In 2012, we continued to meet or exceed the key performance targets for the Company. The business is on course and our balanced growth strategy is delivering results.

Just as important is how we’re doing it. Last year, the amount of hours worked by our employees and contractors increased 25 percent, while our Total Recordable Injury Rate fell to its lowest level ever. We saw a similar story unfold in our pipeline operations where we achieved a substantial reduction in pipeline incidents.

This focus on safety and operational integrity translated into higher reliability in our operations, supporting yet again our conviction that good safety is good business.

Throughout this report you will find examples of how we’re putting our principles of sustainability into action. From our innovative carbon capture and enhanced oil recovery project in Lloydminster to a new mentorship program for Aboriginal youth, we continuously seek ways to lighten our footprint and deepen our community relations.

This report provides an account of our journey.

Asim Ghosh
Asim Ghosh

Asim Ghosh