Canadian Oil Sands Limited is a pure investment opportunity in light, sweet crude oil. Through its 36.74% interest in the Syncrude project, the Company offers a robust production stream of fully upgraded crude oil. Syncrude is located near Fort McMurray, Alberta, Canada and operates oil sands mines, bitumen extraction plants, an upgrading complex that processes bitumen into a synthetic crude oil and utility plants. Syncrude�s leases are located in the Athabasca oil sands deposit. Syncrudes reserves and resources are all considered to be recoverable through surface mining, meaning that the layers of oil sands are found beneath a relatively shallow overburden layer.