Current Economic Climate. May 7, 2015 Presentation to ROABA
|
|
- Hannah Payne
- 5 years ago
- Views:
Transcription
1 Current Economic Climate May 7, 2015 Presentation to ROABA
2 Overview Role of OSCA Business environment and trends Working with change
3 OSCA s Vision To pursue innovative solutions that help to build thriving communities and shared value with our neighbours and enables the responsible growth of Canada s oil sands. We facilitate engagement, build relationships and collaborate to create measurable socio-economic benefits. 3
4 OSCA s Structure and Focus Areas Workforce Work with other active groups to forecast employee numbers, identify required skills, and help to retain an adequate supply of trained workers in Alberta s oil sands. Infrastructure Foster collaboration amongst stakeholders to help plan, prioritize, & promote the development of infrastructure by governments and industry in Alberta s oil sands. Oil Sands CEO Council CAPP Oil Sands Executive Policy Group OSCA Steering Group OSCA Regional Stakeholder Engagement Aboriginal Relations Strengthen relationships with Aboriginal communities by collaborating to enhance socio-economic opportunities Community Well-Being Maintain the social license to operate in affected communities while recognizing the responsibility to help promote sustainable development of Alberta s oil sands.
5 OSCA Members and Mandate Area 23 oil sands companies with assets or interests in the Athabasca Oil Sands Area.
6 OSCA s Key Initiatives Production Workforce Population Community Well-Being Sustainable Community Indicators Task Group: Joint models for planning and measuring sustainable communities (Municipal, industry, stakeholders) Healthy Society Task Group: Strong relations with AHS: on-line medical controls for patient transfers, bio-hazard disposal program Industry best practices on short and long-term disability Improving Addictions & Mental Health services (working group) Property Tax and Assessment Task Group: Joint population forecast model (industry, municipality, Province) Municipal budgets, property assessments, taxation Municipal planning 6
7 OSCA s Key Initiatives Aboriginal Relations Education and Skills Developing an inclusive multi-sector forum Sustainable Communities JIP Community capacity building through youth Business Development Task Group One-on-one engagement with business Education on industry lifecycle Expanding opportunities 7
8 OSCA s Key Initiatives Infrastructure Ground Transportation Task Group: High Load Corridor JIP AOSA Industry infrastructure priorities Aviation Task Group: YYC east runway policy delaying industry charters JIP with NavCanada for improved navigation infrastructure Camps Task Group: Bear Management & Safety JIP Survey of industry standards Power and Co-generation Task Group: Electricity transmission reliability Fair provincial policy on co-generation 8
9 OSCA s Key Initiatives Workforce Pilot JIP to increase supply of power engineers Improve workforce forecast models
10 OSCA s Stakeholder Engagement Purpose: Work with regional stakeholders to identify, prioritize and manage key socio-economic issues to improve outcomes. Identify opportunities for collaboration among stakeholders. Reaffirm industry s commitment to building and maintaining relationships, communication and dialogue. Areas of focus: Communities in the Athabasca Oil Sands Area (AOSA). Engagement to date: Two sessions in each of Fort McMurray and Lac La Biche. 12 top priorities identified and being actioned.
11 Pressures on the Canadian Oil Industry Market Access Social License Demand & Competition Geopolitics The Canadian Oil Industry Crude Oil Supply/Demand Technology Environmental Performance Government Policy Skilled Workforce Aboriginal Relationships 11
12 Crude Oil Prices 12
13 Recent Oil Price Trend
14 Revised Oil Sands Capital Investment Forecast for 2015 Capital Investment in oil sands in 2015: $25 BILLION Enbridge Mainline PADD IV Trans Mountain Express 2015 capital investment in oil sands is forecast at $25 billion compared to $33 billion last year down 28%. 14
15 Canadian Pipeline Capacity vs 2014 Supply Forecast Enbridge Mainline PADD IV Trans Mountain Express Note: Access to markets via pipeline is essential despite current economic climate 15
16 Economic Forecasts for Q2 2015/16 Date Organization Alberta Real GDP Growth 2015 Oil Price in WTI U.S.$/bbl Oil Price Q2 Oil Price 2016 April TD Bank 1.1% May BMO 0.4% 52 avg 65 April ATB 0.8% April CIBC Mar. RBC 0.6% Modest growth Feb. U.S. EIA: - 55 avg 71 -
17 Challenging Environment Oversupply: OPEC producing 31 M bpd highest in four years U.S. production rose at 1.0 m b/d over past 3 years Canadian oil sands production increases Inventory storage is limited
18 World Oil Demand The forecast of global oil demand for 2015 has been raised by 90 kb/d to 93.6 mb/d, a gain of 1.1 mb/d on the year. This increase on 2014's 0.7 mb/d growth follows cold temperatures in 1Q15 and an improving global economic backdrop. Global supply rose by an estimated 1 mb/d month-on-month in March, to 95.2 mb/d, as OPEC production recorded its highest monthly increase in nearly four years. Annual gains of a whopping 3.5 mb/d were split between OPEC and non-opec production International Energy Agency World Oil Outlook March 2015
19 Challenging Times Industry revenues forecast to be down more than $50 billion in 2015, down from $150 billion in industry budgets reduced significantly Approx. 14,000 natural resource sector jobs lost in Alberta (StatsCan Mar Labour Market Survey) Project schedules delayed or cancelled Projects moving from construction to operations
20 Member Company Q1 Results Suncor Energy April 30 Posted $341M loss in Q % decline in operating profit. Cenovus April 30 Posted $686M loss in Q Imperial Oil April 30 Earnings down 55% over same time last year to $421M in Q Royal Dutch Shell Canadian Oil Sands Trust May 1 Earnings down 56% over same time last year to $675M in Q May 5 Posted loss of $186M in Q Down 46% over Q1 of Husky Energy May 5 Posted Q earnings of $191M, down from $669M same time in 2014.
