CNRL announces expansion plans one day after the commercial start-up of the Trans Mountain pipeline.
oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine’s current capacity of approximately 255,000 barrels per day.
But CNRL, which remains the darling among energy investors and analysts for its history of strong financial results, also said its latest Stauth said the company had previously talked about a potential 75,000 barrel per day expansion over the long-term at its Horizon mine north of Fort McMurray, Alta.
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