Conference highlights:

• The resource: geology, production and supply outlook
• Recent and planned policy initiatives
• Ranking B.C.’s shale economics and rates of return in the broader context of North American plays
• Current concerns of those who are in the field now
• Engagement and coordination of the major players
• Facilitating communication and coordination between major stakeholders and First Nations
• Support services available in B.C.
• Recent and planned policy initiatives
• Obtaining a social licence to operate: proposed regulations under the
  Oil and Gas Activity Act
• How to minimize ground water and surface impacts
• Potential path forward
• Connecting gas supplies to markets
• First Nations perspective: what companies are required to do
• Power supply challenges

PROGRAM CO-CHAIRS

Chris Sanderson, Q.C.
Partner, Lawson Lundell LLP (Vancouver)

Lewis Manning
Partner, Lawson Lundell LLP (Calgary)

KEYNOTE SPEAKERS

Gordon Goodman
Assistant Deputy Minister Royalty and Tax Regime, MEMPR

E. Alex Ferguson
CEO and Commissioner, B.C. Oil and Gas Commission

Douglas Bloom
President, Spectra Energy Transmission West, Spectra Energy

Rob Spitzer
VP of Exploration, Apache Canada Ltd.
Chair of the HRB Producers Group

Jim Goldmann
VP, Transportation Services and Development
Alliance Pipeline

Stephen Clark
VP, Commercial West, Canadian and Eastern U.S. Pipelines
TransCanada

SPONSORS

MARKETING PARTNERS

• The program will have most direct appeal to:
• Oil and Gas Company Executives in Business Development, Exploration, Engineering, Planning, Operations and Environment
• Petroleum Landmen
• Geological and Engineering Consultants
• Gas Production Managers and Engineers
• Gas Producers
• Power Generators
• Aboriginal Groups
• Energy Marketers
• Gas Distribution Companies

• Gas Storage and Gas Transmission Companies
• Government Regulatory Bodies
• Pipeline Construction Companies and Pipeline Specialists
• Oil and Gas Service Companies
• Lawyers and In-house Counsel
• Northern JV Specialists
• Geophysical and Drilling Contractors
• Land Administrators and Area Regulators
• Northern Community Relations Coordinators
• Investors and Financial Officers

Dear Colleague:

Unconventional natural gas production from NE British Columbia represents a unique opportunity for B.C. to further diversify its economy and establish itself as a significant, independent player in Canada’s natural gas industry. The reserves in the ground are enormous by any standard and recent technological developments have made those reserves accessible in a way that is attracting major interest from industry. This conference will explore what this potential is, what markets the gas can hope to penetrate, the policies B.C. is establishing to encourage development and the efforts that are being made and will need to be made to provide key infrastructure.

This Insight program will allow those who are already involved in the area the opportunity to learn about the latest developments in government policy, regulatory and judicial decisions affecting development and the development of infrastructure. For those not yet active in the area, the conference will give a timely overview of all aspects of this exciting opportunity. For lawyers with clients operating in these areas, there will be an intensive workshop on the last afternoon focusing on the legal issues that are prominent in NE B.C. development including the extent to which B.C. should be considered a distinct legal environment when it comes to developing its natural gas potential.

The presentations of sessions will give you an in-depth analysis of these issues and give you an opportunity to express your own points of view, ask whatever questions might interest you and network with your colleagues in industry and government.

You will be able to address your questions to the speakers either in each session or informally during breaks. All attendees will receive conference materials, prepared by the speakers, which should be a lasting and valuable resource for you following the conference.

Sincerely,

Chris Sanderson, Q.C.
Partner
Lawson Lundell LLP (Vancouver)

Lewis Manning
Partner
Lawson Lundell LLP (Calgary)

WEDNESDAY | SEPTEMBER 30, 2009

8:00 | 9:00

Registration and Continental Breakfast

9:00 | 9:05

Welcoming Remarks from Insight

9:05 | 9:15

Opening Remarks from the Co-Chairs

Chris Sanderson, Q.C.
Partner
Lawson Lundell LLP (Vancouver)

Lewis Manning
Partner
Lawson Lundell LLP (Calgary)

9:15 | 10:00

The Resource: Geology, Production and Supply Outlook

Dr. Vic Levson
Executive Director
Resource Development and Geoscience Branch
Oil and Gas Division, MEMPR

Geology of northeast British Columbia: Conventional and unconventional natural gas resources and reserves, Horn River, Montney and other plays.