21 Oil Sands Production Increases South Athabasca (capacity - bbl/day) Company F Blackpearl Blackrod Pilot 800 CNRL Kirby South 40,000 Cenovus Christina Lake 40,000 40,000 40,000 40,000 Cenovus Foster Creek 30,000 Cenovus Pelican Lk Pilot 600 CNOOC Kinosis (K1A) 20,000 ConocoPhillips-Surmont Ph.2 118,000 Devon Jackfish 2 and 3 35,000 35,000 Connacher Algar Ph.1 6,000 Harvest Energy Blackgold Ph.1 10,0000 Grizzly Algar Lake 6,000 MEG Energy Christina Lake Ph.2 55,000 Statoil Leismer 10,000 TOTALS 46,400 40, , , ,000
22 OSCA Aboriginal Business Development Task Group Purpose: Work to identify and build partnerships with Aboriginal businesses and associations to enhance business capacity, skills and knowledge and to support economic development initiatives. Current activities include: Connecting with key Aboriginal businesses and organizations to build relationships and understand business needs and challenges to help foster success Developing information on the oil sands industry lifecycle and what it means to local business Identifying present and future opportunities
23 Thank You! For more information: Reegan McCullough Executive Director Phone:
Oil Sands: Forecast Update. Date: March 20, 2009
Oil Sands: Forecast Update Date: March 20, 2009 Athabasca Oil Sands Area Status of Oil Sands Projects Under Construction/Approved/Application (Jan. 2009) Total potential bitumen production for projects
More informationOil Sands Outlook: How will the Challenges Facing the Industry affect Growth?
Oil Sands Outlook: How will the Challenges Facing the Industry affect Growth? 29 Global Petroleum Conference June 9-11, 29 Calgary, Alberta Bob Dunbar Strategy West Inc. 12-1 Photo Source: Syncrude Canada
More informationSustainable Oil Sands Development A Shared Pursuit. November 20, 2014 Fort McMurray Chamber of Commerce
Sustainable Oil Sands Development A Shared Pursuit November 20, 2014 Fort McMurray Chamber of Commerce Overview Scope of oil sands development Update on OSCA Current situation 300 250 200 150 100 50 0
More informationOil Sands Priorities for the Athabasca Region
Oil Sands Priorities for the Athabasca Region About OSCA The Oil Sands Community Alliance (OSCA) pursues innovative solutions to build thriving communities and enable the responsible growth of Canada s
More informationSupply Cost of Alberta Oil Sands
Supply Cost of Alberta Oil Sands Farhood Rahnama, PhD Katherine Elliott Alberta Energy and Utilities Board 26th Annual North American Conference of the USAEE/IAEE Ann Arbor, Michigan, September 24-26,
More informationAlberta s s Energy Industry will the growth continue?
