Canada's Imperial Oil, Exxon to Operate Kearl Oil Sands Project

Imperial Oil, one of the largest Canadian oil firms, announced today that the Alberta Energy and Utilities Board and the Government of Canada have given conditional approval to Imperial's proposed Kearl Oil Sands Project.

This is a key approval in progressing the Kearl Oil Sands Project, a proposed oil-sands mining project in Alberta.

The Kearl Oil Sands Project is a joint venture with Imperial Oil Resources Ventures Limited (70%) and ExxonMobil Canada Properties (30%). Imperial Oil Resources is the designated operator of the project.