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
Cubic mile of oil of oil (1.26 trillion U.S. gallons or 4.75 trillion litres) each year. Numbers of this magnitude are difficult to conceive by most people. The volume occupied by one trillion U.S. gallons is about one cubic mile. Crane felt that a cubic mile would be an easier concept for the general public than a trillion gallons. The CMO is the energy released by burning a cubic mile of oil. Conversions to other units may be calculated based on the barrel of oil equivalent (BOE), an approximation of the energy released by burning one 42-US-gallon barrel of crude oil. Since one BOE