Alberta s s Energy Industry will the growth continue? Marcel Coutu President, Chief Executive Officer Canadian Oil Sands Limited, Manager of Canadian Oil Sands Trust O C T O B E R 2 4, 2 0 0 7 Forward-looking
More informationExpanding Market Access for Alberta s Oil Resources
Expanding Market Access for Alberta s Oil Resources Presentation for the Crude Markets & Rail Take Away Summit Richard Masson, CEO Alberta Petroleum Marketing Commission (APMC) Agenda Alberta s Challenge
More informationCOQG and CCQTA Joint Industry Meetings. Canada s Crude Oil Outlook
COQG and CCQTA Joint Industry Meetings Canada s Crude Oil Outlook June 24-25, 2008 Calgary, Alberta Barry Lynch Manager, Oil Markets & Pipelines Canadian Association of Petroleum Producers 140 producer
More informationKey Companies Active in Alberta Oil Sands
Key Companies Active in Alberta Oil Sands Crystal Roberts / Kirill Abbakumov CS Calgary - December 2014 Alberta Oil Sands Overview The oil sands comprise more than 98% of Canada s 173 billion barrels of
More information2012 Alberta Connects
2012 Alberta Connects Agenda PCL Market Alberta Market Scott Matheson Director, Business Development, Alberta Labour Challenges Additional Market Influences PCL Market Independent Operating Company Locations
More informationOil Sands Supply and Investment Outlook. China-Canada Energy Cooperation Conference
Relevant Independent Objective Oil Sands Supply and Investment Outlook China-Canada Energy Cooperation Conference Bob Dunbar Senior Director, Research Canadian Energy Research Institute University of Alberta
More informationBitumen by Rail or Pipe?
Bitumen by Rail or Pipe? October 2012 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking statements
More informationMarket Access for Land Locked North American Crude Oil
Market Access for Land Locked North American Crude Oil TD London Energy Conference January 14, 2013 J. Richard Bird Executive Vice President, Chief Financial Officer & Corporate Development Legal Notice
More informationOil Sands Supply Outlook Potential Supply and Costs of Crude Bitumen and Synthetic Crude Oil in Canada,
Oil Sands Supply Outlook Potential Supply and Costs of Crude Bitumen and Synthetic Crude Oil in Canada, 2003-2017 Breakfast Seminar March 10, 2004 1 Agenda Introduction Study Conclusions Overview of Alberta
More informationCIBC World Markets Inc Energy Conference. Toronto April 21, 2009
CIBC World Markets Inc. 2009 Energy Conference Toronto April 21, 2009 Contact Information W. J. (Bill) Lingard President and Chief Executive Officer Telephone (Direct): (403) 218-7188 E-mail: blingard@flintenergy.com
More informationGibson Energy Inc growth capex up 16% y/y Business as usual calling all bargain hunters! HIGHLIGHTS. The NBF Daily Bulletin.
Title: Gibson Energy Inc. - GE I (T) Cdn$30.11 Price: Cdn$30.11 StockRating: Outperform TargetPrice: Cdn$34.00 Headline: Propane tuck-ins + steady storage capacity growth; reiterate GEI (T) Stock Rating:
More informationNorth America s Energy Infrastructure Renaissance. Al Monaco President & Chief Executive Officer. CIBC Whistler Institutional Investor Conference
North America s Energy Infrastructure Renaissance CIBC Whistler Institutional Investor Conference January 23, 2014 Al Monaco President & Chief Executive Officer Legal Notice This presentation includes
More informationTD Securities Calgary Energy Conference. Grizzly Oil Sands
TD Securities Calgary Energy Conference July 2013 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking
More informationFIFO in the Oil Sands: Fly-In/Fly-Out Operations in the RMWB
Position Paper FIFO in the Oil Sands: Fly-In/Fly-Out Operations in the RMWB Submitted to: Oil Sands Community Alliance (OSCA) January 2018 Table of Contents 1. Executive Summary... 1 2. Background and
More informationCanadian Oil & Gas Industry: 2015 Fiscal and Economic Priorities
Canadian Oil & Gas Industry: 2015 Fiscal and Economic Priorities Presentation to the Canadian Petroleum Tax Society October 30, 2014 Ben Brunnen 1 Overview About Canada s Oil & gas industry Trends Confronting
More informationBRIK Infrastructure and Bitumen Supply Availability
Government of Alberta BRIK Infrastructure and Bitumen Supply Availability Submitted to Industry: November 2009 Oil Sands Operations, Department of Energy 11/9/2009 Executive Summary Based on bitumen production
More informationCanada s Oil Sands. Valve Manufacturers Association Orlando, Florida October 14 th, Martyn Griggs Manager Oil Sands, CAPP
Canada s Oil Sands Valve Manufacturers Association Orlando, Florida October 14 th, 2011 Martyn Griggs Manager Oil Sands, CAPP Canadian Association of Petroleum Producers Presentation Outline Global & U.S.
