Brief: Sunshine Oilsands updates on West Ells Phase II project expansion
March 20 (Reuters) - Sunshine Oilsands Ltd 2012.HK
* Corporation and China Petroleum Engineering & Construction
Corporation (CPECC) have signed a memorandum of understanding
* Total capital required for completion of phase II is
expected to be approximately USD50M
* MOU in relation to West Ells Phase II project expansion
* Average production costs per barrel is expected to be
significantly reduced after phase ii expansion
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Further company coverage: 2012.HK
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