AER is dispatching an inspector to the nearly completed Fort Hills mine in northern Alberta.
Its share of remaining project capital is between $1.6 billion and $1.8 billion; most to be spent this year.
Project was shelved during 2008 financial crisis; to start production in 2017.
Firebag 4 came in under budget and the pace of Total developments.
Three joint venture projects up for review based on shareholder value.
Energy companies Total E&P Canada Ltd. and Suncor Energy Inc. have formed a strategic oil sands alliance involving assets both companies have in Alberta’s Athabasca region.