Alberta Gazette — 30 September (i)
0930 i
Alberta — Gazette
THE ALBERTA GAZETTE,
PART I, SEPTEMBER 30, 2003
The Alberta Gazette
PART 1
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Vol. 99 EDMONTON, TUESDAY, SEPTEMBER 30, 2003 No. 18
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APPOINTMENTS
PROVINCIAL COURT ACT
Supernumerary Judge Re-appointed
September 16, 2003
The Honourable Judge Russell L. Dzenick, of Edmonton
October 1, 2003
The Honourable Judge John S. Brownlee, of Calgary
November 1, 2003
The Honourable Judge Peter R. Broda, of Edmonton
The above appointments are for a two-year term.
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GOVERNMENT NOTICES
COMMUNITY DEVELOPMENT
ORDER DESIGNATING REGISTERED HISTORIC RESOURCE
(Historical Resources Act)
Des. 2069
I, Gene Zwozdesky, Minister charged with the administration of the
Historical Resources Act, R.S.A. 2000, c. H-9, as amended, do hereby:
1. Pursuant to
section 19, subsection (1) of that Act, designate the
site known as:
the Webster-MacLeod Farmstead, together with the land legally described as:
The north east quarter of
section twenty four (24), township forty five
(45), range nineteen (19), west of the fourth meridian, containing 64.7
hectares (160 acres) more or less, excepting thereout:
(
A) All that portion described as follows: -- commencing at a point on the
east boundary of the said quarter
section six hundred (600) feet northerly
from the south east corner thereof; thence westerly and at right angles to
the said east boundary seven hundred (700) feet; thence northerly and
parallel to the said east boundary three hundred and sixty (360) feet;
thence easterly and at right angles to the said east boundary to a point
thereon; thence southerly along the said east boundary to the point of
commencement containing 2.34 hectares (5.79 acres) more or less.
(B) 0.544 hectares (1.34 acres) more or less as shown on road plan 8421825.
Excepting thereout all mines and minerals,
and municipally located in the County of Camrose near Ohaton, Alberta
as a REGISTERED HISTORIC RESOURCE,
2. give notice that pursuant to
section 19, subsection (5) of that Act,
no person shall destroy, disturb, alter, restore, or repair any Registered
Historic Resource or remove any historic object from a Registered Historic
Resource until the expiration of 90 days from the date of serving notice on
the Minister of any proposed action, unless the Minister sooner consents to
the proposed action.
SIGNED AT Edmonton, September 15, 2003.
Gene Zwozdesky, Minister.
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FINANCE
INSURANCE NOTICE
(Insurance Act)
Effective August 18, 2003 ACA Assurance became licensed in the Province of
Alberta as a fraternal society for the class of life, accident and
sickness, to the extent authorized by its Articles of Association,
Constitution and By-laws.
A. Hagan, Deputy Superintendant of Insurance
and Financial Institutions.
_______________
Effective April 1, 2003 Provincial Health Authorities of Alberta Liability
Protective Plan changed its name to Provincial Health Authorities of
Alberta Liability and Property Insurance Plan.
A. Hagan, Deputy Superintendant of Insurance
and Financial Institutions.
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INFRASTRUCTURE
SALE OR DISPOSITION OF LAND
(Government Organization Act)
Name of Purchaser: Valerie Nodeland and Ole Nodeland, both of Box 6721,
Edson, Alberta T7E 1V1 as joint tenants.
Consideration: $70,000.00
Land Description: Plan 0120785, Lot 1, containing 4.99 hectares (12.33
acres) more or less, excepting thereout:
Hectares
(Acres) more or less
A) Plan 0320961 Road
0.845
2.09
Excepting thereout all mines and minerals. Located in Yellowhead County.
JUSTICE
PUBLIC TRUSTEE OFFICE
UNCLAIMED BALANCES
FOR THE PERIOD JULY 1, 2003 TO AUGUST 31, 2003
(Public Trustee Act)
Beneficiary Name
Amount Remitted
Date Remitted
Estate Name
Beechey, Keith Johnston, missing beneficiaries
$17,917.94
08/20/2003
Beechey, Keith Johnston
Flat, W. Lloyd, missing beneficiary
$1,062.34
08/13/2003
Claffey, Frederick James
Jones Bros.
$120.41
08/05/2003
Balzac Trading Co-op Association of the UFA Ltd.
Knudsen, Mary, missing beneficiary
$936.78
07/08/2003
Caouette, Andre Anthony
Osborne, R S
$120.41
08/05/2003
Balzac Trading Co-op Association of the UFA Ltd.
Slack, Len
$120.41
08/05/2003
Balzac Trading Co-op Association of the UFA Ltd.
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SAFETY CODES COUNCIL
MUNICIPAL ACCREDITATION
(Safety Codes Act)
Pursuant to
section 26 of the Alberta Safety Codes Act, it is hereby
ordered that
- Summer Village of Kapasiwin, Accreditation No. M000465, Order No.
O00001470, September 7, 2003
authorized to administer the Alberta Safety Codes Act within their
jurisdiction for Plumbing, all parts of the Canadian Plumbing Code, Alberta
Amendments and Regulations, including Private Sewage Treatment and Disposal
Systems, excluding any or all things, processes or activities owned by or
under the care and control of Corporations accredited by the Safety Codes
Council.
_______________
Pursuant to
section 26 of the Alberta Safety Codes Act, it is hereby
ordered that
- Summer Village of Kapasiwin, Accreditation No. M000465, Order No.
O00001471, September 7, 2003
authorized to administer the Alberta Safety Codes Act within their
jurisdiction for Gas, all parts of the Canadian Gas Association, Propane
and Natural Gas Codes, Alberta Amendments and Regulations, excluding
Propane and Natural Gas Highway Vehicle Conversions, excluding any or all
things, processes or activities owned by or under the care and control of
Corporations accredited by the Safety Codes Council.
_______________
Pursuant to
section 26 of the Alberta Safety Codes Act, it is hereby
ordered that
- Summer Village of Kapasiwin, Accreditation No. M000465, Order No.
O00001472, September 7, 2003
authorized to administer the Alberta Safety Codes Act within their
jurisdiction for Electrical, excluding any or all things, processes or
activities owned by or under the care and control of Corporations
accredited by the Safety Codes Council.
_______________
Pursuant to
section 26 of the Alberta Safety Codes Act, it is hereby
ordered that
- Summer Village of Kapasiwin, Accreditation No. M000465, Order No.
O00001473, September 7, 2003
authorized to administer the Alberta Safety Codes Act within their
jurisdiction for Building, all parts of the Alberta Building Code,
excluding any or all things, processes or activities owned by or under the
care and control of Corporations accredited by the Safety Codes Council.
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ALBERTA SECURITIES COMMISSION
NATIONAL INSTRUMENT 51-101
Standards of Disclosure for Oil and Gas Activities,
Form 51-101F1 Statement of Reserves Data and Other Oil and Gas
Information,
Form 51-101F2 Report on Reserves Data by Independent Qualified
Reserves Evaluator or Auditor,
and
Form 51-101F3 Report of Management and Directors on Oil and Gas
Disclosure
(Securities Act)
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
NATIONAL INSTRUMENT 51-101
STANDARDS OF DISCLOSURE
FOR OIL AND GAS ACTIVITIES
TABLE OF CONTENTS
Part 1 APPLICATION AND TERMINOLOGY
1.1
Definitions
1.2 COGE Handbook
Definitions
1.3 Applies to Reporting Issuers Only
1.4 Materiality Standard
Part 2 ANNUAL FILING REQUIREMENTS
2.1 Reserves Data and Other Oil and Gas Information
1. Statement of Reserves Data and Other Information
2. Report of Independent Qualified Reserves Evaluator or
Auditor
3. Report of Management and Directors
2.2 News Release to Announce Filing
2.3 Inclusion in Annual Information Form
2.4 Reservation in Report of Qualified Reserves Evaluator or
Auditor
Part 3 RESPONSIBILITIES OF REPORTING ISSUERS AND DIRECTORS
3.1
Interpretation
3.2 Reporting Issuer to Appoint Independent Qualified Reserves
Evaluator or Auditor
3.3 Reporting Issuer to Make Information Available to Qualified
Reserves Evaluator or Auditor
3.4 Certain Responsibilities of Board of Directors
3.5 Reserves Committee
3.6 British Columbia
Part 4 MEASUREMENT
4.1 Accounting Methods
4.2 Requirements for Disclosed Reserves Data
Part 5 REQUIREMENTS APPLICABLE TO ALL DISCLOSURE
5.1 Application of
Part 5
5.2 Consistency with Reserves Data and Other Information
5.3 Reserves and Resources Classification
5.4 Oil and Gas Reserves and Sales
5.5 Natural Gas By-Products
5.6 Future Net Revenue Not Fair Value
5.7 Consent of Qualified Reserves Evaluator or Auditor
5.8 Disclosure of Less Than All Reserves
5.9 Disclosure Concerning Prospects
5.10 Estimates of Fair Value of an Unproved Property, Prospect or
Resource
5.11 Net Asset Value and Net Asset Value per Share
5.12 Reserve Replacement
5.13 Netbacks
5.14 BOEs and McfGEs
5.15 Finding and Development Costs
Part 6 MATERIAL CHANGE DISCLOSURE
6.1 Material Change from Information Filed under
Part 2
Part 7 OTHER INFORMATION
7.1 Information to be Furnished on Request
Part 8 EXEMPTIONS
8.1 Authority to Grant Exemption
Part 9 INSTRUMENT IN FORCE
9.1 Coming Into Force
9.2 Transition
NATIONAL INSTRUMENT 51-101
STANDARDS OF DISCLOSURE
FOR OIL AND GAS ACTIVITIES
PART 1 APPLICATION AND TERMINOLOGY
1.1
Definitions - In this Instrument:
(
a) annual information form means:
(
i) a "current AIF", as defined in NI 44-101;
(ii) in the case of a reporting issuer that is eligible
to file, for the purpose of
Part 3 of NI 44-101, a current annual report on
Form 10-K or Form 20-F under the 1934 Act, such a current annual report so
filed; or
(iii) a document prepared in Form 44-101F1 AIF and
filed with the securities regulatory authority in the jurisdiction in
accordance with securities legislation of that jurisdiction other than NI
44-101;
(b) "BOEs" means barrels of oil equivalent;
(c) "CICA" means The Canadian Institute of Chartered Accountants;
(d) "CICA Accounting Guideline 5" means Accounting Guideline AcG-5
"Full cost accounting in the oil and gas industry" included in the CICA
Handbook, as amended from time to time;
(e) "CICA Handbook" means the Handbook of the CICA, as amended from
time to time;
(f) "COGE Handbook" means the "Canadian Oil and Gas Evaluation
Handbook" prepared jointly by The Society of Petroleum Evaluation Engineers
(Calgary Chapter) and the Canadian Institute of Mining, Metallurgy &
Petroleum (Petroleum Society), as amended from time to time;
(g) "constant prices and costs" means the prices and costs used in
an estimate that are:
(
i) the reporting issuer's prices and costs as at the
effective date of the estimation, held constant throughout the estimated
lives of the properties to which the estimate applies;
(ii) if, and only to the extent that, there are 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, those prices or costs rather than the prices and
costs referred to in subparagraph (i);
(h) "effective date", in respect of information, means the date as
at which, or for the period ended on which, the information is provided;
(i) "FAS 19" means United States Financial Accounting
Standards Board Statement of Financial Accounting Standards No. 19
"Financial Accounting and Reporting by Oil and Gas Producing Companies", as
amended from time to time;
(j) "forecast prices and costs" means future prices and costs
that are:
(
i) generally accepted as being a reasonable outlook of the
future;
(ii) if, and only to the extent that, there are 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, those prices or costs rather than the prices and
costs referred to in subparagraph (i);
(k) "foreign geographic area" means a geographic area outside North
America within one country or including all or portions of a number of
countries;
(l) "Form 51-101F1" means Form 51-101F1 Statement of Reserves Data
and Other Oil and Gas Information;
(m) "Form 51-101F2" means Form 51-101F2 Report on Reserves Data by
Independent Qualified Reserves Evaluator or Auditor;
(n) "Form 51-101F3" means Form 51-101F3 Report of Management
and Directors on Oil and Gas Disclosure;
(o) "independent", in respect of the relationship between a
reporting issuer and a qualified reserves evaluator or auditor, has the
meaning set out in the COGE Handbook;
(p) "McfGEs" means thousand cubic feet of gas equivalent;
(q) "NI 14-101" means National Instrument 14-101
Definitions;
(r) "NI 44-101" means National Instrument 44-101 Short Form
Prospectus Distributions;
(s) "oil and gas activities"
(
i) include:
(
A) the search for crude oil or natural gas in their
natural states and original locations;
(
B) the acquisition of property rights or properties
for the purpose of further exploring for or removing oil or gas from
reservoirs on those properties;
(
C) the construction, drilling and production
activities necessary to retrieve oil and gas from their natural reservoirs,
and the acquisition, construction, installation and maintenance of field
gathering and storage systems including lifting the oil and gas to the
surface and gathering, treating, field processing and field storage; and
(
D) the extraction of hydrocarbons from oil sands,
shale, coal or other non-conventional sources and activities similar to
those referred to in clauses (A), (
B) and (
C) undertaken with a view to
such extraction; but
(ii) do not include:
(
A) transporting, refining or marketing oil or gas;
(
B) activities relating to the extraction of natural
resources other than oil and gas and their by-products; or
(
C) the extraction of geothermal steam or of
hydrocarbons as a by-product of the extraction of geothermal steam or
associated geothermal resources;
(t) "preparation date", in respect of written disclosure, means the
most recent date to which information relating to the period ending on the
effective date was considered in the preparation of the disclosure;
(u) "production group" means one of the following together, in each
case, with associated by-products:
(
i) light and medium crude oil (combined);
(ii) heavy oil;
(iii) associated gas and non-associated gas (combined); and
(iv) bitumen, synthetic oil or other products from
non-conventional oil and gas activities.
