Investor Presentaiton
Kearl journey
Stable, reliable operations enabling optimization phase
Production
kbd
300
COVID
200
100
0
Ramp up
Unit P&M expenses
$US/bbl
40
Optimization
Crushers
Stable
2015-17
2018-19
2020 OL
2021-22
2023-24
2025 +
Production
Unit P&M expense
Production 100% interest, before royalties
0
20
20
Reliability focus delivering improvements
▷ Resolved significant reliability 'bad actors'
> Extraction and froth treatment upgrades
> Supplemental crushers enabling 240+ kbd
> Improved mine fleet availability and utilization
KC
255 kbd, $US 20/bbl in 2021, ahead of prior view
■ Clear pathway to 280+ kbd
> Turnaround interval extension (2022)
> Plant debottlenecking
> Enhanced mine planning and bitumen recovery
> Digital initiatives
YEARS
1880-2020
Imperial 2020 35View entire presentation