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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?


To: haitokin who wrote (6270)1/30/2006 7:36:55 PM
From: LoneClone  Respond to of 25575
 
My impression was that the recent CLL buy of refining assets in Montana was to ensure a supply of condensates to upgrade the SAGD output.

LC



To: haitokin who wrote (6270)1/30/2006 7:44:01 PM
From: Metacomet  Respond to of 25575
 
CLL upgrading.

I haven't heard Gusella talk to that either.

Kinda surprising if they don't have something up their sleeve though.

Their moves so far indicate a strong focus on the downstream aspects of the business.

I think I have heard speculation or rumors that they might be exploring an upgrading arrangement with Opti/Nexen...a very close neighbor.