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Sunshine Oilsands Pushes West Ells Start Date Back

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Sunshine Oilsands Pushes West Ells Start Date Back

Sunshine Oilsands Ltd. has announced its financial results for the fourth quarter and the year ended December 31, 2014.

2015 Outlook

Sunshine remains committed to completing and producing the West Ells project and continues to look for opportunities for joint ventures to reduce capital commitments and to accelerate activities aimed at increasing production. In addition, the Corporation's ongoing plan for 2015 is to continue to look for opportunities to secure additional financing to expand construction, operations and development activities in the West Ells project area and in other areas.

The schedule for West Ells startup has been modified as of March 26, 2015: 

The Board of Directors has endorsed a management recommendation to extend the commissioning and start up period for the West…

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