More informationDelivering Profitable Growth. Investor Presentation
Delivering Profitable Growth Investor Presentation JANUARY 2012 Disclaimer This presentation is not, and under no circumstances is to be construed to be a prospectus, offering memorandum, advertisement
More informationInvestment Community Presentation March 2009
Investment Community Presentation March 2009 ENBRIDGE ENERGY PARTNERS, L.P. 1 ENBRIDGE ENERGY MANAGEMENT, L.L.C. Legal Notice Certain information during this presentation will constitute forwardlooking
More informationInter Pipeline Fund Announces Very Strong Second Quarter 2010 Results
News Release Inter Pipeline Fund Announces Very Strong Second Quarter 2010 Results CALGARY, ALBERTA, AUGUST 5, 2010: Inter Pipeline Fund ( Inter Pipeline ) (TSX: IPL.UN) announced today its financial and
More informationPresented to: Crude Oil Quality Group (COQG) Courtyard Marriott Hotel, Long Beach, Ca. Feb 26, 2009
Canadian Heavy Oil Association Presented to: Crude Oil Quality Group (COQG) Courtyard Marriott Hotel, Long Beach, Ca. Feb 26, 2009 0 Alberta Oil Sands Bitumen is still there Change in direction or course
More informationCanada s Oil Sands An Overview
Canada s Oil Sands An Overview SCIJ Conference - Lake Louise Alberta February 7, 2011 Dave Collyer President, Canadian Association of Petroleum Producers Global Primary Energy Demand Significant energy
More informationThe financing of tar sands companies by UBS and Credit Suisse. A research paper prepared for Greenpeace Switzerland
The financing of tar sands companies by UBS and Credit Suisse A research paper prepared for Greenpeace Switzerland The financing of tar sands companies by UBS and Credit Suisse A research paper prepared
More information`Canada Asia Energy Cooperation Conference
`Canada Asia Energy Cooperation Conference A Review of Asian Investment in Canada s E&P Sector: Economic Drivers and Current Challenges September 8, 2011 Robert J. Mason Managing Director Head of Oil Sands,
More informationCanada s Oil Sands: Production Outlook and Economic Impacts
Canadian Energy Research Institute Canada s Oil Sands: Production Outlook and Economic Impacts Dinara Millington Canadian Energy Research Institute EMD / SEG / DEG Oil Sands and Heavy-Oil Workshop June
More informationInnovation in the Oil Sands Industry
Canada s s Oil Sands Innovation in the Oil Sands Industry Canadian Association of Petroleum Producers February 10, 2012 The Global Energy Spotlight on Canada Environment Resource Investment Jobs 2 Oil
More informationEnergy East Pipeline. Economic Developer s Association of Canada Conference. Energy Program. September 29, 2014
Energy East Pipeline Economic Developer s Association of Canada Conference Energy Program September 29, 2014 Forward-looking Information This presentation contains certain information that is forward looking
More informationEconomic Outlook for Canada s Energy Sector. Saskatchewan Oil and Gas Supply Chain Forum November 17, 2015
Economic Outlook for Canada s Energy Sector Saskatchewan Oil and Gas Supply Chain Forum November 17, 2015 1 Outline CAPP Who we are Economic Outlook Capital investment Oil and Gas Prices Production and
More informationST98: 2017 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.
ST98: 2017 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK Executive Summary ST98 www.aer.ca Executive SummARY The Alberta Energy Regulator (AER) ensures the safe, however, will depend on the level
More informationUpstream Oil and Gas Industry Outlook
Upstream Oil and Gas Industry Outlook Ben Brunnen November 3, 2015 Presentation to the Petroleum Services Association of Canada (PSAC) 2 Overview About Canada s Oil & gas industry Economic Context Competitiveness
More informationOil Sands Outlook: How will the Challenges Facing the Industry affect Growth?
Oil Sands Outlook: How will the Challenges Facing the Industry affect Growth? 4 th Annual Canadian Oil Sands Summit Insight Information Calgary, Alberta January 16-17, 2007 Bob Dunbar, P.Eng. Strategy
More informationThe Bison Pipeline Project. Public Disclosure Document
The Bison Pipeline Project Public Disclosure Document Who is involved with the Bison project? Bison Pipeline Ltd. (Bison Pipeline), a wholly owned subsidiary of BC Gas Inc., has released a public disclosure
More informationInter Pipeline Fund Announces Strong Third Quarter 2010 Results
News Release Inter Pipeline Fund Announces Strong Third Quarter 2010 Results CALGARY, ALBERTA, NOVEMBER 4, 2010: Inter Pipeline Fund ( Inter Pipeline ) (TSX: IPL.UN) announced today its financial and operating
More informationCaralyn Bennett Vice President Oil Sands
Caralyn Bennett Vice President Oil Sands July 2013 cbennett@gljpc.com 403 266 9552 More than 40 years evaluation experience Evaluating oil sands since the mid 80 s We evaluate nearly 100% of the currently
More informationCORPORATE PRESENTATION OCTOBER 2012 UPDATE
CORPORATE PRESENTATION OCTOBER 2012 UPDATE Introduction BlackPearl is a Canadian heavy oil / oil sands producer with a combination of investment attributes that make it a unique opportunity: 1. Experienced
More informationFINAL REPORT. Socio-Economic Impact Assessment. Great Divide SAGD Expansion Project. Submitted to: Connacher Oil and Gas Limited.
