The Legend region consists of 27 Oil Sands Leases covering 65,024 contiguous gross hectares and is located within the Athabasca oil sands region in township 96 and range 18 west of the fourth meridian, approximately 115 km from Fort McMurray and 15 km from West Ells.
On the basis of Sunshine's assumptions, we anticipate that Legend will have a 44-year productive life, achieving greater than 110,000 bbl/d of bitumen for 20 years. A 10,000 bbl/day commercial SAGD application to construct the first phase at Legend was submitted on November 25, 2011.
The Legend area will also be developed in phases to control costs, implement improvements in recovery technologies and capture efficiency. The Legend asset team has completed the DBM (design base memorandum) and is progressing FEED (front end engineering and design).