The Alberta Gazette

Part I

Vol. 111 Edmonton, Monday, June 15, 2015 No. 11

PROCLAMATION

[GREAT SEAL]

CANADA

PROVINCE OF ALBERTA Donald S. Ethell, Lieutenant Governor.

ELIZABETH THE SECOND, by the Grace of God, of the United Kingdom,

Canada, and Her Other Realms and Territories, QUEEN, Head of the

Commonwealth, Defender of the Faith

P R O C L A M A T I O N

To all to Whom these Presents shall come

G R E E T I N G

Kim Armstrong,

Deputy Attorney General

WHEREAS 188 of the Chartered Professional Accountants Act provides that that

Act, except

section 168, comes into force on Proclamation; and

WHEREAS it is expedient to proclaim the Chartered Professional Accountants Act,

except

section 168, in force:

NOW KNOW YE THAT by and with the advice and consent of Our Executive

Council of Our Province of Alberta, by virtue of the provisions of the said Act

hereinbefore referred to and of all other power and authority whatsoever in Us vested

in that behalf, We have ordered and declared and do hereby proclaim the Chartered

Professional Accountants Act, except

section 168, in force on July 1, 2015.

IN TESTIMONY WHEREOF We have caused these Our Letters to be made Patent

and the Great Seal of Our Province of Alberta to be hereunto affixed.

WITNESS: COLONEL (RETIRED) THE HONOURABLE DONALD S.

ETHELL, Lieutenant Governor of Our Province of Alberta, this 28th day of May in

the Year of Our Lord Two Thousand Fifteen and in the Sixty-fourth Year of Our

Reign.

BY COMMAND Kathleen Ganley, Provincial Secretary.

APPOINTMENTS

Appointment of Non-presiding Justices of the Peace

(Justice of the Peace Act)

April 24, 2015

Anderson, Gereen Joyce of Edmonton

Anderson, Shaun Cody of Calgary

Dziedzic, Candyce Tanya of Edmonton

Geba, Vendula of Calgary

Ogle, William Kevin of Calgary

Urton, Samantha Rae of Lethbridge

Vermesan, Teodora of Calgary

RESIGNATIONS & RETIREMENTS

Retirement of Supernumerary Provincial Court Judge

(Provincial Court Act)

May 25, 2015

Honourable Judge Lawrence Stuart Witten

GOVERNMENT NOTICES

Agriculture and Forestry

Form 15

(Irrigation Districts Act)

(Section 88)

Notice to Irrigation Secretariat:

Change of Area of an Irrigation District

On behalf of the Bow River Irrigation District, I hereby request that the Irrigation

Secretariat forward a certified copy of this notice to the Registrar of Land Titles for

the purposes of registration under

section 22 of the Land Titles Act and arrange for

notice to be published in the Alberta Gazette.

The following parcels of land should be added to the irrigation district and a notation

added to the certificate of title:

LINC Number

Short Legal Description as shown on title

Title Number

0022 436 992

N.W. 21-12-16-W4M

081 125 343 + I

0022 437 008

N .E. 2 1-12-16-W4M

081 125 343

0013 223 748

S.W. 28-12-16-W4M

101 351 125

I certify the procedures required under

part 4 of the Irrigation Districts Act have been

completed and the area of the Bow River Irrigation District should be changed

according to the above list.

Rebecca Fast, Office Administrator,

Irrigation Secretariat.

______________

On behalf of the St. Mary River Irrigation District, I hereby request that the

Irrigation Secretariat forward a certified copy of this notice to the Registrar of Land

Titles for the purposes of registration under

section 22 of the Land Titles Act and

arrange for notice to be published in the Alberta Gazette.

The following parcels of land should be added to the irrigation district and a notation

added to the certificate of title:

LINC Number

Short Legal Description as shown on title

Title Number

0022 325 600

4;18;9;18;SW

151 001 456

0029 242 716

4;19;10;15;NE

111 288 648 + 3

0029 242 799

4;19;10;15;NW

111 288 648 + 4

0029 244 498

4;19;10;15;SE

111 288 648 + 5

I certify the procedures required under

part 4 of the Irrigation Districts Act have been

completed and the area of the St. Mary River Irrigation District should be changed

according to the above list.

Rebecca Fast, Office Administrator,

Irrigation Secretariat.

Culture and Tourism

Ministerial Order

(Historical Resources Act)

03/15

I, Maureen Kubinec, Minister of Culture and Tourism, pursuant to

Section 20(15) of

the Historical Resources Act, R.S.A. 2000 C. H-9, HEREBY RESCIND that portion

of the Magrath Canal Provincial Historic Resource designation dated May 14, 1987,

registered in Alberta Land Titles as instrument 871 088 444, with respect to the lands

legally described as Plan 9811633, Block 40, Lot 3.

Dated at Edmonton, Alberta, this 1st day of April, 2015.

Maureen Kubinec, Minister of Culture and Tourism

Energy

Declaration of Withdrawal from Unit Agreement

(Petroleum and Natural Gas Tenure Regulations)

The Minister of Energy on behalf of the Crown in Right of Alberta hereby declares

and states that the Crown in right of Alberta has withdrawn as a party to the

agreement entitled "Crossfield Wabamun Agreement #1" effective

December 31, 2010.

Donna Crawford, for Minister of Energy.

Human Services

Office of the Public Trustee

Property being held by the Public Trustee for a period of Ten

(10) Years

(Public Trustee Act)

Section 11 (2)(

b) Name of Person Entitled

to Property

Description

of Property

held and its

value or

estimated value

Property part of

deceased person's

Estate or held under

Court Order:

Deceased's Name

Judicial District Court

File Number

Public Trustee

Office

Additional

Information

Missing Beneficiaries of

George Dick

$94,160.70

George Dick

Beneficiaries

possible

located in

Europe

OPGT file#

047,037

Missing Beneficiaries of

Joseph Jakobovics

$479.78

Joseph Jakobovics

JD of Lethbridge

Unknown

OPGT file#

047,280

Flossie Helen Geno

$779.17

Charles Alexander

MacAuley

JD of Edmonton

OPT file#

050,211

Legislative Assembly

Office of the Chief Electoral Officer

Notice: Members Elected to Serve in the Legislative Assembly of Alberta

Edmonton, June 5, 2015

Notice is hereby given, under the provisions of the Election Act, that I have received

the Certificate and Return from the 87 Provincial Returning Officers appointed to

conduct a Provincial General Election on the 5th day of May, 2015 in the following

electoral divisions, and the said Returns show that the following Members were duly

elected:

Electoral Division Member Elected

Dunvegan-Central Peace-Notley Margaret McCuaig-Boyd

Lesser Slave Lake Danielle Larivee

Calgary-Acadia Brandy Payne

Calgary-Bow Deborah Drever

Calgary-Buffalo Kathleen Ganley

Calgary-Cross Ricardo Miranda

Calgary-Currie Brian Malkinson

Calgary-East Robyn Luff

Calgary-Elbow Greg Clark

Calgary-Fish Creek Richard Gotfried

Calgary-Foothills Jim Prentice * disclaimed

Calgary-Fort Joe Ceci

Calgary-Glenmore Anam Kazim

Calgary-Greenway Manmeet Bhullar

Calgary-Hawkwood Michael Connolly

Calgary-Hays Ric McIver

Calgary-Klein Craig Coolahan

Calgary-Lougheed Dave Rodney

Calgary-Mackay-Nose Hill Karen McPherson

Calgary-McCall Irfan Sabir

Calgary-Mountain View David Swann

Calgary-North West Sandra Jansen

Calgary-Northern Hills Jamie Kleinsteuber

Calgary-Shaw Graham D. Sucha

Calgary-South East Rick Fraser

Calgary-Varsity Stephanie McLean

Calgary-West Mike Ellis

Edmonton-Beverly-Clareview Deron Bilous

Edmonton-Calder David Eggen

Edmonton-Castle Downs Nicole Goehring

Edmonton-Centre David Shepherd

Edmonton-Decore Chris Nielsen

Edmonton-Ellerslie Rod Loyola

Edmonton-Glenora Sarah Hoffman

Edmonton-Gold Bar Marlin Schmidt

Edmonton-Highlands-Norwood Brian Mason

Edmonton-Manning Heather Sweet

Edmonton-McClung Lorne Dach

Edmonton-Meadowlark Jon Carson

Edmonton-Mill Creek Denise Woollard

Edmonton-Mill Woods Christina Gray

Edmonton-Riverview Lori Sigurdson

Edmonton-Rutherford Richard Feehan

Edmonton-South West Thomas Dang

Edmonton-Strathcona Rachel Notley

Edmonton-Whitemud Bob Turner

Airdrie Angela Pitt

Athabasca-Sturgeon-Redwater Colin Piquette

Banff-Cochrane Cameron Westhead

Barrhead-Morinville-Westlock Glenn Van Dijken

Battle River-Wainwright Wes Taylor

Bonnyville-Cold Lake Scott Cyr

Cardston-Taber-Warner Grant Hunter

Chestermere-Rocky View Leela Sharon Aheer

Cypress-Medicine Hat Drew Barnes

Drayton Valley-Devon Mark Smith

Drumheller-Stettler Rick Strankman

Fort McMurray-Conklin Brian Michael Jean

Fort McMurray-Wood Buffalo Tany Yao

Fort Saskatchewan-Vegreville Jessica Littlewood

Grande Prairie-Smoky Todd Loewen

Grande Prairie-Wapiti Wayne Drysdale

Highwood Wayne Anderson

Innisfail-Sylvan Lake Don MacIntyre

Lac La Biche-St. Paul-Two Hills David B. Hanson

Lacombe-Ponoka Ron J.N. Orr

Leduc-Beaumont Shaye Anderson

Lethbridge-East Maria Fitzpatrick

Lethbridge-West Shannon Phillips

Little Bow David A. Schneider

Livingstone-Macleod Pat Stier

Medicine Hat Robert Wanner

Olds-Didsbury-Three Hills Nathan M. Cooper

Peace River Debbie Jabbour

Red Deer-North Kim Schreiner

Red Deer-South Barb Miller

Rimbey-Rocky Mountain House-Sundre Jason Nixon

Sherwood Park Annie McKitrick

Spruce Grove-St. Albert Trevor Horne

St. Albert Marie Renaud

Stony Plain Erin Babcock

Strathcona-Sherwood Park Estefania Cortes-Vargas

Strathmore-Brooks Derek Gerhard Fildebrandt

Vermilion-Lloydminster Richard Starke

West Yellowhead Eric Rosendahl

Wetaskiwin-Camrose Bruce Hinkley

Whitecourt-Ste. Anne Oneil Carlier

Glen Resler, Chief Electoral Officer.

Safety Codes Council

Corporate Accreditation

(Safety Codes Act)

Pursuant to

section 28 of the Safety Codes Act it is hereby ordered that

Seven Generations Ltd, Accreditation No. C000881, Order No. 2944

administer the Safety Codes Act including applicable Alberta amendments and

regulations within the Corporation's industrial facilities for the discipline of

Electrical

Consisting of all parts of the Canadian Electrical Code, Code for Electrical

Installations at Oil & Gas Facilities and Alberta Electrical Utility Code.

Accredited Date: May 25, 2015 Issued Date: May 25, 2015.

Municipal Accreditation

(Safety Codes Act)

Pursuant to

Section 26 of the Safety Codes Act it is hereby ordered that

Town of Taber, Accreditation No. M000118, Order No. 0474

administer the Safety Codes Act including applicable Alberta amendments and

regulations within the Municipality's boundaries for the discipline of Fire

Consisting of all parts of the Alberta Fire Code including investigations. Excluding

any or all things, processes or activities located on all existing and future industrial

facilities that are owned by or are under the care and control of an accredited

corporation.

Accredited Date: December 5, 2002 Issued Date: May 28, 2015.

Alberta Securities Commission

AMENDMENTS TO NATIONAL INSTRUMENT 41-101

GENERAL PROSPECTUS REQUIREMENTS

(Securities Act)

Made as a rule by the Alberta Securities Commission on March 11, 2015 pursuant to

sections 223 and 224 of the Securities Act.

Amendments to National Instrument 41-101

GENERAL PROSPECTUS REQUIREMENTS

1. National Instrument 41-101 General Prospectus Requirements is amended

by this Instrument.

