| Suncor Energy Reports Oil Sands Production Numbers for October 2009 |
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06/11/2009 10:50 (15 Day 00:21 minutes ago) | |||||
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The FINANCIAL -- Suncor Energy Inc. reported on November 5 that the company's oil sands production during October averaged approximately 307,000 barrels per day (bpd). Year-to-date oil sands production at the end of October averaged approximately 296,000 bpd. Suncor is targeting average oil sands production of 300,000 bpd (+5%/-10%) in 2009.
Production numbers include upgraded sweet and sour synthetic crude oil and diesel, as well as non-upgraded bitumen sold directly to the market, from all Suncor-operated facilities. Reported volumes include those previously processed for Petro-Canada on a fee-for-service basis but do not include Suncor's proportionate production share from the Syncrude joint venture, according to press-release distributed by Marketwire.
On a monthly basis, Suncor reports production numbers from its oil sands operation in order to provide stakeholders with a more timely review of operational performance. These numbers are preliminary and subject to adjustment. Monthly totals may differ from year-to-date total due to rounding, the impact of sales and changes in inventory. Production volumes will be confirmed when Suncor's fourth quarter results are released.
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