Sunshine Oilsands Ord Shs SUNYF

Energy Oil & Gas E&P

Sunshine Oilsands Ltd. is an oil sands company. The Company is focused on the development of its holdings of oil sands leases in the Athabasca oil sands region. It is a holder and a developer of Athabasca region oil sands resources with approximately 0.91 billion barrels of risked best estimate contingent resources. The Company’s focus is on evaluating and developing its oil sands assets with the completion and operation of the 5,000 bbls/day Phase I commercial West Ells (the Project). It owns and controls 100% of 467,969 hectares of leases (over 1,000,000 acres of leases) and holds approximately 7% of the allocated oil sands lease area in that region. It holds a land position that includes eight primary operational areas. Its principal operating regions in the Athabasca area are at West Ells, Thickwood, Legend Lake, Harper, Muskwa, Goffer and Portage. The West Ells region covers about 9,856 contiguous gross and net hectares and is located within the Athabasca oil sands region.

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Sunshine Oilsands Ord Shs > Educated Guesses?

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Comment by mydogchachon Aug 10, 2015 9:33pm

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Post# 24005479

RE:Educated Guesses?

a quiet board to be sure, I'll respond just to change the post
But I'm not going to try and make a guess on sp, it starts with first steam, right? and that's been delayed a few times already.
If and when first steam is actually a go, it's 6 months down the road before production - and exactly what will production be? So any guess on sp would also include what you guess oil price will be early next year.
Too many guesses for me - more worthwhile asking for educated guesses on first steam

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