Section 1.1 is amended by adding the following definition:

"Form 51-102F6V" means Form 51-102F6V Statement of Executive

Compensation - Venture Issuers of NI 51-102;.

3. Subsection 1.9(4) of Form 41-101F1 is amended by adding "(" after "the

United States of America" and by adding ")" after "PLUS Markets Group

plc.".

4. Subsections 5.1(2) and (3) of Form 41-101F1 are amended by adding ", if the

issuer is a venture issuer or an IPO venture issuer, the two most recently

completed financial years, or" after "within the three most recently completed

financial years or".

5. The heading of

section 5.2 of Form 41-101F1 is amended by replacing

"Three-year history" with "History".

6. Subsection 5.2(1) of Form 41-101F1 is amended by adding "or, if the issuer

is a venture issuer or an IPO venture issuer, the last two completed financial

years," after "over the last three completed financial years".

Section 8.2 of Form 41-101F1 is amended by adding the following guidance

after subsection (3):

GUIDANCE

Under

section 2.2.1 of Form 51-102F1, for financial years beginning on or

after July 1, 2015, venture issuers, or IPO venture issuers, have the option of

meeting the requirement to provide interim MD&A under

section 2.2 of Form

51-102F1 by providing quarterly highlights disclosure..

8. Paragraph 8.6(3)(

b) of Form 41-101F1 is amended by adding "if the issuer is

not providing disclosure in accordance with

section 2.2.1 of Form 51-102F1,"

before "the most recent year-to-date".

9. Paragraph 8.8(2)(

b) of Form 41-101F1 is amended by adding "if the issuer is

not providing disclosure in accordance with

section 2.2.1 of Form 51-102F1,"

before "the most recent year-to-date".

Section 17.1 of Form 41-101F1 is amended by adding "or, if the issuer is a

venture issuer or an IPO venture issuer, in accordance with Form 51-102F6 or

Form 51-102F6V" after "in accordance with Form 51-102F6".

Section 20.11 of Form 41-101F1 is amended by adding ")" after "the United

States of America" and adding ")" after "PLUS Markets Group plc.".

12. Subsection 32.4(1) of Form 41-101F1 is amended by replacing paragraph (

a) with the following:

(

a) the statement of comprehensive income, the statement of changes in

equity, and the statement of cash flows for the third most recently

completed financial year, if the issuer is

(

i) an IPO venture issuer, or

(ii) a reporting issuer in at least one jurisdiction immediately before

filing the prospectus,.

13. This Instrument comes into force on June 30, 2015.

Alberta Securities Commission

AMENDMENTS TO NATIONAL INSTRUMENT 51-101

Standards of Disclosure for Oil and Gas Activities

(Securities Act)

Made as a rule by the Alberta Securities Commission on November 12, 2014 pursuant

to sections 223 and 224 of the Securities Act.

Amendments to National Instrument 51-101

Standards of Disclosure for Oil and Gas Activities

1. National Instrument 51-101 Standards of Disclosure for Oil and Gas

Activities is amended by this Instrument.

Section 1.1 is amended by

(

a) deleting the paragraph numbering scheme,

(

b) adding the following

definitions:

"abandonment and reclamation costs" means all costs associated with

the process of restoring a reporting issuer's property that has been

disturbed by oil and gas activities to a standard imposed by applicable

government or regulatory authorities;

"alternate reference point" means a location at which quantities and

values of a product type are measured before the first point of sale;

"bitumen" means a naturally occurring solid or semi-solid hydrocarbon

(

a) consisting mainly of heavier hydrocarbons, with a viscosity

greater than 10,000 millipascal-seconds (mPa*

s) or 10,000

centipoise (cP) measured at the hydrocarbon's original

temperature in the reservoir and at atmospheric pressure on

a gas-free basis, and

(

b) that is not primarily recoverable at economic rates through

a well without the implementation of enhanced recovery

methods;

"by-product" means a substance that is recovered as a consequence of

producing a product type;

"coal bed methane" means natural gas that

(

a) primarily consists of methane, and

(

b) is contained in a coal deposit;,

(

c) replacing the definition of "COGE Handbook" with the following:

"COGE Handbook" means the "Canadian Oil and Gas Evaluation

Handbook" maintained by the Society of Petroleum Evaluation

Engineers (Calgary Chapter), as amended from time to time;,

(

d) adding the following

definitions:

"contingent resources data" means

(

a) an estimate of the volume of contingent resources, and

(

b) the risked net present value of future net revenue of

contingent resources;

"conventional natural gas" means natural gas that has been generated

elsewhere and has migrated as a result of hydrodynamic forces and is

trapped in discrete accumulations by seals that may be formed by

localized structural, depositional or erosional geological features;

"first point of sale" means the first point after initial production at which

there is a transfer of ownership of a product type;

"Form 51-101F5" means Form 51-101F5 Notice of Ceasing to Engage

in Oil and Gas Activities;

"future net revenue" means a forecast of revenue, estimated using

forecast prices and costs or constant prices and costs, arising from the

anticipated development and production of resources, net of the

associated royalties, operating costs, development costs, and

abandonment and reclamation costs;

"gas hydrate" means a naturally occurring crystalline substance

composed of water and gas in an ice-lattice structure;

"heavy crude oil" means crude oil with a relative density greater than 10

degrees API gravity and less than or equal to 22.3 degrees API gravity;

"hydrocarbon" means a compound consisting of hydrogen and carbon,

which, when naturally occurring, may also contain other elements such

as sulphur;

"light crude oil" means crude oil with a relative density greater than

31.1 degrees API gravity;

"medium crude oil" means crude oil with a relative density greater than

22.3 degrees API gravity and less than or equal to 31.1 degrees API

gravity;

"natural gas" means a naturally occurring mixture of hydrocarbon gases

and other gases;

"natural gas liquids" means those hydrocarbon components that can be

recovered from natural gas as a liquid including, but not limited to,

ethane, propane, butanes, pentanes plus, and condensates;,

(

e) replacing the definition of "oil and gas activities" with the following:

"oil and gas activities" includes the following:

(

a) searching for a product type in its natural location;

(

b) acquiring property rights or a property for the purpose of

exploring for or removing product types from their natural

locations;

(

c) any activity necessary to remove product types from their

natural locations, including construction, drilling, mining

and production, and the acquisition, construction,

installation and maintenance of field gathering and storage

systems including treating, field processing and field

storage;

(

d) producing or manufacturing of synthetic crude oil or

synthetic gas;

but does not include any of the following:

(

e) any activity that occurs after the first point of sale;

(

f) any activity relating to the extraction of a substance other

than a product type and their by-products;

(

g) extracting hydrocarbons as a consequence of the extraction

of geothermal steam;,

(

f) adding the following definition:

"oil and gas metric" means a numerical measure of a reporting issuer's

oil and gas activities;,

(

g) repealing of the definition of "production group",

(

h) replacing the definition of "product type" with the following:

"product type" means any of the following:

(

a) bitumen;

(

b) coal bed methane;

(

c) conventional natural gas;

(

d) gas hydrates;

(

e) heavy crude oil;

(

f) light crude oil and medium crude oil combined;

(

g) natural gas liquids;

(

h) shale gas;

(

i) synthetic crude oil;

(

j) synthetic gas;

(

k) tight oil;,

(

i) in the definition of "professional organization" replacing "Canadian

jurisdiction" with "jurisdiction of Canada",

(

j) adding the following definition:

"prospective resources data" means

(

a) an estimate of the volume of prospective resources, and

(

b) the risked net present value of future net revenue of

prospective resources;,

(

k) in the definition of "reserves data" replacing "; and" with ";",

(

l) adding the following

definitions:

"risked" means adjusted for the probability of loss or failure in

accordance with the COGE Handbook;

"shale gas" means natural gas

(

a) contained in dense organic-rich rocks, including low-

permeability shales, siltstones and carbonates, in which the

natural gas is primarily adsorbed on the kerogen or clay

minerals, and

(

b) that usually requires the use of hydraulic fracturing to

achieve economic production rates;,

(

m) in the definition of "supporting filing" by replacing "." with ";", and

(

n) adding the following

definitions:

"synthetic crude oil" means a mixture of liquid hydrocarbons derived by

upgrading bitumen, kerogen or other substances such as coal, or derived

from gas to liquid conversion and may contain sulphur or other

compounds;

"synthetic gas" means a gaseous fluid

(

a) generated as a result of the application of an in-situ

transformation process to coal or other hydrocarbon-

bearing rock; and

(

b) comprised of not less than 10% by volume of methane;

"tight oil" means crude oil

(

a) contained in dense organic-rich rocks, including low-

permeability shales, siltstones and carbonates, in which the

crude oil is primarily contained in microscopic pore spaces

that are poorly connected to one another, and

(

b) that typically requires the use of hydraulic fracturing to

achieve economic production rates..

3. Paragraph (

b) of item 2 of

section 2.1 is replaced with the following:

(

b) executed by one or more qualified reserves evaluators or auditors

each of whom is independent of the reporting issuer and who

must have,

(

i) in the aggregate,

(

A) evaluated or audited at least 75 percent of the future

net revenue, calculated using a discount rate of 10

percent, attributable to proved plus probable

reserves, as reported in the statement filed or to be

filed under item 1, and

(

B) reviewed the balance of that future net revenue, and

(ii) evaluated or audited the contingent resources data or

prospective resources data reported in the statement filed

or to be filed under item 1..

4. Paragraph (

B) of item 3(e)(ii) of

section 2.1 is replaced with the following:

(

B) if the reporting issuer has only three directors, two of whom are

the persons referred to in subparagraph (i), all of the directors of

the reporting issuer..

5. Subsection 2.4(1) is amended by

(

a) deleting "on reserves data",

(

b) inserting "on reserves data, contingent resources data or prospective

resources data" after "without reservation", and

(

c) inserting ", contingent resources data, or prospective resources data"

after "on the reserves data".

Section 3.2 is replaced with the following:

3.2 Reporting Issuer to Appoint Independent Qualified Reserves

Evaluator or Independent Qualified Reserves Auditor

(1) A reporting issuer must appoint one or more qualified reserves

evaluators, or qualified reserves auditors, each of whom is

independent of the reporting issuer, and must direct each

appointed evaluator or auditor to report to the board of directors

of the reporting issuer on the reserves data disclosed in the

statement prepared for the purpose of item 1 of

section 2.1.

(2) If a reporting issuer discloses contingent resources data or

prospective resources data in a statement prepared for the

purpose of item 1 of

section 2.1, the reporting issuer must appoint

one or more qualified reserves evaluators or qualified reserves

auditors and must direct each appointed evaluator or auditor to

report to the board of directors of the reporting issuer on all

contingent resources data and prospective resources data

included in the statement..

Section 3.4 is amended by adding ", contingent resources data or prospective

resources data" after each instance of "reserves data".

Section 5.2 is amended by renumbering it as subsection 5.2(1) and by adding

the following subsection:

(2) Disclosure referred to under subsection (1) must indicate whether

the estimates of reserves or future net revenue were prepared by

an independent qualified reserves evaluator or qualified reserves

auditor..

Section 5.3 is amended by replacing "categories" with "category".

Section 5.4 is replaced with the following:

5.4 Oil and Gas Resources and Sales

(1) Disclosure of resources or of sales of product types or associated

by-products must be made with respect to the first point of sale.

(2) Despite subsection (1), a reporting issuer may disclose resources

or sales of product types or associated by-products with respect to

an alternate reference point if, to a reasonable person, the

resources, product types or associated by-products would be

marketable at the alternate reference point.

(3) If a reporting issuer discloses resources or sales of product types

or associated by-products with respect to an alternate reference

point, the reporting issuer must

(

a) state that the disclosure is made with respect to an alternate

reference point,

(

b) disclose the location of the alternate reference point, and

(

c) explain why disclosure is not being made with respect to

the first point of sale..

Section 5.5 is replaced with the following:

5.5 Recovery of Product Types or By-Products - Disclosure of product

types or by-products, including natural gas liquids and sulphur must be

made in respect only of volumes that have been or are to be recovered

prior to the first point of sale, or an alternate reference point, as

applicable..

Section 5.7 is repealed.

