Business
Unscheduled maintenance suspends production at the Muskeg River Mine
Unscheduled maintenance suspends production at the Muskeg River Mine.
About this update from Mapath Capital Corp
[{"type":"text","content":"\n\n\n\n\nCALGARY, Feb. 24 /CNW/ - Shell Canada announced today that bitumen\nproduction at the Muskeg River Mine oil sands facility has been suspended\nwhile unscheduled maintenance work is undertaken on a large conveyor belt.\nEarly on February 24, 2006, a major tear was discovered in the conveyor\nbelt that transports ore from the crushers in the mine to the bitumen\nextraction plant. Bitumen production at the mine has been shut down and will\nremain suspended until a full assessment can be completed and a course of\naction determined. Synthetic crude oil production at the Scotford Upgrader has\nbeen reduced pending the resumption of bitumen production from the mine.\nFurther updates will be provided when more information becomes available.\nThe Muskeg River Mine is located about 75 kilometres north of Fort\nMcMurray, Alberta. The Scotford Upgrader is located near Fort Saskatchewan,\nnortheast of Edmonton. Together, these facilities make up the Athabasca Oil\nSands Project, a joint venture among Shell Canada Limited (60 per cent),\nChevron Canada Limited (20 per cent) and Western Oil Sands L.P. (20 per cent).\n\nThis document contains \"forward-looking statements\" based upon\nmanagement's assessment of the Corporation's operations. The forward-looking\nstatements contained in this document include references to future production\nand operational reliability. Readers are cautioned not to place undue reliance\non forward-looking statements. Forward-looking statements involve numerous\nassumptions, known and unknown risks, and uncertainties that may cause the\nCorporation's actual performance or results to differ materially from any\nestimates or projections of future performance or results expressed or implied\nby such forward-looking statements. These assumptions, risks and uncertainties\ninclude, but are not limited to, operating conditions, operating costs, and\nother factors, many of which are beyond the control of the Corporation.\nAlthough the Corporation believes that the expectations represented by such\nforward-looking statements are reasonable based on the information available\nto it.\n\n\n\n\n","length":2179,"tagName":"div"}]