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…
Imperial Oil A history of success, commitment to long term growth Market Cap 38 billion The only AAA credit rating in Canada (S&P) Industry leading return on capital employed Investing 40 billion to double upstream production by…
Imperial Oils business model Deliver superior, long-term shareholder value 1. Operational excellence, responsible growth 2. Long-life, advantaged assets 3. Value chain integration and synergies 4. Disciplined investment, cost…
Operational excellence, responsible growth Consistent discipline throughout our business of incidents per 200K hours Safety is key indicator of US Petroleum Industry operations excellence 0.2 Benchmark - Contractors US…
Long-life, advantaged assets Upstream - predominantly oil sands and liquids YE 2012 proved reserves billion oeb* Initial development producing; 4 construction of expansion on target 3 Aurora North Mine Train Relocation and…
Kearl expansion project 60% complete On schedule and on budget for late 2015 start-up Funded in 2011 for 8.9 billion 110 kbd additional production Kearl Initial Development May 2011 Full Funding + 18 months Kearl Expansion…
Cold Lake Nabiye project 60% complete 40 kbd additional production Funded in 2012 for 2 billion Design one, build multiple replicates Mahkeses 8 TD Securities 2014 LONDON ENERGY CONFERENCE
Long-life, advantaged assets Downstream - increasing transportation options for long-term flexibility Imperial Oil-Kinder Morgan rail venture Strathcona crude loading / Nanticoke Capacity up to 250 kbd crude offloading capabilities…
Value chain integration and synergies Delivering value and competitive advantage across the business chain Price advantaged crude at Imperial refineries Rail capacity increasing Line 9a reversal start- up 1Q14 68% 75% 77% 80%…
Disciplined investment, cost management Positioned for long-term competitive advantage Design one, build multiple strategy for growth Cold Lake Nabiye Kearl Expansion project Future SAGD developments Asset rationalization…
High impact technologies and innovation Kearl successfully applies Paraffinic Froth Treatment (PFT) Patented PFT technology produces marketable dilbit without need for upgrader Kearl crude run at six ExxonMobil refineries,…
High impact technologies driving environmental performance Kearl emissions comparable to average barrel of crude refined in U.S. Wells-to-wheels GHG emissions kgCO2/bbl of refined products Average barrel refined in U.S.1…
High impact technologies and innovation Solvent Assisted-SAGD being piloted Schematic of SA-SAGD pilot Potential for Imperials Aspen project located northeast of Fort McMurray, Alberta Steam-assisted gravity drainage development…
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,…
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