Industry first as Alberta government certifies parcel of reclaimed land
FORT McMURRAY, AB, March 19 /CNW/ - Syncrude achieved another industry
first today with the Alberta government certifying a parcel of reclaimed land
north of Fort McMurray. The 104 hectares, known as Gateway Hill, is among
Syncrude's most mature reclaimed land.
"Syncrude achieved this milestone today thanks to the vision of employees
who led this reclamation process from the beginning," said President and CEO
Tom Katinas. "It's a testament of our long-term commitment to land reclamation
and overall sustainability in the oil sands."
After formation of the initial landscape was complete, the planting of
the first trees and shrub seedlings began in 1983. It's now a healthy forest
of broad leaf and needle leaf trees interspersed by several wetlands. Visitors
can see the reclamation first hand by hiking the 4.5-kilometre Matcheetawin
trail that winds through the forest.
"Matcheetawin trail is a fitting name for where our reclamation efforts
truly began," said Katinas, referring to the Cree word meaning beginning
place. "This continues to be a key part of our business where we are
delivering on our promises. We reclaimed more than 80 additional hectares in
2007 and are focusing on about another 100 hectares this year."
Syncrude has now reclaimed more than 4,500 hectares, representing the
largest share in the oil sands industry.
The Syncrude Project is a joint venture operated by Syncrude Canada Ltd.
and owned by Canadian Oil Sands Limited, ConocoPhillips Oilsands Partnership
II, Imperial Oil Resources, Mocal Energy Limited, Murphy Oil Company Ltd.,
Nexen Oil Sands Partnership, and Petro-Canada Oil and Gas.
Trading Symbols for Public Syncrude Joint Venture Owners:
Canadian Oil Sands Trust COS.UN - TSX
ConocoPhillips Oilsands Partnership II
(wholly owned by ConocoPhillips) COP - NYSE
Imperial Oil Resources IMO - TSX/AMEX
Murphy Oil Company Ltd. MUR - NYSE
Nexen Inc. NXY - TSX/NYSE
Petro-Canada PCA - TSX/PCZ - NYSE
For further information:
For further information: Alain Moore, at (780) 790-6406, or Syncrude's
website at www.syncrude.com; Bob Nyen, Public Affairs Specialist, Internal
Communications, Syncrude Canada Ltd., Tel: (780) 790-6390, Cell: (780)