OIlsands Review Project Status May 2012

CUrrEnt PrOJECt CAPACIty StArt-UP rEGUlAtOry StAtUS

NORTH aTHaBaSCa REGION — mINING

Canadian Natural Resources Limited

• Horizon updated: apr 2012

Canadian Natural reports that it has successfully completed unplanned maintenance on the fractionat-ing unit in its primary upgrading facility and restarted operations. The outage lasted from February 5 to March 13.

Phase 1 135,000 2008 Operating

Phase 2A 10,000 2014 Approved

Phase 2B 45,000 TBD Approved

Phase 3 80,000 TBD Approved

Imperial Oil Limited

• Kearl updated: apr 2012

Imperial Oil says that construction of Kearl Phase 1 is approximately 87 per cent complete and progressing on schedule. Reassembly of modules reduced in size to be transported on U.S. interstate routes continues at site.

Phase 1 110,000 2012 Construction


Phase 3 Debottleneck 70,000 2020 Approved

Shell albian Sands

Jackpine updated: Jan 2012

The Canadian Environmental Assessment Agency recently invited public comment on a revised draft agreement to establish a joint panel for review of the Pierre River Mine project, as well as revisions to the existing joint panel agreement for the review of the Jackpine Mine expansion project.

Expansion 100,000 2017 Approved

Phase 1A 100,000 2010 Operating


muskeg River updated: Jan 2012

Commercial 155,000 2002 Operating

Expansion & Debottlenecking 115,000 TBD Approved

Pierre River updated: Jan 2012

Phase 1 100,000 2018 Application

Phase 2 100,000 TBD Application

Suncor Energy Inc.

• Base Operations updated: apr 2012

Suncor reported in March that one of its two upgraders was being taken down for unplanned main-tenance due to fractionator performance issues. The work was expected to take three to five weeks to complete and is not anticipated to result in changes to production guidance. In the fourth quarter of 2011, Suncor began to mine ore from the North Steepbank Extension.

Millennium Debottlenecking 23,000 2008 Operating

Millennium Mine 294,000 1967 Operating


North Steepbank Extension 180,000 2012 Operating

Steepbank Debottleneck Phase 3 4,000 2007 Operating

fort Hills updated: Nov 2011

Current capital expenditures for Fort Hills are around design base memorandum engineering.

Debottleneck 25,000 TBD Approved

Phase 1 165,000 2016 Approved

Voyageur South updated: Nov 2010


Syncrude Canada Ltd.

mildred Lake/aurora North & South updated: mar 2012

Canadian Oil Sands reports that front-end engineering and design is now complete for its $4.6-billion Mildred Lake mine train replacements. The target in-service date for the $1.6-billion Syncrude Emissions Reduction Project has now been extended into the first quarter of 2012.

Aurora South Train 1 100,000 2016 Approved

Aurora South Train 2 100,000 2018 Approved

Base Mine Stage 1 & 2 Expansion 290,700 1978 Operating

Stage 3 Expansion 116,300 2006 Operating

Teck Recources Limited

• frontier updated: apr 2012

The Canadian Environmental Assessment Agency has announced that a period of public comment is underway and participant funding is being allocated. Comments are being accepted until June 4.




Phase 4 Equinox 40,000 2030 Application

Total E&P Canada Ltd.

Joslyn North mine updated: Nov 2011

Project partner Suncor Energy says that current capital expenditures are around geological, engineer-ing, regulatory and environmental studies.


Joslyn South mine updated: Dec 2010

Phase 1 100,000 TBD Announced

Northern Lights mine updated: Nov 2010

Phase 1 57,250 TBD On Hold


Peace River Region

Athabasca Region

Northwestern Saskatchewan

Industrial Heartland Region

Cold Lake Region

Sourced from company releases, the Energy Resources Conservation Board and the Daily Oil Bulletin, with files from Strategy West. For changes and updates, please contact Deborah Jaremko at [email protected]. Disclaimer: Oilsands Review accepts no liability for errors or inaccuracies in the information provided in this report.

PROJECT STATUS05.12

For even more details on all of these projects, visit www.oilsandsreview.com.

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E-T Energy Ltd.

Poplar Creek updated: feb 2012

E-T is now working on what it calls Step 3 of its pilot, intended to look at equipment reliability and fine tuning of its well patterns. The next step will be a commercial 10,000-barrel-per-day project. E-T plans to access the IPO market in 2012.