Section 5.9 is amended by

(

a) in paragraph (2)(d), adding the following:

(iii.1) a description of the applicable project or projects including

the following:

(

A) the estimated total cost required to achieve

commercial production;

(

B) the general timeline of the project, including the

estimated date of first commercial production;

(

C) the recovery technology;

(

D) whether the project is based on a conceptual or

pre-development study;,

(

b) in clause (2)(d)(v)(

A) replacing "no certainty" with "uncertainty",

(

c) in subsection (3), replacing "(2)(c)(iii)" with "(2)(d)(iii), (iii.1)", and

(

d) adding the following:

(4) Any disclosure made under subsection (1) or (2) must indicate

whether the anticipated results from resources which are not

currently classified as reserves or the estimate of a quantity of

resources other than reserves were prepared by an independent

qualified reserves evaluator or auditor..

14. Sections 5.11, 5.12 and 5.13 are repealed.

Section 5.14 is replaced with the following:

5.14 Disclosure Using Oil and Gas Metrics

(1) If a reporting issuer discloses an oil and gas metric, other than an

estimate of the volume or value of resources prepared in

accordance with

section 5.2, 5.9 or 5.18 or a comparative or

equivalency measure under

Part 2, 3, 4, 5, 6 or 7 of Form 51-

101F1, the reporting issuer must include disclosure that

(

a) identifies the standard and source of the oil and gas metric,

if any,

(

b) provides a brief description of the method used to

determine the oil and gas metric,

(

c) provides an explanation of the meaning of the oil and gas

metric, and

(

d) cautions readers as to the reliability of the oil and gas

metric.

(2) If there is no identifiable standard for an oil and gas metric, the

reporting issuer must also include disclosure that

(

a) provides a brief description of the parameters used in the

calculation of the oil and gas metric, and

(

b) states that the oil and gas metric does not have any

standardized meaning and should not be used to make

comparisons..

Section 5.15 is repealed.

17. Paragraph 5.16(3)(

b) is amended by replacing "5.9(2)(c)(v)(A)" with

"5.9(2)(d)(v)(A)" and by replacing "5.9(2)(c)(v)(B)" with "5.9(2)(d)(v)(B)".

Part 5 is amended by adding the following:

5.18 Supplementary Disclosure of Resources Using Evaluation Standards

other than the COGE Handbook

(1) A reporting issuer may supplement disclosure provided in accordance

with

section 5.2, 5.3 or 5.9 with an estimate of the volume or the value

of resources prepared in accordance with an alternative resources

evaluation standard that

(

a) has a comprehensive framework for the evaluation of resources,

(

b) defines resources using terminology and categories in a manner

that is consistent with the terminology and categories of the

COGE Handbook,

(

c) has a scientific basis, and

(

d) requires that estimates of volume and value of resources be based

on reasonable assumptions.

(2) If disclosure is made under subsection (1) and that disclosure is required

under the laws of or by a foreign jurisdiction, the reporting issuer must,

proximate to the disclosure,

(

a) disclose the effective date of the estimate,

(

b) describe any significant differences, and the reasons those

differences exist, between the estimate prepared in accordance

with the alternative resources evaluation standard and the

estimate prepared in accordance with the COGE Handbook, and

(

c) include a reference to the location on the SEDAR website of the

estimate prepared

(

i) in accordance with

section 5.2, 5.3 or 5.9, as applicable,

and

(ii) at the same effective date as the alternative disclosure.

(3) If disclosure is made under subsection (1) and the disclosure is not

required by a foreign jurisdiction, the reporting issuer must, proximate

to the disclosure,

(

a) disclose the effective date of the estimate,

(

b) provide a description of the alternative resources evaluation

standard,

(

c) describe any significant differences, and the reasons those

differences exist, between the estimate prepared in accordance

with the alternative resources evaluation standard and the

estimate prepared in accordance with the COGE Handbook, and

(

d) disclose the estimate prepared

(

i) in accordance with

section 5.2, 5.3 or 5.9, as applicable,

and

(ii) at the same effective date as the disclosure provided under

subsection (1).

(4) An estimate under subsection (1) must have been prepared or audited by

a qualified reserves evaluator or auditor..

Part 6 is amended by

(

a) adding "AND CEASING TO ENGAGE IN OIL AND GAS

ACTIVITIES" after "MATERIAL CHANGE DISCLOSURE" in the

heading,

(

b) replacing "Part" with "section" in

section 6.1, and

(

c) adding the following:

6.2 Ceasing to Engage in Oil and Gas Activities - A reporting issuer

must file with the securities regulatory authority a notice

prepared in accordance with Form 51-101F5 not later than 10

days after ceasing to be engaged, directly or indirectly, in oil and

gas activities..

Section 8.1 is amended by adding the following:

(3) Except in Ontario, an exemption referred to in subsection (1) is granted

under the statute referred to in Appendix B of National Instrument 14-

Definitions, opposite the name of the local jurisdiction..

21. General Instruction (2) of Form 51-101F1 is amended by replacing "its

financial year then ended" with "the financial year then ended".

22. General Instruction (5) of Form 51-101F1 is amended by adding ", and that

contingent resource data and prospective resource data only appears in an

appendix to Form 51-101F1" after "not omitted".

23. Instruction (4) of Item 1.1 of Form 51-101F1 is amended by inserting

"statement" after "should ensure that its financial".

24. Subsection 3(

c) of Item 2.1 of Form 51-101F1 is replaced with the following:

(

c) Disclose, by product type, in each case with associated by-products, and

on a unit value basis for each product type, in each case with associated

by-products (e.g., $/Mcf or $/bbl using net reserves), the net present

value of future net revenue (before deducting future income tax

expenses) estimated using forecast prices and costs and calculated using

a discount rate of 10 percent..

25. Item 2.1 of Form 51-101F1 is amended by inserting the following at the end

of the item:

INSTRUCTIONS

(1) Disclose all of the reserves in respect of which the reporting issuer has

a direct or indirect ownership, working or royalty interest. These

concepts are explained in sections 5.5.4(a) "Ownership Considerations"

and 7.5 "Interests" of volume 1 of the COGE Handbook,

section 5.2

"Ownership Considerations" of volume 2 of the COGE Handbook and,

with respect to an entitlement to share production under a production

sharing agreement,

section 4.0 "Fiscal Regimes" of the

chapter entitled

"Reserves Recognition For International Properties" of volume 3 of the

COGE Handbook.

(2) Do not include, in the reserves data a product type that is subject to

purchase under a long-term supply, purchase or similar agreement.

However, if the reporting issuer is a party to such an agreement with a

government or governmental authority, and participates in the operation

of the properties in which the product type is situated or otherwise

serves as producer of the reserves (in contrast to being an independent

purchaser, broker, dealer or importer), disclose separately the reporting

issuer's interest in the reserves that are subject to such agreements at

the effective date and the net quantity of the product type received by

the reporting issuer under the agreement during the year ended on the

effective date.

(3) Future net revenue includes the portion attributable to the reporting

issuer's interest under an agreement referred to in Instruction (2).

(4) If the reporting issuer's disclosure of reserves would, to a reasonable

person, be misleading, if stated without an explanation of the reporting

issuer's ownership of or control over those reserves, explain the nature

of the reporting issuer's ownership of or control over reserves disclosed

in the statement filed or to be filed under item 1 of

section 2.1 of NI 51-

101..

26. Items 2.3 and 2.4 of Form 51-101F1 are repealed.

27. Item 3.2 of Form 51-101F1 is amended by repealing Instruction (3).

28. Subsections 2(

b) and (

c) of Item 4.1 of Form 51-101F1 are replaced with the

following:

(

b) for each of the following:

(

i) bitumen;

(ii) coal bed methane;

(iii) conventional natural gas;

(iv) gas hydrates;

(

v) heavy crude oil;

(vi) light crude oil and medium crude oil combined;

(vii) natural gas liquids;

(viii) shale gas;

(ix) synthetic crude oil;

(

x) synthetic gas;

(xi) tight oil;

(

c) separately identifying and explaining each of the following:

(

i) extensions and improved recovery;

(ii) technical revisions;

(iii) discoveries;

(iv) acquisitions;

(

v) dispositions;

(vi) economic factors;

(vii) production..

29. Item 5.1 of Form 51-101F1 is amended by

(

a) deleting "and, in the aggregate, before that time" wherever it occurs,

(

b) replacing "not planning to develop particular" with "deferring the

development of particular" wherever it occurs,

(

c) replacing "during the following two years" with "beyond two years"

wherever it occurs, and

(

d) adding the following instructions:

INSTRUCTIONS

(1) The phrase "first attributed" refers to the initial allocation of an

undeveloped volume of oil or gas reserves by a reporting issuer.

Only previously unassigned undeveloped volumes of oil or gas

reserves may be included in the first attributed volumes for the

applicable financial year. For example, if in 2011 a reporting

issuer allocated by way of acquisition, discovery, extension and

improved recovery 300 MMcf of proved undeveloped

conventional natural gas reserves, that would be the first

attributed volume for 2011.

(2) The discussion of a reporting issuer's plans for developing

undeveloped reserves, or the reporting issuer's reasons for

deferring the development of undeveloped reserves, must enable a

reasonable investor to assess the efforts made by the reporting

issuer to convert undeveloped reserves to developed reserves..

30. Item 5.2 of Form 51-101F1 is replaced with the following:

Item 5.2 Significant Factors or Uncertainties Affecting Reserves

Data

Identify and discuss significant economic factors or significant

uncertainties that affect particular components of the reserves data.

INSTRUCTIONS

(1) A reporting issuer must, under this Item, include a discussion of

any significant abandonment and reclamation costs, unusually

high expected development costs or operating costs, or

contractual obligations to produce and sell a significant portion

of production at prices substantially below those which could be

realized but for those contractual obligations.

(2) If the information required by this Item is presented in the

reporting issuer's financial statements and notes thereto for the

most recent financial year ended, the reporting issuer satisfies

this Item by directing the reader to that presentation..

31. Item 6.2.1 of Form 51-101F1 is replaced with the following:

Item 6.2.1 Significant Factors or Uncertainties Relevant to

Properties with No Attributed Reserves

Identify and discuss significant economic factors or significant

uncertainties that have affected or are reasonably expected to affect the

anticipated development or production activities on properties with no

attributed reserves.

INSTRUCTIONS

(1) A reporting issuer must, under this Item, include a discussion of

any significant abandonment and reclamation costs, unusually

high expected development costs or operating costs, or

contractual obligations to produce and sell a significant portion

of production at prices substantially below those which could be

realized but for those contractual obligations.

(2) If the information required by this Item is presented in the

reporting issuer's financial statements and notes thereto for the

most recent financial year ended, the reporting issuer satisfies

this Item by directing the reader to that presentation..

32. Item 6.4 of Form 51-101F1 is repealed.

33. Item 6.6 of Form 51-101F1 is replaced with the following:

Item 6.6 Costs Incurred

Disclose by country for the most recent financial year ended each of the

following:

(

a) property acquisition costs, separately for proved properties

and unproved properties;

(

b) exploration costs;

(

c) development costs.

INSTRUCTION

If the costs specified in paragraphs (a), (

b) and (

c) are presented in the

reporting issuer's financial statements and the notes to those statements

for the most recent financial year ended, the reporting issuer satisfies

this Item by directing the reader to that presentation..

34. Item 6.9 of Form 51-101F1 is amended by replacing "To the extent not

previously disclosed in financial statements by the reporting issuer, disclose"

with "Disclose,".

35. Form 51-101F1 is amended by adding the following:

PART 7 OPTIONAL DISCLOSURE OF CONTINGENT

RESOURCES DATA AND PROSPECTIVE RESOURCES DATA

INSTRUCTIONS

(1) A reporting issuer may disclose contingent resources data or

prospective resources data in a statement of the reserves data and

other information filed under item 1 of

section 2.1 of NI 51-101,

however, that data must only be disclosed as an appendix to that

statement.

(2) The following cautionary statement must be included in bold font

and appear proximate to the risked net present value of future net

revenue associated with contingent resources or prospective

resources:

An estimate of risked net present value of future net

revenue of [contingent resources][and][prospective

resources] is preliminary in nature and is provided to assist

the reader in reaching an opinion on the merit and

likelihood of the company proceeding with the required

investment. It includes [contingent

resources][and][prospective resources] that are considered

too uncertain with respect to the [chance of

development][and][chance of discovery] to be classified as

reserves. There is uncertainty that the risked net present

value of future net revenue will be realized.

