managing emissions - canadian association of petroleum...

The Magazine of the Canadian Association of Petroleum Landmen

september 2007

THE NEGOTIATOR

2007 CAPL Operating Procedure Endorsed

JimMacLeandiscussesthenextsteps

Distinguished Citizen AwardGaryPeddle’sinvolvementintheFuelForSchoolProgram

2007 CAPL ConferenceAbriefofthisyear’sspeakersandtopics

MAnAging EMissions

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Really flexible representation.Years of experience in oil and gas transactions, hydrocarbon and

electricity marketing and litigation and dispute resolution have made

us unbelievably flexible. Thackray Burgess is agile and will bend

over backwards to give your company the legal representation it

needs. Thackray Burgess is a really flexible firm.

Senior Editorial BoardDirector of Communications

Sue Klassen [ph] 503-8651Advertising Editors

Clark Drader [ph] 537-1771Bradley Campbell [ph] 213-7439

Coordinating EditorTom Hunter [ph] 517-6822

Feature Content EditorCandace Kendrick [ph] 260-4796

Regular Content EditorMarah Graham [ph] 386-6517

Social Content EditorPaul Cooper [ph] 237-1229

Editorial CommitteeJackie David [ph] 261-1219Kellie D’Hondt [ph] 213-4306Mary Grant [ph] 645-3932Jennifer Ho [ph] 296-3054Mark Horne [ph] 290-6846Mark Innes [ph] 233-1978Claire Jenkins [ph] 269-6343Adrienne Murray [ph] 267-0747Brian Postma [ph] 260-6343Nielsen Rand [ph] 806-2985Michael Reich [ph] 233-8822Joe Swift [ph] 290-3429

Design and ProductionRachel Hershfield, Folio Publication Design

PrintingMcAra Printing

SubmissionsFor information regarding submission of articles, please contact a member of our Senior Editorial Board.

DisclaimerAll articles printed under an author’s name represent the views of the author; publication neither implies approval of the opinions expressed, nor accuracy of the facts stated.

AdvertisingFor information, please contact Clark Drader (537-1771) or Bradley Campbell (213-7439). No endorsement or sponsor-ship by the Canadian Association of Petroleum Landmen is suggested or implied.

The contents of this publication may not be reproduced either in part or in full without the consent of the publisher.

2007–2008 CAPL Board of DirectorsPresident

Cindy Rutherford, P.Land [ph] 539-1777Vice-President

Robert Telford, P.Land [ph] 503-5265Director, Business Development

Terry O’Connor [ph] 538-5593Director, Communications

Sue Klassen [ph] 503-8651Director, Education

Len Moriarity, P.Land [ph] 237-1448Director, Field Management

Rick Kaminski [ph] 206-6003Director, Finance

Ken Gummo, P.Land [ph] 296-6044Director, Member Services

Margaret Ariss [ph] 298-5580Director, Professionalism

Levonne Louie, P.Land [ph] 537-2476Director, Public Relations

Noel Millions [ph] 645-2728Director, Technology

Barry Lainof, P.Land [ph] 531-8173Secretary/Director, Social

Dalton Dalik, P.Land [ph] 290-3669Past President

Ian Clark, P.Land [ph] 263-7610

Suite 350, 500 – 5 Avenue S.W. Calgary, Alberta T2P 3L5 [ph] 403-237-6635 [fax] 403-263-1620www.landman.ca

Betty Cousins [email protected] Grieve [email protected] Irene Krickhan [email protected] Steers [email protected]

Also in this issue

12 2007CAPLConference

13 CAPL9-BallPoolTournament

17 PLUSGivesBack

17 PLUSUpdate

22 InMemoriam

25 2007PLMAlumniCharityGolfClassic

THE NEGOTIATORThe Magazine of the Canadian Association

of Petroleum Landmen THE NEGOTIATOR

Features September 2007

2 2007 CAPL Operating Procedure Jim MacLean

5 Calgary Stampede Steer Classic CAPL Public Relations Committee

6 Managing Emissions Selina Lee-Andersen

16 2007 AAPL Meeting and Conference Guy and Leigh Anderson

23 Distinguished Citizen Award

InEveryIssue13 BoardBriefs

14 MessagefromtheExecutive

18 GetSmart

20 RosterUpdates

28 CAPLCalendarofEvents

28 OctoberMeeting

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The 2007 CAPL OPerATing PrOCedure wAs endOrsed by The CAPL bOArd in June Of This yeAr.Additionalendorsements

arebeingsoughtfromCAPLA,PASC,PJVAandSEPAC

toreflectthefactthattheOperatingProcedureisan

industrydocumentforwhichCAPListhecustodian,

ratherthanonlyalanddocument.

The CAPL web page includes a package of

materials in PDF format. The package includes

(i) an introduction to the document; (ii) the text

2007CAPLOperatingProcedureThe Marathon is Over

wriTTen by

JIM MACLEAN

PROFESSIONAL LAND SURVEYORS

403 244 7471 • 1 800 387 [email protected] www.midwestsurveys.com

CALGARY

BROOKS

EDMONTON

ESTEVAN

GRANDE PRAIRIE

LLOYDMINSTER

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MEDICINE HAT

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We Knowthe Territory

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and annotations; (iii) a detailed matrix that outlines significant

changes relative to the 1990 document; (iv) an overview of the

major differences from the November, 2006 draft, together with

a redlined version of the text and annotations relative to the

November draft; (v) a matrix of the verbatim comments on the

Novemberdraft(companycodes)andourresponsetoeachindi-

vidualcomment;and(vi)anoverviewofthe2007document.

holdings update re June ArticleThe June NegotiatorArticle was submitted for publication at the

beginning of May, prior to the Committee’s review of the then

most recent working draft of the document. Based on dialogue

withsomeofthe largercompaniesandtheCommittee’sfurther

reviewoftheissue,holdingswereultimatelyhandledabitdiffer-

entlythanpresentedintheJuneArticleintwoareas.

ThefirstareaisthatthecontemplatedSubclause10.07Gthat

restricted the ability of a Non-Participating Party to propose an

additional well on the same section after a holding or reduced

spacingunitbecameeffectivewasdeleted.Preliminaryfeedback

indicatedthatthecontemplatedrestrictionwouldprobablycreate

more problems than it would solve for what we thought was a

relativelyminorpotentialissue.

Thesecondareapertainedtothesituationinwhichanaddi-

tionalwellisproposedpriortoarequiredholdingbeinginplace.

Based on feedback on this issue with a test group following

submission of the Article, the Committee concluded that the

approach in alternative (e) in the Article was the preferred

approach.Theneteffectisthatthenormalelectionprocesswould

applyinthiscircumstance,providedthattheholdingapplication

isnotrejectedbytheregulator.Thefollowingsentencewasadded

toSubclause10.02Atoaddressthis:

A Party may serve an Operation Notice for a well (and the

provisions of this Clause will apply to it) during the period

in which a holding or other amendment to the Spacing Unit

or drilling density is required to produce that well from a

formation that is already productive in another well, provided

that: (i) the required application has been submitted under the

Regulations; and (ii) the application has not then been rejected

thereunder. The Operation Notice and all elections thereunder

will be void if that application has been rejected under the

Regulations prior to expiry of the response period to that

Operation Notice.

This column will be included in The Negotiator for the next several

months to provide an overview of some of the major areas of change in

the document. we will also use it to address questions and concerns

that become apparent as industry begins the transition process.

An overview of the topics in previous columns in this series is noted below.

Issue TopicDecember, 2005 Project overview.

January, 2006 Evolution of the Operating Procedure from

a “one size fits all” standard form with few

modifications to one that users will increasingly

choose to customize to address special needs.

February, 2006 Operator-Non-Operator relationship, primarily

in the context of the changes in Articles 2.00,

3.00 and 5.00 of the draft 2006 document.

March, 2006 Dispute Resolution Article (21.00), the layered

dispute process approach and the design of

the Article to encourage parties to resolve their

own disputes early through negotiation.

April, 2006 Operation Notices and the Precedent

Operation Notice project.

May, 2006 Production Facilities and the Operating

Procedure.

December, 2006 Liability and Indemnification Obligations.

February, 2007 Rights of First Refusal, Part I.

March, 2007 Rights of First Refusal, Part 2.

June, 2007 Holdings and Independent Operations.

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so what happens now?Completionofthedocumentisonlythefirststepintheprocess.

The second, more critical step is for industry to obtain the

intendedbenefitsfromthenewdocumentbybecomingfamiliar

withthedocumentandusingitinourdaytodaybusinessinthe

nearterm.

One of the lessons learned from the 24-30 month transition

period following completion of the 1990 document was that

industry’s ability to optimize the benefits from the improved

document will be compromised significantly if the transition to

useisscatteredorslow.

The companies that reviewed the document through the

commenting phase understand the major benefits offered by

thisdocument,and,subjecttoanycorporatepreferencechanges,

theselargecompanieswillbetryingtouseitintheirtransactions

inthenearfuture.Thebalanceof industrynowneedstounder-

stand the document to determine how we will respond when

presentedwitharequesttousethe2007document.

We believe that the 2007 CAPL Operating Procedure offers

significant benefits to Operators, Non-Operators, large compa-

nies and small companies and that users will agree with this

assessment as they become familiar with the multitude of

enhancementsincludedinthedocument.

To facilitate the transition to thenewdocument,youshould

consider: (i) reviewing the overview materials presented on the

CAPLwebsite forahigh levelperspectiveabout themajorareas

ofchange;(ii)reviewingthematrixofchangesrelativetothe1990

document tounderstand thenatureof thespecificchangesand

theirrationale;and(iii)attendingoneoftheonedayCAPLcourses

onthenewdocument.