FINAL REPORT Socio-Economic Impact Assessment Great Divide SAGD Expansion Project Submitted to: By: Nichols Management and Economic Consultants May 2010 TABLE OF CONTENTS 1. PROJECT DESCRIPTION... 1 2.
More informationMarket Access - The Strategic Imperative Continues
Market Access - The Strategic Imperative Continues Al Monaco, President & CEO TD Securities - Calgary Energy Conference July 9, 2014 Agenda 1. The global energy context 2. North American crude oil fundamentals
More informationEvolution of Heavy Oil Mining and In-Situ Extraction Techniques from Alberta s Oil Sands
see the VALUE Evolution of Heavy Oil Mining and In-Situ Extraction Techniques from Alberta s Oil Sands Presentation to; Mining Institute of Scotland December 12 th, 2007 Agenda The Case for Oil Sands Historical
More informationCORPORATE PRESENTATION NOVEMBER 2012 UPDATE
CORPORATE PRESENTATION NOVEMBER 2012 UPDATE Corporate Snapshot Market Capitalization: Current market capitalization: $1 billion (TSX: PXX $3.47 share @ 11/1/12) Shares outstanding: Basic: 285 million Fully
More informationEnergy Business Unit. Ray Reipas Senior Vice President, Energy
Energy Business Unit Ray Reipas Senior Vice President, Energy Forward Looking Information and Resource Notice These slides contain certain forward-looking statements within the meaning of the United States
More informationA Perspective on Canada s Upstream Oil & Gas Sector
A Perspective on Canada s Upstream Oil & Gas Sector 2010 Edmonton Real Estate Forum May 4, 2010 Dave Collyer President, Canadian Association of Petroleum Producers Presentation Outline Current business
More informationAlberta's Economic Outlook
Alberta's Economic Outlook Catherine Rothrock Chief Economist & Executive Director Alberta Treasury Board and Finance December 6, 218 Solid growth in second year of recovery, differentials weigh on 219
More informationCORPORATE PRESENTATION MARCH 2013
CORPORATE PRESENTATION MARCH 213 Corporate Snapshot Market Capitalization: Current market capitalization: $.75 billion (TSX: PXX $2.5 share @ 2/28/13) Shares outstanding: Basic: 296 million Fully Diluted:
More informationEcological Monitoring Committee for the Lower Athabasca. Annual Report
Ecological Monitoring Committee for the Lower Athabasca Annual Report 2013-14 Released April 23, 2014 Ecological Monitoring Committee for the Lower Athabasca 2013-14 Annual Report Table of Contents 2013-14
More informationThe Honourable James Carr! Minister of Natural Resources! 21st Floor 580 Booth Street, Room C7-1! Ottawa Ontario K1A 0E4! September 14, 2016!
The Honourable James Carr Minister of Natural Resources 21st Floor 580 Booth Street, Room C7-1 Ottawa Ontario K1A 0E4 September 14, 2016 Dear Minister Carr, On February 15, 2016, you received a memo 1
More informationBLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) 215-8313 Fax (403) 265-5359 www.blackpearlresources.ca NEWS RELEASE February 22, 2018 BLACKPEARL ANNOUNCES FOURTH QUARTER
More informationEnergy Business Unit & Marketing. March 31, 2015 Ray Reipas, Senior Vice President, Energy
March 31, 2015 Ray Reipas, Senior Vice President, Energy Forward Looking Information Both these slides and the accompanying oral presentation contain certain forward-looking statements within the meaning
More informationProvince of Alberta. June, Stephen J Thompson Executive Director Capital Markets, Treasury Board and Finance. and
Province of Alberta US Investor Meetings June, 2017 Stephen J Thompson Executive Director Capital Markets, Treasury Board and Finance and Catherine Rothrock Chief Economist & Executive Director, Treasury
More informationProposed Development Plan KIRBY IN-SITU OIL SANDS PROJECT
Proposed Development Plan KIRBY IN-SITU OIL SANDS PROJECT Public Disclosure Document December 2006 About Canadian Natural Who We Are Canadian Natural Resources Limited (Canadian Natural) is a senior independent
More informationCanadian Oil Sands Summit. Grizzly Oil Sands
Canadian Oil Sands Summit February 2014 Forward-Looking Statements Certain statements, estimates and financial information contained in this presentation ("Estimates") constitute forwardlooking statements
More informationANNUAL REPORT
2015 ANNUAL REPORT MEG Energy Corp. is a Canadian energy company focused on sustainable in situ development and production in the southern Athabasca oil sands region of Alberta. Strategic. Innovative.
