Oil Sands By hsci408 Jan 1, 1923 First oil sands extraction plant built near For McMurray Jan 1, 1930 300 Barrels of bitumen is extracted during the summer Jan 1, 1936 Abasand Oils Ltd. opens separation plant on the Horse River - producing 200 barrels a day Jan 1, 1967 The Great Canadian Oil Sands Project (now Suncor) opens.