(3) A reporting issuer may not rely on subsection 5.9(3) of NI 51-101

for disclosure required to be included in this Part.

(4) If a reporting issuer's disclosure of contingent resources or

prospective resources would, to a reasonable person, be

misleading if not accompanied by an explanation of the reporting

issuer's ownership of or control over those resources, explain the

nature of the reporting issuer's ownership of or control over all

contingent resources and prospective resources disclosed in the

statement filed or to be filed under item 1 of

section 2.1 of NI 51-

(5) A reporting issuer's disclosure respecting the value of

prospective resources or contingent resources that are not in the

development pending project maturity sub-class must be risked

and must include an explanation of the factors considered

respecting the chance of commerciality, which includes both

chance of discovery and chance of development in the case of

prospective resources and chance of development in the case of

contingent resources.

GUIDANCE

(1) A reporting issuer is subject to sections 5.9 and 5.17 of NI 51-

101 when providing disclosure of contingent resources data or

prospective resources data in this Form..

(2) A reporting issuer providing disclosure of contingent resources

data or prospective resources data in this Form must have an

evaluation process for contingent resources or prospective

resources that

(

a) is at least as rigorous as would be the case for reserves

data, and

(

b) is recognized as well-established in the oil and gas

industry.

(3) An evaluation process described in subsection (2) is not needed if

a reasonable qualified evaluator or auditor would conclude that

it is not necessary in the circumstances.

(4) All public disclosure by reporting issuers is subject to the general

prohibition against misleading statements. The disclosure of

development on-hold, development unclarified or development not

viable contingent resources, or prospective resources, in the

statement of reserves data and other oil and gas information

might be misleading where there is a significant degree of

uncertainty and risk associated with those estimates.

Item 7.1 Contingent Resources Data

1. If a reporting issuer discloses contingent resources in the

statement filed under item 1 of

section 2.1 of NI 51-101, the

reporting issuer must disclose all of the following:

(

a) the risked 2C contingent resources volumes, gross and net,

for each product type, and classified in each applicable

project maturity sub-class;

(

b) if contingent resources in the development pending project

maturity sub-class are disclosed, the risked net present

value of future net revenue of the 2C contingent resources

in the development pending project maturity sub-class,

calculated using forecast prices and costs for each product

type, before deducting future income taxes and using

discount rates of 0 percent, 5 percent, 10 percent, 15

percent and 20 percent.

2. Disclose the numeric value of the chance of development risk and

describe the method of all of the following:

(

a) quantifying the chance of development risk;

(

b) estimating the contingent resources adjusted for chance of

development risk and the associated risked net present

value of future net revenue.

Item 7.2 Prospective Resources Data

1. If a reporting issuer discloses prospective resources in the

statement filed under item 1 of

section 2.1 of NI 51-101, disclose

the best estimate prospective resources, gross and net, for each

product type.

2. Disclose the numeric value of the chance of discovery and chance

of development and describe the method of all of the following:

(

a) quantifying the chance of discovery and chance of

development;

(

b) estimating the prospective resources adjusted for chance of

discovery and chance of development.

Item 7.3 Forecast Prices Used in Estimates

1. For each product type, disclose the pricing assumptions used in

estimating contingent resources data and prospective resources

data disclosed in response to Item 7.1 for each of the five years

following the most recently completed financial year.

2. The disclosure in response to

section 1 must include the

benchmark reference pricing schedules for the countries or

regions in which the reporting issuer operates, and inflation and

other forecast factors used.

3. The pricing assumptions included in

section 1 must be the same

as the pricing assumptions disclosed in response to

Part 3 of this

Form 51-101F1.

INSTRUCTIONS

(1) Benchmark reference prices may be obtained from sources

such as public product trading exchanges or prices posted

by purchasers.

(2) The defined term "forecast prices and costs" includes any

fixed or presently determinable future prices or costs to

which the reporting issuer is legally bound by a

contractual or other obligation to supply a physical

product, including those for an extension period of a

contract that is likely to be extended. Such contractually

committed prices must be used, instead of benchmark

reference prices for the purpose of estimating contingent

resources data and prospective resources data, unless a

reasonable investor would find the use those contractually

committed prices misleading.

Item 7.4 Supplemental Contingent Resources Data

The reporting issuer may supplement its disclosure of contingent

resources data under Item 7.1 by also disclosing estimates of

contingent resources together with estimates of associated risked

net present value of future net revenue, determined using constant

prices and costs rather than forecast prices and costs for each

applicable product type..

36. Form 51-101F2 is replaced with the following:

FORM 51-101F2

REPORT ON [RESERVES DATA][,][CONTINGENT RESOURCES

DATA][AND] [PROSPECTIVE RESOURCES DATA]

INDEPENDENT QUALIFIED RESERVES

EVALUATOR OR AUDITOR

This is the form referred to in item 2 of

section 2.1 of National Instrument 51-101

Standards of Disclosure for Oil and Gas Activities ("NI 51-101").

1. Terms to which a meaning is ascribed in NI 51-101 have the same meaning in

this form.

2. The report on reserves data, contingent resources data or prospective

resources data, if applicable, referred to in item 2 of

section 2.1 of NI 51-101,

to be executed by one or more qualified reserves evaluators or auditors

independent of the reporting issuer, must in all material respects be in the

following form:

Report on [Reserves Data]][,][Contingent Resources

Data][and][Prospective Resources Data] by Independent

Qualified Reserves Evaluator or Auditor

To the board of directors of [name of reporting issuer] (the "Company"):

1. We have [audited][,][and][evaluated][or reviewed] the

Company's [reserves data][,][contingent resources

data][and][prospective resources data] as at [last day of the

reporting issuer's most recently completed financial year]. [If the

Company has reserves, include the following sentence: The

reserves data are estimates of proved reserves and probable

reserves and related future net revenue as at [last day of the

reporting issuer's most recently completed financial year],

estimated using forecast prices and costs.] [If the Company has

disclosed contingent resources data or prospective resources

data, include the following sentence: The [contingent resources

data] [and] [prospective resources data] are risked estimates of

volume of [contingent resources][and][prospective resources] and

related risked net present value of future net revenue as at [last

day of the reporting issuer's most recently completed financial

year], estimated using forecast prices and costs.]

2. The [reserves data][,][contingent resources data][and][prospective

resources data] are the responsibility of the Company's

management. Our responsibility is to express an opinion on the

[reserves data][,][contingent resources data][and][prospective

resources data] based on our [audit][,][and][evaluation][and

review].

3. We carried out our [audit][,][and][evaluation][and review] in

accordance with standards set out in the Canadian Oil and Gas

Evaluation Handbook as amended from time to time (the "COGE

Handbook") maintained by the Society of Petroleum Evaluation

Engineers (Calgary Chapter).

4. Those standards require that we plan and perform an

[audit][,][and][evaluation][and review] to obtain reasonable

assurance as to whether the [reserves data][,][contingent resources

data][and][prospective resources data] are free of material

misstatement. An [audit][,][and][evaluation] [and review] also

includes assessing whether the [reserves data] [,][contingent

resources data][and][prospective resources data] are in accordance

with principles and

definitions presented in the COGE Handbook.

5. [If the Company has reserves, include this paragraph:] The

following table shows the net present value of future net revenue

(before deduction of income taxes) attributed to proved plus

probable reserves, estimated using forecast prices and costs and

calculated using a discount rate of 10 percent, included in the

reserves data of the Company [audited][,][and][evaluated][and

reviewed] for the year ended [last day of the reporting issuer's

most recently completed financial year], and identifies the

respective portions thereof that we have [audited][,][and]

[evaluated] [and reviewed] and reported on to the Company's

[management/board of directors]:

Independent

Qualified

Reserves

Evaluator or

Auditor

Effective

Date of

[Audit/

Evaluation/

Review]

Report

Location of

Reserves

(Country or

Foreign

Geographic

Area)

Net Present Value of Future Net Revenue

(before income taxes, 10% discount rate)

Audited

Evaluat

Revie

wed

Total

Evaluator A

xxx xx, 20xx

Xxxx

$xxx

$xxx

$xxx

$xxx

Evaluator B

xxx xx, 20xx

Xxxx

$xxx

$xxx

$xxx

$xxx

Totals

$xxx

$xxx

$xxx

$xxx1

1. This amount must be the amount disclosed by the

reporting issuer in its statement of reserves data

filed under item 1 of

section 2.1 of NI 51-101, as its

future net revenue (before deducting future income

tax expenses) attributed to proved plus probable

reserves, estimated using forecast prices and costs

and calculated using a discount rate of 10 percent

(required by

section 2 of Item 2.1 of Form 51-

101F1).

6. [If the Company has disclosed contingent resources data or

prospective resources data, include this paragraph and the

tables:] The following tables set forth the risked volume and

risked net present value of future net revenue of [contingent

resources][and][prospective resources] (before deduction of

income taxes) attributed to [contingent

resources][and][prospective resources], estimated using forecast

prices and costs and calculated using a discount rate of 10%,

included in the Company's statement prepared in accordance with

Form 51-101F1 and identifies the respective portions of the

[contingent resources data][and][prospective resources data] that

we have [audited][and][evaluated] and reported on to the

Company's [management/board of directors]:

Classification

Independent

Qualified

Reserves

Evaluator or

Auditor

Effective

Date of

[Audit/

Evaluation]

Report

Location of

Resources

Other than

Reserves

(Country or

Foreign

Geographic

Area)

Risked

Volume

Risked Net Present Value

of Future Net Revenue

(before income taxes,

10% discount rate)

Audited

Evaluated

Total

Development

Pending

Contingent

Resources

(2C)

Evaluator

xxx xx,

20xx

xxxx

xxx

$xxx

$xxx

$xxx

Classification

Independent

Qualified

Reserves

Evaluator or

Auditor

Effective

Date of

[Audit/

Evaluation]

Report

Location of

Resources

Other than

Reserves

(Country or

Foreign

Geographic

Area)

Risked

Volume

Prospective

Resources

Evaluator

xxx xx,

20xx

xxxx

xxx

Contingent

Resources

[project

maturity sub-

classes other

than

Development

Pending]

Evaluator

xxx xx,

20xx

xxxx

xxx

7. In our opinion, the [reserves data][,][contingent resources

data][and][prospective resources data] respectively

[audited][and][evaluated] by us have, in all material respects, been

determined and are in accordance with the COGE Handbook,

consistently applied. We express no opinion on the [reserves

data][,][contingent resources data][and] [prospective resources data] that

we reviewed but did not audit or evaluate.

8. We have no responsibility to update our reports referred to in

paragraph[s] [4][and][4.1] for events and circumstances occurring after

the effective date of our reports.

9. Because the [reserves data][,][contingent resources

data][and][prospective resources data] are based on judgements

regarding future events, actual results will vary and the variations may

be material.

Executed as to our report referred to above:

Evaluator A, City, Province or State / Country, Execution Date

[signed]

Evaluator B, City, Province or State / Country, Execution Date

[signed]

37. Form 51-101F3 is replaced with the following:

FORM 51-101F3

REPORT OF

MANAGEMENT AND DIRECTORS

ON OIL AND GAS DISCLOSURE

This is the form referred to in item 3 of

section 2.1 of National Instrument 51-101

Standards of Disclosure for Oil and Gas Activities ("NI 51-101").

1. Terms to which a meaning is ascribed in NI 51-101 have the same meaning in

this form.

2. The report referred to in item 3 of

section 2.1 of NI 51-101 must in all material

respects be in the following form:

Report of Management and Directors

on Reserves Data and Other Information

Management of [name of reporting issuer] (the "Company") are responsible for

the preparation and disclosure of information with respect to the Company's oil

and gas activities in accordance with securities regulatory requirements. This

information includes reserves data [and includes, if disclosed in the statement

required by item 1 of

section 2.1 of NI 51-101, other information such as

contingent resources data or prospective resources data].

[Alternative A: Reserves Data to Report or Contingent Resources Data or

Prospective Resources Data to Report]

[An] independent [qualified reserves evaluator[s] or qualified reserves

auditor[s]] [has/have] [audited][,][and][evaluated][and reviewed] the

Company's [reserves data][,][contingent resources data][and][prospective

resources data]. The report of the independent [qualified reserves evaluator[s]

or qualified reserves auditor[s] ] [is presented below / will be filed with

securities regulatory authorities concurrently with this report].

