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Latest Canadian Oil Sands Trust Stories

2009-06-09 19:00:00

All figures below gross to Syncrude unless otherwise indicated. CALGARY, June 9 /PRNewswire-FirstCall/ - (TSX - COS.UN) - Canadian Oil Sands Trust ("Canadian Oil Sands") today reported that the planned turnaround of Coker 8-3 has been completed with Syncrude production ramping up. During the turnaround modifications also were made to the coker with the aim of improving yield and run length. The Coker 8-3 turnaround began on March 17, 2009 and was expected to take approximately two months to...

2009-04-29 14:36:00

All financial figures are unaudited and in Canadian dollars unless otherwise noted. TSX - COS.UN CALGARY, April 29 /PRNewswire-FirstCall/ - Canadian Oil Sands Trust ("Canadian Oil Sands", the "Trust" or "we") today announced first quarter 2009 cash from operating activities of $50 million ($0.10 per Unit) compared with $441 million ($0.92 per Unit) in the same quarter in 2008. Net income for the quarter was $43 million ($0.09 per Unit) compared with $298 million ($0.62 per...

2009-04-27 11:53:00

CALGARY, April 27 /PRNewswire-FirstCall/ - (TSX - COS.UN) - Canadian Oil Sands Trust plans to release its first quarter 2009 results and hold its annual and special meeting of Unitholders on Wednesday, April 29, 2009 at 2:30 p.m. (mountain daylight time) in the Ballroom of the Metropolitan Conference Centre, located at 333 Fourth Avenue SW, Calgary, Alberta. A live audio Web cast of the meeting can be accessed from Canadian Oil Sands' Web site at: http://www.cos-trust.com. An archived version...

2009-03-23 15:37:00

CALGARY, March 23 /PRNewswire-FirstCall/ - (TSX - COS.UN) - Canadian Oil Sands Trust ("Canadian Oil Sands") today announced that it has filed the results of the independent evaluation of its reserves and a review of its resources for the Syncrude Project leases at December 31, 2008 with the Canadian securities administrators on the SEDAR web site. This information also has been posted on Canadian Oil Sands' web site at: http://www.cos-trust.com/investor/Financials/default.aspx. Based on an...

2009-03-17 17:12:00

CALGARY, March 17 /PRNewswire-FirstCall/ - (TSX - COS.UN) - Canadian Oil Sands Trust ("Canadian Oil Sands") today reported that the turnaround of Coker 8-3 planned for the first half of 2009 has commenced. The turnaround will include some comprehensive modifications to the unit aimed at improving yield and run length. The turnaround, including the associated modifications, was incorporated in the outlook provided by Canadian Oil Sands on January 28, 2009 and is expected to take approximately...

2009-02-27 15:19:00

CALGARY, Feb. 27 /PRNewswire-FirstCall/ - (TSX - COS.UN) - Canadian Oil Sands Trust (the "Trust") today reported the tax information for the cash distributions declared and paid in 2008 to Unitholders resident in Canada and the United States ("U.S."). The following information is provided for general information only and should not be considered tax or legal advice to any particular existing or potential holder of Trust units. Unitholders are strongly encouraged to consult their tax advisors...

2009-01-28 17:01:00

All financial figures are unaudited and in Canadian dollars unless otherwise noted. TSX - COS.UN CALGARY, Jan. 28 /PRNewswire-FirstCall/ - Canadian Oil Sands Trust ("Canadian Oil Sands", the "Trust" or "we") recorded fourth quarter cash from operating activities of $466 million ($0.97 per Trust Unit ("Unit")) compared with $367 million ($0.77 per Unit) for the fourth quarter of 2007. Net income for the fourth quarter 2008 was $124 million ($0.26 per Unit) compared with net...

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2008-06-25 00:00:00

By Jeffrey Jones Oil sands producers in Canada have a rough road ahead persuading environmentalists and an increasingly concerned public that they are serious about protecting the environment while investing billions of dollars in new projects. The industry's lobbying group and several chief executives began a new communications campaign this week aimed at countering a full- court press by environmentalists over the impact of oil sands development on air, land, water and local communities....

2006-06-08 07:40:00

By Wojtek Dabrowski AURORA MINE, Alberta -- Canada's vast oil sands, the biggest source of oil outside Saudi Arabia, don't give up their riches easily. Mining the earth for molasses-like bitumen that can be turned to oil involves clearing vast swaths of land, stripping off layers of soil and digging out lake-sized holes with giant shovels that scoop up to 56 cubic yards (meters) of material a swing. The world's largest haul trucks -- house-sized monsters with wheels the size of pick-up trucks...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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