RECENT NEWS
Small Cap Center  Nov 4  Comment 
Opti Canada (TSX: T.OPC) shares rallied 8.95% to $2.06 in Wednesday trading. The company announced Tuesday after the close that it was “considering strategic alternatives for enhancing shareholder value” – the often-used shorthand when a...
Reuters  Nov 4  Comment 
Suncor Energy Inc has restarted a processing unit at its oil sands plant after repairing damage caused by a minor fire last month, a spokeswoman said on Wednesday.
Reuters  Nov 4  Comment 
* Says high debt partly responsible for strategic review (Adds analyst's comment, updates share price)
The Globe and Mail  Nov 4  Comment 
Finance woes put another oil sands player on the block
BNN  Nov 4  Comment 
Opti Canada Inc. is considering putting itself up for sale because the oil sands operation is on track to start producing more reliably, not in response to any takeover bid, its chief executive said Wednesday.
Reuters  Nov 3  Comment 
* No timetable for completion (Adds comments from Nexen)
Wall Street Journal  Nov 3  Comment 
OilVoice  Nov 2  Comment 
UTS Energy Corporation UTS announce the disposition of its 50 per cent working interest in Alberta Oil Sands Lease Nos. 421 022 and 023 the Lease 421 Area located east of the Firebag River i
CBC.ca  Nov 2  Comment 
Calgary-based UTS Energy Corp. said Monday it expects to get $200 million after taxes from the sale of its half-interest in three oilsands leases in northern Alberta.
Canadian Business Blog  Oct 31  Comment 
The highlight of my participation in the CSR Weekend at the Queen's School of Business was helping to judge the annual Nexen Awards. Seven teams of MBA students presented their ideas about the best ways for a company operating in the oil sands...
BNN  Oct 30  Comment 
Imperial Oil says it's interested in snapping up more of Syncrude Canada, the firm's chief financial officer Paul Smith tells BNN. His comments come after ConocoPhillips recently said it's considering selling its 9-percent stake in the world's...
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Tar sands, or oil sands, are exactly what they sound like - sand saturated with oil.

Canadian tar sands production is estimated to increase from 1.32 mb/d to 3.23 mb/d. Tar sands have a tremendous global warming footprint, however, and environmentalists are pushing legislation through Congress to limit the amount of oil sands products that government agencies can purchase.[1]


References

  1. SeekingAlpha: "Oil Sands: Will the 'Greens' Cause Us to Miss Out?"
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