Canadian Oil Sands Limited, through its interests in the Syncrude Joint Venture, produces and sells synthetic crude oil and non-declining crude oil reserves. It holds 36.74% interest in the Syncrude project, an oil sands mining project located in Fort McMurray, Alberta. The company was founded in 1995 and is headquartered in Calgary, Canada. As of February 22, 2016, Canadian Oil Sands Limited operates as a subsidiary of Suncor Energy Inc.