Opti Canada Inc. has reported that recent bitumen production at the Long Lake Project in Alberta, Canada, is averaging approximately 28,300 barrels per day (bbl/d) (9,900 bbl/d net to OPTI).
OPTI Canada Inc. announced today the Company’s financial and operating results for the quarter ended September 30, 2010. Highlights include; revenue for three months ended September 30, 2010 earned revenue net of royalties of Cad$59 million compared to Cad$38 million for the same period in 2009. For the three months ended September 30, 2010 our share of PSC™ sales averaged 4,800 bbl/d at an average price of approximately Cad$79/bbl compared to 800 bbl/d at an average price of approximately Cad$75/bbl for the same period in 2009.
Research - Professional or Research - Advanced Subscriber Access Required
