Syncrude did not incur any fines or administrative penalties related to environmental performance in 2003. In fact, throughout our 25-year operating history, only five such penalties have been assessed, all of which were issued between 1999 and 2001 for relatively minor matters such as late reporting of operating upsets and venting from hydrocarbon storage tanks. Subsequently, Syncrude has improved management practices at its tank farm, and also has strengthened internal reporting requirements, to reduce the risk of similar future incidents.
