Cover Photograph Fort Hills overburden removal Taking advantage of the downcycle & outlook for oil sands Published November 17, 2016
Suncor Oil Sands (OS) A world class resource 35yrs OS 2P reserve life index1 C9.25/bbl OS sustaining capex2 C25.50/bbl OSO cash costs3 < 3% OS decline rate C33.50/bbl Syncrude cash costs3 Suncor operated properties Syncrude…
Suncor as the natural oil sands developer Localized resource base Strategic asset integration 100% working interest Joint ownership Fort Hills Syncrude Joslyn Firebag In Situ Syncrude MacKay River In Situ Lewis In…
Profitably growing production Potential production sources Sustainment of a vast and high quality asset base Accretive acquisitions Organic inflight projects Further optimization of operating assets 1,000 Low cost debottlenecks…
Strong through the down cycle, even stronger on the rebound Performance January 1, 2014 baseline 2014 2015 2016 2017 25% Strip pricing SU-TSX WTI US Large Integrateds US E&Ps 0% -25% 2014: As oil fell SU continued to…
The future is bright for Suncor Growth from inflight projects Cash generation upside sensitivity Production1 increase Benchmarked off YTD 2016 3623M CFOPs3 and US41.80 realized Brent pricing, (mbpd) 0.76 C/US, US13.95 NYH crack…
Disciplined capital allocation Capital allocation Upstream CFOPs Midstream Maintain strong balance sheet Downstream Sustain current asset base and production Invest in organic growth5 2.8 Billion Complete Fort Hills and…
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