Location:
Canada, Alberta
Nearest Landmark:
FORT MCMURRAY
Distance from Landmark:
35 km
Direction from Landmark:
NNW
Latitude:
57 Degrees 1 Minutes (North)
Longitude:
111 Degrees 30 Minutes (West)
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Property News
November 4, 2010
Suncor Energy Inc. today reported third quarter 2010 net earnings of Can$1.022 billion, compared to net earnings of Can$929 million for the third quarter of 2009. Operating earnings in the third quarter of 2010 were Can$654 million, compared to Can$343 million in the third quarter of 2009.
Suncor Energy reported that the company’s oil sands production during January averaged approximately 156,000 barrels per day (bpd). Production was impacted by unplanned maintenance activities following a fire at one of two upgraders (U2) in December. The repairs were successfully completed and the upgrader has returned to production.
Suncor Energy Inc. announced that the company’s oil sands production during December averaged approximately 323,000 barrels per day (bpd). The company achieved its oil sands production target for 2010 with annual production averaging approximately 283,000 bpd.
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