The [Reserves Committee of the] board of directors of the Company has

(

a) reviewed the Company's procedures for providing information to the

independent [qualified reserves evaluator[s] or qualified reserves

auditor[s]];

(

b) met with the independent [qualified reserves evaluator[s] or qualified

reserves auditor[s]] to determine whether any restrictions affected the

ability of the independent [qualified reserves evaluator[s] or qualified

reserves auditor[s]] to report without reservation [and, in the event of a

proposal to change the independent [qualified reserves evaluator[s] or

qualified reserves auditor[s]], to inquire whether there had been disputes

between the previous independent [qualified reserves evaluator[s] or

qualified reserves auditor[s] and management]]; and

(

c) reviewed the [reserves data][,][contingent resources

data][and][prospective resources data] with management and the

independent [qualified reserves evaluator[s] or qualified reserves

auditor[s]].

The [Reserves Committee of the] board of directors has reviewed the

Company's procedures for assembling and reporting other information

associated with oil and gas activities and has reviewed that information with

management. The board of directors has [, on the recommendation of the

Reserves Committee,] approved

(

a) the content and filing with securities regulatory authorities of Form 51-

101F1 containing [reserves data][,][contingent resources

data][and][prospective resources data] and other oil and gas information;

(

b) the filing of Form 51-101F2 which is the report of the independent

[qualified reserves evaluator[s] or qualified reserves auditor[s]] on the

reserves data, contingent resources data, or prospective resources data;

and

(

c) the content and filing of this report.

Because the [reserves data][,][contingent resources data][and][prospective

resources data] are based on judgements regarding future events, actual results

will vary and the variations may be material.

[Alternative B: No Reserves to Report and No Resources Other than

Reserves to Report]

The [Reserves Committee of the] board of directors of the Company has

reviewed the oil and gas activities of the Company and has determined that the

Company had no reserves as of [last day of the reporting issuer's most recently

completed financial year].

An independent qualified reserves evaluator or qualified reserves auditor has

not been retained to evaluate the Company's reserves data. No report of an

independent qualified reserves evaluator or qualified reserves auditor will be

filed with securities regulatory authorities with respect to the financial year

ended on [last day of the reporting issuer's most recently completed financial

year].

The [Reserves Committee of the] board of directors has reviewed the

Company's procedures for assembling and reporting other information

associated with oil and gas activities and has reviewed that information with

management. The board of directors has [, on the recommendation of the

Reserves Committee,] approved

(

a) the content and filing with securities regulatory authorities of

Form 51-101F1 containing information detailing the Company's

oil and gas activities; and

(

b) the content and filing of this report.

[signature, name and title of chief executive officer]

[signature, name and title of an officer other than the chief executive officer]

[signature, name of a director]

[signature, name of a director]

[Date]

38. The Instrument is amended by adding the following:

FORM 51-101F5

NOTICE OF

CEASING TO ENGAGE IN OIL AND GAS ACTIVITIES

This is the form referred to in

section 6.2 of National Instrument 51-

101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101").

1. Terms to which a meaning is ascribed in NI 51-101 have the same

meaning in this form.

2. The notice referred to in

section 6.2 of NI 51-101 must in all

material respects be in the following form:

Notice of

Ceasing to Engage in Oil and Gas Activities

Management and the board of directors of [name of reporting issuer]

(the "Company") have determined that as of [date] the Company is no

longer engaged, directly or indirectly, in oil and gas activities.

[signature, name and title of chief executive officer]

[signature, name and title of an officer other than the chief executive

officer]

[signature, name of a director]

[signature, name of a director]

[Date]

39. All footnotes and references to footnotes are repealed.

40. This Instrument comes into force on July 1, 2015.

Alberta Securities Commission

AMENDMENTS TO

NATIONAL INSTRUMENT 51-102

CONTINUOUS DISCLOSURE OBLIGATIONS

(Securities Act)

Made as a rule by the Alberta Securities Commission on March 11, 2015 pursuant to

sections 223 and 224 of the Securities Act.

Amendments to

National Instrument 51-102 Continuous Disclosure Obligations

1. National Instrument 51-102 Continuous Disclosure Obligations is amended

by this Instrument.

2. Paragraph 5.3(2)(

b) is amended by adding "for an issuer that is not providing

disclosure in accordance with

section 2.2.1 of Form 51-102F1" after "interim

MD&A".

3. Subsection 5.4(1) is amended by replacing "MD&A" with "annual MD&A

and, if the issuer is not providing disclosure in accordance with

section 2.2.1 of

Form 51-102F1, its interim MD&A,".

4. Paragraph 5.7(2)(

b) is amended by adding "for an issuer that is not providing

disclosure in accordance with

section 2.2.1 of Form 51-102F1" after "interim

MD&A".

5. Paragraphs 8.3(1)(

b) and (3)(

b) are amended by replacing "40 percent" with

"100 percent".

6. Subsection 8.4(5) is amended by adding "issuer other than a venture" after "a

reporting".

Section 9.3.1 is amended

(

a) in subsection (1) by replacing "sends" with "is required to send",

(

b) in paragraph (1)(

b) by deleting ", applying reasonable effort,",

(

c) in subsection (2) by replacing ", in accordance with, and subject to any

exemptions set out in, Form 51-102F6 Statement of Executive Compensation,

which came into force on December 31, 2008" with "and in accordance with

Form 51-102F6 Statement of Executive Compensation",

(

d) by adding the following subsections:

(2.1) Despite subsection (2), a venture issuer may provide the

disclosure required by subsection (1) for the periods set out in and in

accordance with Form 51-102F6V Statement of Executive

Compensation - Venture Issuers.

(2.2) The disclosure required under subsection (1) must be filed

(

a) not later than 140 days after the end of the issuer's most

recently completed financial year, in the case of an issuer

other than a venture issuer, or

(

b) not later than 180 days after the end of the issuer's most

recently completed financial year, in the case of a venture

issuer.,

(

e) in subsection (3) by replacing ", which came into force on December

31, 2008" with "or, for a venture issuer relying on subsection (2.1), in Form

51-102F6V Statement of Executive Compensation - Venture Issuers",

(

f) by repealing subsection (4), and

(

g) by adding the following subsection:

(5) Subsection (2.2) applies to an issuer in respect of a financial year

beginning on or after July 1, 2015..

Section 11.6 is amended

(

a) in subsection (1) by replacing "does not send to its securityholders"

with "is not required to send to its securityholders an information circular and

does not send", and

(

b) in paragraph (1)(

b) by deleting ", applying reasonable effort,",

(

c) in subsection (2) by striking out ", which came into force on December

31, 2008",

(

d) by adding the following subsection:

(2.1) Despite subsection (2), a reporting issuer that is a venture issuer

may provide the disclosure required under subsection (1) for the periods

set out in and in accordance with Form 51-102F6V Statement of

Executive Compensation - Venture Issuers.,

(

e) in subsection (4) by deleting ", which came into force on December 31,

2008" and replacing it with "or, for a venture issuer relying on subsection

(2.1), in Form 51-102F6V Statement of Executive Compensation - Venture

Issuers", and

(

f) by repealing subsection (6).

9. Paragraph (

g) of

Part 1 of Form 51-102F1 is replaced by the following:

(

g) Venture Issuers

If your company is a venture issuer, you have the option of meeting the

requirement to provide interim MD&A under

section 2.2 by instead

providing quarterly highlights disclosure. Refer to Companion Policy

51-102CP for guidance on quarterly highlights.

If your company is a venture issuer without significant revenue from

operations, in your MD&A including any quarterly highlights, focus

your discussion and analysis of financial performance on expenditures

and progress towards achieving your business objectives and

milestones..

10. Item 2 of

Part 2 of Form 51-102F1 is amended by adding the following

section:

2.2.1 Quarterly Highlights

If your company is a venture issuer, you have the option of meeting the

requirement to provide interim MD&A under

section 2.2 by instead providing

a short discussion of all material information about your company's operations,

liquidity and capital resources. Include in your discussion:

* an analysis of your company's financial condition, financial

performance and cash flows and any significant factors that have caused

period to period variations in those measures;

* known trends, risks or demands;

* major operating milestones;

* commitments, expected or unexpected events, or uncertainties that have

materially affected your company's operations, liquidity and capital

resources in the interim period or are reasonably likely to have a

material effect going forward;

* any significant changes from disclosure previously made about how the

company was going to use proceeds from any financing and an

explanation of variances;

* any significant transactions between related parties that occurred in the

interim period.

INSTRUCTIONS

(

i) If the first MD&A you file in this Form (your first MD&

A) is an

interim MD&A, you cannot use quarterly highlights. Rather, you

must provide all the disclosure called for in Item 1 in your first

MD&A. Base the disclosure, except the disclosure for

section 1.3,

on your interim financial report. Since you do not have to update

the disclosure required in

section 1.3 in your interim MD&A,

your first MD&A will provide disclosure under

section 1.3 based

on your annual financial statements.

(ii) Provide a short, focused discussion that gives a balanced and

accurate picture of the company's business activities during the

interim period. The purpose of the quarterly highlights reporting

is to provide a brief narrative update about the business activities,

financial condition, financial performance and cash flow of the

company. While summaries are to be clear and concise, they are

subject to the normal prohibitions against false and misleading

statements.

(iii) Quarterly highlights prepared in accordance with

section 2.2.1

are not required for your company's fourth quarter as relevant

fourth quarter content will be contained in your company's

annual MD&A prepared in accordance with Item 1 (see

section

1.10).

(iv) You must title your quarterly highlights "Interim MD&A -

Quarterly Highlights".

(

v) If there was a change to the company's accounting policies

during the interim period, include a description of the material

effects resulting from the change.

2.2.2 Quarterly Highlights - Transition

Section 2.2.1 applies to an issuer in respect of a financial year beginning on or

after July 1, 2015..

11. Item 5.4 of Form 51-102F2 is replaced with the following:

5.4 Companies with Mineral Projects

If your company had a mineral project, provide the following

information, by

summary if applicable, for each project material to your

company:

(1) Current Technical Report - The title, author(s), and date of the

most recent technical report on the property filed in accordance

with National Instrument 43-101 Standards of Disclosure for

Mineral Projects.

(2) Project Description, Location, and Access

(

a) The location of the project and means of access.

(

b) The nature and extent of your company's title to or interest

in the project, including surface rights, obligations that

must be met to retain the project, and the expiration date of

claims, licences and other property tenure rights.

(

c) The terms of any royalties, overrides, back-in rights,

payments or other agreements and encumbrances to which

the project is subject.

(

d) To the extent known, any significant factors or risks that

might affect access or title, or the right or ability to perform

work on, the property, including permitting and

environmental liabilities to which the project is subject.

(3) History

(

a) To the extent known, the prior exploration and

development of the property, including the type, amount,

and results of any exploration work undertaken by previous

owners, any significant historical estimates, and any

previous production on the property.

(4) Geological Setting, Mineralization, and Deposit Types

(

a) The regional, local, and property geology.

(

b) The significant mineralized zones encountered on the

property, the surrounding rock types and relevant

geological controls, and the length, width, depth and

continuity of the mineralization together with a description

of the type, character and distribution of the mineralization.

(

c) The mineral deposit type or geological model or concepts

being applied.

(5) Exploration - The nature and extent of all relevant exploration

work other than drilling, conducted by or on behalf of your

company, including a

summary and

interpretation of the relevant

results.

(6) Drilling - The type and extent of drilling and a

summary and

interpretation of all relevant results.

(7) Sampling, Analysis, and Data Verification - The sampling and

assaying including, without limitation,

(

a) sample preparation methods and quality control measures

employed before dispatch of samples to an analytical or

testing laboratory,

(

b) the security measures taken to ensure the validity and

integrity of samples taken,

(

c) assaying and analytical procedures used and the

relationship, if any, of the laboratory to your company, and

(

d) quality control measures and data verification procedures,

and their results.

(8) Mineral Processing and Metallurgical Testing - If mineral

processing or metallurgical testing analyses have been carried out,

describe the nature and extent of the testing and analytical

procedures, and provide a

summary of the relevant results and, to

the extent known, provide a description of any processing factors

or deleterious elements that could have a significant effect on

potential economic extraction.

