Background
The Canadian oil sands are an often misunderstood and thus unappreciated part of the global collection of hydrocarbon resources. As traditional sources deplete, though, and as new supplies become more difficult to secure, the oil sands has an increasing role to play in satisfying global demand for oil.
The oil sands are in a stable country, with close proximity to the US, and increasing with hydrocarbons, as with real estate, it's about location, location, location!
The Opportunity
The resource is estimated as high as 2 trillion barrels of oil, competitive with Saudi reserves, and largely unexploited. Investment in the oil sands through 2012 will exceed $60bn and are the equivalent of several mid-sized suspension bridges or several large airports being built together at the same time. The investment is needed to extract the oil, which is mixed with sand. There are several operation types: surface mining, and extraction, which gets into a variety of SAGD technologies and more innovative technologies now coming online.
Economists say that all wealth creation is derived from investments that increase productivity. I think the oil sands increases productivity as it monetizes a resource that would be uneconomic otherwise. The appreciating price of oil has helped spur this development, as has the concept of 'Peak Oil'.
The objective of this discussion
Lets uncover the gems of the oil sands, the producers, the service companies, the mining companies and the pipelines. There will be trading opportunities and long-term investment opportunities as the oil sands production increases.
Lets profit from this huge development.
Guidelines
Try to be nice to each other folks-and I'm guilty of messing up as well. Let me know. This discussion is unmoderated because I think the opportunities will exceeed my ability to manage them
Organization
In addition to the links posted here for research, I set up a Yahoo Group for the sole purpose of posting research files and other files that SI doesn't allow. PM me for the PW and we will all be able to access what is there.
groups.yahoo.com
For more information visit:
The main website, with lease maps and other info
www.oilsands.cc
Other sites:
oilsandsdiscovery.com
energy.gov.ab.ca
Read this extensive document put together by Canada's National Energy Board
Canada's Oil Sands: Opportunities and Challenges to 2015
neb-one.gc.ca
neb-one.gc.ca
and some of the project sites:
www.longlake.ca
www.albianoilsands.com
Some of the players include:
Pure-plays in Production
SU.TO (SU)
COS.UN, OST.UN
WTO.TO
Pure-Plays in Construction
DCE.TO
Plays with a technical angle:
OPC.TO
PBG.TO
Juniors getting started
UTS.TO
CLL.TO
CWPC.OB
Majors with oil sands exposure
CNQ.TO (CNQ)
COP
CVX
PCA.TO (PCZ)
IMO.TO (IMO)
NXY.TO (NXY)
SHC.TO
ECA.TO (ECA)
Other companies with oil sands exposure
POU.TO
ERF.UN
NEM
Pipelines
PIF.UN
IPL.UN
ENB.TO (ENB)
Service companies
MTL.TO
POS.TO
RVD.UN
IST.TO
SCL-SVA.TO
Mining plays
BMD.V
TIC.V
ALTI
(More will be added as we surface them)
OK, lets make some money. |
