Imperial Oil Limited (Imperial) 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; refining and marketing of petroleum products, and supplying petrochemicals. The Company’s operations are conducted in three main segments: Upstream, Downstream and Chemical. Upstream operations include the exploration for, and production of, conventional crude oil, natural gas, upgraded crude oil and heavy oil. Downstream operations consist of the transportation, refining and blending of crude oil and refined products, and the distribution and marketing thereof. The Chemical operations consist of the manufacturing and marketing of various petrochemicals. As of December 31, 2008, Exxon Mobil Corporation owned approximately 69.6% of the outstanding shares of the Company.