HONG KONG, April 14, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine") (HKEX:
2012; TSX: SUO) is pleased to announce that Mr. Mark Montemurro has agreed to
join Sunshine as Senior Vice President, Engineering & Geosciences. Mr.
Montemurro has over 25 years of experience in technology, construction and
production operations with extensive thermal in-situ oil sands experience. Mr.
Montemurro was involved in the initial phases of the Christina Lake and Senlac
producing SAGD facilities at PanCanadian Energy Corporation and CS Resources
Limited as well as at Deer Creek directing their Joslyn operations. Most
recently, Mr. Montemurro was Vice President In Situ and Innovation at
Laricina, a private oil sands company with clastic and carbonate thermal
operations in Alberta.
Sunshine wishes to thank Laura Sullivan, the previous Senior Vice President
Engineering & Geosciences, for her contribution as she pursues other personal
interests outside the country.
For Mr. Montemurro's complete biography, please visit company website.
About Sunshine Oilsands Ltd.
Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") is a Calgary based
public company, listed on the SEHK since March 1, 2012 and the Toronto Stock
Exchange since November 16, 2012. Sunshine is focused on the development of
its significant holdings of oil sands leases in the Athabasca oil sands
region. The Corporation owns 100% of approximately 1.1 million acres of oil
sands leases, equivalent to approximately 7% of the total oil sands leases
granted in the Athabasca region. The Corporation is currently focused on
executing milestone undertakings in the West Ells project area, where first
steam is scheduled for the third quarter of 2013. West Ells has an initial
production target rate of 5,000 barrels per day, which will be followed
immediately by an approved expansion to a planned production capacity of
10,000 barrels per day in early 2014. In addition to West Ells activities,
Sunshine is progressing regulatory approvals for two additional 10,000 barrels
per day projects, one in Thickwood and one in Legend and various expansion
Sunshine Oilsands Ltd., Mr. John Zahary, President & CEO, Mr. David Sealock,
Executive VP, Corporate Operations, Tel: (1) 403 984 1446, Email:
email@example.com, Website: www.sunshineoilsands.com
SOURCE: Sunshine Oilsands Ltd.
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-0- Apr/15/2013 00:26 GMT
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