(v) "product type" means one of the following:
(
i) in respect of conventional oil and gas activities:
(
A) light and medium crude oil (combined);
(
B) heavy oil;
(
C) natural gas excluding natural gas liquids; or
(
D) natural gas liquids; and
(ii) in respect of non-conventional oil and gas activities:
(
A) synthetic oil;
(
B) bitumen;
(
C) coal bed methane; or
(
D) hydrates.
(w) "professional organization" means a self-regulatory
organization of engineers, geologists, other geoscientists or other
professionals whose professional practice includes reserves evaluations or
reserves audits, that:
(
i) admits members primarily on the basis of their
educational qualifications;
(ii) requires its members to comply with the professional
standards of competence and ethics prescribed by the organization that are
relevant to the estimation, evaluation, review or audit of reserves data;
(iii) has disciplinary powers, including the power to suspend
or expel a member; and
(iv) is either:
(
A) given authority or recognition by statute in a
Canadian jurisdiction; or
(
B) accepted for this purpose by the securities
regulatory authority or the regulator;
(x) "qualified reserves auditor" means an individual who:
(
i) in respect of particular reserves data or related
information, possesses professional qualifications and experience
appropriate for the estimation, evaluation, review and audit of the
reserves data and related information; and
(ii) is a member in good standing of a professional
organization;
(y) "qualified reserves evaluator" means an individual who:
(
i) in respect of particular reserves data or related
information, possesses professional qualifications and experience
appropriate for the estimation, evaluation and review of the reserves data
and related information; and
(ii) is a member in good standing of a professional
organization;
(z) "qualified reserves evaluator or auditor" means a qualified
reserves auditor or a qualified reserves evaluator;
(aa) "reserves data" means the following estimates, as at the last
day of the reporting issuer's most recent financial year:
(
i) proved reserves and related future net revenue estimated:
(
A) using constant prices and costs as at the last day
of that financial year; and
(
B) using forecast prices and costs; and
(ii) probable reserves and related future net revenue
estimated using forecast prices and costs; and
(bb) "supporting filing" means a document filed by a reporting
issuer with a securities regulatory authority.
1.2 COGE Handbook
Definitions
(1) Terms used in this Instrument but not defined in this
Instrument, NI 14-101 or the securities statute in the jurisdiction, and
defined or interpreted in the COGE Handbook, have the meaning or
interpretation ascribed to those terms in the COGE Handbook.
(2) In the event of a conflict or inconsistency between the
definition of a term in this Instrument, NI 14-101 or the securities
statute in the jurisdiction and the meaning ascribed to the term in the
COGE Handbook, the definition in this Instrument, NI 14-101 or the
securities statute in the jurisdiction, as the case may be, shall apply.
1.3 Applies to Reporting Issuers Only - This Instrument applies only to
reporting issuers engaged, directly or indirectly, in oil and gas
activities.
1.4 Materiality Standard
(1) This Instrument applies only in respect of information that is
material in respect of a reporting issuer.
(2) For the purpose of subsection (1), information is
material in respect of a reporting issuer if it would be likely to
influence a decision by a reasonable investor to buy, hold or sell a
security of the reporting issuer.
PART 2 ANNUAL FILING REQUIREMENTS
2.1 Reserves Data and Other Oil and Gas Information - A reporting issuer
shall, not later than the date on which it is required by securities
legislation to file audited financial statements for its most recent
financial year, file with the securities regulatory authority the
following:
1. Statement of Reserves Data and Other Information - a statement
of the reserves data and other information specified in Form 51-101F1, as
at the last day of the reporting issuer's most recent financial year and
for the financial year then ended;
2. Report of Independent Qualified Reserves Evaluator or
Auditor - a report in accordance with Form 51-101F2 that is:
(
a) included in, or filed concurrently with, the document
filed under item 1; and
(
b) executed by one or more qualified reserves evaluators or
auditors each of whom is independent of the reporting issuer, who shall in
the aggregate have:
(
i) 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
(ii) reviewed the balance of such future net revenue;
and
3. Report of Management and Directors except in British
Columbia, a report in accordance with Form 51-101F3 that
(
a) refers to the information filed or to be filed under
items 1 and 2;
(
b) confirms the responsibility of management of the
reporting issuer for the content and filing of the statement referred to in
item 1 and for the filing of the report referred to in item 2;
(
c) confirms the role of the board of directors in connection
with the information referred to in paragraph (b);
(
d) is contained in, or filed concurrently with, the
statement filed under item 1; and
(
e) is executed by two senior officers and two directors of
the reporting issuer.
2.2 News Release to Announce Filing - A reporting issuer shall,
concurrently with filing a statement and reports under
section 2.1,
disseminate a news release announcing that filing and indicating where a
copy of the filed information can be found for viewing by electronic means.
2.3 Inclusion in Annual Information Form - The requirements of
section
2.1 may be satisfied by including the information specified in
section 2.1
in an annual information form filed within the time specified in
section
2.1.
2.4 Reservation in Report of Qualified Reserves Evaluator or Auditor
(1) If a qualified reserves evaluator or auditor cannot report on
reserves data without reservation, the reporting issuer shall ensure that
the report of the qualified reserves evaluator or auditor prepared for the
purpose of item 2 of
section 2.1 sets out the cause of the reservation and
the effect, if known to the qualified reserves evaluator or auditor, on the
reserves data.
(2) A report containing a reservation, the cause of which can be
removed by the reporting issuer, does not satisfy the requirements of item
2 of
section 2.1.
PART 3 RESPONSIBILITIES OF REPORTING ISSUERS AND DIRECTORS
3.1
Interpretation - A reference to a board of directors in this Part
means, for a reporting issuer that does not have a board of directors,
those individuals whose authority and duties in respect of that reporting
issuer are similar to those of a board of directors.
3.2 Reporting Issuer to Appoint Independent Qualified Reserves Evaluator
or Auditor - A reporting issuer shall appoint one or more qualified
reserves evaluators or auditors, each of whom is independent of the
reporting issuer, to report to the board of directors of the reporting
issuer on its reserves data.
3.3 Reporting Issuer to Make Information Available to Qualified Reserves
Evaluator or Auditor - A reporting issuer shall make available to the
qualified reserves evaluators or auditors that it appoints under
section
3.2 all information reasonably necessary to enable the qualified reserves
evaluators or auditors to provide a report that will satisfy the applicable
requirements of this Instrument.
3.4 Certain Responsibilities of Board of Directors - The board of
directors of a reporting issuer shall
(
a) review, with reasonable frequency, the reporting issuer's
procedures relating to the disclosure of information with respect to oil
and gas activities, including its procedures for complying with the
disclosure requirements and restrictions of this Instrument;
(
b) review each appointment under
section 3.2 and, in the case of
any proposed change in such appointment, determine the reasons for the
proposal and whether there have been disputes between the appointed
qualified reserves evaluator or auditor and management of the reporting
issuer;
(
c) review, with reasonable frequency, the reporting issuer's
procedures for providing information to the qualified reserves evaluators
or auditors who report on reserves data for the purposes of this
Instrument;
(
d) before approving the filing of reserves data and the report of
the qualified reserves evaluators or auditors thereon referred to in
section 2.1, meet with management and each qualified reserves evaluator or
auditor appointed under
section 3.2, to
(
i) determine whether any restrictions affect the ability of
the qualified reserves evaluator or auditor to report on reserves data
without reservation; and
(ii) review the reserves data and the report of the qualified
reserves evaluator or auditor thereon; and
(
e) review and approve
(
i) the content and filing, under
section 2.1, of the
statement referred to in item 1 of
section 2.1;
(ii) the filing, under
section 2.1, of the report referred to
in item 2 of
section 2.1; and
(iii) the content and filing, under
section 2.1, of the report
referred to in item 3 of
section 2.1.
3.5 Reserves Committee
(1) The board of directors of a reporting issuer may, subject to
subsection (2), delegate the responsibilities set out in
section 3.4 to a
committee of the board of directors, provided that a majority of the
members of the committee
(
a) are individuals who are not and have not been, during the
preceding 12 months:
(
i) an officer or employee of the reporting issuer or
of an affiliate of the reporting issuer;
(ii) a person who beneficially owns 10 percent or more
of the outstanding voting securities of the reporting issuer; or
(iii) a relative of a person referred to in subparagraph
(a)(
i) or (ii), residing in the same home as that person; and
(
b) are free from any business or other relationship which
could reasonably be seen to interfere with the exercise of their
independent judgement.
(2) Despite subsection (1), a board of directors of a reporting
issuer shall not delegate its responsibility under paragraph 3.4(
e) to
approve the content or the filing of information.
(3) A board of directors that has delegated responsibility to a
committee pursuant to subsection (1) shall solicit the recommendation of
that committee as to whether to approve the content and filing of
information for the purpose of paragraph 3.4(e).
3.6 British Columbia -
Section 3.4 and
section 3.5 do not apply in
British Columbia.
PART 4 MEASUREMENT
4.1 Accounting Methods - A reporting issuer engaged in oil and gas
activities that discloses financial statements prepared in accordance with
Canadian GAAP shall use
(
a) the full cost method of accounting, applying CICA
Accounting Guideline 5; or
(
b) the successful efforts method of accounting, applying FAS
4.2 Requirements for Disclosed Reserves Data
(1) A reporting issuer shall ensure that estimates of reserves or
future net revenue contained in a document filed with the securities
regulatory authority under this Instrument satisfy the following
requirements:
(
a) the estimates shall be
(
i) prepared or audited by a qualified reserves
evaluator or auditor;
(ii) prepared or audited in accordance with the COGE
Handbook; and
(iii) estimated assuming that development of each
property in respect of which the estimate is made will occur, without
regard to the likely availability to the reporting issuer of funding
required for that development;
(
b) for the purpose of determining whether reserves should be
attributed to a particular undrilled property, reasonably estimated future
abandonment and reclamation costs related to the property shall be taken
into account; and
(
c) aggregate future net revenue shall be estimated deducting
(
i) reasonably estimated future well abandonment costs;
and
(ii) future income tax expenses (unless otherwise
specified in this Instrument, Form 51-101F1 or Form 51-101F2).
(2) The date or period with respect to which the effects of an
event or transaction are recorded in a reporting issuer's annual financial
statements shall be the same as the date or period with respect to which
they are first reflected in the reporting issuer's annual reserves data
disclosure under
Part 2.
