Examples of FCCL Partnership in a sentence
FCCL Partnership and WRB Refining LP are not separate tax paying entities.
Upon discharge, the defendant is subject to the provisions of chapters 207 and 227.
On May 17, 2017, Cenovus acquired from ConocoPhillips Company and certain of its subsidiaries (collectively, “ConocoPhillips”) a 50 percent interest in FCCL Partnership and the majority of ConocoPhillips’ western Canadian conventional crude oil and natural gas assets (the “Deep Basin Assets”).
The results are used to ad- just the objectives, activities and budgets.
The upstream entity, FCCL Partnership, is involved in the development and production of crude oil and is jointly controlled with ConocoPhillips.
FCCL Partnership 1 WRB Refining LP 1Statements of EarningsFor the twelve months ended December 31, 2012 2011 2012 2011 Revenues 3,132 2,364 9,160 8,672Expenses Purchased product-- 7,3397,223Operating, transportation and blending and realized (gain)/loss on risk management 1,944 1,397 552 473 Operating Cash Flow1,1889671,269976Depreciation, depletion and amortization303205135130Other expenses (income) 1 (136) 4 (4) Net Earnings (Loss)8848981,1308501.
A significant portion of the operating cash flows from the Oil Sands, and Refining and Marketing segments are derived through jointly controlled entities, FCCL Partnership (“FCCL”) and WRB Refining LP (“WRB”), respectively.
FCCL Partnership WRB Refining LP December 31,December 31,December 31,December 31,As at2012201120122011 Cash and Cash Equivalents 388 145 172 166Other Current Assets7617921,1111,236Long-term Assets7,5996,8643,0873,188Current Liabilities350317566759Long-term Liabilities137835873 18.
Substantially all of the Company’s Oil Sands and Refining activities are conducted through two joint operations, FCCL Partnership (“FCCL”) and WRB Refining LP (“WRB”), and accordingly, the accounts reflect the Company’s share of the assets, liabilities, revenues and expenses.
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