Bharat Book Bureau

Summary

Non-conventional petroleum sources, especially oil sands, which were considered economically unattractive in the past, have gained importance as potential sources of energy in recent years. The importance of oil sands has been primarily due to the surging oil prices and the global demand for petroleum fuels. In terms of reserves, oil sands are a promising source of income to Canada’s economy, a country well endowed with vast reserves of oil sands. The relatively young industry is set to develop rapidly with superior technologies and huge investments and would substantially contribute to Canada’s export revenue.

Scope

• Updated information relating to the oil sands industry in the Alberta province of Canada
• Provides historical and forecast data and information on overall bitumen production in the three primary oil sands producing areas in Alberta province
• Details on the economics and the different types of costs involved in the Alberta oil sands industry
• Includes information relating to factors affecting the development of oil sands industry in Alberta
• Information on the major oil sands companies including business overview, business strategy and investment plans and major projects of the company
• Information on oil sand operations in Athabasca, Cold lake and Peace River areas within Alberta province.
• Contribution of oil sands to Alberta’s energy industry.

Reasons to buy

• Obtain the most up to date information available on the oil sands industry in Alberta province of Canada
• Identify growth segments and opportunities in Alberta’s oil sands industry
• Assess your competitor’s oil sand operations in Alberta
• Understand and respond to your competitors business strategy and prospects in Alberta’s oil sand industry
• Develop strategies based on the economic and strategic insights about the oil sand operations of the major companies in Alberta
• Identify and analyze the strengths and weaknesses of the major oil sand companies in Alberta.

1.1 List of Tables
Table 1: Alberta Oil Sand Sector- Key Facts (Can $) 2006 8
Table 2: Operating and Supply Costs by Recovery Type 10
Table 3: Major Investments and Oil Sand Projects 12
Table 4: Alberta Oil Sands Industry, Top Five Companies, Operational Statistics, 2007 24

1.2 List of Figures
Figure 1: Leading Oil Sand Companies by Bitumen Production, Alberta, 2007 7
Figure 2: Alberta, Historical and Forecasted Bitumen Production (Million Barrels), 2000-2015 9
Figure 3: Top Five Oil Sand Companies by Bitumen Production, Athabasca, 2007 16
Figure 4: Athabasca, Bitumen Production (Million Barrels), 2002-2007 17
Figure 5: Leading Oil Sand Companies by Bitumen Production, Cold Lake, 2007 19
Figure 6: Cold Lake, Bitumen Production (Barrels/day), 2002-2007 20
Figure 7: Oil Sand Companies by Bitumen Production, Peace River, 2007 22
Figure 8: Peace River, Bitumen Production (Million Barrels), 2002-2007 23
Figure 9: Alberta, Top Five Oil Sand Companies, Reserves vs Production of Synthetic Crude Oil, 2007 25
Figure 10: Suncor Energy, Proven Reserves of Synthetic Crude Oil, Million Barrels, 2003-2007 26
Figure 11: Suncor Energy, Undeveloped Oil Sands Land Holdings, Acres, 2003-2007 27
Figure 12: Suncor Energy, Synthetic Crude Oil Production,  Million Barrels, 2003-2007 28
Figure 13: Imperial Oil Limited, Proven Reserves of Synthetic Crude Oil, Million Barrels, 2003-2007 29
Figure 14: Imperial Oil Limited, Undeveloped Oil Sands Land Holdings, Acres, 2003-2007 30
Figure 15: Imperial Oil Limited, Synthetic Crude Oil Production,  Million Barrels, 2003-2007 31
Figure 16: Canadian Natural Resources Limited, Proven Reserves of Synthetic Crude Oil, Million Barrels, 2003-2007 32
Figure 17: Canadian Natural Resources Limited, Undeveloped Oil Sands Land Holdings, Acres, 2003-2007 32
Figure 18: Canadian Oil Sands Trust, Synthetic Crude Oil Production, Barrels, 2003-2007 34
Figure 19: Canadian Oil Sands Trust, Proven Reserves of Synthetic Crude Oil, Million Barrels, 2003-2007 35
Figure 20: Canadian Oil Sands Trust, Undeveloped Oil Sands Land Holdings, Acres, 2003-2007 36
Figure 21: Shell Canada Limited, Proven Reserves of Synthetic Crude Oil, Million Barrels, 2003-2007 37
Figure 22: Shell Canada Limited, Synthetic Crude Oil Production,  Million Barrels, 2003-2007 38
Figure 23:     Global Markets Direct  Methodology 39