Obtaining familiarity with the document in the near-term:

(i)betterenablesyoutounderstandandaddressissuesyouhave

with your current agreements; (ii) provides you with additional

insights that you can use in structuring new agreements or in

updating existing agreements of strategic importance; (iii) posi-

tions you to use the document more quickly; and (iv) improves

yourpersonalandorganizationalcapabilityinthisarea.

Based on industry’s experiences with the 1990 document

andthe1997CAPLFarmout&RoyaltyProcedure,webelievethat

the initial change management effort will ultimately prove to

be small relative to the gains industry will obtain by using the

improveddocument.

Weallneedtorecognize,though,thatthecommentingphase

isover.Whetheryouchosetoreviewdraftsandparticipateinthe

commenting phase or not, the document has been completed.

Itisnowinevitablethatthedocumentwillbewidelyusedacross

industry,notwithstandingthecomfortlevelweallhavewiththe

1990document.

Over the next few months, your choice will ultimately be

narrowed to whether you accept the document willingly, reluc-

tantlyorveryreluctantly.

Changehashappened.Theonlyissuenowishow,ascompa-

niesandindividuals,wechoosetomanagethechangeprocess.

Inotherwords,youcanrun,but,tryasyoumight,youcan’thide.

ThanksThefinaldocumentisafarsuperiordocumentrelativetoeachof

thedraftsbecauseofthequalityoffeedbackwereceivedoverthe

courseoftheproject.

Wethankthosecompaniesandindividualswhoinvestedmany

hoursoftimetoreviewthematerialsandprovidetheircomments

to us for their contributions to the document. In particular, we

wish to acknowledge the review effort of the following compa-

niesoverthecourseoftheproject:CNRL,ConocoPhillips,Devon,

Imperial,Nexen,Petro-Canada,Shell,SuncorandTalisman.

Wethankthefunctionalexpertswhoassistedusinoptimizing

particularareasof thedocument:MichelleRadomski (Monterey,

re segregation); Mark Roberton (Nexen, re insurance); Jim Sloan

(Talisman,reMarketPrice);KevinMilner(Talisman,reJVissues);

Dave Porter (Talisman, re HSE); Wayne Fuller (Independent, re

alignment with pending PASC Accounting Procedure); and with

respect to the Dispute Resolution Article, John Curran, David

GouldandNoelRea.

I thank the other current and previous members of the

Committeefortheirongoingcommitmenttotheprojectduringa

periodofhighindustryactivitylevels:

JimO’Byrne

CarolanneDeBiasio

LawrenceFisher

DianneSawatzky

BradTaylor

LynnGregory–CAPLALiaison

MikeThackray–LegalLiaison

JeffGeib–LegalLiaison/HzWells

DaveSavage–SEPACLiaison

PatForrest–PJVALiaison

RichardFischer–PASCAuditCommittee

BillLewington–PASCJIResearchCommittee

PaulVianello–MarketingLiaison

(Previousmembers:CindyCameron;MurrayFeddema;JeffFrench;

KathyGagne;KristyHalat;andTedWeryshko.)

IalsothanktheCAPLBoardforitssupportandpatienceover

thecourseoftheproject.m

200, 6001 - 1A Street SW, Calgary AB T2H 0G5 free 1-866-432-8555 fax 252-7145

444-5700

Official CAPL insurance broker for over 18 years

preferred ratesspecial discountsfree offers

underwritten by:

for CAPL members

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Calgary Stampede Steer Classic

in 2007, CAPL COnTinued iTs suPPOrT Of The AgriCuLTurAL And rAnChing COMMuniTies

through its sponsorshipof theReserve

Steer at the Calgary Exhibition and

Stampede. Once again, CAPL was successful in raising $9,000

throughtheraffleoftheReserveSteerandafunnymoneycasinofor

thebenefitofAlberta4-HLegacyFund.Wewouldliketothankthe

sponsors:AltusGeomatics,AmaniVineyards,ApacheCorporation,

Caltech Surveys Ltd., Compton Petroleum Corporation, EnCana

Corporation, McAra Printing, McNally Land Services Ltd., Parlee

McLaws, Thackray Burgess Barristers & Solicitors. Without all of

thesesponsorsthiswouldnotbepossible.

Congratulations to the winners of the raffle. Draw #1

1stPrize: SideofAlbertabeefpurchasedattheCalgaryStampede

2007SteerSale&$400giftcertificate

Sponsored by: Parlee McLaws

Winner: Jim Stannard

�ndPrize: FourticketstoaCalgaryStampedersgame

Sponsored by: McNally Land Services Ltd.

Winner: Brian Vermeulen

�rdPrize: CalgaryStampedeRodeo2008prizepack

Sponsored by: Altus Geomatics

Winner: Barb Banks

�thPrize: Winebasket

Sponsored by: Amani Vineyards (Pty) Ltd.

Winner: Harold Ashley

�thPrize: LimitededitionprintbyEddaReimer

Sponsored by: McAra Printing

Winner: Rod Banks

Draw #2

1stPrize: SideofAlbertabeefpurchasedattheCalgaryStampede

2007SteerSale&$400giftcertificate

Sponsored by: Caltech Surveys Ltd.

Winner: Cathi Nelson

�ndPrize: TwoticketstoaCalgaryFlamesgame

Sponsored by: Compton Petroleum Corporation

Winner: Deb Bosnak

�rdPrize: Bugattileathertravelbag

Sponsored by: Thackray Burgess Barristers & Solicitors

Winner: Lynn Bradford

�thPrize: Winebasket

Sponsored by: Amani Vineyards (Pty) Ltd.

Winner: Connie Nuttall

�thPrize: LimitededitionprintbyEddaReimer

Sponsored by: McAra Printing

Winner: David & Cheryl Griep

Thanksforyoursupport.m

CAPL Public Relations Committee

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ManagingEmissionsTools for surviving and Thriving in a (Low) Carbon world

iT wAs OnCe sAid ThAT “Like iT Or nOT, we Live in inTeresTing TiMes.”Inrecent

months,therehasbeenapalpableshift inpublic

opiniononthetopicofclimatechange.Canadahas

beenslowoutof thestartinggateontheclimate

change issue,however,Canadianshave indicated

their desire for action and this has resulted in a

flurry of activity at both federal and provincial

government levels.While the federalgovernment

still lacks a coherent strategy to tackle climate

change,thereisnodoubtthat, likeitornot,new

rules and regulations directed at managing our

greenhousegas(GHG)emissionsarecoming. wriTTen by

SELINA LEE-ANDERSEN

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finding the right ToolsThere has been much speculation on how the federal govern-

ment,currentlyledbyaConservativeminority,isgoingtodesign

its response toclimatechange.The federalgovernmenthas,at

its disposal, a range of policy tools with the potential to turn

theclimatechangechallengeintoanopportunityforeconomic

growth and technological innovation with the ultimate goal of

turningCanada’seconomyintoonebasedonlowcarbonemis-

sions.Whatevertheapproach,itisclearthatCanada’sindustries

and citizens are looking for leadership on the climate change

issue.Thisarticlewillconsidersomeofthetoolsthatareavail-

abletopolicymakersandlookathowthesetoolsarebeingused

in regions around the world.With a growing number of policy

tools being implemented around the world to combat climate

change,thereisnoneedtore-inventthewheel.Themostlikely

scenarioisthatCanadianpolicymakerswilluseacombination

of mechanisms to meet our climate change obligations, rather

than a single one. The three tools with the most potential in

Canada, both economically and politically, are: (i) emissions

trading; (ii) voluntary carbon markets; and (iii) carbon capture

andstorage.

Attheprovinciallevel,AlbertaisthefirstprovinceinCanada

to introduce legislation requiring large emitters to reduce their

greenhousegas(GHG)emissions.Movingswiftlytoimplementits

new regulatory regime, Alberta’s Specified Gas Emitters Regulation

(the“Regulation”)cameintoforceonJuly1,2007,requiringlarge

emitters of GHG gases in the province to meet new intensity-

basedreductiontargets.Forfacilitiesestablishedpriorto2000,this

meansthatasofJuly1,2007,theymusthaveachievedemission

reductions of 12% off their baseline emissions intensity (which

is based on their average emissions intensity from 2003-2005).

Whilethereisnograceperiodforestablishedfacilitiestoachieve

this 12% reduction, there is a ramp-up period for new facilities

establishedafter2000.

emissions TradingFor many governments and businesses worldwide, the carbon

marketandemissionstradinghavebecomekeytools inmanag-

ingthefinancialrisksandopportunitiesassociatedwithmeeting

one’s GHG emissions obligations. In particular, emissions trad-

ing is seenasa complementaryactivity to increasingefficiency.

According to the International Emissions Trading Association

(IETA), by the end of 2005, carbon funds totalling over US $3.7

billion had been assembled by governments and private banks.

Generally speaking, the term “emissions trading” encompasses

twomaintypesofsystems–thefirstisa“capandtrade”system

andthesecondisanoffsetsor“credittrading”system.TheKyoto

Protocol provides for both types of systems at the national and

internationallevels.

Cap and Trade systemsUnderacapandtradesystem,agroupofemittershasaquantita-

tivelimitplacedontheiraggregateemissionsoverafixedperiod

oftime.Theoverallcapmaybefixedwhereanabsoluteamountof

tonnesofemissionsisestablishedattheoutset.Alternatively,the

capmaybedynamicwherethereisanindexedvariable(forexam-

ple,emissionsperGDP).Withadynamiccap,thetotalamountof

tonnesof thecapwillnotbeknownuntil theendof theperiod

whentheperformanceofthevariableisalsoknown.Oncethecap

isprescribed,itisallocatedintheformoftradableemissionunits,

orallowances,amongthegroupofemitters.Theemitterwillhave

theobligationtomatchtheemissionsofitssourceswithemission

units. Inpractical terms, thismeans that theemittermusthold

and retire a number of emission units equal to their emissions

over the prescribed period. Units are typically held and retired

in a registry, which may be established and administered by a

governmentalauthority.Oncetheemissionunitsareretired,the

unitscannotbeusedagain.

