Suncor Energy is saying that they earned $480 million in the second quarter of this year. That's compared to a second quarter loss of $51 million for the same time last year.

The increase in operating earnings was primarily due to additional upstream production as a result of the August 2009 merger with Petro-Canada.

ConocoPhillips posted their second quarter earnings, which are a sharp contrast to the same period of 2009.

They reported second quarter earnings of $4.2 billion, compared to $900 million in the second quarter of last year.

On Thursday, August 5, 2010 from 5 PM to 8 PM at the Stonebridge Hotel, Atrium Room

The Engineering Department of the Regional Municipality of Wood Buffalo will be holding an open house to provide information about these upcoming projects scheduled to occur in the Lower Townsite.

• Franklin Avenue Revitalization
• Franklin Avenue - Highway 63 Interface
• Lower Townsite West Loop Road - Hardin Street Utilities Upgrading
• Water Supply Line from Water Treatment Plant to Kind Street Booster

This is a public open house and everyone is welcome to attend and learn more about these projects.

If you require any additional information regarding the open house please contact:

Jennifer Johnson, Advisor of Media and Public Relations, 780-788-4364 or email jennifer.johnson@woodbuffalo.ab.ca

Suncor and CEP Local 707 have reached a tentative Agreement
Special Membership Meetings have been called for and will take place at:

MacDonald Island Ice Surface

Tuesday July 20th , 2010
9:30 am and 9:30 pm

And

Wednesday July 21st 2010
9:30 am and 9:30 pm

Voting will take place after the meetings and will continue each day thereafter at the Union Hall
Polling at the Hall

Thursday July 22nd through to and including Thursday July 29th 2010
Hall polling hours will be:

8 am to 10 pm
Poll will close at 10 pm Thursday July 29th

Calgary-based Opti Canada is reporting they lost $152 million dollars in the second quarter this year. Meanwhile, the company also reported an increase in their operating expenses, which grew from 39 million dollars up to 53 million. The loss was affected by hedging contracts for future oil delivery.