Imperial owns 25 percent of Syncrude Canada - a pioneer in oil sands mining. With high value production and improvement actions ongoing, Syncrude is a strategic asset in our company's portfolio.
Syncrude is a joint venture established to recover shallow deposits of oil sands using open-pit mining methods to extract bitumen and upgrade it to produce a high-quality, light (32 degree API), sweet, synthetic crude oil. Syncrude leases cover about 63,000 net acres.
Imperial's share of production in recent years has averaged about 60,000 - 70,000 bpd before royalties.
Visit the Syncrude Canada website to learn more.