Underadomesticcapandtradesystem,emissionunitsmay

beallocatednotonlytothesourceemitters,buttootherparties

inordertofacilitateatradingmarket.Itisimportanttonotethat

anemitter’stargetisnotanindividualcap.Thisiswherethetrad-

ingmarketcomesin.Tradingofemissionunitsenablesflexibility

byallowing the tradingof“undersandovers”.Forexample,one

emitter may find it too costly to reduce emissions to its initial

target.Since itwillnotbeable to lower itsemissionstocomply

withitsinitialquantityofemissionunits,itwillbeshortofunits.

Anotheremittermayfind iteasier toreduceemissionsandend

up with a surplus of units.This dynamic between the emitters

setsthestageforthecarbontradingmarket.Thekeyelementsof

acarbontradingmarketare:

The federal government has, at its disposal, a range of policy tools

with the potential to turn the climate change challenge into an

opportunity foreconomicgrowthandtechnological innovationwith

theultimategoalofturningCanada’seconomyintoonebasedonlow

carbonemissions.

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• emitterswillingtobuyemissionunits;

• emitterswillingtosellemissionunits;

• abilitytoaccuratelymeasureandverifyemissions;

• aregistrysystemtotrackandholdemissionunits;and

• complianceandenforcementprocedurestoensuretheviability

ofthemarket.

Emitterswilltypicallyenterintoarrangementswhereoneparty

pays another party in exchange for a specific quantity of GHG

emission reductions, either in the form of allowances or cred-

its that the buyer can use to meet its compliance objectives.

Paymentforemissionreductionscanbemadeusingcash,equity,

debt or in-kind contributions such as providing technologies to

abateGHGemissions.

Cap and trade systems are premised on the concept of

an “absolute” target, which specifies a fixed reduction rela-

tive to a historic baseline. In contrast to the absolute target

is the “intensity” based approach to emissions management.

Alberta, forexample,hasoptedtoproceedwithintensity-based

targetsratherthanabsolutetargets.Emissionsintensityisoften

defined as the quantity of specified gases released by a facility

perunitofproductionfromthatfacilityandisawayofmeasur-

ingGHGemissionsagainstthevalueofallthegoodsandservices

producedbyacountryorprovince(i.e.GDP).Emissionscanalso

bemeasuredagainstbarrelsofoil,permillioncubicfeetofnatu-

ral gas, per tonne of coal, or per megawatt hour of electricity.

Intensitytargetsspecifyemissionreductionsrelativetoproduc-

tivityoreconomicoutput,meaningthatthetargetswillfluctuate

fromyeartoyear.

Criticsofintensity-basedsystemsarguethatintensitytargets

arelesseffectivethanabsoluteonesbecauseoverallemissionscan

still rise with increases in production. However under intensity-

basedsystems,thereisoftenastrongincentivetoimproveenergy

efficiencyandmaybebeneficial(andmorepalatable)toindustries

in developing countries.The variable nature of intensity targets

may act as a constraint on the recognition of intensity-based

credits by other systems (such as a cap and trade system) and

the ability to trade intensity-based credits in different systems.

Asmoreemissionstradingsystemscomeonlineoverthenextfew

years,marketparticipantswilllikelyseeeffortstoharmonizestan-

dardstoensureboththequalityandviabilityoftradingsystems.

Offset Trading systemsAnother form of emissions trading is the offset trading system.

Oftenreferredtoas“credittradingprograms”,thesesystemshave

built-in flexibility that enable emitters to meet their obligations

throughalternative“offset”activities.Carbonoffsettingrefers to

the purchase of GHG emission credits to compensate a carbon

footprint,i.e.theGHGemissionsassociatedwithagivenactivity,

product,productionprocess,country,region,company,orindivid-

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ual.Thesecredits,whicharetradable,aregeneratedfromprojects

thatreduceGHGemissions.Forexample,theKyotoProtocolallows

for offset trading through the Clean Development Mechanism

(CDM),whereinvestmentinprojectsindevelopingcountriesthat

reduceemissionsareconsideredanacceptableoffsettoemissions

reductionsthatcouldoccurinindustrializedcountrieswithKyoto

targets. Therefore by investing in CDM projects in developing

countries, industrialized countries can earn credits that can be

appliedtotheirownemissionreductiontargets.

UnderthepreviousLiberalgovernment,theimplementationof

adomesticoffsetcreditsystemrepresentedakeyprograminits

climatechangestrategy.WhentheminorityConservativegovern-

ment came into power in early 2006, plans for such a system

wereshelved.Howeverinrecentmonths,therehasbeenrenewed

interestbythefederalgovernmentinsettingupadomesticoffset

creditsystemthatwouldenableemitterstogenerateoffsetcredits

byreducingorremovingemissions.Underacredittradingsystem,

theprocessforcreatingcreditstypicallyconsistsofthefollowing

steps:(i)projectvalidation;(ii)verificationofemissionreductions;

(iii) issuance of offset credits; and (iv) trading of offset credits.

The actual trading of credits takes place through institutions

established by the private sector, such as brokers or exchanges.

To ensure that the credits are only used once, they are tracked

throughanationalregistry.

voluntary Carbon MarketsParalleltothegrowthofKyoto-basedcompliancetradingmarkets

hasbeenan increase in thenumberof corporateandvoluntary

offset buyers who have developed Voluntary Carbon Markets

(VCMs).ThemaindriverbehindVCMsistheuseofproject-based

emissionreductionsbypro-activecorporationsseekingtoachieve

self-imposedcarbonreductioncommitments.VCMsarebecoming

an effective means for corporations to manage climate change

issues and demonstrate to the public that they recognize that

climatechangecanandshouldbeaddressedbeyondthescopeof

existingregulations.Inparticular,corporateoffsetinitiativesoffer

anadditionallevelofflexibilitytoallowcorporationsnotonlyto

mitigateemissions,buttoavoidmoreintrusiveregulation.

Corporate offset programs raise consumer awareness and

serve to increase a consumer’s understanding of his/her carbon

footprint (i.e. the amount of GHGs emitted by that consumer’s

directandindirectactions)andcontributiontotheclimatechange

problem. Voluntary offset programs will play a greater role in

thefuturebecausetheyworkhandinhandwiththenotionofa

personalcarbonbudget,oneoftheproposedfundamentalprinci-

plesforapost-Kyotoclimatestrategyintheinternationalarena.

VCMsholdgreatpotentialforCanadianbusinessesandconsum-

ers given the slow pace of regulatory development and lack of

schemesthataredesignedforindustriesotherthanlargeemitters.

ToreachthefullpotentialofVCMs,greatercertaintyisneededinthe

marketinfrastructuretoboostcorporateandconsumerconfidencein

VCMs.Inparticular,auniformorgloballyacceptedstandardofcerti-

fiedemissionreductionsisneeded.Asafirststeptowardscreating

acrediblestandard,theVoluntaryCarbonStandard(VCS)hasbeen

launchedbyIETA,theWorldEconomicForumandtheClimateGroup.

TheVCSmakesuseofawiderangeofproject-specificmethodologies

thathavebeentestedwithCDMprojectsandbuildsonGHGaudit

guidelines fromthe InternationalOrganization forStandardization

(ISO).TheVCSaddressestheneedforliquidityandafullyfungible

commodity in a voluntary market through the Voluntary Carbon

Unit (VCU).Theobjectiveof theVCS is tocreateapublicstandard

toensuretheintegrityofemissionreductionprojects,credibleveri-

ficationprocedures,highqualityemissionreductionsandastrong

registration system. This will enhance confidence among market

users,ultimatelygivingequalvaluetoallVCUs.

Carbon Capture & storageThe sequestration of carbon dioxide (CO2), or carbon capture

and storage (CCS), is becoming an increasingly attractive option

for industry to address GHG emissions. CCS is an approach to

mitigating climate change by capturing CO2 from large point

sourcessuchaspowerplantsandstoringitratherthanreleasing

itintotheatmosphere.InCO2capture,carbondioxideiscollected

fromindustrialprocessesandtheCO2isstrippedoutbychemi-

cal methods. In CO2 storage, the captured gases are directed to

Rockford Land Ltd.➣ Alberta Crown Sales

➣ Freehold Mineral Acquisitions

➣ Surface Acquisitions

Scott Clapperton

[email protected]

Suite 119, 2526 Battleford Ave SW Calgary, Alberta T3E 7J4 287-3500

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various sinks for storage. CO2 can be stored underground or it

can be used in chemical production. Technology for capturing

CO2 is already commercially available for large CO2 emitters.

ThestorageofCO2,ontheotherhand, isadevelopingareaand

research isongoingtofindsuitablestoragesinkswhileaddress-

ingenvironmentalconcernssuchasleakage.CCSholdsparticular

promiseforCanadianindustrygiventheproximityoflargepoint

sourcesofCO2andpotentialgeologicalsinksforCO2.Canadahas

been active in developing techniques to implement CCS and is

promotingtheinclusionofCCSintheUnitedNationsFramework

ConventiononClimateChange.

One project of particular significance is theWeyburn Carbon

Dioxide Monitoring Project, the world’s largest, full-scale, in-

the-field scientific study ever completed involving CO2 storage.

Conducted with the support of the International Energy Agency

GreenhouseGasResearchandDevelopmentProgramme(IEAGHG),

the research took place in the Weyburn area of south-eastern

Saskatchewan, Canada. The four-year, multi-discipline research

studyconcludedthatlargevolumesofCO2cansafelybestoredin

oil-bearing geological formations.The IEA is an energy forum of

25countrieswhoseobjectivesincludeglobalenergypolicydevel-

opmentandtheintegrationofenvironmentalandenergypolicies.

