SU » Topics » Anticipated Royalty Expense Based on Certain Assumptions

This excerpt taken from the SU 6-K filed Jul 26, 2007.

Anticipated Royalty Expense Based on Certain Assumptions

For the period from 2008-2012

 

 

 

 

 

 

 

WTI Price/bbl (US$)

 

40

 

50

 

60

 

Natural gas price per mcf at Henry Hub (US$)

 

6.75

 

8.25

 

10.00

 

Light/heavy oil differential of WTI at Cushing less Maya at the U.S. Gulf Coast (US$)

 

9.60

 

12.60

 

15.10

 

Cdn$/US$ exchange rate

 

0.80

 

0.85

 

0.90

 

Crown Royalty Expense (based on percentage of total Oil Sands revenue) (%)

 

 

 

 

 

 

 

2008

 

8

 

10

 

12

 

2009-2012 (1)

 

4-5

 

5-7

 

6-8

 

(1)     During 2006, we exercised our option to transition our base operations in 2009 to the generic bitumen-based royalty regime.

The Government of Alberta is undertaking a review of Crown royalties and other revenues paid to government by industry. This review is scheduled for completion in late 2007. For a more complete discussion, please see page 29 of our 2006 Annual Report.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki