Imperial Oil Oil discovered the Leduc Woodbend Devonian oil reef in 1947, marking the beginning of the contemporary period in Canadian oil and gas development. Drilling began on the landmark discovery well Leduc No. 1 on November 20, 1946. In 1989, Imperial Oil acquired Texaco's Canadian operations. From the 1934-35 season through the 1975-76 season, Imperial Oil was a sponsor of the Canadian Broadcasting Corp. program "Hockey Night in Canada" for both radio and television broadcasts. In February 2013, Richard Kruger, President of ExxonMobil Production Co. and a Vice President of Exxon Mobil Corp., was appointed to be Chief Executive of Imperial
Barrel (unit) is exactly equivalent to a volume of 158.987294928 litres. In the oil industry, following the definition of the American Petroleum Institute, a standard barrel of oil is often taken to mean the amount of oil that at a standard pressure (14.696 psi) and temperature (60 F) would occupy a volume of exactly 1 bbl. This standard barrel of oil will occupy a different volume at different pressures and temperatures. A standard barrel in this context is thus not simply a measure of volume, but of volume under specific conditions. The task of converting this standard barrel of oil to a