More recently, we have started work looking at tight oil opportunities in Alberta. There is no question that there are environmental impacts associated with development and production. We have a long history of operating assets better than anyone else.
To assist with the production pilot design, we have engaged the XTO organization and are bringing their expertise to bear on the development of this resource. Sometimes those changes will be costly, others peanuts.
This disciplined approach where we manage each of our business lines for the long-term, helps us generate competitive advantage and value for our shareholders. At Imperial we pursue excellence in safety performance using a systematic, proactive approach, globally aligned with ExxonMobil.
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Xxx will subcontract production and distribution but undertake support in-house. To provide solutions of the scale required, the world will need tremendous levels of investment, sustained over decades. We are progressing the Nabiye project to add new volumes at Cold Lake. The Kearl project remains a very attractive development, accessing the best resource and using the latest technology.
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This improves both recovery and greenhouse gas intensity levels and is in use on about wells at Cold Lake.
Unless otherwise specified, all figures are in Canadian dollars. With ExxonMobil as a majority shareholder, we have benefited from an affiliation with the global leader in our industry.
In the upstream, their research delivers advantaged technologies while progressing significant breakthrough research. We both advance attractive opportunities that provide attractive returns across a broad range of industry and market conditions while maintaining a focus on capital efficiency and discipline.
Imperial is well positioned to deliver industry leading results for decades to come. Moving North, the Norman Wells field, located just south of the Arctic Circle on the Mackenzie River, is our largest conventional oil producing field.
We remain committed to maintaining and improving upon these already high levels of performance. Meeting this demand will require an integrated set of solutions including: Our Beaufort acreage provides the potential for significant, long term resource growth.
Some facts on water use in our industry. Today, I am pleased to share our financial and operating results and discuss the promising future for Imperial Oil. Worked in operations at Xxx for 15 years. Modules are best used for small pieces of content and media.
Demand for Energy The United States is to the largest energy market in the world. SWOT analysis The Strength-Weaknesses-Opportunites-Threats summary is a famous exercise used in business to assess the state of the industry, the market, and the competitor environment.
If you compare our operating cost efficiency versus our competitors inyou will notice that we continue to widen the gap versus our competitors. Leveraging the ExxonMobil Relationship An unmatchable strength, is the benefit we gain from our affiliation with ExxonMobil.
Kearl is unique as it is the first oil sands mining operation without an upgrader. Joomla has multi-lingual capability built-in. Summarize cash flow projections in terms of peak debt and net cash position at end of third year.
We are just about at the half way point on construction. We have high quality assets in all our business segments. But, the attacker has inserted phony addresses for update. Engineering and procurement are complete as is most of the module fabrication. As a result, we benefit from their management systems.
These technologies will allow us to continue our trend of increasing recovery at Cold Lake, shown in the blue bars, and will also provide the basis for the development of other in-situ assets in the area.For further information on preparing a business plan, review the white papers on How to Write a Business Plan and Insights into Business Planning.
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