PART 5 REQUIREMENTS APPLICABLE TO ALL DISCLOSURE
5.1 Application of
Part 5 - This Part applies to disclosure made by or
on behalf of a reporting issuer
(
a) to the public;
(
b) in any document filed with a securities regulatory authority;
(
c) in other circumstances in which, at the time of making the
disclosure, the reporting issuer knows, or ought reasonably to know, that
the disclosure is or will become available to the public.
5.2 Consistency with Reserves Data and Other Information - If a
reporting issuer makes disclosure of information of a type that is required
to be included in a statement filed with a securities regulatory authority
under item 1 of
section 2.1, the information shall be
(
a) prepared in accordance with
Part 4; and
(
b) consistent with the corresponding information, if any,
contained in the statement most recently filed by the reporting issuer with
the securities regulatory authority under item 1 of
section 2.1, except to
the extent that such statement has been supplemented or superseded by a
report of a material change filed by the reporting issuer with the
securities regulatory authority.
5.3 Reserves and Resources Classification - Disclosure of reserves or
resources shall be consistent with the reserves and resources terminology
and categories set out in the COGE Handbook.
5.4 Oil and Gas Reserves and Sales - Disclosure of reserves or of sales
of oil, gas or associated by-products shall be made only in respect of
marketable quantities, reflecting prices for the product in the condition
(upgraded or not upgraded, processed or unprocessed) in which it is to be,
or was, sold.
5.5 Natural Gas By-Products - Disclosure concerning natural gas
by-products (including natural gas liquids and sulphur) shall be made in
respect only of volumes that have been or are to be recovered prior to the
point at which marketable gas is measured.
5.6 Future Net Revenue Not Fair Value - Disclosure of an estimate of
future net revenue, whether calculated without discount or using a discount
rate, shall include a statement to the effect that the estimated values
disclosed do not represent fair market value.
5.7 Consent of Qualified Reserves Evaluator or Auditor
(1) A reporting issuer shall not disclose a report referred to in
item 2 of
section 2.1 that has been delivered to the board of directors of
the reporting issuer by a qualified reserves evaluator or auditor pursuant
to an appointment under
section 3.2, or disclose information derived from
the report or the identity of the qualified reserves evaluator or auditor,
without the written consent of that qualified reserves evaluator or
auditor.
(2) Subsection (1) does not apply to
(
a) the filing of that report by a reporting issuer under
section 2.1;
(
b) the use of or reference to that report in another
document filed by the reporting issuer under
section 2.1; or
(
c) the identification of the report or of the qualified
reserves evaluator or auditor in a news release referred to in
section 2.2.
5.8 Disclosure of Less Than All Reserves - If a reporting issuer that
has more than one property makes written disclosure of any reserves
attributable to a particular property
(
a) the disclosure shall include a cautionary statement to the
effect that
"The estimates of reserves and future net revenue for
individual properties may not reflect the same confidence level as
estimates of reserves and future net revenue for all properties, due to the
effects of aggregation"; and
(
b) the document containing the disclosure of any reserves
attributable to one property shall also disclose total reserves of the same
classification for all properties of the reporting issuer in the same
country (or, if appropriate and not misleading, in the same foreign
geographic area).
5.9 Disclosure Concerning Prospects - If a reporting issuer discloses
anticipated results from a prospect, the reporting issuer shall also
disclose in writing, in the same document or in a supporting filing, in
respect of the prospect
(
a) the location and basin name;
(
b) the reporting issuer's gross and net interest in the property,
expressed in units of area (acres or hectares);
(
c) in the case of undeveloped property in which the reporting
issuer holds a leasehold interest, the expiry date of that interest;
(
d) the name, geologic age and lithology of the target zone;
(
e) the distance to the nearest analogous commercial production;
(
f) the product types reasonably expected;
(
g) the range of pool or field sizes;
(
h) the depth of the target zone;
(
i) the estimated cost to drill and test a well to the target
depth;
(
j) reasonably expected drilling commencement and completion dates;
(
k) the anticipated prices to be received for each product type
reasonably expected;
(
l) reasonably expected marketing and transportation arrangements;
(
m) the identity and relevant experience of the operator;
(
n) risks and the probability of success; and
(
o) the applicable information specified in
section 5.10.
5.10 Estimates of Fair Value of an Unproved Property, Prospect or Resource
(1) If a reporting issuer discloses in writing an estimate of the
fair value of an unproved property, prospect or resource, or discloses
expected results from a prospect, the disclosure shall include all positive
and negative factors relevant to the estimate or expectation.
(2) If a reporting issuer discloses in writing an estimate of the
fair value of an unproved property, prospect or resource
(
a) in the case of an estimate of the fair value of an
unproved property, except as provided in paragraph (b), the estimate shall
be based on the first applicable item listed below, and that item shall be
described as the basis of the estimate in the document containing the
disclosure or in a supporting filing:
1. the acquisition cost to the reporting issuer,
provided that there have been no material changes in the unproved property,
the surrounding properties, or the general oil and gas economic climate
since acquisition;
2. recent sales by others of interests in the same
unproved property;
of recent farm-in agreements related to the unproved property;
of recent work commitments related to the unproved property;
5. recent sales of similar properties in the same
general area;
(
b) in the case of an estimate of fair value to which none of
the items listed in paragraph (
a) applies
(
i) the estimate shall be prepared or accepted by a
professional valuator (who is not a "related party" of the reporting issuer
within the meaning of the term as used in the CICA Handbook) applying
valuation standards established by the professional body of which the
valuator is a member and from which the valuator derives professional
standing;
(ii) the estimate shall consist of at least three values
that reflect a range of reasonable likelihoods (the low value being
conservative, the middle value being the median and the high value being
optimistic) reflecting courses of action expected to be followed by the
reporting issuer;
(iii) the estimate, and the identities of the
professional valuator and of the professional body referred to in
subparagraph (i), shall be set out in the document containing the
disclosure or in a supporting filing; and
(iv) the reporting issuer shall obtain from the
professional valuator referred to in subparagraph (i)
(
A) a report on the estimate that does not
contain
(
I) a disclaimer that materially detracts
from the usefulness of the estimate; or
(II) a statement that the report may not be
relied on; and
(
B) the professional valuator's written consent
to the disclosure of the report by the reporting issuer to the public.
5.11 Net Asset Value and Net Asset Value per Share - Written disclosure
of net asset value or net asset value per share shall include a description
of the methods used to value assets and liabilities and the number of
shares used in the calculation.
5.12 Reserve Replacement - Written disclosure concerning reserve
replacement shall include an explanation of the method of calculation
applied.
5.13 Netbacks - Written disclosure of a netback
(
a) shall include separate netbacks for each product type by
country (or, if appropriate and not misleading, by foreign geographic
area);
(
b) shall reflect netbacks calculated by subtracting royalties and
operating costs from revenues; and
(
c) shall state the method of calculation.
5.14 BOEs and McfGEs - If written disclosure includes information
expressed in BOEs, McfGEs or other units of equivalency between oil and gas
(
a) the information shall be presented
(
i) in the case of BOEs, using BOEs derived by
converting gas to oil in the ratio of six thousand cubic feet of gas to one
barrel of oil (6 Mcf:1 bbl);
(ii) in the case of McfGEs, using McfGEs derived by
converting oil to gas in the ratio of one barrel of oil to six thousand
cubic feet of gas (1 bbl:6 Mcf); and
(iii) with the conversion ratio stated;
(
b) if the information is also presented using BOEs or McfGEs
derived using a conversion ratio other than a ratio specified in paragraph
(a), the disclosure shall state that other conversion ratio and explain why
it has been chosen;
(
c) if the information is presented using a unit of
equivalency other than BOEs or McfGEs, the disclosure shall identify the
unit, state the conversion ratio used and explain why it has been chosen;
and
(
d) the disclosure shall include a cautionary statement to
the effect that:
"BOEs [or 'McfGEs' or other applicable units of
equivalency] may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 Mcf: 1 bbl [or 'An McfGE conversion ratio of 1 bbl: 6
Mcf'] is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not represent a value equivalency at
the wellhead".
5.15 Finding and Development Costs - If written disclosure is made of
finding and development costs
(
a) those costs shall be calculated using the following two
methods, in each case after eliminating the effects of acquisitions and
dispositions:
Method 1:
a+b+c
Method 2:
a+b+d
where a = exploration costs incurred in the most recent
financial year
b = development costs incurred in the most
recent financial year
c = the change during the most recent
financial year in estimated future development costs relating to proved
reserves
d = the change during the most recent
financial year in estimated future development costs relating to proved
reserves and probable reserves
x = additions to proved reserves during the
most recent financial year, expressed in BOEs or other unit of equivalency
y = additions to proved reserves and
probable reserves during the most recent financial year, expressed in BOEs
or other unit of equivalency
(
b) the disclosure shall include
(
i) the results of both methods of calculation under
paragraph (
a) and a description of those methods;
(ii) if the disclosure also includes a result derived
using any other method of calculation, a description of that method and the
reason for its use;
(iii) for each result, comparative information for the
most recent financial year, the second most recent financial year and the
averages for the three most recent financial years;
(iv) a cautionary statement to the effect that:
"The aggregate of the exploration and development
costs incurred in the most recent financial year and the change during that
year in estimated future development costs generally will not reflect total
finding and development costs related to reserves additions for that year";
and
(
v) the cautionary statement required under paragraph
5.14(d).
PART 6 MATERIAL CHANGE DISCLOSURE
6.1 Material Change from Information Filed under
Part 2
(1) This Part applies in respect of a material change that, had it
occurred on or before the effective date of information included in the
statement most recently filed by a reporting issuer under item 1 of
section
2.1, would have resulted in a significant change in the information
contained in the statement.
(2) In addition to any other requirement of securities legislation
governing disclosure of a material change, disclosure of a material change
referred to in subsection (1) shall
(
a) identify the statement filed under
Part 2 that contains
the original information referred to in subsection (1); and
(
b) discuss the reporting issuer's reasonable expectation of
how the material change, had it occurred on or before the effective date
referred to in subsection (1), would have affected the reserves data or
other information contained in the document identified under paragraph (a).
PART 7 OTHER INFORMATION
7.1 Information to be Furnished on Request - A reporting issuer shall,
on the request of the regulator, deliver additional information with
respect to the content of a document filed under this Instrument.
PART 8 EXEMPTIONS
8.1 Authority to Grant Exemption
(1) The regulator or the securities regulatory authority may grant
an exemption from this Instrument, in whole or in part, subject to such
conditions or restrictions as may be imposed in the exemption.
(2) Despite subsection (1), in Ontario only the regulator may grant
an exemption.
PART 9 INSTRUMENT IN FORCE
9.1 Coming Into Force - This Instrument comes into force on September 30,
9.2 Transition - Despite
section 9.1, this Instrument does not apply to a
reporting issuer until the earlier of:
(
a) the date by which the reporting issuer is required under
securities legislation to file audited annual financial statements for its
financial year that includes or ends on December 31, 2003; and
(
b) the first date on which the reporting issuer files with the
securities regulatory authority the statement referred to in item 1 of
section 2.1.
____________________
FORM 51-101F1
STATEMENT OF RESERVES DATA
AND OTHER OIL AND GAS INFORMATION
TABLE OF CONTENTS
GENERAL INSTRUCTIONS
PART 1 DATE OF STATEMENT
Item 1.1 Relevant Dates
PART 2 DISCLOSURE OF RESERVES DATA
Item 2.1 Reserves Data (Constant Prices and Costs)
Item 2.2 Reserves Data (Forecast Prices and Costs)
Item 2.3 Reserves Disclosure Varies with Accounting
Item 2.4 Future Net Revenue Disclosure Varies with Accounting
PART 3 PRICING ASSUMPTIONS
Item 3.1 Constant Prices Used in Estimates
Item 3.2 Forecast Prices Used in Estimates
PART 4 RECONCILIATIONS OF CHANGES IN RESERVES AND FUTURE NET REVENUE
Item 4.1 Reserves Reconciliation
Item 4.2 Future Net Revenue Reconciliation
PART 5 ADDITIONAL INFORMATION RELATING TO RESERVES DATA
Item 5.1 Undeveloped Reserves
Item 5.2 Significant Factors or Uncertainties
Item 5.3 Future Development Costs
PART 6 OTHER OIL AND GAS INFORMATION
Item 6.1 Oil and Gas Properties and Wells
Item 6.2 Properties With No Attributed Reserves
Item 6.3 Forward Contracts
Item 6.4 Additional Information Concerning Abandonment and Reclamation Costs
Item 6.5 Tax Horizon
Item 6.6 Costs Incurred
Item 6.7 Exploration and Development Activities
Item 6.8 Production Estimates
Item 6.9 Production History
FORM 51-101F1
STATEMENT OF RESERVES DATA
AND OTHER OIL AND GAS INFORMATION
This is the form referred to in item 1 of
section 2.1 of National
Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI
51-101").