More informationA L B E R TA OIL SANDS INDUSTRY
A L B E R TA OIL SANDS INDUSTRY Q U A R T E R LY U P D AT E SPRING 2015 Reporting on the period: December 5, 2014 to March 20, 2015 All about the oil sands Background of an important global resource ON
More informationThe Oil Sands: Canada s World-Scale Hydrocarbon Resource
The Oil Sands: Canada s World-Scale Hydrocarbon Resource Kuala Lumpur Explorationists Technical Meeting 13 June 2006 Kuala Lumpur Convention Centre, Malaysia R.B. (Bob) Dunbar Strategy West Inc. Calgary,
More informationBorealis In-Situ Project. Public Disclosure September 2007
Borealis In-Situ Project Public Disclosure September 2007 1 Borealis In-Situ PDD September 2007 Table of contents Summary Profi le of EnCana Guiding principles Project location Project overview Project
More informationInter Pipeline Announces Record 2014 Financial and Operating Results
News Release Inter Pipeline Announces Record 2014 Financial and Operating Results CALGARY, ALBERTA, FEBRUARY 19, 2015: Inter Pipeline Ltd. ( Inter Pipeline ) (TSX: IPL) announced today financial and operating
More informationThe Oil Sands: What is Needed to Realize the Potential?
The Oil Sands: What is Needed to Realize the Potential? National Buyer/Seller Forum March 25-27, 2008 Edmonton, Alberta Bob Dunbar Strategy West Inc. 1 Photo Source: Syncrude Canada Limited Presentation
More informationEconomic Impacts of Low Crude Prices on the Canadian Economy
Canadian Energy Research Institute Economic Impacts of Low Crude Prices on the Canadian Economy Dinara Millington Canadian Energy Research Institute Ryder Scott Canada Reserves Conference May 10, 2016
More informationSECOND QUARTER 2018 Report to Shareholders for the period ended June 30, 2018
SECOND QUARTER 2018 Report to Shareholders for the period ended June 30, 2018 MEG Energy Corp. reported second quarter 2018 operating and financial results on August 2, 2018. Highlights include: Quarterly
More informationCREATING SUSTAINABLE. VALUE April Investor Presentation
CREATING SUSTAINABLE VALUE April Investor Presentation Objectives & Priorities Focus on capital discipline and free cash flow generation Debt reduction and balance sheet strength Improve market access
More informationSyncrude Canada Ltd. Responsible Oil Sands Development
Syncrude Canada Ltd. Responsible Oil Sands Development ACTIMS Canada East - Building Trades Review November 2014 What is Oil Sand? Oil sand is a natural mixture of sand, water, clay and bitumen (approx.
More informationGRANT MARTIN. Forum. Impact of the Economic Downturn on the Development of the Canadian Oil Sands
Forum Impact of the Economic Downturn on the Development of the Canadian Oil Sands GRANT MARTIN Director Supply Chain Management Commercial Support TransCanada TransCanada Keystone Pipeline Canadian Market
More informationCorporate Presentation. Summer 2016
Corporate Presentation Summer 2016 Corporate Snapshot Cavalier Energy was spun out of Paramount Resources in 2011 comprising Oilsands and Carbonate bitumen assets Owned 100% by Paramount Resources Execution
More informationContinuing Success in Heavy Oil
Continuing Success in Heavy Oil Corporate Presentation March 2018 Advisory FORWARD-LOOKING STATEMENTS: This presentation contains certain forward-looking statements and forward-looking information (collectively
More informationKey Economic Challenges Facing the Canadian Oil Sands Industry
Key Economic Challenges Facing the Canadian Oil Sands Industry 5 th Annual Canadian Oil Sands Summit Insight Information January 16-17, 28 Calgary, Alberta Bob Dunbar Strategy West Inc. 1 Photo Source:
More informationCenovus Energy Inc. Management s Discussion and Analysis For the Period Ended June 30, 2010 (Canadian Dollars)
Management s Discussion and Analysis For the Period Ended June 30, 2010 (Canadian Dollars) This Management s Discussion and Analysis ( MD&A ) for ( Cenovus, we, our, us or the Company ), dated July 28,
More informationThe Sustainability Paradox
Company ipsa LOGO The Sustainability Paradox The ConocoPhillips IRIS Seminar September 17, 2015 By: Marcel Latouche The Centre s Activities Effective Aboriginal Engagement Establishing & Maintaining a
More informationTMX Equicom Toronto April 2, 2014
TMX Equicom Toronto April 2, 2014 Rob Dawson, Chief Financial Officer Siren Fisekci, VP Investor and Corporate Relations Forward-looking information In the interest of providing you with information regarding
More informationSolid results, significant upside NOVEMBER 2016 INVESTOR PRESENTATION OSUM OIL SANDS CORP.
