Name and Location
Fort Hills oil sands mining project, Alberta, Canada.

Client
Suncor Energy (40.8%), Total E&P Canada (39.2%) and Teck Resources (20%).

Project Description
Fort Hill has best contingent resources of about 3.3-billion barrels of bitumen, with a mine life estimated at more than 50 years at the current planned production rate.

The project will be developed as an openpit truck-and-shovel mine.

The mine plan envisages two main pits and a mine fleet capable of sustaining production of 14 5000 t an hour of oil sand.

The mine aims to produce and process 110-million tonnes of oil sands a year, yielding an average of 189 000 bbl/d at full production.

The oil sands feed will be delivered to two ore-crushing plants, where oil sand material will be crushed and processed.

Ore from the crushing will be mixed with warm water and conditioned to create a slurry, which will be transported to the primary extraction, using three hydrotransport lines.

In primary extraction, the conditioned oil sands slurry is fed to two trains of separation cells.

These cells remove the bitumen from the sand, which yields a froth mixture of bitumen, water and clay.

The froth is sent for further treatment in the secondary extraction, where it is mixed with a solvent and undergoes two stages of countercurrent settlers to remove asphaltenes and excess sand and water. The bitumen is then sent to a solvent recovery unit to remove the solvent and prepare the bitumen for shipping.

The project has been designed to optimise and protect land use by applying the latest technology and approaches to tailings management and reclamation processes. Existing and future water-quality standards and environmental regulations will be met or exceeded throughout the life of the project. The project will aim to return all disturbed land as close as possible to a natural state.

Value
The estimated cost to develop the project is estimated at C$13.5-billion.

Duration
The project is scheduled to produce first oil as early as the forth quarter of 2017.

Latest Developments
The final investment decision to develop the project was announced in October 2013.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Fort Hills, tel +1 403 296 4000.
Suncor investor enquiries, tel +1 800 558 9071 or email invest@suncor.com.
Teck Resources VP investor relations and strategic analysis Greg Waller, tel +1 604 699 4014 or
email greg.waller@teck.com.
Total E&P Canada, Saphina Benimadh, tel +1 403 538 8153 or fax +1 403 571 7595.