STANDING COMMITTEE ON CROWN CORPORATIONS FIFTH REPORT May 6, 1998 3rd Session of the 23rd Legislature LEGISLATIVE ASSEMBLY OF SASKATCHEWAN STANDING COMMITTEE ON CROWN CORPORATIONS FIFTH REPORT Ms. Lorje, Chair of the Standing Committee on Crown Corporations, presents the Committee’s Fifth Report of the Twenty-third Legislature which is as follows: Your Committee, in examining the matters of the acquisition, management and sale of Channel Lake Petroleum Ltd. by SaskPower and the payments to Mr. John R.

Messer when he ceased to serve as President of SaskPower, has concluded that expert assistance is required in order for this Committee to fully carry out its terms of reference. Your Committee recommends, therefore, that the Assembly do authorize the Standing Committee on Crown Corporations to enter into a contract with an independent oil and gas industry expert, who shall be directed to do the following: 1. Evaluate the terms of the long term gas supply contract awarded to DEML as part of the sale of Channel Lake Petroleum to determine whether the contract is within industry standards; and 2.

That if the long term gas supply contract is not within industry standards, to provide information to the Committee as to what those industry standards are. Respectfully submitted, Pat Lorje, Chair