(9) Mineral Resource and Mineral Reserve Estimates - The

mineral resources and mineral reserves, if any, including, without

limitation,

(

a) the effective date of the estimates,

(

b) the quantity and grade or quality of each category of

mineral resources and mineral reserves,

(

c) the key assumptions, parameters, and methods used to

estimate the mineral resources and mineral reserves, and

(

d) the extent to which the estimate of mineral resources and

mineral reserves may be materially affected by

metallurgical, environmental, permitting, legal, title,

taxation, socio-economic, marketing, political, and other

relevant issues.

(10) Mining Operations - For advanced properties, the current or

proposed mining methods, including a

summary of the relevant

information used to establish the amenability or potential

amenability of the mineral resources or mineral reserves to the

proposed mining methods.

(11) Processing and Recovery Operations - For advanced

properties, a

summary of current or proposed processing methods

and reasonably available information on test or operating results

relating to the recoverability of the valuable component or

commodity.

(12) Infrastructure, Permitting, and Compliance Activities - For

advanced properties,

(

a) the infrastructure and logistic requirements for the project,

and

(

b) the reasonably available information on environmental,

permitting, and social or community factors related to the

project.

(13) Capital and Operating Costs - For advanced properties,

(

a) a

summary of capital and operating cost estimates, with the

major components set out in tabular form, and

(

b) an economic analysis with forecasts of annual cash flow,

net present value, internal rate of return, and payback

period, unless exempted under Instruction (1) to Item 22 of

Form 43-101F1.

(14) Exploration, Development, and Production - A description of

your company's current and contemplated exploration,

development or production activities.

INSTRUCTIONS

(

i) Disclosure regarding mineral exploration, development or production

activities on material projects must comply with National Instrument

43-101 Standards of Disclosure for Mineral Projects, including the

limitations set out in it. You must use the appropriate terminology to

describe mineral reserves and mineral resources. You must base your

disclosure on information prepared by, under the supervision of, or

approved by, a qualified person.

(ii) You are permitted to satisfy the disclosure requirements in

section 5.4 by

reproducing the

summary from the technical report on the material

property and incorporating the detailed disclosure in the technical

report into the AIF by reference..

12. Paragraph (

c) of

Part 1 of Form 51-102F5 is amended by adding "or Form

51-102F6V Statement of Executive Compensation - Venture Issuers" after

"Form 51-102F6 Statement of Executive Compensation".

13. Item 8 of

Part 2 of Form 51-102F5 is amended by adding "or, in the case of a

venture issuer, a completed Form 51-102F6 Statement of Executive

Compensation or a completed Form 51-102F6V Statement of Executive

Compensation - Venture Issuers" after "Form 51-102F6 Statement of

Executive Compensation".

14. Subsection 1.3(10) of Form 51-102F6 is amended by deleting ", applying

reasonable effort,".

15. Commentary 1 of

section 2.1 of Form 51-102F6 is amended by deleting ",

applying reasonable effort,".

16. Commentary 2 of subsection 3.1(10) of Form 51-102F6 is amended by

deleting "still".

17. Subsection 8.1(1) of Form 51-102F6 is amended by replacing "required by"

with "they are required to disclose in the United States under".

18. The following form is added:

Form 51-102F6V

Statement of Executive Compensation - Venture Issuers

ITEM 1 - GENERAL PROVISIONS

1.1 Objective

All direct and indirect compensation provided to certain executive officers and

directors for, or in connection with, services they have provided to the

company or a subsidiary of the company must be disclosed in this form.

The objective of this disclosure is to communicate the compensation the

company paid, made payable, awarded, granted, gave or otherwise provided to

each named executive officer and director for the financial year, and the

decision-making process relating to compensation. This disclosure will provide

insight into executive compensation as a key aspect of the overall stewardship

and governance of the company and will help investors understand how

decisions about executive compensation are made.

A company's executive compensation disclosure under this form must satisfy

this objective and subsections 9.3.1(1) or 11.6(1) of the Instrument.

While the objective of this disclosure is the same as the objective in

section 1.1

of Form 51-102F6, this form is to be used by venture issuers only. Reporting

issuers that are not venture issuers must complete Form 51-102F6.

1.2

Definitions

If a term is used in this form but is not defined in this section, refer to

subsection 1.1(1) of the Instrument or to National Instrument 14-101

Definitions.

In this form,

"company" includes other types of business organizations such as

partnerships, trusts and other unincorporated business entities;

"compensation securities" includes stock options, convertible securities,

exchangeable securities and similar instruments including stock appreciation

rights, deferred share units and restricted stock units granted or issued by the

company or one of its subsidiaries for services provided or to be provided,

directly or indirectly, to the company or any of its subsidiaries;

"external management company" includes a subsidiary, affiliate or associate

of the external management company;

"named executive officer" or "NEO" means each of the following

individuals:

(

a) each individual who, in respect of the company, during any part of the

most recently completed financial year, served as chief executive officer,

including an individual performing functions similar to a chief executive

officer;

(

b) each individual who, in respect of the company, during any part of the

most recently completed financial year, served as chief financial officer,

including an individual performing functions similar to a chief financial

officer;

(

c) in respect of the company and its subsidiaries, the most highly

compensated executive officer other than the individuals identified in

paragraphs (

a) and (

b) at the end of the most recently completed

financial year whose total compensation was more than $150,000, as

determined in accordance with subsection 1.3(5), for that financial year;

(

d) each individual who would be a named executive officer under

paragraph (

c) but for the fact that the individual was not an executive

officer of the company, and was not acting in a similar capacity, at the

end of that financial year;

"plan" includes any plan, contract, authorization, or arrangement, whether or

not set out in any formal document, where cash, compensation securities or any

other property may be received, whether for one or more persons;

"underlying securities" means any securities issuable on conversion,

exchange or exercise of compensation securities.

1.3 Preparing the form

(1) All compensation to be included

(

a) When completing this form, the company must disclose all

compensation paid, payable, awarded, granted, given, or otherwise

provided, directly or indirectly, by the company, or a subsidiary of the

company, to each named executive officer and director, in any capacity,

including, for greater certainty, all plan and non-plan compensation,

direct and indirect pay, remuneration, economic or financial award,

reward, benefit, gift or perquisite paid, payable, awarded, granted, given,

or otherwise provided to the named executive officer or director for

services provided and for services to be provided, directly or indirectly,

to the company or a subsidiary of the company.

(

b) If an item of compensation is not specifically mentioned or described in

this form, disclose it in the column "Value of all other compensation" of

the table in

section 2.1.

Commentary

1. Unless otherwise specified, information required to be disclosed under

this form may be prepared in accordance with the accounting principles

the company uses to prepare its financial statements, as permitted by

National Instrument 52-107 Acceptable Accounting Principles and

Auditing Standards.

2. The definition of "director" under securities legislation includes an

individual who acts in a capacity similar to that of a director.

(2) Departures from format

(

a) Although the required disclosure must be made in accordance with this

form, the disclosure may

(

i) omit a table, column of a table, or other prescribed information, if

it does not apply, and

(ii) add a table, column, or other information if

(

A) necessary to satisfy the objective in

section 1.1, and

(

B) to a reasonable person, the table, column, or other

information does not detract from the prescribed

information in the table in

section 2.1.

(

b) Despite paragraph (a), a company must not add a column to the table in

section 2.1.

(3) Information for full financial year

(

a) If a named executive officer acted in that capacity for the company

during part of a financial year for which disclosure is required in the

table in

section 2.1, provide details of all of the compensation that the

named executive officer received from the company for that financial

year. This includes compensation the named executive officer earned in

any other position with the company during the financial year.

(

b) Do not annualize compensation in a table for any part of a year when a

named executive officer was not in the service of the company.

Annualized compensation may be disclosed in a footnote.

(4) Director and named executive officer compensation

(

a) Disclose any compensation awarded to, earned by, paid to, or payable to

each director and named executive officer, in any capacity with respect

to the company. Compensation to directors and named executive officers

must include all compensation from the company and its subsidiaries.

(

b) Disclose any compensation awarded to, earned by, paid to, or payable to,

a named executive officer, or director, in any capacity with respect to the

company, by another person or company.

(5) Determining if an individual is a named executive officer

For the purpose of calculating total compensation awarded to, earned by, paid

to, or payable to an executive officer under paragraph (

c) of the definition of

named executive officer,

(

a) use the total compensation that would be reported for that executive

officer in the table in

section 2.1, as if the executive officer were a

named executive officer for the company's most recently completed

financial year, and

(

b) exclude any compensation disclosed in the column "Value of all other

compensation" of the table in

section 2.1.

Commentary

The $150,000 threshold in paragraph (

c) of the definition of named executive

officer only applies when determining who is a named executive officer in a

company's most recently completed financial year. If an individual is a named

executive officer in the most recently completed financial year, disclosure of

compensation in the prior years must be provided even if total compensation in

a prior year is less than $150,000.

(6) Compensation to associates

Disclose any awards, earnings, payments, or payables to an associate of a

named executive officer, or of a director, as a result of compensation awarded

to, earned by, paid to, or payable to the named executive officer or the director,

in any capacity with respect to the company.

(7) Currencies

(

a) Companies must report amounts required by this form in Canadian

dollars or in the same currency that the company uses for its financial

statements. A company must use the same currency in all of the tables of

this form.

(

b) If compensation awarded to, earned by, paid to, or payable to a named

executive officer or director was in a currency other than the currency

reported in the prescribed tables of this form, state the currency in which

compensation was awarded, earned, paid, or payable, disclose the

currency exchange rate and describe the methodology used to translate

the compensation into Canadian dollars or the currency that the

company uses in its financial statements.

(8) New reporting issuers

(

a) A company is not required to provide information for a completed

financial year if the company was not a reporting issuer at any time

during the most recently completed financial year, unless the company

became a reporting issuer as a result of a restructuring transaction.

(

b) If the company was not a reporting issuer at any time during the most

recently completed financial year and the company is completing this

form because it is preparing a prospectus, discuss all significant

elements of the compensation to be awarded to, earned by, paid to, or

payable to named executive officers and directors of the company once

it becomes a reporting issuer, to the extent this compensation has been

determined.

(9) Plain language

Information required to be disclosed under this form must be clear, concise,

and presented in such a way that it provides a person, applying reasonable

effort, an understanding of

(

a) how decisions about named executive officer and director compensation

are made, and

(

b) how specific named executive officer and director compensation relates

to the overall stewardship and governance of the company.

Commentary

Refer to the plain language principles listed in

section 1.5 of Companion

Policy 51-102CP Continuous Disclosure Obligations for further guidance.

ITEM 2 - DIRECTOR AND NAMED EXECUTIVE OFFICER

COMPENSATION

2.1 Director and named executive officer compensation, excluding

compensation securities

(1) Using the following table, disclose all compensation referred to in subsection

1.3(1) of this form for each of the two most recently completed financial years,

other than compensation disclosed under

section 2.3.

Commentary

For venture issuers, compensation includes payments, grants, awards, gifts

and benefits including, but not limited to,

* salaries,

* consulting fees,

* management fees,

* retainer fees,

* bonuses,

* committee and meeting fees,

* special assignment fees,

* pensions and employer paid RRSP contributions,

* perquisites such as

o car, car lease, car allowance or car loan,

o personal insurance,

o parking,

o accommodation, including use of vacation accommodation,

o financial assistance,

o club memberships

o use of corporate motor vehicle or aircraft,

o reimbursement for tax on perquisites or other benefits, and

o investment-related advice and expenses.

Table of compensation excluding compensation securities

Name

and

position

Year

Salary,

consulting

fee, retainer

commission

($)

Bonus

($)

Committee

or meeting

fees ($)

Value of

perquisites

($)

Value of all

other

compensation

($)

Total

compensation

($)

(2) In the table required under subsection (1), disclose compensation of each

named executive officer first, followed by compensation of any director who is

not a named executive officer.

(3) If the individual is a named executive officer and a director, state both

positions in the column entitled "Name and position". In a footnote to the table,

identify how much compensation the NEO received for each position.

(4) In the column entitled "Value of perquisites", include perquisites provided to

an NEO or director that are not generally available to all employees and that, in

aggregate, are greater than

(a) $15,000, if the NEO or director's total salary for the financial year is

$150,000 or less,

(b) 10% of the NEO or director's salary for the financial year, if the NEO or

director's total salary for the financial year is greater than $150,000 but

less than $500,000, or

(c) $50,000, if the NEO or director's total salary for the financial year is

$500,000 or greater.

