Sharky Q: "Can someone give me a better understnading of the meaning about Terms of Reference"

Jurek Post: "The filing of the Terms of Reference is the first step in the process of submitting an Environmental Impact Assessment ("EIA") for the Great Divide SAGD Expansion Project, as directed by Alberta Environment."

Sharky from what I've read of the document, it represents the terms of the project for our reference. Kind of a (higher level) proposal for the business plan.

Of interest within: "Connacher has drilled and expects to continue to drill additional exploration and delineation wells to further understand the location and extent of the bitumen resources contained within its oil sands leases. The reservoir geology for these two projects is now understood well enough to pursue expansion of the respective facilities. Economies of scale and integration of these facilities by expanding from an existing base is anticipated to result in major economic improvements to Connacher's operating costs ..."

Sorry for all the posts, I'm enjoying this! -bbq