Oilsands Review - September 2006

STATISTICS 15

New Project / Expansion Status

COLD LAKE REGION Owner / Joint Venture: BR Oil Sands Current Project: Orion phase one Type: SAGD Capacity bbl/d: 10,000 Target Commercial Production: mid-2007 Regulatory Status: approved Development Progress: site clearing complete; major construction to begin mid-2006 News: Shell Canada has completed acquisition of BlackRock Ventures, now known as BR Oil Sands. Owner / Joint Venture: CNRL Current Project: Primrose East Type: CSS Capacity bbl/d: 70,000 Target Commercial Production: 2009 Regulatory Status: applied Development Progress: n/a News: Moving through regulatory process. Owner / Joint Venture: Devon Canada Current Project: Manatokan/Iron River Type: primary (CHOPS) Capacity bbl/d: 30,000 Target Commercial Production: 2010 Regulatory Status: Ongoing Development Progress: processing facility under construction, drilling underway. Owner / Joint Venture: EnCana Current Project: Foster Creek expansion Type: SAGD Capacity bbl/d: 2 phases of 30,000 Target Commercial Production: 2008–2009 Regulatory Status: approved Development Progress: early development underway News: EnCana approved both phases in Q2. Owner / Joint Venture: Husky Energy Current Project: Tucker Type: SAGD Capacity bbl/d: 30,000 Target Commercial Production: 2006 Regulatory Status: approved Development Progress: steam injection underway, production expected in Q4 Owner / Joint Venture: Imperial Oil Current Project: Mahikan North Type: CSS Capacity bbl/d: replace existing Target Commercial Production: ongoing Regulatory Status: approved Development Progress: under development News: Imperial reported record production during Q2 production Current Project: Nabiye Type: CSS Capacity bbl/d: 30,000 Target Commercial Production: n/a Regulatory Status: approved Development Progress: investment decision pending

DID YOU KNOW?

• Industry has been open-pit mining oilsands since the 1920s.

Source: Oil Sands Discovery Centre

LLOYDMINSTER REGION Owner / Joint Venture: Husky Energy Current Project: Upgrader Type: expansion Capacity bbl/d: 70,000 Target Commercial Production: 2010 Regulatory Status: awaiting sanction Development Progress: agreements executed with various process licensors News: FEED process to be complete by Q3. Owner / Joint Venture: Synenco Energy Current Project: Northern Lights Type: upgrader Capacity bbl/d: 3 phases total 100,000 Target Commercial Production: 2010 Regulatory Status: n/a Development Progress: application to be submitted by Q4, upgrader will use Unicracking technology. Agrium will purchase certain products for fertilizer agreement signed with KBR for deasphalting process. Owner / Joint Venture: BA Energy Current Project: Heartland Upgrader Type: upgrader phase 1 Capacity bbl/d: 77,500 Target Commercial Production: 2008 Regulatory Status: approved Development Progress: site work and field construction underway News: Board of directors has approved.

Owner / Joint Venture: Athabasca Oil Sands Project Current Project: Scotford Upgrader Type: expansion Capacity bbl/d: 115,000 to 135,000 Target Commercial Production: n/a Regulatory Status: applied Development Progress: approval expected in 2006 Owner / Joint Venture: North West Upgrading Current Project: North West Upgrader Type: upgrader Capacity bbl/d: 50,000 Target Commercial Production: 2010 Regulatory Status: applied Development Progress: open houses underway Owner / Joint Venture: Petro-Canada Current Project: Strathcona Refinery Type: conversion Capacity bbl/d: 135,000 Target Commercial Production: 2008 Regulatory Status: approved Development Progress: site preparation underway, detailed engineering to be complete shortly, construction to start Current Project: Sturgeon Upgrader Type: upgrader Capacity bbl/d: 170,000 Target Commercial Production: 2011 Regulatory Status: n/a Development Progress: application to be submitted late 2006/early 2007

PIPELINES Owner / Joint Venture: Enbridge Current Project: Alberta Clipper Type: AB to Wisconsin Capacity bbl/d: 400,000 Target Commercial Production: 2010 Regulatory Status: n/a Development Progress: in discussions with potential shippers Current Project: Gateway Type: AB to Kitimat, B.C. and diluent return Capacity bbl/d: 400,000 and 150,000 Target Commercial Production: 2010 Regulatory Status: n/a Development Progress: NEB application planned in 2006 Current Project: Southern Access expansion (three stages) Type: AB to U. S. border Capacity bbl/d: 1–148,000 Target Commercial Production: 2008 Regulatory Status: regulatory, board, and permitting approvals Development Progress: announced in July that it is proceeding, has support from shippers Type: U. S. border to Indiana Capacity bbl/d: 2–400,000 Target Commercial Production: 2009 Regulatory Status: permitting approvals Capacity bbl/d: 3-n/a Target Commercial Production: 2010 Regulatory Status: pending Current Project: Southern Lights Type: diluent—U.S. midwest to western Canada Capacity bbl/d: 180,000

Target Commercial Production: n/a Regulatory Status: n/a Development Progress: open season extended Owner / Joint Venture: Altex Current Project: Altex Type: AB to U.S. Gulf Coast Capacity bbl/d: 250,000 Target Commercial Production: n/a Regulatory Status: n/a Development Progress: in discussions with potential shippers Owner / Joint Venture: Kinder Morgan Canada Current Project: TMX (two stages) Type: Edmonton to Burnaby, B.C. Capacity bbl/d: 300,000 Target Commercial Production: n/a Regulatory Status: applied Development Progress: NEB hearings to start mid-August Current Project: TMX2 Type: expansion of TMX Capacity bbl/d: 100,000 Target Commercial Production: n/a Regulatory Status: n/a Development Progress: open season extended Owner / Joint Venture: TransCanada Current Project: Keystone Type: Hardisty to Illinois Capacity bbl/d: 435,000 Target Commercial Production: n/a Regulatory Status: applied to NEB (U.S. approvals also required) Development Progress: NEB oral hearings to begin October 23,2006.

PEACE RIVER REGION Owner / Joint Venture: BR Oil Sands Current Project: Seal Type: primary Capacity bbl/d: 18,000 Target Commercial Production: 2007 Regulatory Status: approved Development Progress: new facility construction and drilling underway

Owner / Joint Venture: Shell Canada Current Project: Carmon Creek Type: CSS-wave steaming Capacity bbl/d: 3 phases total 100,000 Target Commercial Production: n/a Regulatory Status: n/a Development Progress: planning work underway News: Application pending.

Owner: Peace River Oil

Current Project: Bluesky Upgrader Type: Upgrader phase one Capacity bbl/d: 25,000 Target Commercial Production: 2010 Regulatory Status: application pending Development Progress: engineering well underway News: PRO has purchased an anhydrous ammonia plant near McLennan for the future site of the facility.