Opti Canada losses increase

Canadian oil sands player Opti Canada saw its first-quarter loss widen to C$97 million (US$79.5 million) from a restated C$6-million loss a year ago, but recorded its first commercial revenue from synthetic crude produced at the Long Lake oil sands project.

Tough quarter: Opti bleeds cash.
Tough quarter: Opti bleeds cash.
Published 28 April 2009, 19:01Updated 10 October 2016, 13:03
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