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Wednesday, October 09, 2013 7:46:12 PM
Production levels were affected by planned maintenance on U2 upgrader units, which took place through most of the month.
I consider this to be a solid result, as we had expected maintenance to play a bigger part in September production. YTD production has averaged 344mbbl/d, while 2013 oil sands production guidance is 350-380mbbl/d.
Suncor only has to produce at an average rate of 370mbbl/d through 4Q13 to make the low end of guidance, which we see as very achievable given increasing volumes from Firebag 4.
Purely my own opinion. Do your Due Diligence.
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