Posted AT 6:36 AM EST on 13/11/09
Suncor budgets $5.5-billion for spending
Calgary Suncor Energy Inc. plans to grow its oil sands production by 10 to 12 per cent a year over the next decade, but does not yet know where the proposed Fort Hills oil sands mine will fit into its growth.“I know I'll disappoint some people on this phone call, because they'll expect us to announced the next string of projects,” said chief executive officer Rick George. “We will get to that.
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