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Cross
Oilsands Contracting Ltd. ("Cross") provides
full cycle oil sands services |
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Site preparation, mining support and site reclamation |
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Oil
Sands contractor with established footprint in
Fort McMurray |
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Recapitalized
in January 2007 to meet expansion and market
demands |
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Skilled
workforce and proven union relations |
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Contract with operators' union that outlines
labour costs through 2011 |
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Provides certainty of labour cost structure |
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Committed
to expansion of heavy equipment fleet and increased
unit capacity |
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Equipment
capital expenditures in 2007 - $60 million; Budget
for 2008 - $60 million |
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Equipment
budget for 2008 will focus on addressing customer
requirements |
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Management,
Directors and Shareholders have a proven mining
track record |
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