While carbon sequestration is an end-of-pipe solution, it

has the potential to facilitate the storage of significant volumes

of CO2 that would otherwise be emitted into the atmosphere.

Efforts made concurrently to reduce emissions at large point

sources will complement efforts to capture and store CO2.With

CCS, thestoredCO2becomesapurchasablecommodity thatcan

be traded, thus creating added value as opposed to added cost.

Oncecarboncreditsorothereconomicincentivesareintroduced,

theabilitytomeasuretheeconomicimpactofCO2storagewillbe

limited.Thechallengeliesinfindingappropriatestoragesitesthat

willmeettherequirementsofCO2mitigation.Apartfromstorage

ingeologicalformations,storageindepletedoilandgasreservoirs

anddeepsalineaquifersareviablepossibilities.Researchcontinues

inthisareaandbothAlbertaandSaskatchewanofferstrongpoten-

tial for salineaquiferstorage.To realize the fullpotentialofCCS,

governments will need to facilitate the development of uniform

standardstoimplementandoperatestorageprojectsandtomoni-

torandverifythestoredCO2.ThiswillboostconfidenceinCCSand

giveindustrytheopportunitytoacquirecarboncreditsfortrading.

Learning from Others – A Look at Trading systems Around the worldTheEuropeanUnion’sEmissionsTradingScheme(EUETS)repre-

sents the most advanced effort to formally establish a carbon

marketwhichcreatesmonetaryvaluefromreductioninitiatives.

A mandatory cap and trade system in operation since January

2005, theEUETScoversalmosthalfofEUcarbondioxideemis-

sionsandsawthecompletionofitsfirstfullcompliancecyclein

May2006withthepublicationofverifiedemissionsdatafor2005.

TheEUETSiswidelyviewedasasuccessfulsystem,havingestab-

lishedamarketpricesignalforemissionreductions,accelerated

CDMprojectsandprovidedaverifiedbaselineofactualemissions

whichwillbeused toassessplanned reductions for thesecond

phaseofthescheme.Currentlyhalfwaythroughitsfirstphase,the

ETS has seen weekly traded volumes grow from approximately

1 million to 15 million tonnes. While the market continues to

mature,theroleofEUgovernmentswillbecrucialasthemarket

is completely reliant on regulatory issues. In particular, the EU

governmentswillneedtosetstrictguidelinestoensurecoordina-

tion around the establishment of NationalAllocation Plans and

thereleaseofemissionsdatabyEUmemberstates.

OntheothersideoftheAtlantic,thereareaseriesofcarbon

trading initiatives that are evolving rapidly. In addition to the

development of voluntary markets, the first state and regional

cap and trade programs have emerged within the northeast

(Regional Greenhouse Gas Initiative) and western (California)

UnitedStates.Perhapsnotsurprisingly,alargecomponentofthe

existing emissions trading market in the U.S. consists of volun-

tary, over-the-counter (OTC) trading among companies in the

U.S., particularly in energy intensive sectors (such as electricity

providers and oil and gas companies). OTC trades are typically

monitored and supported by non-profit independent organiza-

tions (forexample,TheClimateTrust), but canalsobebrokered

between companiesor even within the samecompany. Inaddi-

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tiontoOTCtrading, tradingplatformshaveemergedintheU.S.,

thelargestonebeingtheChicagoClimateExchange(CCX).Atthe

moment,theCCXistheonlylegallybinding,voluntaryemissions

trading platform in North America. However in July 2006, the

MontréalExchangeannouncedjointlywiththeCCXtheestablish-

mentoftheMontréalClimateExchange,thefirstenvironmental

products market in Canada.The Montréal Climate Exchange is

anticipated to be up and running once the federal government

setsoutguidelinesfortrading.UndercurrentCCXrules,members

withdirectemissionscommittoonepercentreductionperyear

over the period 2003 to 2006 (the baseline is calculated on an

averagetakenfrom1998to2001).In2006,netemissionsmustbe

4% below baseline and by 2010, members will be required to

reducetheiremissionsto6%belowtheiraveragebaseline.

January 1, 2009 will mark the implementation date of the

firstmandatorycapandtradesystemintheU.S.Onthatday,the

Regional Greenhouse Gas Initiative (RGGI) will come into effect.

The RRGI currently encompasses seven states – Connecticut,

Delaware, Maine, New Hampshire, New Jersey, New York and

Vermont.ItisanticipatedthatMaryland,MassachusettsandRhode

Islandmayalsojoinbytheimplementationdate.TheRGGIstates

havedevelopedrulesfortheprogramwhichmustbeestablished

atthestatelevelthroughlegislationorregulatoryadministration.

The program covers CO2 from the electric power sector emit-

ted fromgeneratorsof 25megawattsorgreaterwhichburn50%

or more fossil fuel.While the RGGI is limited to the electricity-

producingsector,itservesasanimportantprecedentandpossible

precursortoanation-wideGHGcompliancetradingsystem.

In the context of climate change action, much of the focus

has recently centred on California. In recognition of its posi-

tionasthe12thlargestemitterofGHGsintheworld,California

launched a series of legislative initiatives in August 2006 to

reduceitscarbonfootprint.ThelegislationenablestheCalifornia

Air Resources Board (CARB) to adopt market-based compliance

mechanisms. However it is unclear how, if at all, CARB will

adopt market mechanisms and the regulatory authorities have

until2010toworkoutthedetails.TheCaliforniaPublicUtilities

Commission and California Energy Commission have been

pro-active inaddressingGHGemissionsandanumberof their

programsareexpectedtousetradingandoffsetmechanismsas

partoftheircomplianceoptions.

In Australia, proposals are underway to implement the

Australian Greenhouse Gas Emissions Trading Scheme (AETS),

which is aimed at reducingAustralia’s GHG emissions to 60% of

2000 levels by 2050.The proposedAETS will be a cap and trade

system,withprovisions foroffsets tobeseparatelycreated from

domestic emission reduction projects and the potential to link

withtheglobalcarbonmarket.TheAETS,whichwilloperatewith

permitsthatrepresentarighttoemitonetonneofCO2equivalent,

willbeginin2010withtheparticipationofelectricitygenerators.

By 2015, theAETS will be extended to stationary energy sources

that emit more than 25 kilo tonnes of CO2 per year (including

installations burning fossil fuels, gas retailers, gas transmission

anddistributioncompanies).Onceextended,theAETSwillaccount

for45%ofAustralia’sGHGemissions.AuniquefeatureoftheAETS

is that it acknowledges the vulnerability of certain companies

(i.e.energy-intensivecompanies)thatmaybeplacedatacompeti-

tive disadvantage as a result of having to reduce emissions.

TheproposedAETSwillextendbreakstothesecompaniesthrough

the freeallocationofpermits tocompensate for increasedcosts.

AustraliaisalsoamemberoftheAsiaPacificPartnershiponClean

Development and Climate along with China, India, Japan, the

RepublicofKoreaandtheU.S.DesignedtocomplementtheKyoto

Protocol,thispartnershipisstillinitsearlystagesandtheparties

areintheprocessofdevelopingguidelinesthatfocusonlowemis-

siontechnologiesandimprovingenergysecurity.

getting our Act TogetherUnder increasing pressure both nationally and internationally,

Canadaisfinallyembarkingonitsjourneytobecomealowcarbon

economy.Withitsvastforests,uniquegeologicalformations,and

agricultural production, Canada has significant market poten-

tial for thegenerationofbiologicalandgeologicaloffsetcredits.

Longgovernedbyregulatoryuncertainty,Canadianindustryand

individualsalikearelookingaheadtosomelong-anticipatedlead-

ershipontheclimatechangeissue.m

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2007 CAPL ConferenceThe PrOgrAM COMMiTTee is exCiTed TO hOsT An OuTsTAnding LineuP fOr The 2007 COnferenCe “CONSTANT CHANGE – THE GREAT OxyMORON”.Inkeepingwithourtheme“ConstantChange”wearefeaturinga

widevarietyoftopics.

Startofftheconferencewithaninspiringlessononthe“Success

PracticesoftheBestPerformers”presentedbyRobinSharma,alead-

ershipexpertandbestsellingauthor.Thenit’sovertotheFrontenac

Room to hear two of Canada’s leading futurists David Baxter and

Andrew Ramlo. They will discuss “Canada’s Labour Shortage as a

Context for the Petroleum Industry”.Their witty, provocative style

andagedifferenceprovideaninterestingdiscussiononthesubtleties

behindthenumbers.ThenChiefClarenceLouiewilltellthestoryof

theOsoyoosIndianBand–“FromSpendingMoneytoMakingMoney”.

Theaudiencewilllikelybesurprisedbyhisnononsensestyle.

Getting hungry? On to the lunch session which features

Canada’s most famous Environmentalist, David Suzuki.

Thisshouldbeaveryinterestingdiscussionentitled“GoodNews

for a Change: Sustainable Development and the State of the

Environment”.Bookswillbe forsaleandDavidwillbeavailable

forapost-lecturebooksigning.

We d n e s d a y

morning opens

with a stirring

account of the

failures of the

United Nations

in Rwanda by Lieutenant-General The Honorable Romeo

A. Dallaire. His powerful delivery will definitely impact the

audience. The mid morning discussion “Coal Seams and Gas

Shales: Unique Rocks – Unique Opportunities & Canadian

Experience” features Dr. Marc Bustin from the University of

British Columbia. Dr. Bustin is a Principal in CBM Solutions

Ltd. which is a company familiar to many CBM players.

The program will conclude with Sherron S. Watkins also

known as the “Enron Whistleblower”. Sherron will relate her

experiencesandprovideinsightintothelessonslearned.