Phase 2 40,000 2016 Announced

Pilot 1,000 2007 Operating

Husky Energy Inc.

Sunrise updated: feb 2012

Husky says Phase 1 construction remains on schedule for first production in 2014. More than half of the 49 SAGD well pairs are complete and Husky says drilling costs are trending on budget. Installa-tion of foundations for the main plant and delivery of first major equipment began in January.





Ivanhoe Energy Inc.

• Tamarack updated: apr 2012

Ivanhoe says it expects to respond to a second round of supplemental information requests from the ERCB in the second quarter.



marathon Oil Corporation

Birchwood updated: Sep 2011

Pilot 12,000 2016 Announced

Oak Point Energy Ltd.

Lewis updated: Nov 2011

Oak Point Energy reports that engineering and procurement is ongoing.

Pilot 1,720 2013 Application

Southern Pacific Resource Corp.

STP mcKay updated: feb 2012

Southern Pacific says construction is nearing completion and it remains on track for first steam near the end of the second quarter of 2012, with production to commence three to four months from first steam date.


Phase 2A 12,000 2015 Application

Phase 2B 12,000 TBD Application


NORTH aTHaBaSCa REGION — IN SITu

athabasca Oil Sands Corp.

• Birch updated: apr 2012

AOSC says the updated contingent resources on its Birch holdings total 1.9 billion barrels. The company plans to submit its Birch regulatory application in late 2012 based on additional drilling and 3-D seismic.


• Dover West Clastics updated: apr 2012

Application for the 12,000-barrel-per-day Phase 1 was filed in December 2011. AOSC has initiated work on a 65-kilometre permanent access road to the Dover West area.




• Dover West Leduc Carbonates updated: apr 2012

AOSC says that the performance of electrical heaters as part of its TAGD test has exceeded expectations.

Phase 1 Demonstration 6,000 2014 Application

Phase 2 Demonstration 6,000 TBD Application


Birch mountain updated: mar 2012



Cenovus Energy Inc.

Telephone Lake Borealis updated: Jan 2012

Cenovus has filed the environmental impact assessment for a 90,000-barrel-per-day phase com-mercial project at Telephone Lake.

Phase A 45,000 TBD Application

Phase B 45,000 TBD Application

Dover Operating Corp.

• Dover updated: apr 2012

Dover OpCo says the project is in the final stages of the regulatory review process.


Subsequent Phases 200,000 TBD Application

• macKay River updated: apr 2012

ERCB project approval granted January 2012. Dover OpCo says construction is underway.





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West Ells updated: Jan 2012

Sunshine has received regulatory approval to proceed with a 10,000-barrel-per-day SAGD project at West Ells. Former Harvest CEO John Zahary has been appointed president and CEO.





Value Creation Inc.

Terre de Grace updated: mar 2012

Pilot 10,000 TBD Approved

SOuTH aTHaBaSCa REGION — IN SITu

alberta Oilsands Inc.

• Clearwater West updated: apr 2012

Alberta Oilsands says it responded to the second round of supplemental information requests from the ERCB in December 2011. The company anticipates approval for the Clearwater West pilot in 2012.



athabasca Oil Sands Corp.

Hangingstone updated: Jan 2012

AOSC says the engineering design basis memorandum is complete, and certain long-lead items have been procured such as evaporators and boilers. Construction is targeted to start in late 2012.




BlackPearl Resources Inc.

Blackrod updated: feb 2012

Alberta Environment and Water is preparing the final terms of reference for the commercial project phases. BlackPearl says production at the pilot is now over 300 barrels per day with an instantaneous SOR of less than 3:1, exceeding model expectations. The application for the 80,000-barrel-per-day commercial project is nearing completion and will be submitted to the regulator in the second quarter of 2012.




Pilot 800 2011 Operating


Gregoire Lake updated: mar 2012


Grouse updated: feb 2012

Regulatory application is targeted for early 2012. Alberta Environment and Water has issued its final terms of reference for the Grouse environmental impact assessment.

Commercial 50,000 2017 Application


Suncor Energy Inc.

firebag updated: feb 2012

Suncor says that exiting 2011, bitumen production from its in situ assets increased approximately 30 per cent over 2010, primarily due to the ramp up of operations from Firebag Stage 3 and new infill wells at the Firebag project.

