TORONTO, April 1 (Reuters) - Suncor Energy Inc:
* CEO says can make good money on existing oil sands production with $50 oil
* CEO says $40 per barrel price a challenge for existing oil sands output
* CEO sees costs coming down for new oil sands developments
* CEO says oil could test $40 one more time in 2009 then steadily rise ((Toronto Newsroom, 416-941-8100)) (For more news about Suncor Energy click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* CEO says can make good money on existing oil sands production with $50 oil
* CEO says $40 per barrel price a challenge for existing oil sands output
* CEO sees costs coming down for new oil sands developments
* CEO says oil could test $40 one more time in 2009 then steadily rise ((Toronto Newsroom, 416-941-8100)) (For more news about Suncor Energy click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.