GENERAL INSTRUCTIONS
(1) Terms for which a meaning is given in NI 51-101 have the same meaning
in this Form 51-101F1.
(2) Unless otherwise specified in this Form 51-101F1, information under
item 1 of
section 2.1 of NI 51-101 shall be provided as at the last day of
the reporting issuer's most recent financial year or for its financial year
then ended.
(3) It is not necessary to include the headings or numbering, or to
follow the ordering of Items, in this Form 51-101F1. Information may be
provided in tables.
(4) To the extent that any Item or any component of an Item specified in
this Form 51-101F1 does not apply to a reporting issuer and its activities
and operations, or is not material, no reference need be made to that Item
or component. It is not necessary to state that such an Item or component
is "not applicable" or "not material". Materiality is discussed in NI
51-101 and Companion Policy 51-101CP.
(5) This Form 51-101F1 sets out minimum requirements. A reporting issuer
may provide additional information not required in this Form 51-101F1
provided that it is not misleading and not inconsistent with the
requirements of NI 51-101, and provided that material information required
to be disclosed is not omitted.
(6) A reporting issuer may satisfy the requirement of this Form 51-101F1
for disclosure of information "by country" by instead providing information
by foreign geographic area in respect of countries outside North America as
may be appropriate for meaningful disclosure in the circumstances.
PART 1 DATE OF STATEMENT
Item 1.1 Relevant Dates
1. Date the statement.
2. Disclose the effective date of the information being provided.
3. Disclose the preparation date of the information being provided.
INSTRUCTIONS
(1) For the purpose of
Part 2 of NI 51-101, and consistent with the
definition of reserves data and General Instruction (2) of this Form
51-101F1, the effective date to be disclosed under
section 2 of Item 1.1 is
the last day of the reporting issuer's most recent financial year. It is
the date of the balance sheet for the reporting issuer's most recent
financial year (for example, "as at December 31, 20xx") and the ending date
of the reporting issuer's most recent annual statement of income (for
example, "for the year ended December 31, 20xx").
(2) The same effective date applies to reserves of each category reported
and to related future net revenue. References to a change in an item of
information, such as changes in production or a change in reserves, mean
changes in respect of that item during the year ended on the effective
date.
(3) The preparation date, in respect of written disclosure, means the
most recent date to which information relating to the period ending on the
effective date was considered in the preparation of the disclosure. The
preparation date is a date subsequent to the effective date because it
takes time after the end of the financial year to assemble the information
for that completed year that is needed to prepare the required disclosure
as at the end of the financial year.
(4) Because of the interrelationship between certain of the reporting
issuer's reserves data and other information referred to in this Form
51-101F1 and certain of the information included in its financial
statements, the reporting issuer should ensure that its financial auditor
and its qualified reserves evaluators or auditors are kept apprised of
relevant events and transactions, and should facilitate communication
between them.
(5) If the reporting issuer provides information as at a date more recent
than the effective date, in addition to the information required as at the
effective date, also disclose the date as at which that additional
information is provided. The provision of such additional information does
not relieve the reporting issuer of the obligation to provide information
as at the effective date.
PART 2 DISCLOSURE OF RESERVES DATA
Item 2.1 Reserves Data (Constant Prices and Costs)
1. Breakdown of Proved Reserves (Constant Case) Disclose, by country
and in the aggregate, reserves, gross and net, estimated using constant
prices and costs, for each product type, in the following categories:
(
a) proved developed producing reserves;
(
b) proved developed non-producing reserves;
(
c) proved undeveloped reserves; and
(
d) proved reserves (in total).
2. Net Present Value of Future Net Revenue (Constant Case) Disclose,
by country and in the aggregate, the net present value of future net
revenue attributable to the reserves categories referred to in
section 1 of
this Item, estimated using constant prices and costs, before and after
deducting future income tax expenses, calculated without discount and using
a discount rate of 10 percent.
3. Additional Information Concerning Future Net Revenue (Constant Case)
(
a) This
section 3 applies to future net revenue attributable to
proved reserves (in total) estimated using constant prices and costs.
(
b) Disclose, by country and in the aggregate, the following
elements of future net revenue estimated using constant prices and costs
and calculated without discount:
(
i) revenue;
(ii) royalties;
(iii) operating costs;
(iv) development costs;
(
v) abandonment and reclamation costs;
(vi) future net revenue before deducting future income tax
expenses;
(vii) future income tax expenses; and
(viii) future net revenue after deducting future income
tax expenses.
(
c) Disclose, by production group, the net present value of future
net revenue (before deducting future income tax expenses) estimated using
constant prices and costs and calculated using a discount rate of 10
percent.
Item 2.2 Reserves Data (Forecast Prices and Costs)
1. Breakdown of Reserves (Forecast Case) Disclose, by country and in
the aggregate, reserves, gross and net, estimated using forecast prices and
costs, for each product type, in the following categories:
(
a) proved developed producing reserves;
(
b) proved developed non-producing reserves;
(
c) proved undeveloped reserves;
(
d) proved reserves (in total);
(
e) probable reserves (in total);
(
f) proved plus probable reserves (in total); and
(
g) if the reporting issuer discloses an estimate of possible
reserves in the statement:
(
i) possible reserves (in total); and
(ii) proved plus probable plus possible reserves (in total).
2. Net Present Value of Future Net Revenue (Forecast Case) Disclose,
by country and in the aggregate, the net present value of future net
revenue attributable to the reserves categories referred to in
section 1 of
this Item, estimated using forecast prices and costs, before and after
deducting future income tax expenses, calculated without discount and using
discount rates of 5 percent, 10 percent, 15 percent and 20 percent.
3. Additional Information Concerning Future Net Revenue (Forecast Case)
(
a) This
section 3 applies to future net revenue attributable to
each of the following reserves categories estimated using forecast prices
and costs:
(
i) proved reserves (in total);
(ii) proved plus probable reserves (in total); and
(iii) if paragraph 1(
g) of this Item applies, proved plus
probable plus possible reserves (in total).
(
b) Disclose, by country and in the aggregate, the following
elements of future net revenue estimated using forecast prices and costs
and calculated without discount:
(
i) revenue;
(ii) royalties;
(iii) operating costs;
(iv) development costs;
(
v) abandonment and reclamation costs;
(vi) future net revenue before deducting future income tax
expenses;
(vii) future income tax expenses; and
(viii) future net revenue after deducting future income
tax expenses.
(
c) Disclose, by production group, 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.
Item 2.3 Reserves Disclosure Varies with Accounting
In determining reserves to be disclosed:
(
a) Consolidated Financial Disclosure if the reporting issuer
files consolidated financial statements:
(
i) include 100 percent of reserves attributable to the
parent company and 100 percent of the reserves attributable to its
consolidated subsidiaries (whether or not wholly-owned); and
(ii) if a significant portion of reserves referred to in
clause (
i) is attributable to a consolidated subsidiary in which there is a
significant minority interest, disclose that fact and the approximate
portion of such reserves attributable to the minority interest;
(
b) Proportionate Consolidation if the reporting issuer files
financial statements in which investments are proportionately consolidated,
the reporting issuer's disclosed reserves must include the reporting
issuer's proportionate share of investees' oil and gas reserves; and
(
c) Equity Accounting if the reporting issuer files financial
statements in which investments are accounted for by the equity method, do
not include investees' oil and gas reserves in disclosed reserves of the
reporting issuer, but disclose the reporting issuer's share of investees'
oil and gas reserves separately.
Item 2.4 Future Net Revenue Disclosure Varies with Accounting
1. Consolidated Financial Disclosure If the reporting issuer files
consolidated financial statements, and if a significant portion of the
reporting issuer's economic interest in future net revenue is attributable
to a consolidated subsidiary in which there is a significant minority
interest, disclose that fact and the approximate portion of the economic
interest in future net revenue attributable to the minority interest.
2. Equity Accounting If the reporting issuer files financial
statements in which investments are accounted for by the equity method, do
not include investees' future net revenue in disclosed future net revenue
of the reporting issuer, but disclose the reporting issuer's share of
investees' future net revenue separately, by country and in the aggregate.
INSTRUCTIONS
(1) Do not include, in reserves, oil or gas 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 oil or gas 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 oil or gas received by the reporting
issuer under the agreement during the year ended on the effective date.
(2) Future net revenue includes the portion attributable to the
reporting issuer's interest under an agreement referred to in Instruction
(1).
(3) In the disclosure of "abandonment and reclamation costs"
referred to in clause 3(b)(
v) of Item 2.1 and in clause 3(b)(
v) of Item 2.2
include, at minimum, well abandonment costs. The response to Item 6.4 will
disclose total abandonment and reclamation costs and (in response to
paragraph (
d) of Item 6.4) the portion of total abandonment and reclamation
costs, if any, not disclosed under clause 3(b)(
v) of Item 2.1 and clause
3(b)(
v) of Item 2.2.
PART 3 PRICING ASSUMPTIONS
Item 3.1 Constant Prices Used in Estimates
For each product type, disclose the benchmark reference prices for the
countries or regions in which the reporting issuer operates, as at the last
day of the reporting issuer's most recent financial year, reflected in the
reserves data disclosed in response to Item 2.1.
Item 3.2 Forecast Prices Used in Estimates
1. For each product type, disclose:
(
a) the pricing assumptions used in estimating reserves data
disclosed in response to Item 2.2:
(
i) for each of at least the following five financial years;
and
(ii) generally, for subsequent periods; and
(
b) the reporting issuer's weighted average historical prices for
the most recent financial year.
2. The disclosure in response to
section 1 shall 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. If the pricing assumptions specified in response to
section 1 were
provided by a qualified reserves evaluator or auditor who is independent of
the reporting issuer, disclose that fact and identify the qualified
reserves evaluator or auditor.
INSTRUCTIONS
(1) Benchmark reference prices may be obtained from sources such as
public product trading exchanges or prices posted by purchasers.
(2) The defined terms "constant prices and costs" and "forecast
prices and costs" include 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. In effect,
such contractually committed prices override benchmark reference prices for
the purpose of estimating reserves data. To ensure that disclosure under
this
Part is not misleading, the disclosure should reflect such
contractually committed prices.
(3) Under subsection 5.7(1) of NI 51-101, the reporting issuer must
obtain the written consent of the qualified reserves evaluator or auditor
to disclose his or her identity in response to
section 3 of this Item.
PART 4 RECONCILIATIONS OF CHANGES IN RESERVES AND FUTURE NET REVENUE
Item 4.1 Reserves Reconciliation
1. Provide the information specified in
section 2 of this Item in
respect of the following reserves categories:
(
a) net proved reserves (in total);
(
b) net probable reserves (in total); and
(
c) net proved plus probable reserves (in total).
2. Disclose changes between the reserves estimates made as at the
effective date and the corresponding estimates ("prior-year estimates")
made as at the last day of the preceding financial year of the reporting
issuer:
(
a) by country;
(
b) for each of the following:
(
i) light and medium crude oil (combined);
(ii) heavy oil;
(iii) associated gas and non-associated gas (combined); and
(iv) synthetic oil and other products from non-conventional
oil and gas activities;
(
c) separately identifying and explaining:
(
i) extensions;
(ii) improved recovery;
(iii) technical revisions;
(iv) discoveries;
(
v) acquisitions;
(vi) dispositions;
(vii) economic factors; and
(viii) production.
