I just noticed something I don't think I caught before, in a May 13ths SEDAR document. Page 3 paragraph entitled OTHER carries the following "Our property and equipment additions in the first quarter 2008 totaled $116 million, including $83 million on our overall oil sands operations -- core holes, facilities, seismic, preordering items for Algar and capitalized costs." It caught my eye as something we may have been discussing previously, wondering where expenditures were going ... not sure it applies but possibly.

I wonder what the situation is with the refinery expansion. They would like to expand to 35k barrels, then later to 50k barrels. Wouldn't you think they'd want to do the whole thing all at once?

Funny to see product pricing of Crude at $79.50/bbl.