I would like to recognize and thank the committee for their

creative thinking and outstanding efforts: Brad Campbell, Chris

Palacz,MargaretElekes,GjoaTaylor,andMichaelGalvin.

On behalf of the committee I am proud to bring you an

excellent, content filled program. I’m confident that you will be

compelled toattendeverysession for fearofmissing the“most

talkedabout”program!

Donna Phillips

2007 Program Chair

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Board BriefsThe key issues discussed and

resolved at the CAPL board of

directors’ Meeting held June 5,

2007 at the CAPL Office:

• Guests Mary-Jo Case, Chairman of the 2007 Conference and

Catherine Lalonde, Finance Chairman, provided the following

update:

• 83%ofthetargetforroomshasbeenreachedatthehotel.

• As at May 31, 2007 there were 74 delegates and 36 guests

registeredfortheConference.

• There is a maximum of 55 people per session for “Sunday

School”,with the followingnumbers reportedasatMay31,

2007:

• NaturalGasfromCoal 19

• FiduciaryDuties 12

• AboriginalConsultation 14

• “Sunday School” sessions are free, however a $100 will be

chargedfornoshowstocoverprintingcosts.

• KenGummopresentedaTreasurer’sReportasatMay31,2007

showing CAPL investments totalling $1,113,775.08 Canadian

and $28,829.62 U.S. along with a cash balance of $134,230.65

Canadianand$8,068.48U.S.Therewerenotransfersmadesince

thelastreport.

• MargaretArisspresentednineactiveandfourstudentmember-

ship applications to the Board of Directors, all of which were

approved.

• LevonneLouie,DirectorofProfessionalism,providedthefollow-

inginformation:

• TheCommitteewillbesettinguptimesinthesummeratthe

CAPLofficetoholdinformationsessionsonPOARA.

• TheCommitteeisalsolookingintospaceattheConference

toprovideinformationonPOARA.

• InformationonPOARAwillbeaddedtotheCAPLwebsiteand

informationbrochureswillbeavailable.

• ThenewP.Landexamhasbeenprepared.

• TheP.LandRe-Certificationletterswillbepreparedandsent

outshortly.

• CindyRutherfordremindedDirectorsofthefollowing:

• ThenextBoardofDirectors’MeetingwillbeheldattheCAPL

OfficeonTuesday,August28,2007.

• The JuneGeneralMeetingwillbeheldFriday, June22, 2007

andwillbeapre-StampedenetworkingeventattheRoundup

Centre.ProceedsraisedfromtheeventarefortheAlberta4-H

LegacyFund.m

Dalton Dalik, P.Land

Secretary/Director, Social

CAPL 9-Ball Pool TournamentThe 10Th AnnuAL CAPL 9-bALL TOurnAMenT

washeldThursdayMay17,2007attheGarageinEauClaire

Market and as in past years, a lot of fun was had by all.

Thisyeartherewereover50attendeesandspectators.The

winnersattheendoftheeveningwereasfollows:

Winners: “A”Side:BradPurdy,BillMacDonald

“B”Side:AlanAldridge,MikeJamieson

Runnersup: “A”Side:RobynVandenBon,RKHoward

“B”Side:KelseyWalton,ZekeReimers

On behalf of the committee members I would like to

thankalloftheparticipants,spectatorsandespeciallythe

sponsors listed below.This tournament would not be possible without

theirgeneroussupport.

Aspecialthankstothe20079-BallcommitteewhichincludesClark

Drader,HankRadomskiandBradPurdy.

Murray Wade, Chairman

sponsorsAll west surveys Ltd.

bilmac resources Ltd.

Can-Am geomatics

Cavalier Land Ltd.

Crape geomatics Corp.

daylight energy Corp.

devon Canada Corporation

focus surveys Limited Partnership

geoLOgiC systems Ltd.

heenan blaikie LLP

Maltais geomatics inc.

Mcelhanney Land surveys Ltd.

Mcnally Land services

Meridian Land services (90) Ltd.

Midwest surveys

Monterey exploration Ltd.

Petroland services (1986) Ltd.

Primewest energy inc.

ridgeback exploration

standard Land Company

storm energy Ltd.

Thackray burgess

Tristar Oil & gas Ltd.

world staffing solutionsm

Contact: John Pullar or Ken Holmes800, 734 – 7 Avenue S.W. Calgary, Alberta T2P 3P8

p. 403.571.5263 f. 403.571.5266www.explorersoftware.com

2007EXPLORER™ Software Solutions Ltd.September Update

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CS*Image©

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Oil & Gas Property ManagementConsulting • Information Management Services

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your options . . .your options . . .

Consulting ServicesEXPLORER™’s Consulting Services group provides the oil & gas industry with experienced and qualified consultants for various land department projects and assignments, eliminating clients’ need to search for qualified consultants.

We are currently recruiting for intermediate and senior level land consultants who are skilled in one or more of the following areas: contracts, surface, mineral, joint interest.

For more information or to hire a consultant contact Debra Wade at 571-5295.

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Message from the Executive

AnOTher yeAr hAs TrAns-Pired And The issues, The ChAnges And The ChAL-Lenges wiThin Our business COnTinue TO COMe AT us frOM ALL direCTiOns.TheFAM

(Field and Acquisition Management)

Committee is hard at work responding to the many requests

for input, direction, advice and reflection on the many topics

and regulatory revisions being proposed in the near future.

With increasing frequency we are seeing articles being writ-

ten in local and national publications challenging the status

quo, the integrity of surface land agents, the provisions of the

LandAgentsLicensingAct,theSurfaceRightsAct,andsoforth.

Thesearticlessometimesonlyportrayonesideofthestory;with

inaccurateinformationrequiringrebuttalsandclarificationofthe

erroneousinformation.Werecentlyrespondedtoarequestfrom

The Honorable Ted Morton, Minister for Sustainable Resource

Development,toprovideourcommentsontheproposedchanges

totheSurfaceRightsActpresentedtothegovernmentfromthe

AAMDC (AlbertaAssociation of Municipal Districts & Counties).

Our recommendations were well received which indicates the

governmentunderstandsthecomplexitiesoftheSurfaceRights

Actand its implicationsoneveryone involved.Theyhave taken

the cautious approach to extensively review any proposed

changes and the subsequent impacts before implementing

changes. It is encouraging that regulatory bodies have taken

this approach, giving the FAM Committee the opportunity to

provideinputandadviceonforthcomingchanges.Our industry

isunderincreasingpressurefromSurfaceRightsAdvocatesand

Associationsregardingourethics,licensing,legalrepresentation

etc.Wemustcontinuetoconductourbusinessinthemostprofes-

sional manner possible to avoid situations that may discredit

or cast doubt on our professionalism, integrity and honesty.

These are the foundations of our business and must never be

compromised.The FAM Committee remains dedicated and dili-

gentinitsefforttostayconnectedandinformedrepresentingthe

voiceofourmembershipthroughouttheyearahead.m

R.A. (Rick) Kaminski

Director, FAM Committee

,

Our GIS and CAD professionals provide current WCSB, Oil Sands and CBM maps in conjunction withour extensive in-house data and your proprietary land and seismic datasets. These advanced visuals will give you strategic results.

And now, Divestco proudly offers a comprehensive range of superior land services with the excitingaddition of Cavalier Land. Call us to book your next land sale parcel at 403.264.5188.

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2007 AAPL Meeting and ConferenceThis PAsT June 13-16, 2007 The AAPL gAThered fOr iTs 53rd AnnuAL MeeTing in The CresCenT CiTy, ALsO knOwn As new OrLeAns.ThesameNewOrleansthat

boastsitselfasbeingthemostinterestingcityintheUnitedStates,

wesimplycouldnotagreemorewiththatstatement.

New Orleans has been featured more recently in the after-

mathofhurricaneKatrina,butisactuallyoneoftheoldestcites

intheUnitesStateswitholdworldcharm,urbanexcitementand

ageographicdiversity that fewcities can rival. From thequaint

streetsof theFrenchQuarter,which isconsideredthe“heart”of

NewOrleans,andtheinfamous“BourbonStreet”ladenwithlive

jazz clubs, shops and restaurants to the gentle life style of the

swampsandBayou’sofLouisianawhere“bontemps”(goodtimes)

arehadandwhereonecanobservethenestinggroundsofalliga-

tors, egrets, raccoons, ducks and many species of water snakes

along with the rich history of how the Cajuns turned soup into

gumboandthewashboardintoamusicalinstrument.

TheAAPLmembers,guestsandtheirfamiliesclimbedaboard

the265-footlongSteamboatNatchez,oneofonlyfivetruesteam-

powered sternwheelers operating in North America, for the

opening receptioneveningwhereall inattendancewerecarried

awaytoanothererawiththesoundsofaliveDixielandJazzband

whiletheytookinthesightsofthemightyMississippiRiver.

Several Canadian landmen joined with our US counterparts

forthreedaysofeducationalprograms, informativeguestspeak-

ersandvarioustoursandactivitiesthatincludedcookingschools,

cemeterytours,golfandforsomeitwasachancetogivebackto

the city itself by donating their time to Habitat for Humanity as

theyhelpedinthebuildingofahomeforsomeonelessfortunate.

The Canadians in attendance were thrilled to learn that a

UniversityofCalgarystudentandaCAPLstudentmember,Ryan

Goosen, was awarded the AAPL Outstanding Student Award

for 2007. ForTed Lefebvre and Guy Anderson, both AAPL board

members, this outstanding achievement gave them an opportu-

nitytobragabouttheprogramatUofCandCanadianLandmen.

WelldoneandcongratulationsRyan.