Alberta Oil and Gas Region Report Investment Opportunities, Analysis and Forecasts to 2020

Summary

This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Canada Alberta. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the oil and gas assets (oil and gas fields, exploration blocks, refineries, pipelines, LNG terminals and storage terminals) in Canada Alberta. The report also analyses the fiscal regime relevant to the oil and gas assets in Canada Alberta and compares the investment environment in Canada Alberta with other states in the country. The profiles of the major companies operating in the oil and gas sector in Canada Alberta together with the latest news and deals are also included in the report.

Scope

• Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 1995-2020.
• Historical and forecast data and information for all the major exploration blocks, oil and gas fields, refineries, pipelines, LNG terminals and storage terminals in Canada Alberta for the period 1995-2020.
• Operator and equity details for major oil and gas assets in Canada Alberta
• Key information relating to market regulations, key energy assets and the key companies operating in the Canada Alberta’s energy industry.
• Detailed information on key fiscal terms (such as rents, bonuses, royalty, cost recovery, profit oil, petroleum and corporate taxes) pertaining the geography is also provided. A sample calculation detailing how fiscal terms apply to a typical asset in the regime is included.
• Information on the top companies in the Canada Alberta including business description, strategic analysis, and financial information.
• Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
• Key mergers and acquisitions, partnerships, private equity and venture capital investments, and IPOs.

Reasons to buy

• Gain a strong understanding of the province’s energy market.
• Facilitate market analysis and forecasting of future industry trends.
• Evaluate the attractiveness of the province for oil and gas investment in the light of government policies and the fiscal environment.
• Facilitate decision making on the basis of strong historic and forecast production, reserves and capacity data.
• Understand the geography’s policies and fiscal terms, and their impact on contractor’s profits from upstream oil and gas assets.
• Assess your competitor’s major oil and gas assets and their performance.
• Analyze the latest news and financial deals in the oil and gas sector of the province.
• Develop strategies based on the latest operational, financial, and regulatory events.
• Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
• Identify and analyze the strengths and weaknesses of the leading companies in the province.

