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September 03, 2015 7:55 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Syncrude Canada Ltd.

Company Overview

Syncrude Canada Ltd. operates an oil sand research and development facility. It produces crude oil. The company was founded in 1964 and is headquartered in Fort McMurray, Canada.

Borealis Building

9911 MacDonald Avenue

Fort McMurray, AB T9H 3H5


Founded in 1964





Key Executives for Syncrude Canada Ltd.

Chief Executive Officer
Chief Financial Officer and Vice President of Business Services
Chief Operating Officer
Vice President, General Counsel and Corporate Secretary
Vice President of Human Resources
Compensation as of Fiscal Year 2015.

Syncrude Canada Ltd. Key Developments

Syncrude Canada In Talks To Acquire Canadian Oil Sands

Syncrude Canada Ltd. is reportedly in talks to acquire Canadian Oil Sands Limited (TSX:COS).

Syncrude Canada Ltd. Revised Production Forecast for 2014

Canadian Oil Sands Limited announced that it expects Syncrude Canada Ltd. production to total about 94 million bbls in 2014, below the range of 95 to 100 million bbls provided in the company's Oct. 30, 2014 guidance. The company attributed the reduced production to an outage in a sour water treater that is expected to be repaired by the end of December 2014.

Syncrude Canada Ltd. Announces Management Changes

Canadian Oil Sands disclosed the appointment of Mr. Mark Ward to the position of Chief Executive Officer of Syncrude Canada Ltd. effective April 1, 2014. Mr. Ward will have the lead role in working with Syncrude's joint venture owners and stakeholders to advance the strategic vision for the development of the resource. Mr. Ward was most recently the Lead Country Manager Nigeria and Manager Production Nigeria with ExxonMobil Production Company. He brings more than 35 years of technical and leadership experience with ExxonMobil and holds a BS in Chemical Engineering. The Syncrude organization is separating the previous role of President and CEO into the positions of Chief Executive Officer and President and Chief Operating Officer. The appointment of the President and Chief Operating Officer of Syncrude will be announced at a later date. Mr. Scott Sullivan, President and CEO of Syncrude since July 2010, will return to ExxonMobil. Under a Management Services Agreement, Imperial Oil and ExxonMobil provide operational services to Syncrude Canada and senior leadership support the organization.

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