Onthefinalnightoftheconference,attheformaldinnerevent,

itwastimetosayfarewelltoourkindhostsKnuteandAnnieLee

and an opportunity to visit and welcome new AAPL president

Craig Clark and his wife Kendall. For any of our members who

mayhaveanopportunitytomeetCraig,Icanassurethatyouwill

bemostimpressedbythisgentlemen.Craigisoneofthehardest

working volunteers I have met in my career, besides being one

heckofaniceperson.Welookforwardtoseeingallthosethatcan

attendatthe2008AAPLconferenceinChicago,Illinois.m

Guy and Leigh Anderson

AAPL President Knute Lee and Ryan Goosen

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PLUS Gives BackOn behALf Of PLus, i wOuLd Like TO ThAnk everyOne whO heLPed serve dinner AT The CALgAry drOP-in CenTre.Itgoeswithoutsayingthatthe

houryousharedmadeadifferenceinsomebody’sday.

The 2007 PLUS executive strongly believes in promoting

professionalism and giving back to our community. As such,

theseeventsnotonlyhelpthosewhoarelessfortunate,butalso

helpinmoldingusintotheprofessionalswewillbeinthefuture.

Forthoseofyouwhowereunabletomakeit,welookforwardto

seeingyououtforournextvisit.

Aspecial thanks toDr.BobandLandmanCandaceKendrick

(andherdaughter)forattending!m

David Balderston

PLUS UpdateThe 2007 PeTrOLeuM LAnd undergrAduATe sOCieTy (PLus) wOuLd Like TO ThAnk iTs sPOn-sOrs fOr Their COnTinued suPPOrT.This industry

support allows the Society to provide excellent opportunities

forstudentstomeetandnetworkwithindustryprofessionals.

The first event of the 2007/2008 year took place on July 21st.

With the help of Dr. Bob Schulz and Candace Kendrick,

PLUS members volunteered to serve dinner at the Calgary

Drop-In Centre.The 2007 PLUS executive believes in giving back

to our community. We would like to thank all members who

participated.

We look forward to seeing CAPL members at our upcoming

events, including: the Annual PLUS Softball tournament, pool

tournament,wineandcheesenight,meetyourmentornight,and

cabaret.

Our successful activities depend on your continued support.

We look forward to another great year working with CAPL

members.Thankyouonceagain.m

David Balderston

Left to Right: Sukhjeet Sahota, Cale Runions, Daniel Campos, David Balderston, Thomas Crosley, Mandy Cookson, Candace Kendrick, Vanessa Molnar, Dr. Bob Schulz, Ashley Kendrick, Bruce Cameron, and Joelle Dunne. Not pictured: Nicolette Young and Jillian Haneiph

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Get SmartThe CAPL education Committee is pleased to present the following courses:

Production Agreements

september 11, 2007 8:30 a.m. to 4:30 p.m.

This seminar is designed for industry personnel who require a

goodunderstandingofagreementscommonlyusedinrelationto

theproductionofjointventureoilandgas.

PSL Course: Directive 056: AEuB Energy Development Application

& Directive 60: Public Consultation Requirements

september 12 & 13 8:30 a.m. to 4:30 p.m.

This seminar is designed for land agents, land administrators,

operationsengineersaswellasanyotherpersonnelwhomaybe

responsibleforAEUBapplicationsorregulatorycomplianceissues.

Ethics

september 25, 2007 *Full

CAPL Royalty Procedure

september 27, 2007 1:00 p.m. to 4:30 p.m.

This seminar is intended for landmen, administrators, lawyers,

and production accounting personnel requiring a senior level

review of the CAPL Royalty Procedure. Participants interested in

thisseminarshouldhaveabasicunderstandingofroyalties.

PSL Course: Industry Activity And Mitigation Of Groundwater Effects

October 2, 2007 8:30 a.m. to 12:00 p.m.

Thisseminarisintendedtohelplandpersonnelunderstandland-

ownerconcernsregardinggroundwaterrelatedissues.

Well Spacings And Holdings

October 4, 2007 *Full

Geology

October 9 & 10, 2007 8:30 a.m. to 4:30 p.m.

Thisseminarisdesignedforoilandgaspersonnelthatrequirea

generalunderstandingofgeologicalprospectevaluation.Landmen,

technologists and other personnel involved in written or oral

communicationwiththegeologicaldepartmentwillbenefitfrom

attendingthisseminar.

CAPL Operating Procedure Issues

October 11, 2007 *Full

Rights, Privileges, Responsibilities And Obligations

Of Seismic Data Ownership

October 15, 2007 8:30 a.m. to 4:30 p.m.

Thisseminar isofparticular interest totechnologists,profes-

sionalsandmanagerswhomaynotworkdirectlywithseismic

databutareinvolvedinnumerousbusinesssituationsinvolv-

ing seismic data. Land personnel, geologists, engineers, and

even geophysicists will all benefit from the clarity provided

aboutthesepreviouslyunwrittenrulesgoverningseismicdata

intheindustry.

Advanced Surface Rights *NewDate!October 17, 2007 8:30 a.m. to 4:30 p.m.

Thisseminar isdirected towardsmembersof industrywithfive

or more years experience and is intended to summarize and

describeallfacetsofsurfacerightswithintheoilandgasbusiness.

Registrantsshouldconsider“IntroductiontoSurfaceRights”orat

least5yearsoffieldexperienceasaprerequisiteforthiscourse.

1318 – 11th Avenue S.W. 6

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Alberta P&NG Regulations

October 18, 2007 8:30 a.m. to 4:30 p.m.

Thisisintendedforlandpersonnelwhorequireanunderstanding

andworkingknowledgeoftheAlbertaMinesandMineralsActand

associatedregulationsasitrelatestoP&NGtenure.

PSL: Farm And Ranching Practices

October 22, 2007 8:30 a.m. to 4:30 p.m.

Thisseminarisintendedforsurfacelandagentsandotherindus-

trypersonnel.Itwillfocusonallaspectsoffarmingandranching

practices. Upon completion of the course, land agents will have

a basic understanding of the key aspects of farm and ranching

practices.

Royalty Agreements *NewDate!October 23, 2007 8:30 a.m. to 12:00 p.m.

Thisseminar is intendedfor landmen,administratorsandother

senioroilandgaspersonnelwhoworkcloselywithroyaltyagree-

ments.

British Columbia P&NG Regulations

October 23, 2007 8:30 a.m. to 4:30 p.m.

This seminar is intended for land personnel who require an

understanding and working knowledge of the British Columbia

PetroleumandNaturalGasactandassociatedregulations.

Fundamentals Of Oil And Gas Law

October 24 & 25, 2007 8:30 a.m. to 4:30 p.m.

Thisseminar isdesignedfor industrypersonnelwhorequirean

understandingofthefundamentalconceptsofoilandgaslaw.

Also–Don’tMissTheOpportunityForLearningInWhistler!sunday, september 16, 2007

Fiduciary Duties

Aboriginal Consultation

CBM – Emerging Issues & Opportunitiesm

* Please note that CAPL did not launch its online registration on

January 1, 2007 as originally planned. Registration forms can be

downloaded at www.landman.ca and faxed to (403) 263-1620.

Please contact the CAPL office either by phone at 237-6635 or

email [email protected] for more information and stay tuned for

further updates later in the year regarding the online registration

process. Full course descriptions can be found in the 2007 CAPL

Course Calendar which is available online at www.landman.ca.

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new MembersThe following members were approved by a Motion

on June 5, 2007:

Applicant CurrentEmployer SponsorsActive

Bennett,Kristie dominion exploration Jane Mckinnon, P.Land

Canada Ltd. John Miele

walter vrataric

Bisson,Serge Talisman energy inc. william bint, P.Land

rick Tityk

Cam urquhart

Chung,Cindy husky Oil Operations neil Phyper

Limited kofi Prah

william skorenki

Clark,Paul bounty developments Mark Atkinson

Ltd. harold hegland

shawn irwin

Fathers,Robert ranger Land services Mike debolt, P.Land

Ltd. brad goodfellow

Craig kolochuk

Hohn,Jeff scott Land & Lease Ltd. Mark innes

greg Meidinger

James Moore, P.Land

Kruschel,Carla ConocoPhillips Canada karen hertel

denise Le houillier

Melanie storey

Tibbett,Brenda Provident energy Ltd. brian Postma

randy Thomsen

donna ulrich

VanderVeen,Diane bonavista energy Trust Margaret Ann eckhardt

Tim galbreath

Orest humeniuk

Student

Belah,Nawar university of Calgary robert schulz

Cameron,Bruce university of Calgary robert schulz

Fissell,Daytanya university of Calgary robert schulz

Grassi,Stephanie university of Calgary robert schulz m

Roster Updates

On the MoveBrodieAllen enCana Corporation

to evolve surface strategies inc.

GregAndrusiak scott Land & Lease Ltd.

to enCana Corporation

MargaretAriss dominion exploration Canada Ltd.

to baytex energy Ltd.

BradBatten flagship energy inc.

to husky Oil Operations Limited

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DavidBayne,P.Land Primewest energy inc.

to independent

KristieBennett dominion exploration Canada Ltd.

to Paramount energy Trust

RuthBennett,P.Land independent

to enterra energy Corp.

DavidBernatchez bow valley energy Ltd.

to independent

CraigBisschop,P.Land independent

to Canadian natural resources Limited

StevenBradford independent


RichardBrown enCana Corporation

to independent

KimBuchanan nAL resources Management Limited

to Action energy inc.

GregChury,P.Land Angle energy inc.

to independent

BobCox Trident exploration Corp.

to horse river ventures Limited

BradCrowe Thunder energy Trust

to sword energy inc.

JacquelineCurrie,P.Land enCana Corporation

to independent

GordonDainard enCana Corporation

to independent

JohnEdiger devon Canada Corporation

to Meg energy Corp.

SteveElekes Trigger resources Ltd.

to Twin butte energy Ltd.