1 Table of Contents 2
1.1 List of Tables 9
1.2 List of Figures 12
2 Alberta Energy Sector 13
2.1 Alberta Energy Sector, Market Overview 13
2.2 Alberta Energy Sector, Crude Oil 13
2.2.1 Alberta Crude Oil, Overview 13
2.2.2 Alberta Crude Oil, Supply and Demand Balance 13
2.2.3 Alberta Crude Oil, Regulatory Structure 17
2.2.4 Alberta Crude Oil, Infrastructure 18
2.3 Alberta Energy Sector, Natural Gas 18
2.3.1 Alberta Natural Gas, Overview 18
2.3.2 Alberta Natural Gas, Supply and Demand Balance 19
2.3.3 Alberta Natural Gas, Regulatory Structure 23
2.3.4 Alberta Natural Gas, Infrastructure 24
2.4 Alberta Energy Sector, Electricity 24
2.4.1 Alberta Electricity, Overview 24
2.4.2 Alberta Electricity, Regulatory Structure 26
3 Alberta Fiscal Regime 27
3.1 Alberta, Canada Petroleum Fiscal Environment 27
3.2 License Terms 28
3.3 Key Fiscal Terms 29
3.3.1 Royalty calculations in Alberta 29
4 Alberta Upstream Investment Environment Benchmarking 38
4.1 Introduction 38
4.2 The Overall Ranking 38
4.3 Upstream Fiscal Attractiveness 39
4.3.1 Revenue Protection 40
4.3.2 Fiscal Flexibility 40
4.4 Oil and Gas Sector Performance 41
4.4.1 Oil and Gas Production 43
4.4.2 Oil and Gas Reserves 44
4.4.3 Consumption 44
4.4.4 Refining Industry 44
5 Canada Alberta Exploration and Production Sector 45
5.1 Canada Alberta, Country Snapshot 45
5.1.1 Canada Alberta, Key Data 45
5.1.2 Canada Alberta, Exploration And Production Assets Map 46
5.1.3 Canada Alberta, Crude Oil & Natural Gas Reserves 47
5.2 Canada Alberta, Crude Oil And Natural Gas Production 49
5.2.1 Canada Alberta, Historical Crude Oil Production 49
5.2.2 Canada Alberta, Historical Natural Gas Production 50
5.2.3 Canada Alberta, Crude Oil and Natural Gas Production by Assets 51
5.2.4 Canada Alberta, Crude Oil Production by Company 56
5.2.5 Canada Alberta, Natural Gas Production By Company 58
5.3 Canada Alberta, Crude Oil And Natural Gas Forecasts 59
5.3.1 Canada Alberta, Forecasted Crude Oil Production Of Key Assets 59
5.3.2 Canada Alberta, Forecasted Natural Gas Production of Key Assets 60
6 Canada Alberta Oil and Chemicals Industry 61
6.1 Oil and Chemicals Storage Operations in Canada Alberta, Storage Operations 61
6.1.1 Oil and Chemicals Storage Sector in Canada Alberta, Total Storage Capacity 61
6.2 Oil and Chemicals Storage Operations in Canada Alberta, Company-wise Storage Capacity 61
6.3 Oil and Chemicals Storage Operations in Canada Alberta, Asset-wise Storage Capacity 63
7 Canada Alberta Underground Gas Storage Industry 64
7.1 Canada Alberta Underground Gas Storage Sector,Company-wise Storage Capacity 64
7.2 UnderGround Gas Storage Sector in Canada Alberta, Asset-wise Storage Capacity 64
8 Canada Alberta Pipeline Industry 65
8.1 Canada Alberta Pipeline Sector, Crude Oil Pipelines 65
8.2 Canada Alberta Pipeline Sector, Petroleum Product Pipelines 80
8.3 Canada Alberta Pipeline Sector, Natural Gas Pipelines 95
9 Canada Alberta Refining Sector 110
9.1 Canada Alberta Refining Sector, Total Refining Capacity 110
9.2 Refining Operations in Canada Alberta, Company-wise Refining Capacity 110
9.3 Refining Operations in Canada Alberta, Unit Capacities 110
9.3.1 Refining Operations in Canada Alberta, Crude Distillation Unit Capacity 110
9.3.2 Refining Operations in Canada Alberta, Coking Unit Capacity 111
9.3.3 Refining Operations in Canada Alberta, Fluid Ctalytic Cracking Unit Capacity 111
9.3.4 Refining Operations in Canada Alberta, Hydrocracking Unit Capacity 111
