RE:RE:Scotia CapitalSteam capacity increase is in the MEG presentation (p9)
•~$300mm 3rd processing train (2024-2026)
•~15,000 bbls/d capacity increase
•~$20,000/bbl/d capital intensity
•IRR of ~30% at US$55/bbl WTI, ~50% at US$75/bbl WTI and ~70% at US$95/bbl WTI
•~$35mm skim tank (2024-2025)
•Reduces 2025 turnaround by ~10 days
•<1-year payback
•~$25mm steam optionality tie-ins (2024-2025)
•Flexibility to add additional steam generator without plant outage