Canadian Oil Sands posts $831M in 2005 profit

Annual profits at Canadian Oil Sands Trust (TSX:COS.UN) jumped 63 per cent to $831 million as cash flow topped the $1 billion mark, the big oilsands operator reported Wednesday.

With Stage 3 coming on line later this year, Syncrude’s yearly production is expected to range between 95 million and 110 million barrels.