10 Profile of EnCana Corporation 112
10.1 EnCana Corporation, Key Information 112
10.2 EnCana Corporation, Company Overview 112
10.3 EnCana Corporation, Business Description 112
10.3.1 EnCana Corporation, Business Description, Business Overview 112
10.3.2 EnCana Corporation, Business Description, Integrated Oil 113
10.3.3 EnCana Corporation, Business Description, Market Optimization 114
10.3.4 EnCana Corporation, Business Description, Upstream 115
10.3.5 EnCana Corporation, Business Description, Major Products and Services 116
10.4 EnCana Corporation, Value Chain Analysis 118
10.4.1 EnCana Corporation, Value Chain Analysis, Upstream 118
10.4.2 EnCana Corporation, Value Chain Analysis, Downstream 119
10.5 EnCana Corporation, SWOT Analysis 120
10.5.1 EnCana Corporation, SWOT Analysis, Overview 120
10.5.2 EnCana Corporation, SWOT Analysis, Strengths 121
10.5.3 EnCana Corporation, SWOT Analysis, Weaknesses 121
10.5.4 EnCana Corporation, SWOT Analysis, Opportunities 122
10.5.5 EnCana Corporation, SWOT Analysis, Threats 123
10.6 EnCana Corporation, Revenue Analysis 124
10.6.1 EnCana Corporation, Revenue by Segment 124
10.6.2 EnCana Corporation, Revenue by Geography 125
10.7 EnCana Corporation, Financial and Operational Review 126
10.7.1 Financial Statements 126
10.7.2 Financial Ratios 127
11 Profile of Husky Energy Inc. 128
11.1 Husky Energy Inc., Key Information 128
11.2 Husky Energy Inc., Company Overview 128
11.3 Husky Energy Inc., Business Description 129
11.3.1 Husky Energy Inc., Business Description, Business Overview 129
11.3.2 Husky Energy Inc., Business Description, Midstream 130
11.3.3 Husky Energy Inc., Business Description, Refined Products 132
11.3.4 Husky Energy Inc., Business Description, Upstream 134
11.3.5 Husky Energy Inc., Business Description, Upstream 137
11.3.6 Husky Energy Inc., Business Description, Upstream 140
11.3.7 Husky Energy Inc., Business Description, Major Products and Services 142
11.4 Husky Energy Inc., Value Chain Analysis 144
11.4.1 Husky Energy Inc., Value Chain Analysis, Upstream 144
11.4.2 Husky Energy Inc., Value Chain Analysis, Midstream 145
11.4.3 Husky Energy Inc., Value Chain Analysis, Downstream 146
11.4.4 Husky Energy Inc., Value Chain Analysis, Retail 147
11.5 Husky Energy Inc., SWOT Analysis 148
11.5.1 Husky Energy Inc., SWOT Analysis, Overview 148
11.5.2 Husky Energy Inc., SWOT Analysis, Strengths 148
11.5.3 Husky Energy Inc., SWOT Analysis, Weaknesses 149
11.5.4 Husky Energy Inc., SWOT Analysis, Opportunities 150
11.5.5 Husky Energy Inc., SWOT Analysis, Threats 151
12 Profile of Canadian Natural Resources 153
12.1 Canadian Natural Resources Limited, Key Information 153
12.2 Canadian Natural Resources Limited, Company Overview 153
12.3 Canadian Natural Resources Limited, Business Description 153
12.3.1 Canadian Natural Resources Limited, Business Description, Business Overview 153
12.3.2 Canadian Natural Resources Limited, Business Description, Crude Oil and Natural Gas 154
12.3.3 Canadian Natural Resources Limited, Business Description, Horizon Project 156
12.3.4 Canadian Natural Resources Limited, Business Description, Midstream 158
12.3.5 Canadian Natural Resources Limited, Business Description, Major Products and Services 158
12.4 Canadian Natural Resources Limited, Value Chain Analysis 160
12.5 Canadian Natural Resources Limited, Value Chain Analysis, Upstream 160
12.5.1 Canadian Natural Resources Limited, Value Chain Analysis, Midstream 162
