Canadian Oil Sands Trust
Canadian Oil Sands Trust puts its trust in the oil that is in the sands in Alberta being exploited by Syncrude Canada. The Syncrude partnership's large oil sands mine and supporting plants produce value-added light, sweet crude oil. Established in 1964, the Syncrude Project is the largest single source of oil in Canada and accounts for about 15% of the country's total oil production. With a 37% share, Canadian Oil Sands Trust is the largest shareholder in Syncrude (in which Imperial Oil and Petro-Canada also hold significant minority stakes). In 2008 Canadian Oil Sands Trust reported proved and probable reserves of 1.8 billion barrels of oil equivalent.
Contact Details
Office Address
Canadian Oil Sands Trust
2500 First Canadian Centre
350-7th Ave. SW
Calgary, Alberta, Canada T2P 3N9
Phone: (403) 218-6200
Fax: (403) 218-6201
Executives
Chairman
Donald J. (Don) Lowry
President, CEO, and Director
Marcel R. Coutu