San Diego, CA -- (SBWIRE) -- 10/22/2013 -- CANADIAN OIL SANDS (OTCMKTS:COSWF) announced the updates regarding Syncrude project. There was an event of disruption in supply of natural gas that troubled the industrial customers in Wood Buffalo, Alberta. The crude oil shipment suspended for a little time.
Canadian Oil Sands stated that the oil shipment delay and disturbance in gas supply caused dial back of operations. This helped in managing reduced natural gas supply. The company stated that operations are back to routine now. The company also plans the release of its third quarter financial reports in a week or two.
Canadian Oil Sands Limited, is involved in oil mining, extraction and upgrading business. The company has 8 sites of lease situated in the Athabasca Oil Sands deposit that expands on 101,960 hectares. There are around 4.6 billion barrels of synthetic crude oil reserves.
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