Imperial Oil Sustained Energy Leadership Peters & Co. Paul J. Masschelin September 14, 2011 Senior V.P. Finance & Admin., Treasurer
Cautionary Statement This presentation contains forward-looking information on future production, project start-ups and future capital spending. Actual results could differ materially due to changes in project schedules, operating…
Coast to coast to coast Integrated company providing energy products and innovation for over 130 years Beaufort Taglu 69.6% owned by ExxonMobil Central Mackenzie Norman Competitive advantages Valley Wells Discipline and…
Superior ROCE Sustained industry-leading return on capital employed Return on capital employed % IMO Strength of asset base Focus on extracting maximum value from each asset HSE CVE Disciplined investment 2010 ROCE 30% ex Kearl…
Superior shareholder returns Providing superior long-term return to shareholders 5
High quality portfolio Development opportunities position us well for decades to come Proven Reserves / Non-proved Resource* Athabasca Syncrude billion mineable oil equivalent barrels oil sands 8 GBO Kearl Athabasca mineable…
Oil sands and gas resources drive production growth 40% growth in oil sands production by 2013 More than double Upstream production by 2020 Production Outlook* kboed 600 new gas 400 oil sands oil 200 sands…
Kearl a premier oil sands asset High-quality oil sands resource provides long-life earnings contribution Imperial Oil/ExxonMobil joint development Imperial Oil 71% Large, long-life resource 4.6 billion bbls 40 years production at…
Kearl a long-life asset High quality oil sands project with low unit development cost Full resource development cost at 5 / bbl Revenue Components at 2010 Oil Price per OEB Earnings / Earnings / Government Government Take Take…
Managing costs - the ExxonMobil relationship Only publicly-traded O&G company in Canada with this depth of global access and support ExxonMobil Strengths Kearl Benefits Disciplined investment approach Execute through down cycle…
Cold Lake a premier in-situ asset With over 1 billion barrels already produced, Cold Lake is poised for another expansion and sustained production for decades to come Cold Lake production* Cost Management kbd Nabiye Mahkeses Phased…
Syncrude a premier mining asset Long-life asset with short-term and long-term opportunities Mining / upgrading joint venture 25% Imperial ownership; 2010 production 73 kbd * 700 million barrels (IOL share) proved reserves 25 years…
Downstream and Chemical value in integration Generating cash to fund Upstream growth Cumulative net cash generation billion Premier businesses Sources of cash Technology synergies with the Upstream Selectively invest for…
Financial strength enables growth Plans to spend 35 40 billion dollars this decade on Upstream growth projects Capital and exploration expense million Disciplined investment strategy Resilience through business cycles Supported by…
Imperial Oil long term growth Relentless focus on maximizing long-term shareholder value Industry leadership through the business cycle Canadas leading portfolio of energy businesses, assets and opportunities Continuous improvement…
For more information www.imperialoil.ca For more detailed investor information, or to receive annual and interim reports, please contact: John A. Charlton Manager, Investor Relations Imperial Oil Limited 237 Fourth Avenue SW Calgary,…