Canadian oil sands:Last big play in a stable nation

摘要

Canada's oil sands represent the"last big oil play in a politically stable nation,"and offer a"tremendous opportunity to boost reserve profiles"in North Amer-ica,says Barry Munro,managing partner at Ernst&Young in Calgary.Given recent events,such as strained U.S.-Iran and Turkish-Kurdistan relations,and the growing inclination of national oil companies to impose restrictions on foreign energy development,oil sands are looking more like a preferred,long-lived and predictable investment opportunity.