Value these items on the basis of the aggregate incremental cost to the

company and its subsidiaries. Describe in a footnote the methodology used for

computing the aggregate incremental cost to the company.

Provide a note to the table to disclose the nature of each perquisite provided

that equals or exceeds 25% of the total value of perquisites provided to that

named executive officer or director, and how the value of the perquisite was

calculated, if it is not provided in cash.

Commentary

For the purposes of the column entitled "Value of perquisites", an item is

generally a perquisite if it is not integrally and directly related to the

performance of the director or named executive officer's duties. If something is

necessary for a person to do his or her job, it is integrally and directly related

to the job and is not a perquisite, even if it also provides some amount of

personal benefit.

(5) If non-cash compensation, other than compensation required to be disclosed in

section 2.3, was provided or is payable, disclose the fair market value of the

compensation at the time it was earned or, if it is not possible to calculate the

fair market value, disclose that fact in a note to the table and the reasons why.

(6) In the column entitled "Value of all other compensation", include all of the

following:

(

a) any incremental payments, payables and benefits to a named executive

officer or director that were triggered by, or resulted from, a scenario

listed in subsection 2.5(2) that occurred before the end of the applicable

financial year,

(

b) all compensation relating to defined benefit or defined contribution plans

including service costs and other compensatory items such as plan

changes and earnings that are different from the estimated earnings for

defined benefit plans and above market earnings for defined contribution

plans.

Commentary

The disclosure of defined benefit or defined contribution plans relates to all

plans that provide for the payment of pension plan benefits. Use the same

amounts indicated in column (

e) of the defined benefit plan table required by

section 2.7 for the applicable financial year and the amounts included in

column (

c) of the defined contribution plan table required by

section 2.7 for the

applicable financial year.

(7) Despite subsection (1), it is not necessary to disclose Canada Pension Plan,

similar government plans and group life, health, hospitalization, medical

reimbursement and relocation plans that do not discriminate in scope, terms or

operation that are generally available to all salaried employees.

(8) If a director or named executive officer has served in that capacity for only part

of a year, indicate the number of months he or she has served; do not annualize

the compensation.

(9) Provide notes to the table to disclose each of the following for the most

recently completed financial year only:

(

a) compensation paid or payable by any person or company other than the

company in respect of services provided to the company or its

subsidiaries, including the identity of that other person or company;

(

b) compensation paid or payable indirectly to the director or named

executive officer and, in such case, the amount of compensation, to

whom it is paid or payable and the relationship between the director or

named executive officer and such other person or company;

(

c) for the column entitled "Value of all other compensation", the nature of

each form of other compensation paid or payable that equals or exceeds

25% of the total value of other compensation paid or payable to that

director or named executive officer, and how the value of such other

compensation was calculated, if it is not paid or payable in cash.

2.2 External management companies

(1) If one or more individuals acting as named executive officers of the company

are not employees of the company, disclose the names of those individuals.

(2) If an external management company employs or retains one or more

individuals acting as named executive officers or directors of the company and

the company has entered into an understanding, arrangement or agreement with

the external management company to provide executive management services

to the company, directly or indirectly, disclose any compensation that

(

a) the company paid directly to an individual employed, or retained by the

external management company, who is acting as a named executive

officer or director of the company;

(

b) the external management company paid to the individual that is

attributable to the services they provided to the company, directly or

indirectly.

(3) If an external management company provides the company's executive

management services and also provides executive management services to

another company, disclose the entire compensation the external management

company paid to the individual acting as a named executive officer or director,

or acting in a similar capacity, in connection with services the external

management company provided to the company, or the parent or a subsidiary

of the company. If the management company allocates the compensation paid

to a named executive officer or director, disclose the basis or methodology

used to allocate this compensation.

Commentary

A named executive officer may be employed by an external management

company and provide services to the company under an understanding,

arrangement or agreement. In this case, references in this form to the chief

executive officer or chief financial officer are references to the individuals who

performed similar functions to that of the chief executive officer or chief

financial officer. They are typically the same individuals who signed and filed

annual and interim certificates to comply with National Instrument 52-109

Certification of Disclosure in Issuers' Annual and Interim Filings.

2.3 Stock options and other compensation securities

(1) Using the following table, disclose all compensation securities granted or

issued to each director and named executive officer by the company or one of

its subsidiaries in the most recently completed financial year for services

provided or to be provided, directly or indirectly, to the company or any of its

subsidiaries.

Compensation Securities

Name

and

position

Type of

compensation

security

Number of

compensation

securities,

number of

underlying

securities, and

percentage of

class

Date of

issue

grant

Issue,

conversion

or exercise

price ($)

Closing

price of

security or

underlying

security

on date of

grant ($)

Closing

price of

security

underlyin

g security

at year

end ($)

Expiry

date

(2) Position the tables prescribed in subsections (1) and (4) directly after the table

prescribed in

section 2.1.

(3) Provide notes to the table to disclose each of the following:

(

a) the total amount of compensation securities, and underlying securities,

held by each named executive officer or director on the last day of the

most recently completed financial year end;

(

b) any compensation security that has been re-priced, cancelled and

replaced, had its term extended, or otherwise been materially modified,

in the most recently completed financial year, including the original and

modified terms, the effective date, the reason for the modification, and

the name of the holder;

(

c) any vesting provisions of the compensation securities;

(

d) any restrictions or conditions for converting, exercising or exchanging

the compensation securities.

(4) Using the following table, disclose each exercise by a director or named

executive officer of compensation securities during the most recently

completed financial year.

Exercise of Compensation Securities by Directors and NEOs

Name

and

position

Type of

compensation

security

Number of

underlying

securities

exercised

Exercise

price

per

security

($)

Date of

exercise

Closing

price

per

security

on date

exercise

($)

Difference

between

exercise

price and

closing

price on

date of

exercise

($)

Total

value

exercise

date ($)

(5) For the tables prescribed in subsections (1) and (4), if the individual is a named

executive officer and a director, state both positions in the columns entitled

"Name and position".

Commentary

For the purposes of the column entitled "Total value on exercise date"

multiply the number in the column entitled "Number of underlying securities

exercised" by the number in the column entitled "Difference between exercise

price and closing price on date of exercise".

2.4 Stock option plans and other incentive plans

(1) Describe the material terms of each stock option plan, stock option agreement

made outside of a stock option plan, plan providing for the grant of stock

appreciation rights, deferred share units or restricted stock units and any other

incentive plan or portion of a plan under which awards are granted.

Commentary

Examples of material terms are vesting provisions, maximum term of options

granted, whether or not a stock option plan is a rolling plan, the maximum

number or percentage of options that can be granted, method of settlement.

(2) Indicate for each such plan or agreement whether it has previously been

approved by shareholders and, if applicable, when it is next required to be

approved.

(3) Disclosure is not required of plans, such as shareholder rights plans, that

involve issuance of securities to all securityholders.

2.5 Employment, consulting and management agreements

(1) Disclose the material terms of each agreement or arrangement under which

compensation was provided during the most recently completed financial year

or is payable in respect of services provided to the company or any of its

subsidiaries that were

(

a) performed by a director or named executive officer, or

(

b) performed by any other party but are services typically provided by a

director or a named executive officer.

(2) For each agreement or arrangement referred to in subsection (1), disclose each

of the following:

(

a) the provisions, if any, with respect to change of control, severance,

termination or constructive dismissal;

(

b) the estimated incremental payments that are triggered by, or result from,

change of control, severance, termination or constructive dismissal;

(

c) any relationship between the other party to the agreement and a director

or named executive officer of the company or any of its subsidiaries.

2.6 Oversight and description of director and named executive officer

compensation

(1) Disclose who determines director compensation and how and when it is

determined.

(2) Disclose who determines named executive officer compensation and how and

when it is determined.

(3) For each named executive officer, disclose each of the following:

(

a) a description of all significant elements of compensation awarded to,

earned by, paid or payable to the named executive officer for the most

recently completed financial year, including at a minimum each element

of compensation that accounts for 10% or more of the named executive

officer's total compensation;

(

b) whether total compensation or any significant element of total

compensation is tied to one or more performance criteria or goals,

including for example, milestones, agreements or transactions and, if so,

(

i) describe the performance criteria and goals, and

(ii) indicate the weight or approximate weight assigned to each

performance criterion or goal;

(

c) any significant events that have occurred during the most recently

completed financial year that have significantly affected compensation

including whether any performance criterion or goal was waived or

changed and, if so, why;

(

d) how the company determines the amount to be paid for each significant

element of compensation referred to in paragraph (a), including whether

the process is based on objective, identifiable measures or a subjective

decision;

(

e) whether a peer group is used to determine compensation and, if so,

describe the peer group and why it is considered appropriate;

(

f) any significant changes to the company's compensation policies that

were made during or after the most recently completed financial year

that could or will have an effect on director or named executive officer

compensation.

(4) Despite subsection (3), if a reasonable person would consider that disclosure of

a previously undisclosed specific performance criterion or goal would seriously

prejudice the company's interests, the company is not required to disclose the

criterion or goal provided that the company does each of the following:

(

a) discloses the percentage of the named executive officer's total

compensation that relates to the undisclosed criterion or goal;

(

b) discloses the anticipated difficulty in achieving the performance

criterion or goal;

(

c) states that it is relying on this exemption from the disclosure

requirement;

(

d) explains why disclosing the performance criterion or goal would

seriously prejudice its interests.

(5) For the purposes of subsection (4), a company's interests are considered not to

be seriously prejudiced solely by disclosing a performance goal or criterion if

that criterion or goal is based on broad corporate-level financial performance

metrics such as earnings per share, revenue growth, or earnings before interest,

taxes, depreciation and amortization (EBITDA).

2.7 Pension disclosure

If the company provides a pension to a director or named executive officer, provide

for each such individual the additional disclosure required by Item 5 of Form 51-

102F6.

2.8 Companies reporting in the United States

(1) Except as provided in subsection (2), SEC issuers may satisfy the requirements

of this form by providing the information that they disclose in the United States

pursuant to item 402 "Executive compensation" of Regulation S-K under the

1934 Act.

(2) Subsection (1) does not apply to a company that, as a foreign private issuer,

satisfies Item 402 of Regulation S-K by providing the information required by

Items 6.B "Compensation" and 6.E.2 "Share Ownership" of Form 20-F under

the 1934 Act..

19. This Instrument comes into force on June 30, 2015.

Transportation

Hosting Expenses Exceeding $600.00

For the period January 1, 2015 to March 31, 2015

Name: Transportation Regulations: Stakeholder Consultation Meetings

Date(s): October 22, 23, 30 and 31, 2014

November 4, 5, 6, 12, 13, 19, 21 and 24, 2014

Amount: $5,195.06

Purpose: Cabinet granted approval to consult with stakeholders on issues and

potential amendments to Alberta Transportation's regulations.

Location: Calgary, Edmonton, Fort McMurray, Grande Prairie, Lethbridge and Red

Deer, AB

Treasury Board and Finance

Insurance Notice

(Insurance Act)

Effective May 7, 2015, Darwin National Assurance Company changed their name to

Allied World Specialty Insurance Company.

David Sorensen

Deputy Superintendent of Insurance.

______________

Effective December 31, 2014 Molecule Exchange Reciprocal withdrew from

Alberta, pursuant to

section 31 of the Insurance Act.

David Sorensen

Deputy Superintendent of Insurance.

ADVERTISEMENTS

Public Sale of Land

(Municipal Government Act)

City of Brooks

Notice is hereby given that, under the provisions of the Municipal Government Act,

the City of Brooks will offer for sale, by public auction, in the City of Brooks Council

Chambers, Brooks, Alberta, on Wednesday, September 2, 2015, at 2 p.m., the

following lands:

Lot

Block/Unit

Plan

Linc

Address

1584LK

15 St. Mary's Cres

18-19

3230AM

127 3 St E.

34-36

4012X

212 Centre St

56 Dr. Anderson Park

66 Upland Rd

Each parcel will be offered for sale, subject to a reserve bid and to the reservations

and conditions contained in the existing certificate of title.

