Sunshine Oilsands Ltdis A Calgary Based Public Company Listed On The Hong Kong Stock Exchangethe Company Specializes In The Development Of Oil Sands And Heavy Oil Leases In The Athabasca Oil Sands Region Of Albertacanadawith Over 1 000 000 Acres Of Land Holdingsit Is One Of The Largest Operators In The Areafocusing On Thermal Recovery Methods To Produce Crude Oil While Minimizing Environmental Impact The Company Operates Several Assetsincluding The West Ells Phase 1Which Targets An Initial Production Of Approximately 5 000 Barrels Per Daysunshine Oilsands Is Committed To Enhancing Production Capacitywith Potential Estimates Exceeding 1 000 000 Barrels Per Day From Its Cretaceous Sandstone And Carbonate Formationsthe Company Has Also Formed A Joint Venture With Renergy Petroleum To Introduce Production Enhancement Technology For Its Conventional Heavy Oil Portfolio
