Download - Imperial Oil
Download - Imperial Oil
Download - Imperial Oil
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Kearl 345 kbd – Initial Development + Expansion<br />
Design one, build many development plan<br />
kbd<br />
Kearl Development Plan<br />
400<br />
Regulatory Approval @ 345 kbd<br />
300<br />
200<br />
100<br />
0<br />
Expansion<br />
Initial Development<br />
• Reconfigured from 3 phases to Initial<br />
Development and Expansion<br />
• Incorporates Alberta’s Directive 74<br />
issued in 2009 for tailings reclamation<br />
• With 2 phases plus debottlenecking will<br />
achieved approved regulatory capacity<br />
of 345 kbd*<br />
• Different development plan incorporates<br />
new regulation and optimizes full<br />
resource development<br />
– $10.9 billion sanctioned for reconfigured<br />
initial development plan<br />
Full resource development cost remains at ~$5 / bbl<br />
* gross before royalties
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