22.12.2013 Views

Download - Imperial Oil

Download - Imperial Oil

Download - Imperial Oil

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Long-life asset<br />

High quality oil sands project with low unit development cost<br />

kbd<br />

400<br />

300<br />

200<br />

GOM<br />

Deepwater<br />

Kearl Comparison<br />

Expansion<br />

• Long-term plateau production<br />

profile<br />

100<br />

0<br />

40<br />

0<br />

Initial Development<br />

Revenue Components at 2010 <strong>Oil</strong> Price<br />

$ per OEB<br />

80<br />

Earnings /<br />

Government<br />

Take<br />

Bitumen<br />

Discount<br />

Operating<br />

Cost<br />

Development<br />

Kearl<br />

Source: Wood MacKenzie<br />

Earnings /<br />

Government<br />

Take<br />

Operating<br />

Development<br />

Cost<br />

Industry GOM<br />

Deepwater<br />

• Lower combined unit<br />

development and operating<br />

costs<br />

• Competitive with industry Gulf<br />

of Mexico deepwater<br />

developments

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!