Imperial Oil announced today that the Alberta
Energy and Utilities Board (AEUB) and the Government of Canada have given
conditional approval to Imperial's proposed Kearl Oil Sands Project, following
a joint federal and provincial review.
The current plan is to develop the mine
in a staged manner, with an initial mine train with production capacity of
about 100,000 barrels a day. Subsequent expansions could increase capacity to
approximately 300,000 barrels a day.
