2 C; I got the following information from OPTI's Q3 report concerning their Upgrader. I appears that OPTI has experienced high cost overruns and they are pushing back their Phase II development until 2010 which I assume is the increase in their SAGD production along with the increase in their Upgrader capacity.

"The combination of current SAGD production levels and externally sourced bitumen is

expected to be sufficient for start-up of the Upgrader. We anticipate that by year-end 2008 we will be

producing approximately 25,000 bbl/d of bitumen and expect to ramp up to full design rates of 72,000 bbl/d

(36,000 bbl/d net to OPTI), upgraded into 58,500 bbl/d of PSC™, in early 2010.

Construction cost centres for SAGD and Upgrader have been closed since March 2008. Three cost centres

remain on Phase 1 of the Long Lake Project: Upgrader start-up, the steam expansion project, and the ash

processing unit. Start-up activities on the Upgrader have taken longer than expected and, as a result, these

costs from April 1, 2008 through Upgrader start-up are now expected to be approximately $285 million

versus our March estimate of $165 million. Construction of the steam expansion project is ongoing with

expected mechanical completion by year-end. Upon an evaluation of recent trends it has been estimated

that the cost to complete this project, which began construction in 2006, has increased from an overall cost

of $395 million to $550 million. The primary reasons for the increases are higher than estimated field labour

costs and increased schedule duration. Construction on the ash processing unit has been temporarily halted

to allow for a safe Upgrader start-up.

Advancing Future Phases

2) mregulations. The additional time is expected to allow us to increase the level of execution preparation

and planning in advance of a sanctioning decision."