Assets
Sunshine is focused on the development of our significant holdings of oil sands leases in the Athabasca oil sands region. Sunshine owns 100% of more than one million acres of oil sands and PN&G leases, equivalent to approximately 7% of the total oil sands leases granted in the Athabasca region.
- One of the largest land holdings in the Athabasca Region with more than 1,000,000 acres
- Portfolio consists of multiple asset groupings
- Cretaceous Sandstone - high value, medium-term SAGD assets
- Carbonates - substantial long-term value assets
- Conventional Heavy Oil - Introduction of production enhancement technology through a joint venture with Renergy Petroleum (Canada) Co. Ltd. at Muskwa and Godin.
- Thermal recovery only, no mining of resources and no tailing ponds or mining pits
- Significantly smaller environmental footprint
- Long term water source is brackish (non-potable), sourced from deep geological formations
Sunshine management currently estimates production capacity potential of more than 1,000,000 bbl/d from its cretaceous sandstone areas and carbonate formations.
Experienced Team
Sunshine's growth is being led by an experienced team with strong corporate governance and capital cost discipline. This team has a proven record of creating significant value in managing successful large projects. Our management and employees have proven operations experience in numerous hydrocarbon plays including conventional heavy oil, cretaceous sandstone and carbonate reservoirs.