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sunshine oilsands ltd (2012) Snapshot

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sunshine oilsands ltd (2012) Details

Sunshine Oilsands Ltd. evaluates and develops oil sands leases in the Athabasca oil sands region in Alberta, Canada. The company portfolio of oil sands leases comprising three asset categories, including clastics, carbonates, and conventional heavy oil. It owns a 100% interest of approximately 1,039,127 acres of oil sands, and PNG leases and licenses located primarily in the West Ells, Thickwood, Legend, Harper, Muskwa, Goffer, and Portage regions in the Athabasca area. Sunshine Oilsands Ltd. was incorporated in 2007 and is headquartered in Calgary, Canada.

74 Employees
Last Reported Date: 03/29/16
Founded in 2007

sunshine oilsands ltd (2012) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: C$220.8K
President, Chief Operations Officer and Execu...
Total Annual Compensation: C$300.0K
Chief Technology Officer and Executive Direct...
Total Annual Compensation: C$496.5K
Compensation as of Fiscal Year 2015.

sunshine oilsands ltd (2012) Key Developments

Sunshine Oilsands Ltd. Appoints Dan Shea as Canadian Corporate Secretary

Sunshine Oilsands Ltd. announced the appointment of Dan Shea as Canadian Corporate Secretary. Mr. Shea is an associate at Dentons Canada LLP, whose practice focuses principally on capital markets transactions. He has handled a wide range of public and private debt and equity financings for issuers and their underwriters, including initial public offerings and investment grade and high-yield financings. He has also worked on a broad range of mergers and acquisitions.

Sunshine Oilsands Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Sunshine Oilsands Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, loss before income taxes was CAD 26,654,000 against CAD 30,413,000 last year. Net loss and comprehensive loss attributable to equity holders of the company was CAD 26,654,000 or CAD 0.01 per basic and diluted share against CAD 30,413,000 or CAD 0.01 per basic and diluted share last year. Interest income was CAD 12,000 against CAD 36,000 last year. Payments for property, plant and equipment was CAD 11,690,000 against CAD 36,512,000 last year. Net cash from operating activities was CAD 1,610,000 against net cash used in operating activities of CAD 6,991,000 last year. For the nine months, loss before income taxes was CAD 50,073,000 against CAD 80,374,000 last year. Net loss and comprehensive loss attributable to equity holders of the company was CAD 50,073,000 or CAD 0.01 per basic and diluted share against CAD 80,374,000 or CAD 0.02 per basic and diluted share last year. Interest income was CAD 35,000 against CAD 446,000 last year. Net cash used in operating activities was CAD 2,878,000 against CAD 16,352,000 last year. Payments for property, plant and equipment was CAD 27,642,000 against CAD 124,688,000 last year.

Sunshine Oilsands Ltd. to Report Nine Months, 2016 Results on Nov 10, 2016

Sunshine Oilsands Ltd. announced that they will report nine months, 2016 results on Nov 10, 2016

 

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