In 1967, we pioneered commercial development of Canada's oil sands – one of the largest petroleum resource basins in the world. Since then, Suncor has grown to become a globally competitive integrated energy company with a balanced portfolio of high-quality assets, a strong balance sheet and significant growth prospects. Across our operations, we intend to achieve production of one million barrels of oil equivalent per day.
Near Fort McMurray, Alta., in the Athabasca region, Suncor extracts and upgrades oil sands into high-quality, refinery-ready crude oil products and diesel fuel.
Across Canada and in Colorado, Suncor markets the company's refined products to industrial, commercial and retail customers. In Canada, our network of more than 1,450 Petro-Canada stations is one of the most customer-recognized, top-volume retailers in the country. We have refineries in Edmonton, Alta.; Sarnia, Ont.; Montreal, Que.; and Commerce City, Colo. Our Lubricants business is the largest producer of quality lubricant base stocks in Canada, with customers worldwide.
In Western Canada, across the East Coast of Canada and internationally, Suncor explores for, develops and produces conventional oil and natural gas – from both onshore and offshore developments.