Kearl

Open-pit oil sands mining joint venture ~40 miles north of Fort McMurray, Alberta, in the Athabasca oil sands deposit. Six oil sands leases covering ~49 thousand acres. Bitumen is extracted and processed through bitumen extraction and froth treatment trains; the bitumen-diluent blend is shipped to refineries and third parties. Imperial Oil Limited holds 70.96% and ExxonMobil Canada Properties 29.04% (Exxon Mobil Corporation holds 69.6% of Imperial Oil and 100% of ExxonMobil Canada Properties). 2025 average net production ~264 kbd.