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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Imperial Oil Limited | AMEX:IMO | AMEX | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.08 | 1.59% | 69.13 | 69.99 | 68.78 | 68.89 | 147,637 | 20:33:24 |
From May 2019 to May 2024
CALGARY, March 27, 2017 /CNW/ - Imperial confirms that Syncrude continues to recover from a fire at its Mildred Lake upgrader on March 14, 2017. There are no shipments of synthetic crude from the operation at this time. Efforts remain focused on safely assessing the extent of the damage and developing a recovery plan for a return to normal operations. Production is expected to ramp up in stages as damage is repaired and units are ready for restart. The timeline and impact of these stages is under evaluation.
Imperial continues to provide additional technical and logistical expertise to Syncrude to assist with recovery efforts.
Imperial owns 25 percent of Syncrude and provides operational, technical and business support to the joint venture under a management services agreement. Imperial's share of gross production from Syncrude averaged 68,000 barrels per day in 2016.
SOURCE Imperial Oil Limited
Copyright 2017 Canada NewsWire
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