Total E&P Canada



Total E&P Canada

December 10, 2012 13:05 ET

Total E&P Canada Announces New President and CEO

CALGARY, ALBERTA--(Marketwire - Dec. 10, 2012) - Total E&P Canada is pleased to announce the appointment of André Goffart as President and CEO, effective December 1, 2012, to advance the company's Canadian operations.

Mr. Goffart succeeds Jean-Michel Gires, who served as President and CEO of Total E&P Canada since 2009.

In his role, Mr. Goffart will oversee the responsible development of Total's oil sands portfolio, bringing economically sound, strong project delivery practices to lead Total E&P Canada through the next phases of its upstream and midstream projects, including the Joslyn North Mine, the affiliate's flagship oil sands mining project, as well as the Surmont, Fort Hills, Northern Lights and Voyageur projects. He will also continue to develop the collaborative industry initiatives to improve environmental performance within the oil sands.

"Canada's oil sands are an important part of Total's long-term strategy and we know that we need to take the time to ensure the environmental and economic viability of our projects," explains Mr. Goffart, "We will continue to focus on working with industry to collaborate on innovation and, with our joint venture partners, improve economics and deliver on our projects."

Mr. Goffart brings over 30 years of project management experience with the Total Group. Prior to joining Total E&P Canada, he was Vice President of Projects and Deputy CEO of Total's Joint Venture with Gazprom and Statoil to develop Phase 1 of the Shtokman field in the Barents Sea, one of the world's largest gas deposits. He joined Total in 1982, and has held progressively senior roles in drilling and project management in eleven countries, including France, Norway, the United Kingdom, the United Arab Emirates, Bolivia, Angola and Russia.

Mr. Goffart holds an engineering degree from the École des Ponts ParisTech, the world's oldest civil engineering school.

Total Exploration and Production in Canada

Total E&P Canada owns a 50 per cent interest in the Surmont SAGD1 project. Phase 1 production began in 2007 and currently averages 25,000 b/d. Phase 2 development has begun, with production scheduled to start up in 2015, enabling Surmont's total production to increase to around 136,000 b/d. Further development phases are under study.

As part of its strategic alliance with Suncor Energy, Total E&P Canada is operator of the Joslyn project with a 38.25 per cent interest. Production potential of the Joslyn North Mine Project is currently estimated at 100,000 b/d with further expansion potential up to 200,000 b/d. Total E&P Canada also has a 39.2 per cent interest in the Fort Hills Project and a 49 per cent interest in the Voyageur Upgrader.

Total E&P Canada has a 50 per cent interest in the Northern Lights Project following the 2008 acquisition of Canada's Synenco Energy.

Total is one of the world's major oil and gas groups, with activities in more than 130 countries. Its 93,000 employees put their expertise to work in every part of the industry - exploration and production of oil and natural gas, refining and marketing, gas & power and trading. Total is working to keep the world supplied with energy, both today and tomorrow. The Group is also a first rank player in chemicals. www.total.com.

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