Canadian Oil Sands Company Description
Canadian Oil Sands Trust puts its trust in the oil that is in the sands in Alberta being exploited by Syncrude Canada. The Syncrude partnership's large oil sands mine and supporting plants produce value-added light, sweet crude oil. Established in 1964, the Syncrude Project is the largest single source of oil in Canada and accounts for about 15% of the country's total oil production. With a 37% share, Canadian Oil Sands Trust is the largest shareholder in Syncrude (in which Imperial Oil and Petro-Canada also hold significant minority stakes). In 2008 Canadian Oil Sands Trust reported proved and probable reserves of 1.8 billion barrels of oil equivalent.
View the Comprehensive Company Description for Canadian Oil Sands
The Company Description provides a historical perspective of Canadian Oil Sands's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Canadian Oil Sands's evolution in the marketplace.
