Full Annual Report (PDF 1.39 MB) - Canadian Oil Sands
Full Annual Report (PDF 1.39 MB) - Canadian Oil Sands
Full Annual Report (PDF 1.39 MB) - Canadian Oil Sands
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<strong>Canadian</strong> <strong>Oil</strong> <strong>Sands</strong> Trust <strong>Annual</strong> <strong>Report</strong> 2002 8<br />
THE SYNCRUDE PROJECT:<br />
3,<br />
500,<br />
1978<br />
Syncrude, one of the<br />
pioneers in oil sands<br />
development, produced its<br />
first barrel of oil in 1978.<br />
2002<br />
Syncrude’s estimated<br />
proven reserves of<br />
3.5 billion barrels of<br />
Syncrude Sweet Blend<br />
represent more than a<br />
35-year lifespan using<br />
today’s infrastructure.<br />
An additional undeveloped<br />
resource base of 4.8 billion<br />
barrels could extend this<br />
reserve life beyond the<br />
year 2050.*<br />
* Based on Syncrude Canada Ltd.’s<br />
2002 year-end ore reserve estimate.
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