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Strategies & Market Trends : Strictly: Drilling II

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To: Cogito Ergo Sum who wrote (907)8/30/2001 1:25:00 PM
From: Frank Pembleton  Read Replies (1) of 36161
 
Kastel, speaking of trust, here's one that's doing some timely financing through hedging. Might be worth a look...

Let me know!

Regards
Frank P.

Canadian Oil Sands boosts credit lines

CALGARY, Alberta, Aug 29 (Reuters) - Canadian Oil Sands Trust, which derives its revenues from a big stake in the Syncrude Canada Ltd. oil sands project, said on Wednesday it boosted its credit lines and hedged future production to help it fund its share of Syncrude's multibillion-dollar expansion.

biz.yahoo.com
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