12.6 Canadian Natural Resources Limited, Value Chain Analysis, SWOT Analysis 163
12.6.1 Overview 163
12.6.2 Canadian Natural Resources Limited, Value Chain Analysis, Limited Strengths 163
12.6.3 Canadian Natural Resources Limited, Value Chain Analysis, Limited Weaknesses 164
12.6.4 Canadian Natural Resources Limited, Value Chain Analysis, Limited Opportunities 165
12.6.5 Canadian Natural Resources Limited, Value Chain Analysis, Limited Threats 166
12.7 Canadian Natural Resources Limited, Revenue Analysis 168
12.7.1 Canadian Natural Resources Limited, Revenue by Segment 168
12.7.2 Canadian Natural Resources Limited, Revenue by Geography 168
12.8 Canadian Natural Resources Limited, Financial and Operational Review 170
12.8.1 Financial Statements 170
12.8.2 Financial Ratios 171
13 Financial Deals Landscape 172
13.1 Detailed Deal Summary 172
13.1.1 Rumored Deals 172
13.1.2 Acquisition 174
13.1.3 Equity Offerings 182
13.1.4 Debt Offerings 189
13.1.5 Partnerships 191
13.1.6 Asset Transactions 192
14 Recent Developments 200
14.1 License Awards 200
14.1.1 Dec 23, 2008: Triangle Wins Nova Scotia Government Approval For Shale Gas Production Lease In Windsor Block 200
14.1.2 Dec 22, 2008: Buffalo Wins ERCB Approval For Frog Lake Development In Alberta, Canada 200
14.1.3 Dec 03, 2008: Enegi Wins Hydrocarbon Exploration Rights From C-NLOPB 201
14.2 Strategy and Business Expansion 201
14.2.1 Dec 19, 2008: Shell To Revisit Plans To Expand Oil-Sand Projects As Construction And Engineering Costs Drop 201
14.2.2 Dec 04, 2008: StatoilHydro Withdraws Application For Upgrader Project In Canada 202
14.3 Recent Discoveries 203
14.3.1 Dec 03, 2008: Corridor Discovers Oil At South Branch G-36 Well In New Brunswick, Canada 203
14.4 Drilling and Production Updates 205
14.4.1 Dec 24, 2008: Excelsior Begins Drilling Operations At Hangingstone, Canada 205
14.4.2 Dec 23, 2008: Exall Energy Updates On Production Test At Marten Mountain, Alberta 205
14.4.3 Dec 19, 2008: Enegi Updates On Its Drilling Program In Garden Hill South, Canada 206
14.4.4 Dec 19, 2008: Transeuro Starts Production Test At Beaver River Field In British Columbia 206
14.4.5 Dec 19, 2008: Corridor Updates On Its Operations In New Brunswick, Canada 207
14.4.6 Dec 19, 2008: Atlas Energy Completes Vertical Well In Marcellus Shale, Pennsylvania 209
14.5 Financial Announcements 210
14.5.1 Dec 18, 2008: Teekay Tankers Reports Q3 2008 Results 210
14.5.2 Dec 18, 2008: Niko Declares Quarterly Dividend 212
14.5.3 Dec 15, 2008: Vermilion Announces Cash Distribution 212
14.6 Other Significant Developments 213
14.6.1 Dec 24, 2008: Pemberton Provides Operational Update 213
14.6.2 Dec 24, 2008: EurOmax Announces Director Resignation 213
14.6.3 Dec 23, 2008: Profound Announces Capital Program For 2009 214
14.6.4 Dec 23, 2008: Profound Provides Operational Update 215
14.6.5 Dec 23, 2008: Talisman To Reduce 2009 Capital Budget 216
14.6.6 Dec 22, 2008: Petroflow Receives Conditional Listing Approval On TSX 217
14.6.7 Dec 22, 2008: Compton Announces Reduced Capital Program For 2009 217
14.6.8 Dec 22, 2008: Canoro Provides Operational Update 220
14.6.9 Dec 19, 2008: E&P Companies Spending To Slide 12% In 2009 221
14.6.10 Dec 19, 2008: Reef Board Member Resigns 222
15 Appendix 223
15.1 Methodology 223
15.1.1 Coverage 223
15.1.2 Secondary Research 224
15.1.3 Primary Research 224
15.1.4 Forecasts 225
15.2 Expert Panel Validation 227
15.3 Definitions 227
15.4 Unit of Measure 228
15.5 Contact Us 229
15.7 Disclaimer 229

