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Cold Lake – a premier in-situ asset<br />

With over 1 billion barrels already produced, Cold Lake is poised for<br />

another expansion and sustained production for decades to come<br />

Cold Lake production*<br />

kbd<br />

• Long-life, highly profitable,<br />

100% interest<br />

200<br />

160<br />

Mahihkan<br />

Mahkeses<br />

Nabiye<br />

• Technology development<br />

underpins recovery<br />

enhancement<br />

120<br />

80<br />

Pilots<br />

Maskwa<br />

• History of phased<br />

development<br />

Design one, build many<br />

40<br />

0<br />

1980 1990 2000 2010<br />

* before royalties<br />

future<br />

Plant

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