Athabasca Oil Sands Project (AOSP)

Athabasca Oil Sands Project (AOSP)

Athabasca Oil Sands Project (AOSP)

In March 2017, Canadian Natural purchased a 70% operated working interest in the AOSP mines and non-operated interest in the Scotford Upgrader (Shell operated), located north of Edmonton. Combined, the two mines produce dilbit via a paraffinic froth treatment process. Produced dilbit is then shipped via the Corridor pipeline to the Scotford Upgrader. The dilbit is then upgraded via LC Fining technology to SCO, which is sold in the Edmonton refining complex. Concurrent with the Company’s acquisition of the AOSP assets, the Company also acquired a 70% interest in the Quest Carbon Capture & Storage facility near Scotford, further demonstrating the Company’s commitment to environmental leadership.