CALGARY, June 6 /CNW/ - Imperial Oil today announced that the company's
Kearl Oil Sands Project has been granted a new authorization under subsection
35(2) of the federal Fisheries Act. Receipt of the authorization will allow
ground preparation work to continue at the site. As well, on May 15, 2008, the
federal government released an order-in-council indicating approval of the
amended Joint Review Panel report submitted on May 6, 2008. This amended
report includes a rationale on greenhouse gas emissions, which satisfies the
direction of the Federal Court in its March 5, 2008 decision.
Imperial Oil is one of Canada's largest corporations and a leading member
of the country's petroleum industry. It is one of the country's largest
producers of crude oil and natural gas, is the largest petroleum refiner, and
has a leading market share in petroleum products sold through a coast-to-coast
supply network that includes about 1,900 service stations.
For further information:
For further information: Investor relations: Dee Brandes, (403)
237-4537; Media relations: Gordon Wong, (403) 237-2710