[1] This acquisition was primarily driven by the desire of the parent company to take total control of its Canadian division's unconventional resources, specifically the oil sands.
Shell Canada announced on Mather's retirement from the company shortly after the acquisition was completed that his total pay package for his final year (2006–2007) was $4.9 million including bonuses, stock options and pension contributions and that on leaving the company, Mather was additionally eligible for a lump sum payment equal to his annual gross salary.
As part of this deal, Shell acquired the Orion oil-sands project near Cold Lake, Alberta.
[8] It is identified as being the first commercial-scale CCS project, proposing to reduce CO2 emissions in Canada by 1 million tonnes per year.
Later that month, Shell Canada was also named one of Alberta's Top Employers, which was announced by the Calgary Herald[12] and the Edmonton Journal.