Cogeneration and Expansion 25,000 2007 Operating

Stage 1 35,000 2004 Operating



Stage 3-6 Debottleneck 23,000 TBD Application

Stage 4 62,500 2013 Construction

Stage 5 62,500 2018 Approved

Stage 6 62,500 2019 Approved

Lewis updated: Dec 2010



macKay River updated: feb 2012

Suncor has commenced production from a new phase of six wells at MacKay River and initiated steam injection into additional wells. Production from these developments is expected to offset natural declines in the future.

MR2 40,000 2016 Application


Sunshine Oilsands Ltd.

Harper updated: feb 2012

Sunshine Oilsands is mobilizing for a second cyclic steam stimulation cycle at its Harper pilot, report-edly with a number of production improvements to better understand and operate the scheme.

Carbonate Pilot 1,000 2011 Operating

Legend Lake updated: Nov 2011

Sunshine Oilsands has filed its application for the Legend Lake SAGD project.



Phase 2 Expansion 10,000 TBD Announced


Phase 3 Expansion 10,000 TBD Announced

Thickwood updated: Nov 2011

Sunshine Oilsands has submitted the regulatory application for its Thickwood SAGD project, antici-pating project start up in 2015.



Phase 2 Expansion 20,000 2020 Announced



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Kirby (North) updated: Jan 2012

CNRL has submitted the environmental impact assessment for all phases at Kirby North and South.



• Kirby (South) updated: apr 2012

Canadian Natural says construction remains on track and on budget. Drilling has been completed on the second of seven well pads and commenced on the third. The company says drilling is confirming geological expectations.



Cavalier Energy Inc.

• Hoole updated: apr 2012

Near-term plans for Paramount Resources Ltd. subsidiary Cavalier Energy include finalizing the scope and design of the initial phase of development at Hoole, submitting an application for commercial development and evaluating funding alternatives.

Commercial 35,000 2015 Announced

Cenovus Energy Inc.

Christina Lake updated: feb 2012

Construction of Phase D is more than 70 per cent complete and production is expected in the fourth quarter. Construction of Phase E is more than 30 per cent complete, with initial production expected in the fourth quarter 2013. Ground preparation continues for Phase F. Production capacity for both Phase F and G has been increased by 10,000 barrels per day to 50,000 barrels per day each.


Phase 1B 8,800 2008 Operating

Phase C 40,000 2011 Operating

Phase D 40,000 2012 Construction

Phase E 40,000 2013 Approved

Phase F 50,000 2016 Approved

Phase G 50,000 2017 Approved

Phase H 40,000 2019 Announced

foster Creek updated: feb 2012

Ground preparation is now complete for Phases F-H. At Phase F, site preparation and the installation of pipe racks continues to progress on schedule.

Phase A 24,000 2001 Operating

Phase B Debottleneck 6,000 2003 Operating

Phase C Stage 1 10,000 2005 Operating

Phase C Stage 2 20,000 2007 Operating

Phase D 30,000 2009 Operating

Phase E 30,000 2009 Operating

Phase F 45,000 2014 Construction

Phase G 40,000 2015 Approved

Phase H 40,000 2016 Approved

Phase I 45,000 2017 Announced

Narrows Lake updated: feb 2012

Cenovus and partner ConocoPhillips Canada anticipate a response from the ERCB regarding the Narrows Lake application by mid-2012.




Pelican Lake Grand Rapids updated: Jan 2012

Cenovus has filed the environmental impact assessment for a commercial project at Pelican-Grand Rapids.

Phase A 60,000 2017 Application

Phase B 60,000 TBD Application

Phase C 60,000 TBD Application

Pilot 600 2011 Operating



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Connacher Oil and Gas Limited

• Great Divide updated: apr 2012

Connacher has initiated a strategic review process, but says it has a number of capital projects with very good economics that are expected to increase production and/or improve netbacks that will continue to be evaluated and undertaken when free cash flow is available.

Algar Pod 2 10,000 2010 Operating

Expansion 1A 12,000 2014 Application

Expansion 1B 12,000 2016 Application

Pod 1 10,000 2007 Operating

ConocoPhillips Canada Limited

Surmont updated: mar 2012




Devon Canada Corporation

Jackfish updated: Dec 2011

Devon reports that Jackfish 3 construction is now underway, and that Jackfish 2 volumes are ramping up ahead of plan and on target to reach capacity of 35,000 barrels per day by late 2012.




