what sets canadian oil sands trust apart from other oil sands investment opportunities?
A number of characteristics distinguish Canadian Oil Sands Trust as an oil sands investment. First and foremost is the quality of the Syncrude asset. Our investment in Syncrude represents close to 50 years of oil sands resource at expanded capacity rates of 500,000 barrels per day of light, sweet crude oil. We have tapped into only a fraction of this potential today. Syncrude was one of the first companies to develop Canada’s oil sands deposits, and our leases cover some of the richest resource in the Fort McMurray area. After 28 years of operations, Syncrude also has extensive experience mining and upgrading this resource – a distinct advantage in an industry where there are many new entrants. We have just finished a major expansion, which provides us with the infrastructure to substantially grow production and improves operational flexibility to mitigate the impact of downtime at the plant. As well, it supports our ability to fund future growth opportunities, thus reducing our financ