Revenue and other income increased to $9.22 billion compared with $8.01 billion year-over-year for Canada’s largest petroleum refiner.
Gross production averaged 330,000 oil-equivalent barrels per day, up 46,000 barrels versus 2013, primarily due to production from its Kearl oil sands project.
Imperial Oil said its first-quarter capital and exploration expenditures totalled $1.2 million, primarly at Kearl and Cold Lake Nabiye projects, which are heading toward completion.
In March, Calgary-based announced it had agreed to sell some of its producing oil and gas assets in Western Canada for $855 million to Whitecap Resources Inc. (TSX:WCP).