Cash flow from operations was a record $667 million for the third quarter and $1,746 million for the first nine months of 2004 compared with $464 million and $1,263 million respectively for the same periods in 2003. Capital and exploration expenditures were $312 million for the third quarter and $680 million for the first nine months of 2004 versus $185 million and $529 million respectively for 2003.
"I am delighted to report record quarterly operating earnings and cash flow for the Company. These results reflect strong performance across all of our businesses," said Clive Mather, President and Chief Executive Officer, Shell Canada Limited. "I am particularly pleased with our Oil Sands business, which demonstrated sustained production at design levels."
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