OPTI Canada Inc. (OPTI) is a Canada-based company, which has a 35% working interest in the Long Lake Project, which is operated by Nexen Inc. (Nexen). OPTI focuses on developing major oil sands projects in Canada. The first phase of the Project consists of 72,000 barrels per day of steam assisted gravity drainage (SAGD) oil production. It is located on its Long Lake lease 42 kilometers southeast of Fort McMurray, Alberta and includes the Long Lake SAGD Operation and the Long Lake Upgrader. The Long Lake lease covers an area of 47 sections. The Long Lake Project is a joint venture between OPTI and Nexen. Its projects include Oil Sands Review, Reserves and Resources, Long Lake Project: Phase I and Kinosis.