News Release

Shell files regulatory application for Scotford Upgrader 2

30 Jul 2007

Calgary, Alberta – Shell announced today that it has filed a regulatory application for Scotford Upgrader 2, a new upgrading facility adjacent to Shell’s existing facilities in the Fort Saskatchewan area, east of Edmonton, Alberta.

The proposed Scotford Upgrader 2 will be constructed in four phases and process Shell’s share of future Athabasca minable bitumen production as well as bitumen from the company’s in situ oil sands developments.

Scotford Upgrader 2 could ultimately process up to 400,000 barrels a day of oil sands bitumen into a range of synthetic crude oil products.
 

“Our Scotford Upgrader 2 development plans reflect a long-term, continuous development path in the Scotford area,” said Brian Straub, Senior Vice President of Oil Sands. “Presenting a picture of our potential plans in the region is consistent with government and stakeholder expectations.”

Financial approval to proceed with Scotford Upgrader 2 will depend on the outcome of regulatory processes, market conditions, final project costs and consultation with key stakeholders.

Copies of Shell’s application are available for viewing at public locations in Fort Saskatchewan, Edmonton and Calgary. For more information or to view online, please visit Shell’s web site at www.shell.ca/scotford.

Media Inquiries:
Janet Annesley
Manager, Public Affairs – Oil Sands
(403) 691-2023

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