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Systems That Directly Impact the

Manufacturing Process and How

to Co-Exist In That Environment

C.C. (Cliff) Pedersen

Manager, Product Production Processes

Suncor Energy Inc.

Standards

Certification

Education & Training Manufacturing IT Forum

Publishing

Conferences & Exhibits

Cleveland Ohio

20-21 May 2008

Agenda



8000  Safety Moment

7000

$7,107

 World Oil Resources

6000  Manufacturing Oil

5000  Suncor Energy

4000

 Operational Excellence

3000

 Wealth Generation

 Conflict with IT

2000

$406  The Big Gap

1000

 InterOperability

0

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007  Collaboration

Suncor Energy S&P 500  Questions

Based on $100 CDN invested March 18, 1992 when Suncor became publicly traded

* assumes reinvestment of dividends

Safety Moment – Dehydration increases RISK



The primary trigger of daytime fatigue and poor

performance is Dehydration:

 Your body is 60% water

 Your brain is 85% water, and has a narrow

tolerance of dehydration to stay at its peak

 Your bodily functions lose ~8-10 cups/64-80

ounces of water/day (without exercise)



How much water should you drink ?

 Divide your body weight in half

 Add 12 to that number = # ounces per day

 Example: 150 pound person = 150/2 = 75 + 12 = 87 oz

Beverages that leach water from the body (e.g. coffee, beer,

wine, etc.) do Not Count...!!

World Conventional Oil Reserves ~ 1 Trillion Barrels



1 Trillion Used; 1 (1.7?) Trillion Available; 1 Trillion (?) to be Found





1%

2%

3% Middle East

6% 4% Latin America

6% Africa

Former Soviet Bloc

12%

Asia & Australia

66% United States

Western Europe

Canada







But......., Replacement Rate = 1 barrel per 13 barrels consumed!!

World Total Oil Reserves ~ 5.5 Trillion Barrels



Including Heavy Oil & Bitumen



1%

2%

2%

Canada

3%

13% Latin America

41% Middle East

Former Soviet Bloc

United States

14%

Asia & Australia

24% Africa

Western Europe









However, the World is consuming ~80 Mbpd NOW; Soon >100 Mbpd

The New ‘Black Gold’

Alberta Oil Sands – A Vast Resource



Fort McMurray



Alberta area oil sands & heavy oil

Athabasca deposits contain 2.5 Trillion

barrels - 41% of world’s known

Peace River petroleum reserves (greater than

combined Middle East, United

States, Soviet Bloc, Western

Cold Europe, Australia, Asia, & Africa)

Lake

Edmonton

Alberta deposits cover 77,000 sq km

(~30,000 sq mi)



Calgary

Athabasca Deposit > 42,000 km2

890 Billion barrels in place

20% within 250 ft. of surface

30 B Mineable; 142 B In-situ

Global Crude Reserves - Recoverable

Billions of barrels of oil



300





250





200





150





100





50





0

Saudi Canada Iran Iraq Kuwait Venezuela Russia U.S.A.

Arabia

Source: Oil & Gas Journal Dec. 2007

Suncor Energy at a Glance

(Canadian, No majority shareholder)

• Integrated energy company – upstream, refining and

marketing, pipelines and wind power

• Market capitalization about $45 billion

Operating Areas

• Original and single largest investor in the

Athabasca oil sands – 40 years experience

• Best growth rate in the oil sands industry:

– current production capacity of 260,000 bpd

– increase capacity by 35% to 350,000 bpd in 2008

– increase capacity by 57% to 550,000 bpd in 2012

• More than 6,500 employees

• Sustainability: benefiting all stakeholders









“To be a unique and sustainable

energy company, dedicated to

vigorous growth in worldwide

markets through meeting or

exceeding the changing

expectations of our current and

future stakeholders”

Oil Sands, The Resource

- Bitumen - Easy to Find, Tough to Get Out!!

• Thick, sticky mixture of sand,

clay, water and bitumen: 8-9oAPI

• Suncor leases cover close to

2,000 square kilometers or about

1,200 square miles

• Remaining recoverable

resources in place to produce a

potential 15 billion* barrels of

crude oil

– Mining leases 6 billion barrels

– In-situ leases 9 billion barrels







* Suncor data includes proved plus probable reserves and contingent resources, as of December 31, 2006 which is not comparable to most competitors.

Suncor’s Athabasca Operations

- Land Position









 Area extent: 460 sq mi



 Independent estimate:

~ 7.5B barrels









10

Oil Sands - Mining

Oil Sands - Mobile Crushing





• Currently have one unit

up and running at 5,000

tonnes per hour

• Requires 24 months to

construct and three

months to implement

each new unit

• Capital is about $170

Million per unit

• Expect to have three units

up and running within

three years – about 50%

of mine feed

Suncor Mine – Move 1M Tons of ‘Dirt’/day

Oil Sands - Extraction

Oil Sands - In-situ









SAGD

Steam

Chamber Steam

Steam heats Assisted

oil sands Gravity

Drainage

Bitumen &

Water



Heated bitumen

flows to well

Suncor’s Firebag Site – Stages 1 & 2 producing

- Stage 3 in 2009

- Stages 4,5,6 in 2010-2012

Resource / Reserve Life Index



years

80





70





60



50





40



30





20



10



0

Suncor RDShell Chevron Exxon Mobil TOTAL BP



Resources / 2012 production capacity Proved reserves / 2006 production

All company data, except for Suncor is based on UBS Warburg data and represents crude oil reserves only.

Suncor data represents resources, which is not directly comparable.



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