IMPERIAL OIL LIMITED (TSE:IMO) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure |
On April28, 2017, Rich Kruger, the Companys chairman, president
and chief executive officer, gave a presentation at the Companys
annual general meeting in Calgary, Alberta (the Presentation)
that included an update on the Companys current operations and
major projects. The Presentation included information related to
the Companys strategic plans, goals, growth initiatives and
outlook, and forecasts for future performance and industry
development.
A broadcast of the Presentation will be available online on the
Companys website at April 28 2017 Annual General Meeting
Presentation by Rich Kruger for a period of one year. The
slides used in the Presentation are attached as Exhibit 99.1 to
this Current Report and are incorporated herein by reference.
Statements of future events or conditions in the Presentation,
including projections, targets, expectations, estimates, and
business plans are forward-looking statements. Actual future
financial and operating results, including demand growth and
energy source mix; production growth and mix; project plans,
dates, costs and capacities; production rates; production life
and resource recoveries; cost savings; product sales; financing
sources; and capital and environmental expenditures could differ
materially depending on a number of factors, such as changes in
the supply of and demand for crude oil, natural gas, and
petroleum and petrochemical products and resulting price and
margin impacts; limitations on transportation for accessing
markets; political or regulatory events, including changes in law
or government policy, applicable royalty rates and tax laws; the
receipt, in a timely manner, of regulatory and third-party
approvals; third party opposition to operations and projects;
environmental risks inherent in oil and gas exploration and
production activities; environmental regulation, including
climate change and greenhouse gas restrictions; currency exchange
rates; availability and allocation of capital; performance of
third party service providers; unanticipated operational
disruptions; management effectiveness; commercial negotiations;
project management and schedules; response to unexpected
technological developments; operational hazards and risks;
disaster response preparedness; the ability to develop or acquire
additional reserves; and other factors discussed in in Item1A of
the Companys Form 10-K for the year ended December31, 2016 (SEC
File No. 0-12014) and in the managements discussion and analysis
of financial condition and results of operations contained in
Item7. Forward-looking statements are not guarantees of future
performance and involve a number of risks and uncertainties, some
that are similar to other oil and gas companies and some that are
unique to the Company. The Companys actual results may differ
materially from those expressed or implied by its forward-looking
statements and readers are cautioned not to place undue reliance
on them. The Company undertakes no obligation to update any
forward-looking statements contained herein, except as required
by applicable law.
The Companys Form 10-K is available on its website at
www.imperialoil.ca. You can also obtain this form from the
SEC by calling 1-800-SEC-0330 or by logging on to their website
at www.sec.gov.
The Presentation contains references to non-proved resources and
production outlooks based on non-proved resources that the SECs
rules prohibit the Company from including in its filings with the
SEC. U.S. investors are urged to consider closely the disclosures
in the Companys Form 10-K.
| Item9.01 | Financial Statements and Exhibits. | |
| (d) | Exhibits. | |
|
The following exhibit is furnished as part of this Current Report on Form 8-K: |
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| 99.1 A copy of the slides presented during the Presentation. |
About IMPERIAL OIL LIMITED (TSE:IMO)
Imperial Oil Ltd is a Canada-based integrated oil company. The Company is engaged in the exploration for, and production and sale of, crude oil and natural gas. The Company’s operations are conducted in three segments: Upstream, Downstream and Chemical. Upstream operations include the exploration for, and production of, crude oil, natural gas, synthetic oil and bitumen. Downstream operations consist of the transportation and refining of crude oil, blending of refined products and the distribution and marketing of those products. Chemical operations consist of the manufacturing and marketing of various petrochemicals. The Company holds an interest in the Kearl oil sands project, a joint venture with ExxonMobil Canada Properties. The Kearl project recovers shallow deposits of oil sands using open-pit mining methods. The Company transports its crude oil production and third-party crude oil required to supply refineries by contracted pipelines, common carrier pipelines and rail. IMPERIAL OIL LIMITED (TSE:IMO) Recent Trading Information
IMPERIAL OIL LIMITED (TSE:IMO) closed its last trading session down -0.64 at 39.03 with 1,093,556 shares trading hands.