Suncor Steve Reynish, EVP Strategy & Corporate Development Steve Douglas, VP & IRO Presentation to Credit Suisse Institutional Investor Conference February 24, 2015
Profitable portfolio of oil producing assets Growing oil sands business with complementary upstream & downstream operations 61B enterprise value1 Dec 31, 2014 555 mb/d mb/d oil production Q4 2014 38 years 2P reserve life…
Disciplined capital and cost management Suncor Oil Sands Operations Capital & Cash Flow from Operations1 Cash Operating Costs1 C billions C/bbl CFOPs1 39.05 9.7 9.7 9.4 37.05 37.00 9.1 33.80 Capital & Exploration 30.00…
Financial resilience 10 Credit 8 undrawn facilities As at Dec 31, 2014 C billions 6 Remaining CFOPs1 Cash projected 4 2014 Sustaining & Cash capital spend Capital2 Equivalents 2016 and 20172 2015 As at Dec 31, 2014 60…
Delivering on growth Firebag and Golden Eagle delivered on budget ramping up Fort Hills and Hebron met all development milestones in 2014 tracking to first oil in 2017 Extraction and Tailings Separation Cell Erection 5