Sunshine Oilsands Ord Shs SUNYF

Energy Oil & Gas E&P

Sunshine Oilsands Ltd. is a Canada-based company, which is focused on the development of its significant holdings of oil sands and heavy oil leases in the Athabasca oil sands region. The Company owns interests in oil sands and petroleum and natural gas leases in the Athabasca region of Alberta. Its West Ells Phase 1 is operational and has an initial production target of approximately 5,000 barrels per day. Its asset categories include West Ells, Thickwood, Legend, Muskwa, Harper, Opportunity, Portage and Other Properties. The West Ells region covers over 9,856 contiguous gross and net hectares and is located within the Athabasca oil sands region close to several high-profile international oil companies. Its conventional heavy oil portfolio includes introduction of production enhancement technology through a joint venture with Renergy Petroleum (Canada) Co. Ltd. at Muskwa and Godin. The Thickwood region consists of Oil Sands Leases covering 5,888 contiguous gross and net hectares.

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Sunshine Oilsands Ord Shs > Reasons for optomism

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Comment by Walleyeson Jun 24, 2015 10:18am

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RE:RE:RE:Reasons for optomism

All true,, like I said this could be used as a marketing tool farther down the line. Any new tech or program takes time and money to implement of which they have little of at this point.

Nope their best bet is to just keep focused on the plan at hand, get some steam in the ground and get some cash flow going. Even though at these commodity prices it's going to be very tough to service the dept it's still something. Keep it simple stupid is what will work here at this point.

Not a good place to be right now with what's going on in our province but what can you do.. Hopefully they can sustain themselves until things turn around.

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