TimGalbreath Paradise Petroleum inc.

to Torrential energy Ltd.

MarilynGosling samson Canada, inc.

to samson exploration Ltd.

HelenHudson Canadian natural resources Limited

to enerplus group

DwayneIrwin,P.Land Quicksilver resources Canada inc.

to Tundra Oil and gas Limited

CindyJudd,P.Land nAL resources Management Limited

to CJ Land Consulting Ltd.

JimLewis,P.Land sebring energy inc.

to independent

BarbaraLogan Zargon Oil & gas Ltd.

to independent

GwenLydiate MC3 resources inc.

to ichthus Consulting

TerriMartin Mission Oil & gas inc.

to seaview energy inc.

DebbieMcBride shiningbank energy Ltd.

to Primewest energy inc.

LeslyMcCloy Capitol energy resources Ltd.

to Provident energy Ltd.

JaneMcKinnon,P.Land dominion exploration Canada Ltd.

to independent

GoranMihaljevic Thunder energy inc.


MarkMiller Mystique energy, inc.

to Crew energy inc.

RossMortlock,P.Land husky Oil Operations Limited

to independent

BobMosoronchon Tasman exploration Ltd.

to neO exploration inc.

FionaMueller-Thode divestco inc.

to Olympic seismic Ltd.

JohnNesbitt,P.Land Capitol energy resources Ltd.

to independent

DarrenOngyerth rife resources Ltd.


DouglasOrr bunker energy inc.

to independent

KevinOrriss shiningbank energy Ltd.

to Profound energy Ltd.

LancePetersen shiningbank energy Ltd.

to Primewest energy inc.

DonnaPhillips direct energy Marketing Limited

to independent

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In Memoriamit is with deepest sadness that the CAPL announces the recent passing of two long time members.

Earl Wenger

EarlWengerpassedaway June11,2007at theageof74aftera

lengthybattlewithParkinson’sdisease.Earlbeganhiscareeras

alandmaninCalgaryin1952andwassoontransferredtoRegina.

EarlreturnedtoCalgaryin1974.HewasamemberoftheCAPL

forover40years.ThroughouthiscareerEarlworkedatRoyalite

Oil, Producers Pipelines, Dome Petroleum, Midwest Surveys,

Norcen Energy, Enerplus Resources and Pennzoil. Earl enriched

thelivesofthosewhoknewhimandwillbetrulymissed.

Robert Adair

Robert (Bob) Adair passed away July 14, 2007 at the age of 85.

Robert began his career in the oil industry in 1946 in Alvin,

Texas and moved to Calgary in 1950 to work for Stanolind Oil.

HecontinuedhiscareerwithPathfinderOilandGasandtheforma-

tionofhisowncompany,R.N.AdairManagementandZoraydaOil

Co.Ltd.inthemid50s.RobertwasamemberofCAPLsince1950.

He was known to all as a gentleman who loved family, nature,

gardening,poetry,music, theartsand traveling.Hewillbe truly

missedbyallwhoknewhim.m

LeanneQuantz Compton Petroleum Corporation

to independent

LaurieQuinn Mahalo energy Ltd.

to Penn west Petroleum Ltd.

ScottRideout Provident energy Ltd.

to kereco energy Ltd.

BradRouse Talisman energy inc.

to TransCanada

BobRowe Cdx Canada, Co.

to independent

DavidSavage,P.Land sebring energy inc.

to savage Management Ltd.

BillSkorenki husky Oil Operations Limited

to Avenir Operating Corp.

SharleneTamura Canadian natural resources Limited

to ConocoPhillips Canada Limited

RyanB.Thompson scott Land & Lease Ltd.


RyanG.Thompson Canadian natural resources Limited

to harvest Operations Corp.

JamesThomson,P.Land solara holdings inc.

to Painted Pony Petroleum Ltd.

WilliamTrefiak exxonMobil Canada energy

to imperial Oil resources

DonUmbach donzoil Ltd.

renegade Oil & gas Ltd.

AnnWalsh scott Land & Lease Ltd.

to independent

CariWilliams Thunder energy inc.


GriffWitcher dominion exploration Canada Ltd.

to Paramount energy Trust

MaryZbrodoff Jaguar Land group

to Jaguar Land & Outsource Ltd. m

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Distinguished Citizen Awardi wAs reCenTLy surPrised TO be nOMinATed fOr And hOnOred TO reCeive The disTinguished CiTiZenshiP AwArd frOM The CAPL fOr sOMe PhiLAnThrOPiC PursuiTs ThAT My wife And i hAve been invOLved wiTh.I was further surprised with the

incredibly supportive response we received from several of our members

with regard to both the causes that we are supporting and the general

tone of my acceptance speech. I have been asked to reproduce my speech

for inclusion in TheNegotiator; my only hope in presenting this speech

is to encourage anyone who has an interest, to participate in our commu-

nity in a meaningful way… find a cause and support it, passionately!

My fAMiLy hAs been very fOrTunATe TO hAve hAd The OPPOrTuniTy TO Live And wOrk in CALgAry;and, we have had the greater good fortune of finding ourselves

constantly in the company of excellence. Through some hard

workonourpartandagreatdealofhardworkbyotherswehave

foundourselvesinthepositionwheredreamsofthepastaretruly

realitiestoday.

Lesand Ihavealwayssupportedcausesnearanddear tous

withbothourtimeandmoney;now,weareproudthatbecauseof

ourgoodfortunewemaybeabletohaveagreatermorequantifi-

ableimpactonthoseandsimilarcauses.

I know that there are many (actually too many) worthwhile

causes, and that a number of our members are instrumental in

raising both funds and awareness about them. I applaud anyone

whocontributestime,energyormoneytoanycause.Iknowsome

ofthehistoryofthisawardandamflattered,butmostlyamazed

tobepartofthatgroup.Calgarianshavelongbeennotedfortheir

philanthropy and we are fortunate to enjoy the legacy that past

philanthropists have provided the citizens of Calgary. Many are

household names like Nickle, Siemens, Hotchkiss, Gray, Braund,

Rozsa,andCurrie.Thesepeoplehavegivenofthemselveswithboth

time and money and made Calgary the city it is today.We have

overthepastfewyearsexperiencedasmallgroundswellofphilan-

thropyfromayoungergeneration,includingnameslikeDavidson,

Boyce,Brister,Fagerheim,Tumbach,Buzan,McFarlaneandWilson.

Thisnewgenerationofphilanthropistscannotdotheworkalone

andtheyneedrecruits,peoplewhohaveexperiencedgoodfortune

orpeoplewho justwant todedicate some time helping those in

need.Ourgenerationreallydoeshavesomehugeshoestofill.

Philanthropyisabouteducation,fundingresearchintohealth

care, building parks, caring for the homeless and funding the

arts; it covers a broad spectrum of society’s needs and as I

noted previously there are clearly too many worthwhile causes.

The connector between all of these causes is that the people

involvedarepassionateabouttheircause;philanthropyisabout

findingapassionoracauseanddedicatingtimetothatpassion.

LesandIhaveapassionthatincludeskidsandeducation;ithas

resulted in the creation of a private foundation targeting chil-

dren who otherwise could not afford post secondary education.

The Clearinghouse gives Sellers the option of two forms of divestiture market services for properties.Auction – Live and internet bidding on assets valued up to $15MM.Sealed Bid Process – for mid value negotiated transactions on assets ranging from $5MM to $100MM.

NOW ACCEPTING PROPERTIES FOR UPCOMING AUCTIONSThe Clearinghouse is now accepting properties to be sold at our November 29, 2007 live property auction.

Should you wish to sell properties in the auctions or have anyquestions regarding the auction process, please contact us at:

Stephen A. WhiteManager, Business Development

(403) 539-8519

David B. HornPresident

(403) 303-8668

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Wehopetoprovidethemanopportunitytolooktothefutureand

dream of a better life.We have hooked up with 4 high schools

in Calgary and will provide a bursary of up to $5500/year to

qualifyingstudentsforanypostsecondaryinstitutioninCanada.

Thequalifyingcriteriaincludesanumberofthingswiththemost

importantbeingfinancialneedandcharacter.Onceacceptedinto

the program, (subject to basic performance requirements), the

bursarycanberenewedfortherestofthe4yearprogram;when

the program is working at capacity we will be supporting the

dreamsof16youngmenorwomenannually.

Iamalsoinvolvedinpublicfoundation(forwhichdonationsare

alwaysgratefullyaccepted)whichistryingtofundanelementary

schoolbreakfastprogramcalledFuelforSchool;thefoundationis

called The Fuel for School Nutrition Foundation. Again, I have

foundmyselfinthepresenceofexcellenceandbeingabletowork

withtwoverycommittedpeople(EamonHurleyandKellyKerr)in

ourbidtotrytostampoutclassroomhunger.ThousandsofCalgary

kidsgotoelementaryschoolstarving(notjusthungry)everyday.

Thisisnotanutritionprogram;thisisaprogramfightinghunger.

These kids happen to be in circumstances that are not of their

choosingandare,forthemostpart,powerlesstomakeachange.

Fuel for School offers each child a safe and secure environment

andmuchneededfood.Thesekidsareourfutureandweneedto

helpthem.Weareattemptingtomakesurethateveryschoolthat

needsabreakfastprogramhasone…itisabigjob.Wearetrying

toraiseafundof$3-5milliondollarsthatwillcreateanannuity

thatwillallowtheprogramtobeselffundedandreachmostofthe

needy.Ourgoalistoeliminateclassroomhunger…didImention,

“it’sabigjob”?Iencourageallofyoutolookintoyourheartsand

findapassion,findacauseandexperiencethesatisfactionofhelp-

ingothersdoincrediblethingsforourfuture.

