developments Have Been Proposed In Northern Alberta Canada

Last Update: 10:30 AM ET Oct 31, 2006

DUBLIN, Ireland, Oct 31, 2006 (BUSINESS WIRE) — Research and Markets ( http://www.researchandmarkets.com/reports/c44285) has announced the addition of Alberta Oil Sands: Projects, Production and Cost to their offering.

In one (large) page, we summarize over 70 projects at various stages of development for Canadian oil sands operators. Project cost, Capital expenditure per flowing barrel, production (heavy and upgraded), and (proposed) operation dates are included.

The projects in this report have proposed approximately C$110 billion of new oil sands developments in northern Alberta. This includes only “hot” projects–mining and steam-assisted recovery–not primary or “cold” production of heavy oil.

This report is a great collection of hard to find data which serves as a basis for further project evaluation, or analysis of future bitumen production from Northern Alberta.

Why you should read this:

– Over C$110 billion of new oil sands developments have been proposed in northern Alberta.

– The relative economics of mining vs. in-situ and bitumen vs. synthetic crude are extremely complex. Average costs are only a data point, they say nothing about the attractiveness of a specific project.

Companies Mentioned:
Shell Canada Chevron Western Oil Sands BA Energy BlackRock Ventures Canadian Natural Resources Connacher ConocoPhillips Total Devon EnCana Husky Imperial Oil ExxonMobil Japan Canada Oil Sands Ltd. JACOS North West Upgrading OPTI Canada Nexen Inc. Petro-Canada UTS Energy Teck Cominco Petro-Canada Suncor Syncrude

For more information visit http://www.researchandmarkets.com/reports/c44285

SOURCE: Research and Markets

Research and Markets Laura Wood Fax: +353 1 4100 980 [email protected] Copyright Business Wire 2006

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