Crown paper liquidating trust
"[T]he prospects for adding new producers are complicated by the internal rules set in place to compensate each producer for its contributions to the blend." Crude from MEG’s 210,000-barrel-a-day Christina Lake oil sands site is marketed as Access Western Blend, which competes with WCS. and Northern Blizzard Resources Inc also benefit from the higher WCS price."In the seven weeks that heavy crude has staged its rebound, MEG shares are up 27 per cent, Black Pearl’s 37 per cent and Northern Blizzard’s 21 per cent." According to a report by real estate consultants Avison Young, by August 2015 in downtown Calgary "layoffs by major oil and gas companies" were reflected in higher vacancy rates in the second quarter.By September 2014 Canada was exporting 3,026 thousand bpd to the United States.This increased to its peak of 3,789 thousand bpd in September, 2015 and 3,401 thousand bpd in October, 2015.
The nation’s 2015 oil hedge provided it with a bonus of .3 billion." "The extremely viscous oil contained in oil sands deposits is commonly referred to as bitumen" (CAS 8052-42-4) At the Husky Hardisty terminal, Western Canadian Select is blended from sweet synthetic and condensate diluents from 25 existing Canadian heavy conventional and unconventional bitumen crude oils.describes how Suncor Energy is investigating the strategy of replication where engineers design an "ideal" small-capacity SAGD plant with a 400 to 600 bd capacity that can be replicated through "successive phases of construction" with cost-saving "cookie cutter", "repeatable" elements.Although the first replicable facility will not be online before 2019, Suncor hopes to eventually implement the technology on its leases at Meadow Creek, Lewis, Mac Kay River and Firebag.The National Bank of Canada's Tim Simard, argued that WCS is the benchmark for those buying shares in Canadian oil sands companies, such as Canadian Natural Resources Ltd., or Cenovus Energy Inc., Northern Blizzard Resources Inc., Pengrowth Energy Corp., or Twin Butte Energy Ltd or others where a "big part of their exposure will be to heavy crude.” This is based on data on prices and differentials from Canadian Natural Resources Limited (TSX: CNQ)(NYSE: CNQ)."West Texas Intermediate Crude oil (WTI) is a benchmark crude oil for the North American market, and Edmonton Par and Western Canadian Select (WCS) are benchmarks crude oils for the Canadian market.