As I stated before, I was surprised to hear that I would be

consideredforthisaward.Iverymuchappreciatetherecognition

but I hope to deflect that recognition to the many people who

work tirelessly to make our lives and the lives of all Calgarians

fullerandricher.

As I lookaround tonight I seea lotofpeoplewhoaredoing

wonderfulselflessthingsforourcommunity,butIalsoknowthat

thereismuchmorethatcanbedone,wehavesomuchpotential

forgood,somuchpotentialforchangeandIstronglyencourage

anyonewhowantstogetmoreinvolved,todoso.

Again,thankyouallverymuch…m

Gary Peddle

TheCBE’sFuelForSchoolProgram

• 6600 Calgary children have persistent hunger

needs that are not met.

• 9500 Calgary children have intermittent hunger

needs not being met.

• 1 in 10 Calgary children go to school hungry.

• for approximately $1.50 per serving the fuel for

school nutrition foundation is able to eliminate

hunger and provide security and hope. NOTE: this

problem can be eliminated, all it needs is funding;

this is not a question of technology or research, it’s

only a question of funding.

• The cost of the program is approximately

$12,000.00/ year/school.

The Fuel For School Foundation is devoted to

helping those who are least able to help themselves

as they find themselves in circumstances beyond

their control.

WeAre: • 100% volunteer

• committed to raising a fund that will allow the

program to be self sustaining

• dedicated to transferring 100% of all funds raised

to the feed the children.

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2007 PLM Alumni Charity Golf Classic

The 17Th AnnuAL PLM ALuMni ChAriTy gOLf CLAssiC wAs heLd On JuLy 20, 2007 TO AnOTher sOLd-OuT AudienCe Of Over 160 gOLfers.Sunnyskies,warmtemperaturesandgreatgolfwereonthescore-

cardforthedayandonceagainnooneleftdisappointed!Thisyear

wewilltop$15,000indonationstoourtwocharitiesoftheTourFor

KidsandCalgaryReads.Manythankstoourgeneroussponsorsfor

theirnever-endingsupport inhelpingusimprovethetournament

eachyear.

Congratulations to all the prize winners and thanks to all

the generous companies who supported us with donations.

Once again a huge thank you must be given to the organizing

committeewhoenduredcountlesshoursoforganizingandplan-

ningforthetournament.

Watchfornextyear’stournamentonJuly18,2008.Besureto

sendyourformsinearlyasthisyear’stournamentsoldoutinless

than½hour.Thanksagaintoallparticipantsand let thegames

beginfornextyear!

Nathan MacBey

Chairman

L to R: James Armstrong, Brad Campbell, Jordan Murray

“Exceeding our customers’ expectations and promoting their profitability.”

– Brad Goodfellow

• Freehold Mineral Leasing

• Surface Land Acquisition

• Crown Land Sales

1019 – 13 Avenue S.W. Calgary, Alberta T2R 0L5 Phone: (403) 228-0509 Fax: (403) 228-0840 Email: [email protected]

www.rangerland.ca

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Prize bucket sponsorsAltusGeomaticsLtd.

BearMountainGolf&CountryClub

BlackSheepSportsPub

BrittLandServices

ConocoPhillipsCanadaResourcesCorp.

EdWilliamsMenswear

ExplorerSoftwareSolutionsLtd.

FocusCorporation

GenesisExecutive

HeeanBlaikieLLP

KerecoEnergyLtd.

MaltaisGeomaticsInc.

MarriottHotels

MercatoRestaurant

MerleNorman–MarketMall

NexenInc.

hole sponsorsBaytexEnergyTrust

CavalierLandLtd.

ConocoPhillipsResourcesCanada

DivestcoInc.

GalleonEnergyInc.

HarvestEnergyTrust

McElhanneyLandSurveysLtd.

MidwestSurveysInc.

OpenRangeEnergyCorp.

PetrolandServices(1986)Ltd.

RangerLandServicesLtd.

SeveroEnergy

StandardLandCompanyInc.

TalismanEnergyInc.

TriStarOil&GasInc.

TouchdownLandConsultantsLtd.

WesternLandServicesCo.Ltd.

WildRiverResourcesLtd.

first Tee Prize sponsorsGalleonEnergyInc.

IHS

ScottLand&LeaseLtd.

ThackrayBurgess

beat the hack sponsorDivestco.com

water bottle sponsorLandSolutionsInc.

bus sponsorshipCrapeGeomaticsCorporation

drink sponsorsMillerThompsonLLP

SoundEnergyTrust

Mulligan Prize sponsorsMancalEnergyInc.

M&MMeatShops

hot dogsXITechnologiesInc.

ball sponsorEOGResourcesCanadaInc.

breakfast sponsorsIntrepidEnergyCorporation

water sponsorPrecisionGeomaticsInc.

Cart sponsorCanaccordCapital

driving range sponsorFugroSESLGeomaticsLtd.m

A beautiful day for a round of golf L to R: Craig Thomas, Kevin Koopman, Cory Stewart, Steve Bradford, Gord Howe, Miryah Scott (front), Phil Schnell (back)

We’re not really heroes. We just take our client relationships very seriously. That’s why we will do

everything in our power to ensure that you are well taken care of. Divestco has a comprehensive

offering of land software and services that include a suite of land project tracking tools, a hosted

land management service and a powerful data browsing query tool. As well, our skilled staff have

the training and experience necessary to offer superior service. You might call that heroic. Call

Tish Kilburn at 403.770.0303 or email [email protected] for more information.

Integration is knowledge, expertise andsuper land relationships.

SOFTWARESERVICESDATACONSULTING

700, 707 7 Avenue SWP: 403.237.9170

www.divestco.comTSX: DVT

Garry Cook, Director, Business Development. Just one of our everyday heroes and part of the “i team”. Stay tuned for our next ad in this series to meet other heroes from our team of integration experts.

i Land: Suite of Land Project Management Tools Cavalier Land: Complete Land Services CavaLand: Hosted Land Administration Services LandRite: Land Administration Software MapQ: Data Browsing Query Tool

Wherever you’re reading this, we’ve probably got an office.With offices in key areas throughout the west, we can take the stress out of your land

deals. Scott Land & Lease’s local knowledge, the industry’s most experienced staff,

and superior customer service means you can trust us with projects big and small.

Calgary Edmonton Lloydminster Regina Grande Prairie Fort St. John

403-261-1000 scottland.ca

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CAPL Calendar of Eventsseptember 3 Monday LabourDay 4 Tuesday ExecutiveMeeting 5 Wednesday AlbertaLandSale6–10 Thurs–Mon SalmonFishing 8 Saturday TrapShoot 11 Tuesday ProductionAgreements 12 Wednesday 10KRoadRace 12 Wednesday BritishColumbiaLandSale12–13 Wed–Thurs Directive056:AEUBEnergyDevelopment

ApplicationDirective60:PublicConsultationRequirements

16–19 Sun-Wed 2007CAPLConference 17 Monday GeneralMeeting 19 Wednesday AlbertaLandSale 25 Tuesday Ethics 27 Thursday CAPLRoyaltyProcedurem

October 1 Monday SaskatchewanLandSale 2 Tuesday IndustryActivityandMitigation

ofGroundwaterEffects 2 Tuesday ExecutiveMeeting 3 Wednesday AlbertaLandSale 3 Wednesday Ethics 4 Thursday WellSpacingsandHoldings 8 Monday Thanksgiving9–10 Tues–Wed Geology 10 Wednesday BritishColumbiaLandSale

October (cont’d)

11 Thursday CAPLOperatingProcedure:OverviewofOperationalIssues

15 Monday Rights,Privileges,ResponsibilitiesandObligationsofSeismicDataOwnership

16 Tuesday CAPLPropertyTransferProcedure 17 Wednesday AlbertaLandSale 17 Wednesday AdvancedSurfaceRights 18 Thursday AlbertaP&NGRegulations 18 Thursday GeneralMeeting 22 Monday CSLCourseFarmandRanchingPractices 23 Tuesday BritishColumbiaP&NGRegulations 23 Tuesday RoyaltyAgreements24–25Wed–Thurs FundamentalsofOilandGasLaw30–31Tues–Wed DrillingandProductionOperations 31 Wednesday AlbertaLandSalem

October MeetingThursday, October 18, 2007speaker: Jim MacLean

2007 CAPL Operating Procedure

Cocktails: 5:00 p.m.

Dinner: 6:15 p.m.

Location: Fairmont Palliser Hotel

133 – 9 Avenue S.W.

Cost: No Charge for Members

Guests: $68.90 includes GST

Allmembersarerequiredtoconfirmtheirattendancebyreturnemail

or fax. Only guests are required to purchase a ticket. Please fax or

email requests and guest tickets will be sent to your office with an

invoice.FaxRegistrationFormto(263-1620)Attn:KarinSteersoremail

[email protected]

Friday,October12,2006.m

IHS and CERA invite you to the Canadian Energy Conference.Showcasing IHS and CERA industry experts, the IHS Canadian

Energy Conference will focus on key issues and trends affecting the

Canadian and Global energy industry, provide insight on exploiting

the trends, and demonstrate how harnessing the right tools and

data enable companies to leverage against the competition.

IHS Canadian Energy ConferenceCalgary TELUS Convention CentreTuesday, October 30, 2007

Conference sessions 8:30 am - 4:00 pm (registration required)Open house 8:00 am - 4:00 pm (open to public)

For more information or to register for the conference, please visithttp://energy.ihs.com/cancon2007Negotiator.htm

403 770 4646www.ihs.com/energy

©2007 IHS Inc. All Rights Reserved.

900, 703 6 ave sw calgary ab T2P 0T9403.262.1992www.geologic.com

David HoodLaura BrickLucas Soutzo

geoLOGIC is a proud supporter of the 29th annual CAPL Conference.

geoLOGIC representatives in Whistler:

www.geoscout.com

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