Hebron Project

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Hebron is a heavy oil field estimated to have 400-700 million barrels of recoverable resources. The field was first discovered in 1981, and is located offshore Newfoundland and Labrador in the Jeanne d’Arc Basin 350 kilometres southeast of St. John’s, the capital of Newfoundland and Labrador. It is approximately eight kilometres north of the Terra Nova project, 31 kilometres southeast of the Hibernia project, and 46 kilometres from the White Rose project. The water depth at Hebron is approximately 92 metres.

The Hebron co-venturers are: ExxonMobil Canada (36%), Chevron Canada Resources (26.7%), Petro-Canada (22.7%), StatoilHydro (9.7%) and Energy Corporation of Newfoundland and Labrador (4.9%).

On August 20, 2008, the Hebron co-venturers executed formal agreements with the Government of Newfoundland and Labrador.

Effective October 1, 2008, ExxonMobil is the operator of the Hebron Project.

Questions regarding the project should be directed to the ExxonMobil office in St. John's, Newfoundland and Labrador at 709-778-7000 or via e-mail.