Pike updated: feb 2012

Devon is currently drilling appraisal wells and acquiring seismic on its Pike oilsands leases in order to determine the optimal development plan.

1A 35,000 2016 Announced

1B 35,000 2017 Announced

1C 35,000 2017 Announced

Grizzly Oil Sands ulc

algar Lake updated: feb 2012

Partial owner Gulfport Energy says Grizzly’s construction is on track for commissioning in the fourth quarter with first production in mid-2013. Grizzly will also likely soon file a regulatory application for a SAGD project at Thickwood.



Conklin (Whitesands) updated: Oct 2011

Expansion 1,900 TBD On Hold

Pilot 1,900 2006 Suspended

• may River updated: apr 2012

Grizzly has closed its acquisition of the May River asset from Petrobank Energy and Resources. Development plans are under review.


Subsequent Phases 90,000 TBD Disclosed

Harvest Operations Corp.

• BlackGold updated: apr 2012

Harvest says site preparation is complete and site construction will begin in 2012. Drilling has begun on the first surface holes for SAGD well pairs, and the company says all 15 well pairs will be complete in 2012.



Husky Energy Inc.

mcmullen updated: feb 2012

Husky says that steam injection commenced in September 2011, followed by first air injection suc-cessfully initiated in December 2011.

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• Surmont updated: apr 2012

MEG has announced the launch of the regulatory process for Surmont. The proposed Terms of Reference from Alberta Environment and Water are available for public comment until May 4.



N-SOLV Corporation

Dover updated: aug 2011

N-Solv and partner Suncor Energy have been granted funding from the Government of Canada under Sustainable Development Technology Canada to develop the N-Solv pilot.

Demonstration Plant 500 2012 Announced

Nexen Inc.

Long Lake updated: feb 2012

Nexen says its focus at Long Lake continues to be to fill unused capacity at the upgrader. The com-pany is currently advancing 60 additional wells to achieve this task.

Long Lake South (Kinosis) Phase 1 40,000 TBD Approved

Long Lake South (Kinosis) Phase 2 40,000 TBD Approved





Statoil

Kai Kos Dehseh updated: aug 2011

Corner 40,000 2015 Approved

Corner Expansion 40,000 TBD Application

Hangingstone 20,000 TBD Application

Leismer Commercial 10,000 TBD Approved

Leismer Demonstration 10,000 2010 Operating

Leismer Expansion 20,000 TBD Approved

Leismer Northwest 20,000 TBD Application

Leismer South 20,000 TBD Application

Thornbury 40,000 TBD Application

Thornbury Expansion 20,000 TBD Application

Suncor Energy Inc.

Chard updated: Dec 2010


meadow Creek updated: Dec 2010




Japan Canada Oil Sands Limited

Hangingstone updated: Jan 2012

JACOS owner Japan Petroleum Exploration is delaying a decision on an expansion at Hangingstone until mid-2012 due to a delay in regulatory approval.

Expansion 35,000 2015 Application

Hangingstone Pilot updated: Jan 2012

JACOS owner JAPEX says regulatory approval for expansion is anticipated this fall, and an invest-ment decision will follow.


Koch Exploration Canada Corporation

• muskwa updated: apr 2012

Koch filed its application for the Muskwa project in February 2012.


Laricina Energy Ltd.

Germain updated: Dec 2011

Civil site construction is complete. Well pair drilling has commenced. Procurement, engineering and module fabrication continues. Laricina has commenced an expansion of its camp to support project construction. Laricina has submitted the environmental impact assessment for its 150,000-barrel-per-day expansion at Germain.

Phase 1 Commercial Demonstration 5,000 TBD Construction




Saleski updated: Nov 2011

Laricina says the Saleski pilot sold 26,300 barrels of bitumen as of the end of the third quarter of 2011. Pilot testing continues with an additional steam cycle added to each operating pair. The company has received regulatory approval for the addition of a second steam generator. The Phase 1 application continues to move through the regulatory process, and now first steam is targeted for early 2014 rather than late 2013.



mEG Energy Corporation

Christina Lake updated: feb 2012

MEG says that detailed engineering on Phase 2B is 93 per cent complete. All materials and project modules have been ordered, with delivery and on-site construction scheduled to continue through 2012 with completion scheduled for 2013. The company has received regulatory approval for the multistage Phase 3.

