Some posters make conclusion based on info presented by daily newspaper.

This is what the Oilsand industry insider (2 Crude) posted on this board just recently (Nexen and OPC are the partners for Logan Lake Plant). Wonder, who would you trust with your money.

OPC has 35% interest in a ~60k bbl/d plant and upgrader, that produces a higher priced product and syngas to make steam and marketable power.....

Long lake is at about 22-24k bbl/d currently and will likely be at 30-35 exiting the year.

CLL will exit this year at about 11-13k bbl/d

OPC has about 2X the debt CLL has, but more than 2X the cashflow...with more potential to increase that in the near future. ie; OPC assumed 2X the debt to build an asset that is capable (by design) to make >4 times CLL's. by the time CLL gets to 50k bbl of bitumen, OPC will be making more than that in PSC...and not have to assume any more debt and have been doing it for more years.

OPC has 2X the reserve base as CLL

OPC has a very strong JV partner in NXY.

OPC has less shares outstanding therefore more potential to return % on investment given the items i have laid out above.

i think there will be challenges for OPC but, currently, OPC will outperform CLL provided the SAGD side can resume their ramp rate as they have in the last 8 months. they have had alot of problems that i am critical of from an engineering and operations standpoint, but to say that in 5 years CLL will return more to a shareholder than OPC is borders on insanity.

2C