2014 RBC Capital Markets Global Energy and Power Conference New York June 2, 2014 Ryan Kubik President & Chief Executive Officer Canadian Oil Sands Limited
Syncrude: A High Quality Resource Established production base Long-life reserves Fully upgraded light, sweet crude oil Proven operator and proven technology Predictable reservoir recovery over 90%
Compelling Valuation Relative to New Mining Projects Project(s) Cost estimate/ Production Product per flowing bbl Enterprise value1 capacity (bbl/d) Syncrude 12.4 billion 128,000 Light, sweet 97,000 (COS share) synthetic Kearl Lake 2…
COS Investment Catalysts 1. Production growth through improved reliability These four catalysts represent potential to improve total shareholder 2. Completion of remaining major projects return Mildred Lake Mine Replacement (MLMR)…