1.1 List of Tables
Table 1: Alberta, Historical and Forecasted Production and Consumption of Crude Oil, 1996-2020 14
Table 2: Alberta, Historical and Forecasted Reserves of Crude Oil, 1996-2020 16
Table 3: Alberta, Historical and Forecasted Production and Consumption of Natural Gas, 1996-2020 20
Table 4: Alberta, Historical and Forecasted Reserves of Natural Gas, 1996-2020 22
Table 5: Alberta, Historical and Forecasted Generation of Electricity, 1996-2020 25
Table 6: Alberta, Natural Gas Royalty Variations For In Stream Components 29
Table 7: Alberta, Deep Gas Royalty Holiday Program 30
Table 8:       Canada, Claiming Capital Cost Allowance (CCA), 2007 36
Table 9:       Canada, Intangible Assets Depreciation Rate, 2007 36
Table 10: Canada, Investment Benchmarking, Overall State Rankings, April 2008 38
Table 11: Canada, Investment Benchmarking, Upstream Fiscal Attractiveness, April 2008 39
Table 12: Canada, Investment Benchmarking, Oil and Gas Sector Performance, April 2008 41
Table 13: Canada Alberta, Oil and Gas, Key Statistics, April 2008 45
Table 14: Canada Alberta, Total Crude Oil and Natural Gas Reserves(MMBOE), 2000-2012 48
Table 15: Canada Alberta, Total Crude Oil Production (MMBBLs), 2000-2007 49
Table 16: Canada Alberta, Total Natural Gas Production (BCF), 2000-2007 50
Table 17: Canada Alberta, Crude Oil and Natural Gas Production (MMBOE), by Assets, 2000-2007 51
Table 18: Canada Alberta, Crude Oil and Natural Gas Production (MMBOE), by Assets, 2000-2007 (Cont’d) 52
Table 19: Canada Alberta, Crude Oil and Natural Gas Production (MMBOE), by Assets, 2000-2007 (Cont’d) 53
Table 20: Canada Alberta, Crude Oil and Natural Gas Production (MMBOE), by Assets, 2000-2007 (Cont’d) 54
Table 21: Canada Alberta, Crude Oil and Natural Gas Production (MMBOE), by Assets, 2000-2007 (Cont’d) 55
Table 22: Canada Alberta, Total Crude Oil Production (MBBLs), by Company, 2000-2007 56
Table 23: Canada Alberta, Total Crude Oil Production (MBBLs), by Company, 2000-2007, (Cont’d) 57
Table 24: Canada Alberta, Total Natural Gas Production (MMCF), by Company, 2000-2007 58
Table 25: Canada Alberta, Total Natural Gas Production (MMCF), by Company, 2000-2007 59
Table 26: Canada Alberta, Total Crude Oil Production (MMBBLs), Forecast, 2008-2013 59
Table 27: Canada Alberta, Total Natural Gas Production (BCF), Forecast, 2008-2013 60
Table 28:      Canada Alberta, Total Storage capacity (Thousand M3),2000-2012 61
Table 29:      Canada Alberta, Company-wise Oil and Chemicals Capacity (Thousand M3),2000-2012 61
Table 30:      Canada Alberta, Asset-wise Oil and Chemicals Capacity (Thousand M3),2000-2012 63
Table 31:      Canada Alberta, Company-wise Gas Storage Capacity, 2007 64
Table 32:      Canada Alberta, Asset-wise Gas Storage Capacity,2007 64
Table 33:      Canada Alberta, Crude Oil Pipelines, 2007 65
Table 34:      Canada Alberta, Petroleum Product Pipelines, 2007 80
Table 35:      Canada Alberta, Natural Gas Pipelines, 2007 95
Table 36:      Canada Alberta, Total Refining capacity (MMTPA),2000-2012 110
Table 37:      Canada Alberta, Company-wise Refining Capacity in Canada Alberta (MMPTA),2000-2012 110
Table 38:      Canada Alberta, Crude Distillation Unit Capacity(MMPTA),2000-2012 110
Table 39:      Canada Alberta, Coking Unit Capacity(MMPTA),2000-2012 111
Table 40:      Canada Alberta, Fluid Ctalytic Cracking Unit Capacity(MMPTA),2000-2012 111
Table 41:      Canada Alberta, Hydrocracking Unit Capacity(MMPTA),2000-2012 111
Table 42: EnCana Corporation,Key Facts, 2007 112
Table 43: EnCana Corporation, SWOT Analysis , 2007 120
Table 44: EnCana Corporation, Revenue by Segment, USD Million, 2003-2007 124
Table 45: EnCana Corporation, Revenue by Geography, USD Million, 2003-2007 125
Table 46: EnCana Corporation, Financial Statements, USD Million, 2003-2007 126
Table 47: EnCana Corporation, Financial Ratios, USD Million, 2003-2007 127
Table 48: Canadian Natural Resources Limited,Key Facts, 2007 153
Table 49: Canadian Natural Resources Limited, SWOT Analysis , 2007 163
Table 50: Canadian Natural Resources Limited, Revenue by Segment, C$ Million, 2003-2007 168
Table 51: Canadian Natural Resources Limited, Revenue by Geography, C$ Million, 2003-2007 169
Table 52: Canadian Natural Resources Limited, Financial Statements, C$ Million, 2003-2007 170
Table 53: Canadian Natural Resources Limited, Financial Ratios, C$ Million, 2003-2007 171
Table 54:      CNPC To Acquire Verenex Energy 172
Table 55:      Oilexco Plans To Sell The Company 173
Table 56:      Ceres Capital Acquires Reliable Energy 174
Table 57:      GA Capital Announces To Acquire Kimpar Resources 175
Table 58:      JPMorgan Chase To Acquire UBS Canadian Energy From UBS 176
Table 59:      Benchmark Energy To Acquire Delavaco Energy 177
Table 60:      Sinopec Acquires Tanganyika Oil Company 178
Table 61:      Lander Energy To Acquire Heathercrest Energy 180
Table 62:      Seriatim Ventures Acquires Forent Energy 181
Table 63:      Algonquin Oil & Gas Completes Private Placement Of $0.1 Million 182
Table 64:      Petrobank Energy and Resources Completes Private Placement Of $7.83 Million 184
Table 65:      Vulcan Minerals Completes Private Placement Of $0.13 Million 186
Table 66:      Euromax Resources Announces Private Placement Of $0.4 Million 187
Table 67:      Kimpar Resources Announces Private Placement Of $0.65 Million 188
Table 68:      Daylight Resources Completes $60.44 Million Public Offering Of Convertible Unsecured Subordinated Debentures 189
Table 69:      Thunderbird Energy Announces Private Placement Of $1.58 Million 190
Table 70:      Kodiak Energy Enters Into Partnership With CREEnergy Oil And Gas 191
Table 71:      Claude Resources Sells Oil And Natural Gas Assets 192
Table 72:      HFG Holdings Acquires Montney Petroleum Rights From Sabretooth Energy 193
Table 73:      Pemberton Energy To Farm Out Interests In Peace River Arch land holdings 194
Table 74:      Pemberton Energy To Acquire Freehold Mineral Rights 195
Table 75:      EurOmax Resources Oil And Gas Interest In Eyremore Property For $0.25 Million 196
Table 76:      Mooncor Oil & Gas Acquires Acreage In Western Canadian Shale Gas Play 197
Table 77:      Saha Petroleum Acquires Exploration Property From Brahma Resources 198
Table 78:      Vulcan Minerals To Acquire Addtional Interest In Exploration Permits From Deer Lake Oil and Gas For $0.17 Million 199