Solid results, significant upside NOVEMBER 2016 INVESTOR PRESENTATION OSUM OIL SANDS CORP. Disclaimer Forward Looking Statements This presentation contains statements that may constitute "forward-looking
More informationOil Sands Research and Development
Alberta Energy Oil Sands Development Business Unit Alberta Energy Research Institute Oil Sands Research and Development March 2006 By: Dr. Ted Heidrick University of Alberta Marc Godin Portfire Associates
More informationA SPRINGBOARD FOR GROWTH
A SPRINGBOARD FOR GROWTH Fall 2011 TSX:PXX OMX:PXXS 1 www.blackpearlresources.ca Cautionary Statements FORWARD LOOKING STATEMENTS This presentation contains certain forward looking statements and forward
More informationNOVA Gas Transmission Ltd General Rate Application Phase 1 Fort McMurray Area Delivery Service Sub-Section Introduction Page 1 of 1
Sub-Section. - Introduction Page of.0 FORT MCMURRAY AREA DELIVERY SERVICE. INTRODUCTION Q. What is the purpose of this evidence? A. NGTL describes in this Sub-section its comprehensive development plans
More informationDELIVERING STABILITY 2015 ANNUAL REPORT
DELIVERING STABILITY 2015 ANNUAL REPORT Inter Pipeline is a major petroleum transportation, natural gas liquids extraction, and bulk liquid storage business based in Calgary, Alberta, Canada. We own and
More informationThe Canadian Oil Sands. A Backgrounder. Your lawyer. Your law firm. Your business advisor.
Your lawyer. Your law firm. Your business advisor. 2 Table of Contents Preface Current Issues in the Oil Sands Underutilized U.S. Refining Capacity and Transportation Keystone XL Pipeline and Canada-U.S.
More information29 th USAEE/IAEE North American Conference October 14, 2010 Calgary, Alberta. Presented by Glen Schmidt, Chairman
29 th USAEE/IAEE North American Conference October 14, 2010 Calgary, Alberta Presented by Glen Schmidt, Chairman 1 Agenda Where will you get your oil? Drillable oil sands One of the best choices for crude
More informationAlberta s Industrial Heartland Life in the Heartland
Alberta s Industrial Heartland May 7, 2014 Trev Ruberry MEG Energy Overview Alberta-based in-situ oil sands company with production at Christina Lake near Conklin Joint ownership of the Access Pipeline
More informationAlberta s Oilsands: Manufacturing Opportunities for Canada. August 18, 2006
Alberta s Oilsands: Manufacturing Opportunities for Canada August 18, 2006 World Crude Oil Reserves Ranked as the second largest crude oil reserve in the world, next to Saudi Arabia. 300 250 Billion barrels
More informationALBERTA OIL SANDS INDUSTRY QUARTERLY UPDATE
ALBERTA OIL SANDS INDUSTRY QUARTERLY UPDATE FALL 2012 Reporting on the period: Aug. 22 to Nov. 2, 2012 PHOTO: CENOVUS ENERGY 2 ALBERTA OIL SANDS INDUSTRY QUARTERLY UPDATE All about the oil sands Background
More informationWe have the building blocks to be a successful heavy oil company
F A L L 2 0 0 9 We have the building blocks to be a successful heavy oil company 1 TSX:PXX Introduction Corporate Summary Symbol: Exchanges: PXX, PXXS TSX, OMX Shares Outstanding (MM): Basic 261.7 Fully
More informationDecember Alberta and Strathcona are predicting:
December 2017 Alberta and Strathcona are predicting: Agenda 1. Municipal Election 2017 2. Major themes for our area: Macro view world events, Canada and Alberta Metro Edmonton economic outlook 3. Census
More informationTD Calgary Stampede Energy Conference. Glen Schmidt President and CEO
TD Calgary Stampede Energy Conference Glen Schmidt President and CEO July 9, 2013 Laricina Advantages Significant, High Quality In Situ Asset Base Near-term Fully-funded Commercial Production at Germain
More informationProvince of Alberta Fort McMurray Investor Meetings
Province of Alberta Fort McMurray Investor Meetings September, 217 Catherine Rothrock Chief Economist & Executive Director, Treasury Board and Finance and Tim Pierce Director Financing Capital Markets,
More informationAlberta s Role in North American
Alberta s Role in North American Energy Security Honorable Iris Evans Minister of International and Intergovernmental Relations Province of Alberta September 16, 2010 U.S. Oil Supply 2009 Sources of US
More informationALBERTA OIL SANDS INDUSTRY
ALBERTA OIL SANDS INDUSTRY QUARTERLY U P D AT E WINTER 2015 Reporting on the period: Sep 27, 2014 to Dec 04, 2014 All about the oil sands Background of an important global resource TABLE OF CONTENTS 3
More informationBackground Canada is one of the world's five largest energy producers and is the principal source of U.S. energy imports.
