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Suncor Energy (SU) says its Firebag oil sands facility has reached full design capacity of...

Suncor Energy (SU) says its Firebag oil sands facility has reached full design capacity of nearly 120K bbl/day. It also says first oil from stage four of the project is expected by year end, about three months ahead of the original schedule, and that the project is ~10% under the current budget estimate of C$2B. SU -1.8% premarket.
Comments (3)
  • tomlos
    , contributor
    Comments (1112) | Send Message
     
    Excellent work SU! Management is moving along, keeping costs under control, and sticking to their word about not growing just to grow.

     

    Long term, they are a winner.
    23 Oct 2012, 10:05 AM Reply Like
  • A Newell
    , contributor
    Comments (486) | Send Message
     
    This is all good stuff. Now, how to export to the US?
    23 Oct 2012, 12:21 PM Reply Like
  • tomlos
    , contributor
    Comments (1112) | Send Message
     
    Come November a Romney presidency will make that happen very quickly.
    27 Oct 2012, 03:45 PM Reply Like
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