INSTRUCTIONS
(1) The reconciliation required under this Item 4.1 may be provided
in respect of reserves estimated using either constant prices and costs or
forecast prices and costs, with the price and cost case indicated in the
disclosure.
(2) For the purpose of this Item 4.1, it is sufficient to provide
the information in respect of the products specified in paragraph 2(b),
excluding solution gas, natural gas liquids and other associated
by-products.
(3) The COGE Handbook provides guidance on the preparation of the
reconciliation required under this Item 4.1.
Item 4.2 Future Net Revenue Reconciliation
1. Provide the information specified in
section 2 of this Item in
respect of estimates of future net revenue (estimated using constant prices
and costs and calculated using a discount rate of 10 percent) attributable
to net proved reserves (in total).
2. Disclose changes between the future net revenue estimates referred to
section 1 made as at the effective date and the corresponding estimates
("prior-year estimates") made as at the last day of the preceding financial
year of the reporting issuer:
(
a) by country;
(
b) separately identifying and explaining:
(
i) sales and transfers of oil, gas or other product types
produced during the period net of production costs and royalties;
(ii) net change in sales and transfer prices and in production
costs and royalties related to future production;
(iii) changes in previously estimated development costs
incurred during the period;
(iv) changes in estimated future development costs;
(
v) net change resulting from extensions and improved
recovery;
(vi) net change resulting from discoveries;
(vii) changes resulting from acquisitions of reserves;
(viii) changes resulting from dispositions of reserves;
(ix) net change resulting from revisions in quantity
estimates;
(
x) accretion of discount (10 percent of discounted future
net revenue at the beginning of the financial year);
(xi) net change in income taxes; and
(xii) any other significant factors.
INSTRUCTIONS
(1) For the purpose of this
Part 4, compute the effects of changes
in prices and costs before the effects of changes in volumes, so that, in
respect of constant prices and costs, volumes are reflected at prices as at
the effective date.
(2) Except in respect of clause 2(b)(xi) of Item 4.2, the
information to be provided under this
Part is pre-tax information.
(3) For the purpose of clause 2(b)(xi) of Item 4.2, a "net change
in income taxes" includes both income taxes incurred during the period and
changes in estimated future income tax expenses.
PART 5 ADDITIONAL INFORMATION RELATING TO RESERVES DATA
Item 5.1 Undeveloped Reserves
1. For proved undeveloped reserves:
(
a) disclose for each product type the volumes of proved
undeveloped reserves that were first attributed in each of the most recent
five financial years and, in the aggregate, before that time; or
(
b) discuss generally the basis on which the reporting issuer
attributes proved undeveloped reserves, its plans (including timing) for
developing the proved undeveloped reserves and, if applicable, its reasons
for not planning to develop particular proved undeveloped reserves during
the following two years.
2. For probable undeveloped reserves:
(
a) disclose for each product type the volumes of probable
undeveloped reserves that were first attributed in each of the most recent
five financial years and, in the aggregate, before that time; or
(
b) discuss generally the basis on which the reporting issuer
attributes probable undeveloped reserves, its plans (including timing) for
developing the probable undeveloped reserves and, if applicable, its
reasons for not planning to develop particular probable undeveloped
reserves during the following two years.
Item 5.2 Significant Factors or Uncertainties
1. Identify and discuss important economic factors or significant
uncertainties that affect particular components of the reserves data.
Section 1 does not apply if the information is disclosed in the
reporting issuer's financial statements for the financial year ended on the
effective date.
INSTRUCTION
Examples of information that could warrant disclosure under this Item
5.2 include unusually high expected development costs or operating costs,
the need to build a major pipeline or other major facility before
production of reserves can begin, 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.
Item 5.3 Future Development Costs
1. (
a) Provide the information specified in paragraph 1(
b) in respect
of development costs deducted in the estimation of future net revenue
attributable to each of the following reserves categories:
(
i) proved reserves (in total) estimated using constant
prices and costs;
(ii) proved reserves (in total) estimated using forecast
prices and costs; and
(iii) proved plus probable reserves (in total) estimated using
forecast prices and costs.
(
b) Disclose, by country, the amount of development costs
estimated:
(
i) in total, calculated using no discount and using a
discount rate of 10 percent; and
(ii) by year for each of the first five years estimated.
2. Discuss the reporting issuer's expectations as to:
(
a) the sources (including internally-generated cash flow, debt or
equity financing, farm-outs or similar arrangements) and costs of funding
for estimated future development costs; and
(
b) the effect of those costs of funding on disclosed reserves or
future net revenue.
3. If the reporting issuer expects that the costs of funding referred to
section 2, could make development of a property uneconomic for that
reporting issuer, disclose that expectation and its plans for the property.
PART 6 OTHER OIL AND GAS INFORMATION
Item 6.1 Oil and Gas Properties and Wells
1. Identify and describe generally the reporting issuer's important
properties, plants, facilities and installations:
(
a) identifying their location (province, territory or state if in
Canada or the United States, and country otherwise);
(
b) indicating whether they are located onshore or offshore;
(
c) in respect of properties to which reserves have been attributed
and which are capable of producing but which are not producing, disclosing
how long they have been in that condition and discussing the general
proximity of pipelines or other means of transportation; and
(
d) describing any statutory or other mandatory relinquishments,
surrenders, back-ins or changes in ownership.
2. State, separately for oil wells and gas wells, the number of the
reporting issuer's producing wells and non-producing wells, expressed in
terms of both gross wells and net wells, by location (province, territory
or state if in Canada or the United States, and country otherwise).
Item 6.2 Properties With No Attributed Reserves
1. For unproved properties disclose:
(
a) the gross area (acres or hectares) in which the reporting
issuer has an interest;
(
b) the interest of the reporting issuer therein expressed in terms
of net area (acres or hectares);
(
c) the location, by country; and
(
d) the existence, nature (including any bonding requirements),
timing and cost (specified or estimated) of any work commitments.
2. Disclose, by country, the net area (acres or hectares) of unproved
property for which the reporting issuer expects its rights to explore,
develop and exploit to expire within one year.
Item 6.3 Forward Contracts
1. If the reporting issuer is bound by an agreement (including a
transportation agreement), directly or through an aggregator, under which
it may be precluded from fully realizing, or may be protected from the full
effect of, future market prices for oil or gas, describe generally the
agreement, discussing dates or time periods and summaries or ranges of
volumes and contracted or reasonably estimated values.
Section 1 does not apply to agreements disclosed by the reporting
issuer
(
a) as financial instruments, in accordance with
Section 3860 of
the CICA Handbook; or
(
b) as contractual obligations or commitments, in accordance with
Section 3280 of the CICA Handbook.
3. If the reporting issuer's transportation obligations or commitments
for future physical deliveries of oil or gas exceed the reporting issuer's
expected related future production from its proved reserves, estimated
using forecast prices and costs and disclosed under
Part 2, discuss such
excess, giving information about the amount of the excess, dates or time
periods, volumes and reasonably estimated value.
Item 6.4 Additional Information Concerning Abandonment and Reclamation
Costs
In respect of abandonment and reclamation costs for surface leases, wells,
facilities and pipelines, disclose:
(
a) how the reporting issuer estimates such costs;
(
b) the number of net wells for which the reporting issuer expects
to incur such costs;
(
c) the total amount of such costs, net of estimated salvage value,
expected to be incurred, calculated without discount and using a discount
rate of 10 percent;
(
d) the portion, if any, of the amounts disclosed under paragraph
(
c) of this Item 6.4 that was not deducted as abandonment and reclamation
costs in estimating the future net revenue disclosed under
Part 2; and
(
e) the portion, if any, of the amounts disclosed under paragraph
(
c) of this Item 6.4 that the reporting issuer expects to pay in the next
three financial years, in total.
INSTRUCTION
Item 6.4 supplements the information disclosed in response to clause
3(b)(
v) of Item 2.1 and clause 3(b)(
v) of Item 2.2. The response to
paragraph (
d) of Item 6.4 should enable a reader of this statement and of
the reporting issuer's financial statements for the financial year ending
on the effective date to understand both the reporting issuer's estimated
total abandonment and reclamation costs, and what portions of that total
are, and are not, reflected in the disclosed reserves data.
Item 6.5 Tax Horizon
If the reporting issuer is not required to pay income taxes for its most
recently completed financial year, discuss its estimate of when income
taxes may become payable.
Item 6.6 Costs Incurred
1. Disclose each of the following, by country, for the most recent
financial year (irrespective of whether such costs were capitalized or
charged to expense when incurred):
(
a) property acquisition costs, separately for proved properties
and unproved properties;
(
b) exploration costs; and
(
c) development costs.
2. For the purpose of this Item 6.6, if the reporting issuer files
financial statements in which investments are accounted for by the equity
method, disclose by country the reporting issuer's share of investees' (
i) property acquisition costs, (ii) exploration costs and (iii) development
costs incurred in the most recent financial year.
Item 6.7 Exploration and Development Activities
1. Disclose, by country and separately for exploratory wells and
development wells:
(
a) the number of gross wells and net wells completed in the
reporting issuer's most recent financial year; and
(
b) for each category of wells for which information is disclosed
under paragraph (a), the number completed as oil wells, gas wells and
service wells and the number that were dry holes.
2. Describe generally the reporting issuer's most important current and
likely exploration and development activities, by country.
Item 6.8 Production Estimates
1. Disclose, by country, for each product type, the volume of production
estimated for the first year reflected in the estimates of future net
revenue disclosed under Items 2.1 and 2.2.
2. If one field accounts for 20 percent or more of the estimated
production disclosed under
section 1, identify that field and disclose the
volume of production estimated for the field for that year.
Item 6.9 Production History
1. To the extent not previously disclosed in financial statements filed
by the reporting issuer, disclose, for each quarter of its most recent
financial year, by country for each product type:
(
a) the reporting issuer's share of average daily production
volume, before deduction of royalties; and
(
b) as an average per unit of volume (for example, $/bbl or $/Mcf):
(
i) the prices received;
(ii) royalties paid;
(iii) production costs; and
(iv) the resulting netback.
2. For each important field, and in total, disclose the reporting
issuer's production volumes for the most recent financial year, for each
product type.
INSTRUCTION
In providing information for each product type for the purpose of
Item 6.9, it is not necessary to allocate among multiple product types
attributable to a single well, reservoir or other reserves entity. It is
sufficient to provide the information in respect of the principal product
type attributable to the well, reservoir or other reserves entity.
_______________
FORM 51-101F2
REPORT ON RESERVES DATA BY 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 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, shall in all material
respects be as follows:
Report on Reserves Data
To the board of directors of [name of reporting issuer] (the "Company"):
1. We have [audited] [evaluated] [and reviewed] the Company's reserves
data as at [last day of the reporting issuer's most recently completed
financial year]. The reserves data consist of the following:
a) (
i) proved and proved plus probable oil and gas reserves
estimated as at [last day of the reporting issuer's most recently completed
financial year] using forecast prices and costs; and
(ii) the related estimated future net revenue; and
(b) (
i) proved oil and gas reserves estimated as at [last day of
the reporting issuer's most recently completed financial year] using
constant prices and costs; and
(ii) the related estimated future net revenue.
2. The reserves data are the responsibility of the Company's management.
Our responsibility is to express an opinion on the reserves data based on
our [audit] [evaluation] [and review].
We carried out our [audit] [evaluation] [and review] in accordance
with standards set out in the Canadian Oil and Gas Evaluation Handbook (the
"COGE Handbook") prepared jointly by the Society of Petroleum Evaluation
Engineers (Calgary Chapter) and the Canadian Institute of Mining,
Metallurgy & Petroleum (Petroleum Society).
3. Those standards require that we plan and perform an [audit]
[evaluation] [and review] to obtain reasonable assurance as to whether the
reserves data are free of material misstatement. An [audit] [evaluation]
[and review] also includes assessing whether the reserves data are in
accordance with principles and
definitions presented in the COGE Handbook.
