RE:RE:2015 Capex from Suncor Guidance
What?
4.3B to 4.75B = 2.15B to 2.375B sustaining capital.
Syncrude represents approximately 7.5% of Suncor's total oil sands production (32/442 = 7.2%, 36/476 = 7.6%).
Assuming CAPEX spend is proportional to production, we'd have approximately 7.5% of the sustaining capital spend for Syncrude, or $161.3M to $187.1M.
That is for Suncor's 12% ownership of Syncrude. Applying that to COS's 37% share, we get $497.3 to $576.9M. Then we'd have to add whatever's left to spend on the Centrifuge Tailings Management and Mildred Lake Mine Train Replacement. Still a far cry from the numbers you're proposing.