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Sunshine Oilsands in Search of Funding for Phase 2 of West Ells
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Sunshine Oilsands Ltd. has announced its financial results for the third quarter ended September 30, 2015.
In the third quarter of 2015, Sunshine continued to focus on financing initiatives and on West Ells construction and achieved progress in the following areas:
Achieved first steam injection in two well pairs on September 22, 2015; Substantially completed construction activities on site; Substantially commissioned systems for central processing plant and well pad; Completed all down hole equipment, installation and surface tie ins; and Commenced start-up of plant and well pad operations.Sunshine currently expects first oil in December 2015.
Sunshine's Capital Raising and Joint Ventures ActivitiesDuring the third quarter of 2015, the Company issued 111,214,210 Class "A" common…
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