1.2 List of Figures
Figure 1: Alberta, Crude Oil Production And Consumption, Thousand Barrels Per Day, 1996-2020 15
Figure 2: Alberta, Crude Oil Reserves, Million Barrels, 1996-2020 17
Figure 3: Alberta, Natural Gas Production And Consumption, Billion Cubic Feet, 1996-2020 21
Figure 4: Alberta, Natural Gas Reserves, Billion Cubic Feet, 1996-2020 23
Figure 5: Alberta, Electricity Generation, Billion Kilowatt Hours, 1996-2020 26
Figure 6: Canada, State Standings, Upstream Fiscal Attractiveness, April 2008 40
Figure 7: Canada, State Standings, Oil and Gas Sector Performance, April 2008 42
Figure 8: Canada, State Standings, Oil and Gas Sector Performance, April 2008 (Contd.) 43
Figure 9: Canada Alberta, Exploration and Production Assets Map, April 2008 46
Figure 10:     Canada Alberta, Total Crude Oil and Natural Gas Reserves(MMBOE), 2000-2012 47
Figure 11: Canada Alberta, Total Crude Oil Production (MMBBLs), 2000-2007 49
Figure 12: Canada Alberta, Total Natural Gas Production (BCF), 2000-2007 50
Figure 13:      Canada Alberta,  Company-wise Oil and Chemicals Storage  Capacity (Thousand M3), 2000-2012 62
Figure 14:     EnCana Corporation, Value Chain Analysis 118
Figure 15: Canadian Natural Resources Limited, Value Chain Analysis 160
Figure 16: Methodology 223