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Kearl Oil Sands Showing Promise for Imperial Oil

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Kearl Oil Sands Showing Promise for Imperial Oil

Imperial Oil Ltd. has announced fourth quarter operating and financial results.

Rich Kruger, Chairman, President and Chief Executive Officer of Imperial Oil, commented:

Imperial achieved a number of significant milestones in 2013 as we continue to focus on delivering superior, long-term shareholder value. Highest among our priorities is safety. Despite working more than 44 million hours, our second highest on record, we achieved workforce safety performance on par with 2012's best-ever results.

Most notable among our achievements was the start-up of our Kearl oil sands mining project, the largest capital investment in the company's history. With a large, high-quality resource and next-generation technologies, Kearl will contribute to the company's performance for decades to come. Other…

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