Countries Canada Last Updated: September 17, 2012 Background Canada is one of the world's five largest energy producers and is the principal source of U.S. energy imports. Canada is a net exporter of most
More informationEnbridge Energy Partners, L.P. MLPA Investor Conference June 1-3, 2016
Enbridge Energy Partners, L.P. MLPA Investor Conference June 1-3, 2016 Legal Notice This presentation includes forward-looking statements and projections, which are statements that do not relate strictly
More informationTable of Contents. List of Tables. Economic Outlook... 69
ECONOMIC OUTLOOK Table of Contents Economic Outlook... 69 List of Tables Fallout from Asia Continues... 74 Dollar Expected to Recover... 74 Commodity Prices Have Dropped... 75 Oil Prices Lower in 1998...
More informationALBERTA DEPARTMENT OF ENERGY
ALBERTA DEPARTMENT OF ENERGY OIL SANDS PRODUCTION PROFILE 20022010 Christopher Holly Martin Mader, EIT Jesse Toor This paper was prepared by the Research and Technology Branch, Alberta Energy, to illustrate
More informationFORWARD-LOOKING INFORMATION
0 FORWARD-LOOKING INFORMATION This Corporate Presentation contains certain forward-looking statements or information (collectively referred to as forward-looking statements ) within the meaning of applicable
More informationBLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) Fax (403)
BLACKPEARL RESOURCES INC. 900, 215 9th Avenue SW, Calgary, AB T2P 1K3 Ph. (403) 215-8313 Fax (403) 265-5359 www.blackpearlresources.ca NEWS RELEASE May 2, 2018 BLACKPEARL ANNOUNCES FIRST QUARTER 2018 FINANCIAL
More informationTITLE OPPORTUNITY FOR ALL CANADA S FIRST POVERTY REDUCTION STRATEGY. OECD Policy Workshop on Enhancing Child Well-being: From Ends to Means?
TITLE OPPORTUNITY FOR ALL CANADA S FIRST POVERTY REDUCTION STRATEGY OECD Policy Workshop on Enhancing Child Well-being: From Ends to Means? January 16, 2019 Why a Poverty Reduction Strategy? Canada is
More informationCOMMODITY RECEIPT SUMMARY TABLE 1
COMMODITY RECEIPT SUMMARY TABLE 1 TABLE OF CONTENTS Commodity Updates Table 1A- Commodity Summary- Canada Table 1A- Commodity Continued Table 1A- Commodity Continued Table 1B- Commodity Summary- United
More informationLeadership & Safety Culture
Leadership & Safety Culture PIPELINE PERFORMANCE: RAISING THE BAR Patrick Smyth, VP Safety & Engineering 28 April 2016 Who is CEPA? The Canadian Energy Pipeline Association (CEPA) represents Canada s transmission
More informationJ a n u a r y 1 9, A I H A S t a k e h o l d e r L u n c h e o n R e g i o n a l U p d a t e
J a n u a r y 1 9, 2 0 1 7 A I H A S t a k e h o l d e r L u n c h e o n R e g i o n a l U p d a t e Liquids Business Unit FRACTIONATION STORAGE TRANSPORTATION MARKETING ethane p r o p a n e c o n d e
More informationMANAGEMENT S DISCUSSION AND ANALYSIS FOR THE YEAR ENDED DECEMBER 31, 2016
MANAGEMENT S DISCUSSION AND ANALYSIS FOR THE YEAR ENDED DECEMBER 31, 2016 WHERE TO FIND: OVERVIEW OF CENOVUS... 2 2016 HIGHLIGHTS... 4 OPERATING RESULTS... 4 COMMODITY PRICES UNDERLYING OUR FINANCIAL RESULTS...
More informationThe Canadian Oil and Natural Gas Industry. Competitive Considerations in CO 2 EOR
The Canadian Oil and Natural Gas Industry Competitive Considerations in CO 2 EOR Canada s Crude Oil and Natural Gas Industry! World s 3rd largest natural gas producer! World s 13th largest crude oil producer!
More information