Phase 1 Pilot 3,000 2008 Operating


Phase 2B 35,000 2013 Construction


Phase 3B 50,000 2018 Approved

Phase 3C 50,000 2020 Approved



SAGD pilotsSpecializing inwww.specengineering.ca


Pengrowth Energy Corporation

Lindbergh updated: feb 2012

Pengrowth achieved first steam at the Lindbergh pilot in February.

Phase 1 Commercial 12,500 2014 Application

Phase 2 Commercial 17,500 2016 Announced


Royal Dutch Shell plc

Orion updated: Dec 2010



PEaCE RIVER REGION — IN SITu

andora Energy Corporation

• Sawn Lake updated: apr 2012

Andora Energy majority owner PanOrient Energy Corp. says the previously announced strategic review continues, but no bids have been received either to purchase the company or farm into the asset. The company has announced an updated geological and economic evaluation of the project by Sproule, showing best-case contingent resources of 214 million barrels with best-case net present value of $612 million.

SAGD Demonstration 1,400 TBD Approved

Northern alberta Oil Ltd.

Sawn Lake updated: Jan 2012

Company owner Deep Well Oil & Gas says DeGolyer & MacNaughton Canada has completed its reservoir modelling for a proposed horizontal cyclic steam stimulation pilot at Sawn Lake, concluding the project would yield commercially viable extraction. Deep Well is currently preparing a pilot plan and options for capitalization.

CSS Pilot 700 TBD Approved

Petrobank Energy and Resources Ltd.

• Dawson updated: apr 2012

Petrobank says that drilling of the well pairs for the demonstration project is complete, and construc-tion of the surface facilities will be complete later in 2012.


THAI Demonstration-Experimental TBD TBD Construction

Royal Dutch Shell plc

Peace River updated: Dec 2011

Alberta’s environmental assessment director has deemed complete Shell Canada’s environmental impact assessment report for the Carmon Creek expansion.

Cadotte Lake 12,500 1986 Operating

Carmon Creek - Phase 1 40,000 2015 Application

Carmon Creek - Phase 2 40,000 TBD Application


Value Creation Inc.

TriStar updated: Jan 2011

Value Creation is providing the ERCB with additional information supporting its application.


COLD LaKE REGION — IN SITu


• Primrose/Wolf Lake updated: apr 2012

Canadian Natural says production increased nine per cent in 2011 versus 2010 due to optimization of steaming technologies and the development of new low-cost pads. The company expects another nine per cent increase in 2012.

Primrose East 32,000 2008 Operating

Primrose North 30,000 2006 Operating

Primrose South 45,000 1985 Operating

Wolf Lake 13,000 1985 Operating

Husky Energy Inc.

Caribou updated: Nov 2010

Demonstration 10,000 TBD Approved

Tucker updated: feb 2012

Production at Tucker has increased significantly, exiting 2011 at over 9,000 barrels per day versus 4,000 barrels per day the previous year. Husky says it has addressed subsurface challenges by remediating older wells with new completion and stimulation techniques and initiating revised start-up procedures.


Imperial Oil Limited

Cold Lake updated: mar 2012

Imperial says Cold Lake continues to achieve record production rates (162,000 barrels per day in the fourth quater of 2011) due to contributions from new wells steamed in 2010 and 2011, and increased recovery due to technology application.

Phase 1-10 110,000 1985 Operating

Phase 11-13 30,000 2002 Operating

Phase 14-16 40,000 2014 Construction

Koch Exploration Canada Corporation

• Gemini updated: apr 2012

A public hearing was planned on the project in February, but was cancelled after outstanding objec-tions were dropped. The project was granted approval in March.

Stage 1 1,200 TBD Approved

Stage 2 10,000 TBD Approved

OSum Oil Sands Corp.

• Taiga updated: apr 2012

The ERCB has scheduled a public hearing into the Taiga project for May 23.






Value Creation Inc.

Terre de Grace updated: mar 2012

Pilot 8,400 TBD Approved

SOuTH aTHaBaSCa REGION — uPGRaDER

Nexen Inc.

Long Lake updated: feb 2012

Nexen says its focus at Long Lake continues to be to fill unused capacity at the upgrader. The com-pany is currently advancing 60 additional wells to achieve this task.





Value Creation Inc.

TriStar updated: Jan 2011

Value Creation is providing the ERCB with additional information supporting its application.