These lands are being offered for sale on an "as is, where is" basis, and the City of

Brooks makes no representation and gives no warranty whatsoever as to the adequacy

of services, soil conditions, land use districting, building and development conditions,

absence or presence of environmental contamination, or the develop ability of the

subject property for any intended use by the Purchaser.

The City of Brooks may, after the public auction, become the owner of any parcel of

land not sold at the public auction.

Terms: Cash, certified cheque, interact or bank draft with minimum 10% down

payment, non-refundable, payable the day of the sale. Balance due within 10 days

from date of auction.

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the sale.

Dated at Brooks, Alberta, May 19, 2015.

Alan Martens, Chief Administrative Officer.

______________

Town of Bassano

Notice is hereby given that under the provisions of the Municipal Government Act,

the Town of Bassano will offer for sale, by public auction, in the Town of Bassano

Administration Office, 502 2nd Avenue Bassano, Alberta, on Wednesday, August 5,

2015, at 10:00 a.m., the following lands:

Roll Number

Plan

Block

Lot

Linc Number

3872T

This parcel will be offered for sale subject to a reserve bid and to the reservations and

conditions contained in the existing Certificate of Title.

The Town of Bassano may, after the public auction, become the owner of any parcel

of land not sold at the public auction.

The lands are being offered for sale on an "as is, where is" basis, and the Town of

Bassano makes no representation and gives no warranty whatsoever as to the

adequacy of services, soil conditions, land use distracting, building and development

conditions, absence of presence of environmental contamination, vacant possession,

or the developability of the lands for any intended use by the successful bidder. No

bid will be accepted where the bidder attempts to attach conditions precedent to the

sale of any parcel of land. No terms or conditions of sale will be considered other than

those specified by the Town of Bassano . No further information is available at the

auction regarding the lands to be sold.

Terms: Cash or Certified Cheque. Deposit: 10% (Non Refundable) of bid at the time

of sale, August 5, 2015. Balance: 90% of bid within 30 days of receipt by the Town of

Bassano. Goods and Services Taxes (GST) applicable per Federal statues.

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the sale.

Dated at Bassano, Alberta, June 5, 2015.

______________

Town of Sedgewick

Notice is hereby given that, under the provisions of the Municipal Government Act,

the Town of Sedgewick will offer for sale, by public auction, at the Sedgewick Town

Office (4818 - 47 St.), Sedgewick, Alberta, on Thursday, August 6, 2015, at 11:00

a.m., the following lands:

LINC Number

Legal Description

Title Number

Plan 1251KS, Block 10, Lots 2A

All properties are subject to the Tax Sale if the total outstanding property taxes

remain outstanding prior to the Tax Sale.

Each parcel will be offered for sale, subject to a reserve bid and to the reservations

and conditions contained in the existing certificate of title.

The land is being offered for sale on an "as is, where is" basis, and the Town of

Sedgewick makes no representation and gives no warranty whatsoever as to the

adequacy of services, soil conditions, land use districting, building and development

conditions, absence or presence of environmental contamination, or the developability

of the subject land for any intended use by the Purchaser. No bid will be accepted

where the bidder attempts to attach conditions precedent to the sale of any parcel. No

Town of Sedgewick. No further information is available at the auction regarding the

lands to be sold.

The Town of Sedgewick may, after the public auction, become the owner of any

parcel of land not sold at the public auction.

Terms: Payment in full by certified cheque, bank draft or money order is required on

the date of sale. All sales are subject to current taxes.

GST may apply on properties sold at the public auction.

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the date of the sale . Properties may be deleted from this list as the tax arrears

and costs are paid.

Village of Alix

Notice is hereby given that under the provisions of the Municipal Government Act,

Village of Alix will offer for sale, by public auction, in the Council Chambers, 4849

50 Street, Village of Alix, Alberta, on Tuesday, August 4, 2015, at 10:00 a.m., the

following lands:

Roll No

Lot

Block

Plan

C of T

486KS

072 200 175

112 184 306

The purchaser of the property will be responsible for any property taxes for the

current year.

Each parcel will be offered for sale subject to a reserve bid and to the reservations and

conditions contained in the existing Certificate of Title.

Redemption of a parcel of land offered for sale may be effected by certified payment

of all arrears of taxes, penalties and costs at any time prior to the auction.

The lands are being offered for sale on an "as is, where is" basis, and the Municipality

makes no representation and gives no warranty whatsoever as to the adequacy of

services, soil conditions, land use districting, building and development conditions,

absence or presence of environmental contamination, vacant possession, or the

developability of the lands for any intended use by the successful bidder.

municipality.

The auctioneer, the councillors, the chief administrative officer the designated officers

and employees of the municipality must not bid for or buy, or act as an agent in

buying any parcel of land offered for sale, unless directed by the municipality to bid

for or buy a parcel of land on behalf of the municipality.

Once the property is declared sold to another individual at public auction the previous

owner has no further right to pay the tax arrears.

The risk of the property lies with the purchaser immediately following the auction.

The purchaser is responsible for obtaining vacant possession.

If no offer is received on a property or if the reserve bid is not met, the property

cannot be sold at the public auction.

The municipality may, after the public auction, become the owner of any parcel of

land not sold at the public auction.

Terms: The successful bidder must, at the time of the sale, make a non-refundable ten

percent (10%) deposit in cash, certified cheque or bank draft payable to the

municipality, with the remaining balance of the purchasing price due within thirty

(30) days of the sale. GST will apply to all applicable lands sold at the auction.

Bonnie Cretzman, Chief Administrative Officer.

______________

Village of Barons

Notice is hereby given that under the provisions of the Municipal Government Act,

the Village of Barons will offer for sale, by public auction, at the Village Office, 210

Main Street, Barons, Alberta, on Tuesday, August 5, 2015, at 10:00 a.m., the

following lands:

Lot(

s) Block

Plan

Certificate of Title

18 - W1/2 20

2605X

941 302 418

13-14

2605X

941 304 760

15-16

2605X

941 304 760+1

17-18

2605X

941 304 775

2605X

981 211 841

20-21

2605X

981 211 925

Pt. of Sec.

Sec.

Twp.

Rge.

Certificate of Title

75G39

The parcel is being offered for sale on an "as is, where is" basis and the Village of

Barons makes no representation and gives no warranty whatsoever as to the adequacy

of services, soil conditions, land use districting, building and development conditions,

absence or presence of environmental contamination, vacant possession or the

developability of the subject land for any intended use by the Purchaser.

No bid will be accepted where the bidder attempts to attach conditions precedent to

the sale of any parcel. No terms or conditions of sale will be considered other than

those specified by the Village of Barons. No further information is available at the

auction regarding the parcels to be sold.

Each parcel will be offered for sale subject to a reserve bid and to the reservations and

conditions contained in the existing Certificate of Title.

The Village of Barons may, after the public auction, become the owner of any parcel

of land not sold at the public auction.

Terms: Cash or Certified Cheque

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the sale.

Dated at Barons, Alberta, May 15, 2015.

Laurie Beck, Administrator.

______________

Village of Donalda

Notice is hereby given that under the provisions of the Municipal Government Act,

Village of Donalda will offer for sale, by public auction, in the Village Office, 5001

Main St., Donalda, Alberta, on Sunday, July 26, 2015, at 12:00 p.m., the following

lands:

Lot

Block

Plan

Linc

C of T

0013 595 858

062 429 182

The land will be offered for sale subject to a reserve bid and to the reservations and

conditions contained in the existing Certificate of Title.

No bid will be accepted where the bidder attempts to attach conditions precedent to

the sale of any parcel. No terms or conditions will be considered other than those

specified by the Village of Donalda

The Village of Donalda may, after the public auction, become the owner of any parcel

of land not sold at the public auction.

Terms: Cash or certified cheque and GST will apply to the land sold at the public

auction. A 25% deposit is payable upon acceptance of the bid at public auction. The

full balance of the accepted bid is due within 30 days.

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the sale.

Dated at the Village of Donalda, Alberta, May 28, 2015.

Anna Volk, CAO.

______________

Village of Innisfree

Notice is hereby given that under the provisions of the Municipal Government Act,

the Village of Innisfree will offer for sale, by public auction, in the Village Office,

5116 - 50 Ave., Innisfree, Alberta, on Wednesday, September 2, 2015, at 10:00 a.m.,

the following lands:

Lot

Block

Plan

Linc Number

10 & 11

4175R

This parcel is being offered for sale, subject to a reserve bid and to the reservations

and conditions contained in the existing certificate of title.

This parcel is being offered for sale on an "as is, where is" basis, and the Village of

Innisfree makes no representation and gives no warranty whatsoever as to the

adequacy of services, soil conditions, land use districting, building and development

conditions, absence or presence of environmental contamination, or the developability

of the parcel for any intended use by the purchaser.

G.S.T. will apply to all applicable land sold at the Auction.

No bid will be accepted where the Bidder attempts to attach conditions to the sale of

the land. The minimum bid cannot be lower than the market value estimate

predetermined by the Assessor. No Terms or Conditions of Sale will be considered

other than those specified by the Village of Innisfree. The successful Bidder shall be

required to execute a Sale Agreement in a form and substance acceptable to the

Village of Innisfree.

No further information will be available at the Public Auction regarding the land to be

offered for sale.

Terms: Cash or certified cheque, a 10% deposit with the balance due within 30 days

of the public auction.

The Village of Innisfree may, after the public auction, become the owner of any

parcel of land not sold at the public auction.

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the sale.

______________

Village of Veteran

Notice is hereby given that under the provisions of the Municipal Government Act,

the Village of Veteran will offer for sale, by public auction, in the Village Office, at

110 Waterloo Street, Veteran, Alberta, on Wednesday, August 5, 2015, at 10:00 a.m.,

the following lands:

Plan

Block

Lot

Linc#

Title #

6224HW

0016 362 551

052 194 940 +1

585AJ

11-13

0017 510 620

002 318 155

Each parcel will be offered for sale subject to a reserve bid and to the reservations and

conditions contained in the existing Certificate of Title.

The Village of Veteran may, after the public auction, become owner of any parcel of

land not sold at the public auction.

Terms: 5% down and balance in 30 days; Cash or Certified Cheque

Redemption may be effected by payment of all arrears of taxes and costs at any time

prior to the sale.

Dated at Veteran, Alberta, June 15, 2015.

Debbie Johnstone, C.A.O.

Village of Veteran

NOTICE TO ADVERTISERS

The Alberta Gazette is issued twice monthly, on the 15th and last day.

Notices and advertisements must be received ten full working days before the

date of the issue in which the notices are to appear. Submissions received after

that date will appear in the next regular issue.

Notices and advertisements should be typed or written legibly and on a sheet separate

from the covering letter. An electronic submission by email or disk is preferred.

Email submissions may be sent to the Editor of The Alberta Gazette at

albertagazette@gov.ab.ca. The number of insertions required should be specified and

the names of all signing officers typed or printed. Please include name and complete

contact information of the individual submitting the notice or advertisement.

Proof of Publication: Statutory Declaration is available upon request.

A copy of the page containing the notice or advertisement will be emailed to each

advertiser without charge.

The dates for publication of Tax Sale Notices in The Alberta Gazette are as follows:

Issue of

Earliest date on which

sale may be held

June 30

August 10

July 15

August 25

July 31

September 10

August 15

September 25

August 31

October 11

September 15

October 26

September 30

November 10

October 15

November 25

October 31

December 11

November 14

December 25

November 30

January 10

December 15

January 25

The charges to be paid for the publication of notices, advertisements and documents

in The Alberta Gazette are:

Notices, advertisements and documents that are 5 or fewer pages $20.00

Notices, advertisements and documents that are more than 5 pages $30.00

Please add 5% GST to the above prices (registration number R124072513).

PUBLICATIONS

Annual Subscription (24 issues) consisting of:

Part I/Part II, and annual index - Print version $150.00

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Alternatives:

Single issue (Part I and

Part II) $10.00

Annual Index to

Part I or

Part II $5.00

Alberta Gazette Bound

Part I $140.00

Alberta Gazette Bound Regulations $92.00

Please note: Shipping and handling charges apply for orders outside of Alberta.

The following shipping and handling charges apply for the Alberta Gazette:

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Please add 5% GST to the above prices (registration number R124072513).

Copies of Alberta legislation and select government publications are available from:

Alberta Queen's Printer

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10611 - 98 Avenue

Edmonton, Alberta T5K 2P7

Phone: 780-427-4952

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