RE:RE:RE:RE:RE:COS news release : Syncrude advances turnaround of Coker B-2forecast123 wrote: I saw this as a wise move to schedule the coker maintenance to Dec (when most workers will go on xmas vacation) from mid Dec 2016.... It also then increases the 2016 production now that the coker maintenance is already done in Dec 2015... It is NOT unreliable... They already know there is a coker maintenance required and it is just they chose the "best" date to do the maintenance... Potential buyers are buying on the terms of 2016 budget ... Wise move for Syncrude as well as COS
Forecast, your very naive if you think this maintenance being advanced 6-7 months is a strategic decision. It's most likely forced by deteriorating performance of the coker and inability to fix the problems while it was still operating. It guarantees nothing about 2016 production. Read the press release again and take note that the disclaimer on forward looking statements is 2 times longer than the carefully worded release! And with regard to workers, you need more of them and not less for coker turnarounds.