| AECO |
A
reference to the physical storage and trading hub on the TransCanada Alberta
Transmission System (NOVA) which is the delivery point for the various benchmark
Alberta Index prices |
| API |
American
Petroleum Institute |
| ARTC |
Alberta
Royalty Tax Credit |
| bbl(s)/day |
barrel(s)
per day, with each barrel representing 34.972 Imperial gallons or 42 U.S. gallons |
| Bcf |
billion
cubic feet |
| BOE(s)/day |
barrel
of oil equivalent per day ( 6 Mcf of gas:1 BOE) |
| CBM |
coalbed
methane, otherwise known as natural gas from coal - NGC |
| COGPE |
Canadian
oil and gas property expense |
| CAPP |
Canadian
Association of Petroleum Producers |
| D&M |
DeGolyer
and MacNaughton, an external, independent third party engineering firm |
| EDGAR |
Electronic
Data Gathering, Analysis and Retrieval system |
| Established Reserves |
proved plus half probable
reserves applicable to years 2002 and prior |
| F&D Costs |
finding
and development costs |
| FD&A Costs |
finding,
development and acquisition costs |
| FDC |
future
development capital |
| GLJ |
GLJ
Petroleum Consultants Ltd., an external, independent third party engineering
firm |
| HH |
"Henry
Hub" A reference to the physical storage and trading hub ni Louisiana which
is the delivery point for the NYMEX Natural Gas contract |
| IP Rate |
initial
production rate |
| Mbbls |
thousand
barrels |
| MBOE |
thousand
barrels of oil equivalent |
| Mcf/day |
thousand
cubic feet per day |
| MMbbl(s) |
million
barrels |
| MMBOE |
million
barrels of oil equivalent |
| MMBtu |
million
British Thermal Units |
| MMcf/day |
million
cubic feet per day |
| MWh |
Megawatt
hour(s) of electricity |
| NGLs | natural
gas liquids |
| NI 51-101 |
National
Instrument 51-101 (pertaining to reserve reporting in Canada) |
| NYSE |
New
York Stock Exchange |
| P+P Reserves |
proved
plus probable reserves |
| PDP Reserves |
proved
developed producing reserves |
| RLI |
reserve
life index |
| SAGD |
steam
assisted gravity drainage |
| TSX |
Toronto
Stock Exchange |
| WI |
percentage
working interest ownership |
| WTI |
West
Texas Intermediate oil at Cushing, Oklahoma, the benchmark for North American |
| SEDAR |
System
for Electronic Document Analysis and Retrieval |
| Sproule |
Sproule
Associates Limited, an external, independent third party engineering firm |