4. The following table sets forth the estimated 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] [evaluated] [and reviewed] by us for the year ended xxx xx, 20xx,
and identifies the respective portions thereof that we have [audited]
[evaluated] [and reviewed] and reported on to the Company's
[management/board of directors]:
Independent
Qualified Reserves Evaluator or Auditor
Description and Preparation 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
Evaluated
Reviewed
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
$xxx
5. In our opinion, the reserves data respectively [audited] [evaluated]
by us have, in all material respects, been determined and are in accordance
with the COGE Handbook. We express no opinion on the reserves data that we
reviewed but did not audit or evaluate.
6. We have no responsibility to update our reports referred to in
paragraph 4 for events and circumstances occurring after their respective
preparation dates.
7. Because the reserves 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]
_______________
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"). This form does not apply in British Columbia.
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 shall in
all material respects be as follows:
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, which
consist of the following:
(a) (
i) proved and proved plus probable oil and gas reserves
estimated as at [last day of the reporting issuer's most recently completed
financial year] using forecast prices and costs; and
(ii) the related estimated future net revenue; and
(b) (
i) proved oil and gas reserves estimated as at [last day of
the reporting issuer's most recently completed financial year] using
constant prices and costs; and
(ii) the related estimated future net revenue.
[An] independent [qualified reserves evaluator[s] or qualified
reserves auditor[s]] [has / have] [audited] [evaluated] [and reviewed] the
Company's reserves 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, because
of the 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 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 the reserves data and other oil and gas information;
(
b) the filing of the report of the independent [qualified reserves
evaluator[s] or qualified reserves auditor[s]] on the reserves data; and
(
c) the content and filing of this report.
Because the reserves data are based on judgements regarding future
events, actual results will vary and the variations may be material.
_______________________________________________
[signature, name and title of chief executive officer]
_______________________________________________
[signature, name and title of a senior officer other than the chief
executive officer]
_______________________________________________
[signature, name of a director]
_______________________________________________
[signature, name of a director]
[Date]
_______________
AMENDMENT TO NATIONAL INSTRUMENT 13-101
SYSTEM FOR ELECTRONIC DOCUMENT ANALYSIS AND RETRIEVAL (SEDAR)
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment National Instrument 13-101 System for Electronic Document
Analysis and Retrieval (SEDAR) is amended by:
(
a) adding to Item 2.3(1)3 the words ", provided that this
paragraph 3 does not apply to a statement or report referred to in
section
2.1 of National Instrument 51-101 Standards of Disclosure for Oil and Gas
Activities"
(
b) adding the following to Appendix A, under the heading "II.
Other Issuers (Reporting/Non-Reporting)" "B. Continuous Disclosure" "(
a) General Filings":
Oil and Gas Annual Disclosure (NI 51-101)
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________
AMENDMENT TO NATIONAL INSTRUMENT 44-101
SHORT FORM PROSPECTUS DISTRIBUTIONS
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment National Instrument 44-101 Short Form Prospectus
Distributions is amended by:
(
a) deleting Item 5 of paragraph 10.2(
a) and substituting the
following:
5. Oil and Gas Reports Any technical report or certificate
relating to oil and gas properties prepared in accordance with National
Policy Statement No. 2-B Guide for Engineers and Geologists Submitting Oil
and Gas Reports to Canadian Provincial Securities Administrators that the
regulator requests be filed and that was not previously filed, if the
preliminary short form prospectus is filed on or before June 30, 2005, the
issuer is engaged in oil and gas activities (as defined in National
Instrument 51-101 Standards of Disclosure for Oil and Gas Activities) and:
(
i) the issuer has not filed and is not required to
have filed (alone or in the preliminary short form prospectus or as part of
another filed document) the statement referred to in Item 1 of
section 2.1
of National Instrument 51-101;
(ii) the preliminary short form prospectus does not
include and is not required to include audited financial statements for a
financial year ended on or after December 31, 2003;
(iii) if the preliminary short form prospectus is filed
on or before March 30, 2004 for an initial public offering of securities,
it does not include financial statements for a financial year or interim
period that ends on or after December 31, 2003; and
(iv) if the preliminary short form prospectus is filed
after December 31, 2003 and during the issuer's first financial year, it
does not include financial statements for an interim period that ends on or
after December 31, 2003.
(
b) deleting Item 9 of paragraph 10.3(
a) and substituting the
following:
9. Other Oil and Gas Reports Any technical report or
certificate relating to oil and gas properties prepared in accordance with
National Policy Statement No. 2-B that the regulator requests be filed and
that was not previously filed, if the short form prospectus is filed on or
before June 30, 2005, the issuer is engaged in oil and gas activities (as
defined in National Instrument 51-101 Standards of Disclosure for Oil and
Gas Activities) and:
(
i) the issuer has not filed and is not required to
have filed (alone or in the short form prospectus or as part of another
filed document) the statement referred to in Item 1 of
section 2.1 of
National Instrument 51-101;
(ii) the short form prospectus does not include and is
not required to include audited financial statements for a financial year
ended on or after December 31, 2003;
(iii) if the short form prospectus is filed on or before
March 30, 2004 for an initial public offering of securities, it does not
include financial statements for a financial year or interim period that
ends on or after December 31, 2003; and
(iv) if the short form prospectus is filed after
December 31, 2003 and during the issuer's first financial year, it does not
include financial statements for an interim period that ends on or after
December 31, 2003.
(
c) deleting Item 10(
i) of paragraph 10.3(
a) and substituting the
following:
(
i) deals with a mineral project or oil and gas activities of
the issuer; and
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________
AMENDMENT TO
FORM 44-101F1 AIF
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment Item 4 of Form 44-101F1 is amended by:
(
a) adding the following after "operations," in the
preamble to
section 4.4:
unless
section 4.5 applies,
(
b) adding the following after
section 4.4:
4.5 Issuers with Oil and Gas Activities
This Item 4.5 applies if the issuer is engaged in oil and gas
activities (as defined in National Instrument 51-101 Standards of
Disclosure for Oil and Gas Activities) and:
(
a) has filed or is required to have filed (or has included
or is required to have included in another filed document) audited annual
financial statements for a financial year that ends on or after December
31, 2003;
(
b) has, prior to the date on which it is required to file
audited financial statements for a financial year that ends on or after
December 31, 2003, filed under
Part 2 of National Instrument 51-101 (or
included in another filed document) the statement referred to in Item 1 of
section 2.1 of National Instrument 51-101; or
(
c) is including in the AIF the statement referred to in Item
1 of
section 2.1 of National Instrument 51-101, whether or not for the
purpose of satisfying its filing obligations under National Instrument
51-101.
Disclose the following:
1. Reserves Data and Other Information
(
a) In the case of information that, for purposes of
Form 51-101F1 Statement of Reserves Data and Other Oil and Gas Information,
is to be prepared as at the end of a financial year, disclose that
information as at the issuer's most recent financial year-end.
(
b) In the case of information that, for purposes of
Form 51-101F1, is to be prepared for a financial year, disclose that
information for the issuer's most recent financial year.
(
c) To the extent not reflected in the information
disclosed in response to paragraphs (
a) and (b), disclose the information
contemplated by
Part 6 of National Instrument 51-101, in respect of
material changes that occurred after the issuer's most recent financial
year-end.
2. Report of Qualified Reserves Evaluator or Auditor
Include with the information disclosed under
section 1
the report of one or more qualified reserves evaluators or qualified
reserves auditors, referred to in Item 2 of
section 2.1 of National
Instrument 51-101, on the reserves data included in the disclosure provided
under paragraphs 1(
a) and 1(
b) of this Item.
3. Report of Management and Directors
Include with the information disclosed under
section 1
the report of management and directors, referred to in Item 3 of
section
2.1 of National Instrument 51-101, relating to that information.
INSTRUCTIONS
(1) Disclosure in the AIF must be consistent with National
Instrument 51-101.
(2) Unless the information presented under paragraph 2 is
included in the AIF in satisfaction of the issuer's filing obligations
under
Part 2 of National Instrument 51-101, the issuer may require the
written consent of a qualified reserves evaluator or qualified reserves
auditor to disclose information in this Form, pursuant to
section 5.7 of
National Instrument 51-101.
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________
AMENDMENT TO
FORM 44-101F3 SHORT FORM PROSPECTUS
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment Form 44-101F3 Short Form Prospectus is amended by:
(
a) adding to the initial instructions the following:
(12) Disclosure in a preliminary short form prospectus or
short form prospectus must be consistent with National Instrument 51-101
Standards of Disclosure for Oil and Gas Activities if the issuer is engaged
in oil and gas activities (as defined in National Instrument 51-101) and:
(
a) has filed or is required to have filed (or has
included or is required to have included in another filed document) audited
annual financial statements for a financial year that ends on or after
December 31, 2003;
(
b) has, prior to the date on which it is required to
have filed audited financial statements for a financial year that ends on
or after December 31, 2003, filed or is required to have filed (or has
included or is required to have included in another filed document) the
statement referred to in Item 1 of
section 2.1 of National Instrument
51-101;
(
c) is filing a preliminary short form prospectus or
short form prospectus:
(
i) that includes or is required to include
audited financial statements for a financial year ended on or after
December 31, 2003;
(ii) after March 30, 2004 for an initial public
offering of securities, and the prospectus includes financial statements
for a financial year or interim period that ends on or after December 31,
2003; or
(iii) after December 31, 2003 and during the
issuer's first financial year, and the prospectus includes financial
statements for an interim period that ends on or after December 31, 2003;
(
d) indicates in the preliminary short form prospectus
or short form prospectus that information disclosed therein is presented in
accordance with National Instrument 51-101.
(
b) amending Item 10 by:
(
a) deleting the heading and substituting the following:
Item 10: Resource Issuers
(
b) deleting the heading of
section 10.1 and substituting the
following:
10.1 Issuers with Mineral Projects
(
c) deleting from
section 10.1, each time it occurs, the
phrase "or 4.4, as appropriate";
(
c) adding the following after Item 10.1:
10.2 Oil and Gas Activities
(1) Unless paragraph (2) applies, if a material part of the
proceeds of a distribution is to be expended on a particular oil and gas
property and if the current AIF does not contain the disclosure required
under Item 4.4 of Form 44-101F1 for that property or the disclosure is
inadequate or incorrect due to changes, disclose the information required
under that Item 4.4.
(2) (
a) This paragraph applies to an issuer that is engaged
in oil and gas activities (as defined in National Instrument 51-101
Standards of Disclosure for Oil and Gas Activities) and that:
(
i) has filed or is required to have filed (or
has included or is required to have included in another filed document)
audited annual financial statements for a financial year that ends on or
after December 31, 2003;
(ii) has, prior to the date on which it is
required to file audited financial statements for a financial year that
ends on or after December 31, 2003, filed (or included in another filed
document) the statement referred to in Item 1 of
section 2.1 of National
Instrument 51-101;
(iii) is filing the short form prospectus:
(
A) including audited financial statements
for a financial year ended on or after December 31, 2003;
(
B) after March 30, 2004 in respect of an
initial public offering of securities, and the prospectus includes
financial statements for a financial year or interim period that ends on or
after December 31, 2003; or
(
C) after December 31, 2003 and during the
issuer's first financial year, and the prospectus includes financial
statements for an interim period that ends on or after December 31, 2003;
(iv) indicates in the preliminary short form
prospectus or short form prospectus that information disclosed therein is
presented in accordance with National Instrument 51-101.
(
b) To the extent not included in the current AIF or in
a material change report filed subsequent to the filing of the current AIF,
provide:
(
i) the information that would be required under
Item 4.5 of Form 44-101F1 if the AIF were being filed on the date of the
preliminary short form prospectus or short form prospectus; and
(ii) any other information required in the
statement referred to in Item 1 of
section 2.1 of National Instrument
51-101:
(
A) as at the end of, or for, the most
recent financial year for which the short form prospectus includes an
audited balance sheet of the issuer; or
(
B) in the absence of a completed financial
year referred to in clause (A), as at the most recent date as at which the
short form prospectus includes an audited balance sheet of the issuer, and
for the greatest portion of a financial year that includes the date of that
balance sheet and for which the short form prospectus includes an audited
income statement of the issuer.