Pilot 840 TBD Application

INDuSTRIaL HEaRTLaND REGION — uPGRaDER

North West upgrading Inc.

Redwater upgrader updated: feb 2012

Final sanction is anticipated in 2012.




Shell albian Sands

• Scotford upgrader 1 updated: apr 2012

The Canadian Environmental Assessment Agency is inviting the pulbic to comment on the screening report for the environmental impact asseessment of the Shell Quest carbon capture and storage project at the Scotford Upgrader. The screening report details federal conclusions about the project. Public comments will be accepted until April 13.

Commercial 158,000 2003 Operating

Expansion 91,000 2011 Operating

Value Creation Inc.

Heartland updated: Nov 2010

Construction was suspended in September 2008.




NEW ExPORT PIPELINES

Enbridge

• Northern Gateway updated: apr 2012

Public hearings ongoing. Enbridge has announced that president and CEO Patrick Daniel is retiring at or before the end of 2012. He will be succeeded by Al Monaco, currently president, gas pipelines, green energy and international.

Alberta to Kitimat, B.C.525,000 plus 70,000 diluent line

2017 Application

Kinder morgan Canada

• Trans mountain Expansion (Tmx) updated: apr 2012

The open season for the Kinder Morgan Trans Mountain Expansion was extended by two weeks to April 10, 2012.

Edmonton to Burnaby, B.C., Washington State and offshore

Expansion up to 700,000

n/q Announced

TransCanada Pipelines

Keystone Expansion updated: feb 2012

TransCanada says it is ready to re-apply for the project from the U.S./Canada border to Nebraska, supplemented by an alternative route through Nebraska once that is selected. It also plans to construct the Cushing to U.S. Gulf Coast portion of the line as a stand-alone project.

Cushing, Okla., to U.S. Gulf Coast 500,000 TBD Announced


Southern Pacific Resource Corp.

Red Earth updated: feb 2012

Southern Pacific is analyzing results from its latest CSS test at Red Earth. The company says it will finalize future development plans in the second quarter.

Commercial 10,000 TBD Announced


Pilot Expansion 3,000 TBD Announced

SaSKaTCHEWaN REGION — IN SITu

Oilsands Quest Inc.

• axe Lake updated: apr 2012

Oilsands Quest has signed the definitive loan agreements for debtor-in-possession financing of $2.85 million, which will fund operating costs and other expenses while the company continues its solicitation process.

Commercial 30,000 TBD On Hold

Reservoir Test 600 2008 On Hold

SAGD Pilot TBD TBD On Hold

NORTH aTHaBaSCa REGION — uPGRaDER


• Horizon updated: apr 2012

Canadian Natural reports that it has successfully completed unplanned maintenance on the fractionat-ing unit in its primary upgrading facility and restarted operations. The outage lasted from February 5 to March 13.





Ivanhoe Energy Inc.

• Tamarack updated: apr 2012

Ivanhoe says it expects to respond to a second round of supplemental information requests from the ERCB in the second quarter.


Suncor Energy Inc.

• Base Operations updated: apr 2012

Suncor reported in March that one of its two upgraders was being taken down for unplanned main-tenance due to fractionator performance issues. The work was expected to take three to five weeks to complete and is not anticipated to result in changes to production guidance. In the fourth quarter of 2011, Suncor began to mine ore from the North Steepbank Extension.

Millennium Coker Unit 97,000 2008 Operating

Millennium Vacuum Unit 35,000 2005 Operating

U1 and U2 225,000 1967 Operating

fort Hills updated: Nov 2011

Current capital expenditures for Fort Hills are around design base memorandum engineering.


Phase 2 & 3 145,000 TBD On Hold

Voyageur upgrader 3 updated: Nov 2011

Current capital expenditures are around remobilizing the workforce, confirmation of current design and modification of project execution plans.



Syncrude Canada Ltd.

mildred Lake/aurora North & South updated: mar 2012

Canadian Oil Sands reports that front-end engineering and design is now complete for its $4.6-billion Mildred Lake mine train replacements. The target in-service date for the $1.6-billion Syncrude Emissions Reduction Project has now been extended into the first quarter of 2012.

Base Plant Stage 1 & 2 Debottleneck 250,000 1978 Operating

Stage 3 Debottleneck 75,000 TBD Announced

Stage 3 Expansion (UE-1) 100,000 2006 Operating



Documents

OIlsands Review Project Status May 2012