Exploration & Production | Oil Sands | Oil Sands Projects
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 OutlookSunshine 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…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Oil Sands News

Cardinal Energy Ltd. First Quarter 2023 Results
Cardinal Energy Ltd. announced first quarter 2023 results. Highlights Production increased 5% over the same period in 2022 due to ongoing strong base performance and excellent 2022 drilling…

Headwater Exploration Inc. First Quarter 2023 Results
Headwater Exploration Inc. announced first quarter 2023 results. Highlights Declared second cash dividend of $0.10 per common share and returned $23.5 million to shareholders in April 2023. Production…

Baytex Energy Corp. First Quarter 2023 Results
Baytex Energy Corp. First Quarter 2023 Results. Highlights Entered into an agreement to acquire Ranger Oil Corporation ("Ranger") for approximately US$2.5 billion. Generated production of 86,760 boe/d (84%…

Cenovus Hits Production Milestone at Oil Sands Facilities; One Billion Barrels
Cenovus Energy Inc. has reached one billion barrels of cumulative production from its Foster Creek and Christina Lake oil sands facilities in northern Alberta. Cenovus is the first…

Suncor Hits Production Record in Q4 at 831 MBOEPD
Suncor provided an operations update for the fourth quarter of 2018, highlighting total upstream production of 831,000 BOEPD, which is a quarterly production record and represents an increase…
Canada News

Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…

Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…

EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…

Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…

ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…