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________
AMENDMENT TO
NATIONAL INSTRUMENT 45-101
RIGHTS OFFERINGS
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment Subsection 3.1(1) of National Instrument 45-101 Rights
Offerings is amended by:
(
a) deleting from Item 4 the words after "Projects"; and
(
b) adding after Item 4 the following, and renumbering the former
Item 5 accordingly:
5. If the issuer is engaged in oil and gas activities (as
defined in National Instrument 51-101 Standards of Disclosure for Oil and
Gas Activities) and the rights offering circular is sent to the reviewing
authority on or before June 30, 2005, an oil and gas report prepared in
accordance with National Policy Statement No. 2-B Guide for Engineers and
Geologists Submitting Oil and Gas Reports to Canadian Provincial Securities
Administrators, unless the issuer has filed or is required to have filed
(or has included or is required to have included in another filed document)
the statement referred to in Item 1 of
section 2.1 of National Instrument
51-101.
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________
AMENDMENT TO
MULTILATERAL INSTRUMENT 45-102
RESALE OF SECURITIES
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment
Section 1.1 of Multilateral Instrument 45-102
Resale of Securities is amended by:
(
a) adding the following after the definition of "NI 44-101":
"NI 51-101" means National Instrument 51-101 Standards of
Disclosure for Oil and Gas Activities;
(
b) deleting paragraph (
e) of the definition of "qualifying issuer"
and substituting the following:
(
e) that has filed a current oil and gas report consistent
with NP 2-B, if the issuer
(
i) is engaged in oil and gas activities (as defined in
NI 51-101),
(ii) is not qualified to file a short form prospectus
under NI 44-101,
(iii) has not filed and is not required to have filed
audited annual financial statements for a financial year that ends on or
after December 31, 2003, and
(iv) has not, prior to the date on which it is required
to file audited financial statements for a financial year that ends on or
after December 31, 2003, filed under
Part 2 of NI 51-101 or included in
another filed document the statement referred to in Item 1 of
section 2.1
of NI 51-101,
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________
INTERIM AMENDMENT
AND SUBSEQUENT REPEAL
OF ASC RULES (GENERAL)
SECTIONS 88.1, 89, 90 AND 91
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 INTERIM AMENDMENT
1.1 Rules Cease to Apply The following is added after
section 88 of the
Alberta Securities Commission Rules (General):
88.1 Sections 89, 90 and 91 cease to apply Sections 89, 90 and 91
do not apply to an issuer on or after the earliest date on which the issuer
files, or is required to file or to disclose in a filed document, the
statement referred to in Item 1 of
section 2.1 of National Instrument
51-101 Standards of Disclosure for Oil and Gas Activities.
1.2 Coming Into Force
Section 1.1 comes into force on September 30,
PART 2 REPEAL
2.1 Rules Repealed Sections 88.1, 89, 90 and 91 of the Alberta
Securities Commission Rules (General) are repealed, with effect on June 30,
_______________
AMENDMENT TO ASC FORM 14
INFORMATION REQUIRED IN A PROSPECTUS OF A
NATURAL RESOURCE ISSUER
Made as a rule by the Alberta Securities Commission on June 11, 2003
pursuant to sections 223 and 224 of the Securities Act.
PART 1 AMENDMENT
1.1 Amendment Alberta Securities Commission Form 14 Information
Required in a Prospectus of a Natural Resource Issuer is amended by:
(
a) adding to the initial instructions the following:
(8) Disclosure in a prospectus must be consistent with
National Instrument 51-101 Standards of Disclosure for Oil and Gas
Activities if the issuer is engaged in oil and gas activities (as defined
in National Instrument 51-101) and:
(
a) has filed or is required to have filed (or has
included or is required to have included in another filed document) audited
annual financial statements for a financial year that ends on or after
December 31, 2003;
(
b) has, prior to the date on which it is required to
have filed audited financial statements for a financial year that ends on
or after December 31, 2003, filed or is required to have filed (or has
included or is required to have included in another filed document) the
statement referred to in Item 1 of
section 2.1 of National Instrument
51-101;
(
c) is filing a preliminary prospectus or prospectus:
(
i) that includes or is required to include
audited financial statements for a financial year ended on or after
December 31, 2003;
(ii) after March 30, 2004 for an initial public
offering of securities, and the prospectus includes financial statements
for a financial year or interim period that ends on or after December 31,
2003; or
(iii) after December 31, 2003 and during the
issuer's first financial year, and the prospectus includes financial
statements for an interim period that ends on or after December 31, 2003;
(
d) indicates in the prospectus that information
disclosed therein is presented in accordance with National Instrument
51-101.
(
b) adding after "oil or gas issuer,", in the
preamble to subclause
(3) of Item 9, the following:
unless subclause (4) applies,
(
c) adding the following after subclause (3) of Item 9:
(4) This subclause applies if the issuer is engaged in oil
and gas activities (as defined in National Instrument 51-101 Standards of
Disclosure for Oil and Gas Activities) and:
(
a) has filed or is required to have filed (or has
included or is required to have included in another filed document) audited
annual financial statements for a financial year that ends on or after
December 31, 2003;
(
b) has, prior to the date on which it is required to
file audited financial statements for a financial year that ends on or
after December 31, 2003, filed (or included in another filed document) the
statement referred to in Item 1 of
section 2.1 of National Instrument
51-101;
(
c) is filing the prospectus:
(
i) including audited financial statements for a
financial year ended on or after December 31, 2003;
(ii) after March 30, 2004 for an initial public
offering of securities, and the prospectus includes financial statements
for a financial year or interim period that ends on or after December 31,
2003; or
(iii) after December 31, 2003 and during the
issuer's first financial year, and the prospectus includes financial
statements for an interim period that ends on or after December 31, 2003;
(
d) indicates in the prospectus that information
disclosed therein is presented in accordance with National Instrument
51-101.
1. Reserves Data and Other Information
(
a) Disclose the information prescribed by Form
51-101F1 Statement of Reserves Data and Other Oil and Gas Information:
(
i) as at the end of, and for, the most
recent financial year for which the prospectus includes an audited balance
sheet of the issuer; or
(ii) in the absence of a completed financial
year referred to in clause (i), as at the most recent date for which the
prospectus includes an audited balance sheet of the issuer, and for the
greatest portion of the financial year that includes the date of that
balance sheet and for which the prospectus includes an audited income
statement of the issuer.
(
b) To the extent not reflected in the
information disclosed in response to paragraph (a), disclose the
information contemplated by
Part 6 of National Instrument 51-101, in
respect of material changes that occurred after the applicable balance
sheet date referred to in paragraph (a).
2. Report of Qualified Reserves Evaluator or Auditor
Include with the information disclosed under
section 1 the report of one or
more qualified reserves evaluators or qualified reserves auditors, referred
to in Item 2 of
section 2.1 of National Instrument 51-101, on the reserves
data included in the disclosure provided under paragraph 1(a).
3. Report of Management and Directors Include with
the information disclosed under
section 1 the report of management and
directors, referred to in Item 3 of
section 2.1 of National Instrument
51-101 relating to that information.
INSTRUCTION
The issuer may require the written consent of a qualified
reserves evaluator or qualified reserves auditor to disclose information in
this Form, pursuant to
section 5.7 of National Instrument 51-101.
PART 2 EFFECTIVE DATE
2.1 Effective Date This amendment comes into force on September 30,
_______________________________________________________________________
SOLICITOR GENERAL
CANCELLATION OF QUALIFIED TECHNICIAN APPOINTMENT
Royal Canadian Mounted Police "K" Division
Gleboff, Steven Paul
Hundt, Frank Erwin
Neary, William David Wagner
(Date of cancellation July 21, 2003)
_______________
CANCELLATION OF QUALIFIED TECHNICIAN APPOINTMENT
(INTOXILYER 5000C)
Royal Canadian Mounted Police "K" Division
Hundt, Frank Erwin
Zanussi, Robert John
(Date of cancellation July 21, 2003)
_______________________________________________________________________
SUSTAINABLE RESOURCE DEVELOPMENT
SALE OF COMMERCIAL TIMBER PERMITS
(Forests Act)
Name of Purchaser: Marc Chenard
Consideration: $14.23/cubic meter
Permit Description: CTPP130017
Name of Purchaser: Boucher Bros.
Consideration: $15.40/cubic meter
Permit Description: CTPP530281
Name of Purchaser: Boucher Bros.
Consideration: $15.40/cubic meter
Permit Description: CTPP530282
_______________________________________________________________________
ADVERTISEMENTS
NOTICE OF CERTIFICATE OF INTENT TO DISSOLVE
(Business Corporations Act)
Notice is hereby given that a Certificate of Intent to Dissolve was issued
to Zurich Equipment Ltd. on September 4, 2003.
Dated at Calgary, Alberta, September 4, 2003.
_______________________________________________________________________
PUBLIC SALE OF LAND
(Municipal Government Act)
CITY OF GRANDE PRAIRIE
Notice is hereby given that under the provisions of the Municipal
Government Act, the City of Grande Prairie will offer for sale, by public
auction, in the Third Floor Conference Room at City Hall, Grande Prairie,
Alberta on Friday, November 28, 2003 at 9:00 a.m. the following lands:
Legal Description
Address of Property
NE 24 71 6 W6
Plan 8315 AK, Block 40, Lots 6-10
10011 97 Avenue
Plan 3166 AX, Block 9, Lots 31-33
10511 100 Avenue
Plan 659 KS, Block 13, Lot 18
9311 105 Avenue
Plan 4568 MC, Block 14A, Lot 5
11318 102 Street
Plan 782 1269, Block 26, Lot 9
7229 Patterson Drive
Plan 8021381, Block 1, Lot 62
12106 97 Street
Plan 942 2535, Block 1, Lot 87
12217 97A Street
Plan 952 2482, Unit 20
302-9260 108 Avenue
Plan 952 2482, Unit 26
308-9260 108 Avenue
Plan 952 3741, Unit 7
201-10225 106 Avenue
Plan 952 3741, Unit 8
202-10225 106 Avenue
Plan 952 3741, Unit 15
303-10225 106 Avenue
Plan 982 1584, Block 3, Lot 185
12020 Crystal Lake Drive
Plan 982 2396, Block 6, Lot 8
6210 90A Street
Plan 992 5836, Block 2, Lot 38
9209 94 Avenue
Plan 992 5836, Block 2, Lot 39
9213 94 Avenue
Plan 992 5836, Block 2, Lot 45
9237 94 Avenue
Plan 992 5836, Block 2, Lot 49A
9247 94 Avenue
Plan 992 5836, Block 2, Lot 49B
9249 94 Avenue
Plan 992 5836, Block 2, Lot 50
9253 94 Avenue
Plan 992 5836, Block 2, Lot 51
9257 94 Avenue
Plan 992 5836, Block 2, Lot 52
9261 94 Avenue
Plan 992 5836, Block 2, Lot 53A
9263 94 Avenue
Plan 992 5836, Block 2, Lot 53B
9265 94 Avenue
Plan 992 5836, Block 2, Lot 54A
9267 94 Avenue
Plan 992 5836, Block 2, Lot 54B
9269 94 Avenue
Plan 992 5836, Block 2, Lot 55
9273 94 Avenue
Plan 992 5836, Block 3, Lot 35
9234 94 Avenue
Plan 992 5836, Block 3, Lot 36
9238 94 Avenue
Plan 992 5836, Block 3, Lot 37
9242 94 Avenue
Plan 992 5836, Block 3, Lot 38
9246 94 Avenue
Plan 992 5836, Block 3, Lot 41
9258 94 Avenue
Plan 992 5836, Block 4, Lot 13B
9214 94 Avenue
Plan 992 5836, Block 4, Lot 17
9240 94 Avenue
Plan 992 5836, Block 5, Lot 24
9366 93 Street
Plan 992 5836, Block 5, Lot 25
9370 93 Street
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.
Terms: Cash.
The City of Grande Prairie may, after the public auction, become the owner
of any parcel of land that is 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.
Dated at Grande Prairie, Alberta, September 3, 2003.
Ken Anderson, Financial Services Director.
