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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: Bread Upon The Water who wrote (11322)7/15/2006 11:20:46 PM
From: johnlw  Read Replies (1) of 25575
 
Bill

Here are a couple of links which outline existing infrastructure to Montana from the oil sands. The pipelines going south have been in service for decades I am guessing, nothing new here. Initially Hardisty handled light crude but it has been handling the heavier stuff for years. A gas plant I worked at was selling condensate to the Hardisty facility for dilutant 20 years ago.
connacheroil.com
interpipelinefund.com

Follow the Bow River pipeline and I think it probably ends up at CLL's refinery.
The product may change carriers at the Hardisty terminal but I don't think that is unusual.

A local business columnist is bemoaning the processing of the Great Divide production down south.

Meanwhile, yesterday's cabinet orders included a rubber stamp for Connacher Oil and Gas's Great Divide project. It's now "full speed ahead" for the 10,000 barrels a day project that straddles Highway 16 south of Fort McMurray. Costs have also risen 15%.

But no worries there. The cash will flow when Connacher's "blended production" gets pipelined to the refinery the company recently purchased in Great Falls, Montana, where all the stable, high-paying refinery jobs will be located.


You are questioning it and he is bitching about it....probably adds up to a shrewd move by management.
investorshub.com

JW
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