CKUA

[johnlw]

Tough sledding for new projects
Exisiting ops are viable I think.
BWTFDIK

As to what the break-even oil price is for these operations, Lacey says the way to look at it is the cash cost per barrel to operate. The cash cost calculation typically includes operating costs, including expenses such as general and administrative costs, royalties and interest expense.

He says Suncor's all-in cash cost is $46 a barrel, with $33 being associated with operating costs. Canadian Oil Sands Trust pays out $43 per barrel, of which $27 is related to operating expenses.

Meanwhile, Imperial Oil's Cold Lake operations are the cheapest to run -- $30 per barrel, with $17 being the operating component.


http://siliconinvestor.advfn.com/readmsg.aspx?msgid=25078784