_______________
CITY OF LETHBRIDGE
Notice is hereby given that under the provisions of the Municipal
Government Act, the City of Lethbridge will offer for sale, by public
auction, in the Magrath Room (Room 135) on the Main Floor of City Hall,
910-4 Avenue South, Lethbridge, Alberta on Friday, November 21, 2003 at
11:00 a.m. the following lands:
Plan
Block
Lot
7006JK
4353S
35 & N 1/2 of 34
3371GE
4209GG
6585GL
17 & E 3 FT of 18
20A
406R
26 & 27
406R
16 & 17
5712HF
8 / 10
5712HF
5712HF
4 / 6
406R
406R
406R
W45 FT of 28 / 32
406R
Pt 28 / 32 E of W 90 FT
224HV
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.
Terms: Cash.
The City of Lethbridge may, after the public auction, become the owner of
any parcel of land that is 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.
Dated at Lethbridge, Alberta, September 9, 2003.
Allan Hodge, A.M.A.A., Assessment and Taxation Manager.
COUNTY OF LETHBRIDGE
Notice is hereby given that under the provisions of the Municipal
Government Act, the County of Lethbridge will offer for sale, by public
auction, in the County Office, 100-905 4 Avenue South, Lethbridge, Alberta
on Friday, November 21, 2003 at 9:00 a.m. the following lands:
Pt. of Sec.
Sec
Twp
Rge
Linc
C. of T.
Lot
Blk
Plan
751 146 304
6354JK
Pt. of Sec.
Sec
Twp
Rge
Acres
Linc
C. of T.
95.93
981 082 775
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.
Terms: Cash.
The County of Lethbridge may, after the public auction, become the owner of
any parcel of land that is 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.
Dated at Lethbridge, Alberta, September 9, 2003.
Layne Johnson, County Manager.
_______________
WESTLOCK COUNTY
Notice is hereby given that under the provisions of the Municipal
Government Act, Westlock County will offer for sale, by public auction, at
the Westlock County Office, Westlock, Alberta on Thursday, December 4, 2003
at 2:00 p.m. the following lands:
Busby
Lot
Block
Plan
C. of T.
5846BB
5846BB
Fawcett
Lot
Block
Plan
C. of T.
8063ET
8063ET
842206664A
PT SW 16-64-1-5, .24 ACRE 952008835
Pibroch
Lot
Block
Plan
C. of T.
880HW
880HW
12, 13
1141EO
Pickardville
Lot
Block
Plan
C. of T.
602EO
Regal Park Village
Lot
Block
Plan
C. of T.
Vimy
Lot
Block
Plan
C. of T.
Rural
Legal Description
C. of T.
NE 20-61-23-4, 2.99 acres
NE 16-62-26-4
19Y278
Lot 1 Plan 9722219
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.
Terms: Cash.
Westlock County may, after the public auction, become the owner of any
parcel of land that is 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.
Dated at Westlock, Alberta, September 30, 2003.
W.A. Glebe, Municipal Administrator.
MUNICIPAL DISTRICT OF TABER
Notice is hereby given that under the provisions of the Municipal
Government Act, the Municipal District of Taber will offer for sale, by
public auction, in the Municipal Office, Taber, Alberta on Thursday,
November 27, 2003 at 2:00 p.m. the following lands:
Pt. of Sec.
Sec.
Twp.
Rge.
Area
N.W.
(S « of LSD 11 & 12)
39.75
S.W.
(N « of LSD 5 & 6)
39.75
S.W.
1.38
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.
Reserving thereout all mines and minerals.
Terms: Cash.
The Municipal District of Taber may, after the public auction, become the
owner of any parcel of land that is 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.
Dated at Taber, Alberta, September 10, 2003.
Clarence Schile, Municipal Administrator.
_______________
TOWN OF TURNER VALLEY
Notice is hereby given that under the provisions of the Municipal
Government Act, the Town of Turner Valley will offer for sale, by public
auction, in the Town Office, 223 Main Street NE, Turner Valley, Alberta on
Tuesday, November 18, 2003 at 2:00 p.m. the following lands:
Lot
Block
Plan
3138FM
2, West 70 feet
954GV
SE Portion
Section 1, Township 20, Range 3, West of the 5th Meridian
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.
Terms: 10 % cash deposit.
The Town of Turner Valley may, after the public auction, become the owner
of any parcel of land that is 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.
Dated at Turner Valley, Alberta, September 12, 2003.
Barb Savage, Administration Manager.
_______________
VILLAGE OF GALAHAD
Notice is hereby given that under the provisions of the Municipal
Government Act, the Village of Galahad will offer for sale, by public
auction, in the Village Office, Galahad, Alberta on Tuesday, December 9,
2003 at 1:00 p.m. the following lands:
Lot
Block
Plan
C. of T.
1 & 2
6080CH
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.
Terms: Cash.
The Village of Galahad may, after the public auction, become the owner of
any parcel of land that is 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.
Dated at Sedgewick, Alberta, September 10, 2003.
Tara Roggensack, Administrator.
_______________
VILLAGE OF NAMPA
Notice is hereby given that under the provisions of the Municipal
Government Act, the Village of Nampa will offer for sale, by public
auction, in the Village Office, Nampa, Alberta on Tuesday, November 18,
2003 at 2:00 p.m. the following lands:
Lot
Block
Plan
2625HW
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.
Terms: Cash.
The Village of Nampa may, after the public auction, become the owner of any
parcel of land that is 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.
Dated at Nampa, Alberta, September 30, 2003.
Sharon Unrau, Administrator.
VILLAGE OF STIRLING
Notice is hereby given that under the provisions of the Municipal
Government Act, the Village of Stirling will offer for sale, by public
auction, in the Council Chambers, Stirling, Alberta on Wednesday, November
19, 2003 at 10:00 a.m. the following lands:
Lot
Block
Plan
C of T
752J
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.
Terms: Cash, letter of credit from a banking institution, certified cheque
or money order.
The Village of Stirling may, after the public auction, become the owner of
any parcel of land that is 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.
Dated at Stirling, Alberta, August 20, 2003.
J. Scott Barton, Municipal Administrator.
_______________
ALBERTA GOVERNMENT SERVICES
_______________
CORPORATE REGISTRY
_______________
REGISTRAR'S PERIODICAL
ALBERTA GOVERNMENT SERVICES
CORPORATE REGISTRATIONS, INCORPORATIONS, AND CONTINUATIONS
(Business Corporations Act, Cemetery Companies Act, Companies Act,
Co-operative Associations Act, Credit Union Act, Loan and Trust
Corporations Act, Religious Societies' Land Act, Rural Utlities Act,
Societies Act, Partnership Act)
_______________________________________________________________________
101015943 SASKATCHEWAN LTD. Other Prov/Territory Corps Registered 2003 AUG
19 Registered Address: 2500, 10155 - 102 STREET, EDMONTON ALBERTA, T5J 4G8.
No: 2110619877.
101036408 SASKATCHEWAN LTD. Other Prov/Territory Corps Registered 2003 AUG
21 Registered Address: 5105 49 STREET, P.O. BOX 500, LLOYDMINSTER ALBERTA,
S9V 0Y6. No: 2110624380.
1057148 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 900, 521 - 3RD AVENUE S.W., CALGARY ALBERTA, T2P3T3.
No: 2010571483.
1057955 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 26
Registered Address: 141 WALDRON AVE, OKOTOKS ALBERTA, T1S 1E1. No:
1058302 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 25
Registered Address: 102, 10126 - 97 AVENUE, GRANDE PRAIRIE ALBERTA, T8V
7X6. No: 2010583025.
1058540 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 26
Registered Address: 8801 24 ST, EDMONTON ALBERTA, T6P 1L2. No: 2010585400.
1058703 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 27
Registered Address: 1413 - 2 STREET S.W., CALGARY ALBERTA, T2R 0W7. No:
1058751 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 27
Registered Address: 4818 - 46TH STREET, OLDS ALBERTA, T4H 1P7. No:
1059101 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 16
Registered Address: 1702- 5 AVENUE SE, HIGH RIVER ALBERTA, T1V 1S9. No:
1059107 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 22
Registered Address: 103, 14- 2 AVENUE SE, HIGH RIVER ALBERTA, T1V 1G4. No:
1060723 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #500 CENTRE 104 5241 CALGARY TRAIL SOUTH, EDMONTON
ALBERTA, T6H5G8. No: 2010607238.
1061169 ALBERTA INC. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 223 HUNTERHORN TERRACE NE, CALGARY ALBERTA, T2K 6G8.
No: 2010611693.
1061317 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 26
Registered Address: 10426 81 AVENUE #200, EDMONTON ALBERTA, T6E 1X5. No:
1061429 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 21
Registered Address: 2969 COTTONWOOD ROAD SW, MEDICINE HAT ALBERTA, T1B 4R5.
No: 2010614291.
1061592 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 19
Registered Address: #2250, SCOTIA 1, 10060 JASPER AVENUE, EDMONTON ALBERTA,
T5J 3R8. No: 2010615926.
1061705 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #310, 1000 - 8 AVENUE SW, CALGARY ALBERTA, T2P 3M7. No:
1061754 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 16
Registered Address: #201 - 4702 - 49 AVENUE, RED DEER ALBERTA, T4N 6L5. No:
1061765 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 35 HIGHWOOD PL. NW, CALGARY ALBERTA, T2K 2B9. No:
1061766 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 292, 281 BUTTE HILLS LANE, BALZAC ALBERTA, T0M 0E0. No:
1061775 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 222 MAIN STREET NORTH, AIRDRIE ALBERTA, T4B 2B8. No:
1061786 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 20
Registered Address: F3 3292 DUNMORE RD SE, MEDICINE HAT ALBERTA, T1B 2R4.
No: 2010617864.
1061794 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #2200, 411 - 1 STREET S.E., CALGARY ALBERTA, T2G 5E7.
No: 2010617948.
1061803 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 450 LESSARD DR NW, EDMONTON ALBERTA, T6M 1A8. No:
1061808 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 10263 - 178 STREET, EDMONTON ALBERTA, T5S 1M3. No:
1061811 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 6 SERVICE ROAD, ALDERSYDE ALBERTA, T0L 0A0. No:
1061814 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #503, 706-7 AVENUE S.W., CALGARY ALBERTA, T2P 0Z1. No:
1061818 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #503, 706-7 AVENUE S.W., CALGARY ALBERTA, T2P 0Z1. No:
1061819 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 1500, 407 - 2ND STREET S.W., CALGARY ALBERTA, T2P 2Y3.
No: 2010618193.
1061821 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 5202 - 51 AVE, COLD LAKE ALBERTA, T9M 1P1. No:
1061829 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 11408 - 95 ST., HIGH LEVEL ALBERTA, T0H 1Z0. No:
1061830 ALBERTA INC. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 510 8 AVE, CANMORE ALBERTA, T1W 2E3. No: 2010618300.
1061832 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 1507 - 4 STREET, NISKU ALBERTA, T9E 7M9. No:
1061833 ALBERTA INC. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 58 SADDLEMONT WAY N.E., CALGARY ALBERTA, T3J 4V2. No:
1061835 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 19
Registered Address: #308 - 9919 - 99 AVENUE, GRANDE PRAIRIE ALBERTA, T8V
2V4. No: 2010618359.
1061838 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #503, 706-7 AVENUE S.W., CALGARY ALBERTA, T2P 0Z1. No:
1061841 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 20
Registered Address: 180 RIVERSIDE DR., DRUMHELLER ALBERTA, T0J 0Y0. No:
1061843 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 3000, 700 - 9TH AVENUE SW, CALGARY ALBERTA, T2P 3V4.
No: 2010618433.
1061863 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 19
Registered Address: 426 - 9 STEET EAST, DRUMHELLER ALBERTA, T0J 0Y5. No:
1061865 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 5228 35 AVENUE S.W., CALGARY ALBERTA, T2E 3B8. No:
1061872 ALBERTA INC. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: 232 MT. CORNWALL MEWS SE, CALGARY ALBERTA, T2Z 2J8. No:
1061875 ALBERTA LTD. Numbered Alberta Corporation Incorporated 2003 AUG 18
Registered Address: #503, 706-7 AVENUE S.W., CALGARY ALBERTA, T2P 0Z1. No: