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wshaw14

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wshaw14

Re: None

Thursday, 06/16/2016 7:02:50 AM

Thursday, June 16, 2016 7:02:50 AM

Post# of 2595
I just found the following project that has the same SOR rate as our demonstration project. Should give a good indication as to the cost of production. Just to get a hint on the cost of production.

http://www.cenovus.com/news/news-releases/2016/20160427-q1-results.pdf
In the first quarter of 2016, oil sands operating costs were down $1.47/bblor 13% to $9.52/bbl compared with the same period in 2015. This included a 13% decrease in non fuel operating costs to $7.33/bbl.
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