Page 17 - Suncor AR English

73,000
bbls/d

Suncor’s portion of planned
production capacity in the
Fort Hills project.

50
years

Fort Hills mine life of 50 years is
expected to generate strong stable
cash low over the long-term.

1.2
billion bbls

Suncor’s portion of Fort Hills’ proved
plus probable reserves.

Generate and sustain industry leading The Fort Hills project is one of the
best undeveloped oil sands mining
returns by improving proitability and
assets in the Athabasca region and
effective execution of the Fort Hills project.
is an excellent it with Suncor’s
diversiied production portfolio.

The decision to sanction the Fort Hills project is a clear

demonstration of our company’s commitment to proitable

growth. With high ore grade quality, a mine life of 50
years based on current reserve estimates, and a planned

production capacity of 180,000 bbls/d, the project is
expected to provide strong, stable cash low. Suncor

will leverage existing Oil Sands infrastructure to control
costs, including fuel, labour and maintenance to ensure

proitability of the Fort Hills project. We will continue to
monitor key metrics, including return on capital employed, Achieve sustainability targets by improving

total shareholder return, annual growth and reliability, environmental performance towards
and cost targets to guide our efforts.
long-term company and industry goals.

We will continue with our efforts to meet or exceed publicly
announced 2015 environmental goals on air emissions,

water withdrawals, land reclamation and energy eficiency.
We will also continue goal planning for the post-2015

period. Suncor will leverage this effort, working with the Oil
Sands CEO Council and COSIA in support of environmental

performance improvements across the industry.

Suncor will continue to advance
Enhance culture and workforce efforts on its 2015 environmental
performance goals on water, land,
performance through improvements in
energy eficiency and air.
work force productivity and competence.

Suncor will continue to engage employees through our

mission, vision and values, ensuring employees have a line
of sight to our company’s strategy. This will be accomplished

through well-developed onboarding programs, a robust
goal alignment process, and employee development

programs. Our progress will be measured through ongoing
employee engagement surveys and management reviews

of organizational culture and productivity.

SUNCOR ENERGY INC. ANNUAL REPORT 2013 13