• Update on natural gas production, reserves and resources in NEBC
• Conventional, tight gas (e.g. Montney, Cadomin, Jean Marie), and shale gas (e.g. Horn River Basin)
• New potential growth areas: northern Montney, Foothills, Liard Basin, and new shale plays

10:00 | 10:45

Role of the Regulator: Preparing for an Unconventional Shift

E. Alex Ferguson
Chief Executive Officer and Commissioner
B.C. Oil and Gas Commission

• Role of the regulator in British Columbia
• North American shift to unconventional gas development
  • B.C. world class plays competing in a North American market
• Preparing for an unconventional shift
  • regulatory reform – responsive and predictable
  • Oil and Gas Activity Act operational and technical regulations – public interest, safety, stewardship
• Preparing the organization
  • technical capacity
  • recruitment and retention
  • ready for growth post recession – protecting what we built in tough economic times
  • measured and transparent – approachable

10:45 | 11:00

Networking Coffee Break

11:00 | 11:45

The Markets: Where is B.C. Shale Gas Competitive?

Chris Theal
Managing Director, Institutional Equity Research
Tristone Capital Inc.

B.C. shale plays have to compete for capital amongst a growing number of high resource potential shale plays in Canada and the US. This session will look at the market dynamics specific to B.C. shale gas development, including fiscal take, costs, transportation to market and rank B.C.’s shale economics and rates of return in the broader context of North American shale and conventional gas plays.

11:45 | 12:45

The Producers Perspective on One of the Most Prolific Plays in North America

Rob Spitzer
Vice President of Exploration
Apache Canada Ltd.
Chair of the HRB Producers Group

• The Horn River basin shale play has the potential to be one of the most prolific in North America
• Early engagement and coordination of the major players is preferable to a more “random traditional” approach for all concerned
• The Horn River Basin Producers Group (HRBPG) was formed to facilitate communication and coordination between major stakeholders and First Nations
• Eighteen months after inception there has been significant progress however, there is much to be done

Kim Brenneis
Manager, Stakeholder Relations
North American Operations
Talisman Energy

• The attractive economics of the Montney shale gas plays
• Coordination between major stakeholders and First Nations
• Strategy for profitable long-term growth

12:45 | 2:00

Networking Luncheon

2:00 | 2:45

Recent and Planned Policy Initiatives

Gordon Goodman
Assistant Deputy Minister, MEMPR
Royalty and Tax Regime

• Are recent and planned policy initiatives producing the environment necessary to optimize development?
• Obtaining a social licence to operate proposed regulations under the
  Oil and Gas Activity Act

2:45 | 3:00

Networking Refreshment Break

3:00 | 3:45

Minimizing Ground Water and Surface Impacts

Dr. C.D (‘Lyn) Anglin
President and Chief Executive Officer
Geoscience BC

• Key challenge in developing Horn River Basin (HRB) is to find sources of subsurface water and sites for disposal of produced water in order to reduce use of or impact on surface water and potable groundwater
• Funded with a grant of $5 Million from the Province of B.C., Geoscience B.C. is undertaking a joint geoscience research project with the HRB Producers Group
• The HRB Aquifer Characterization Project is examining subsurface aquifers in the HRB to identify those that may be capable of producing high volumes of water , and also capable of accepting disposal of large volumes of spent fluids
• The results of the project will include: a stratigraphic framework for subsurface aquifers in the Basin; a hydrogeological framework of the subsurface aquifers, including reservoir capacity and productivity/injectivity potential and water quality assessment
• Results from the Aquifer Characterization Project should be available in Fall 2009 to support HRBPG planning for the 2009/2010 drilling season

3:45 | 4:30

Optimizing Opportunities for Northeast B.C. Gas Development

David Molinski
Principal, OnPoint Consulting Inc.
Victoria British Columbia

Former Assistant Deputy Minister, MEMPR

• British Columbia’s natural gas sector has grown significantly over the past decade. This growth was driven by the provincial government making the right policy decisions supporting unconventional natural gas development, matched with industry’s interest in investment opportunities
• Today, British Columbia is sitting on the verge of a natural gas renaissance, with the right policies and actions, natural gas reserves and production will increase substantially
• This presentation will discuss the policy decisions facing the provincial government over the next decade and provide a potential path forward that will help unlock
  British Columbia’s natural gas wealth

4:30

Day One Summing up Comments from the Co-Chairs and Conference Adjourns for the Day

THURSDAY | OCTOBER 1, 2009

8:15 | 9:00

Continental Breakfast

9:00 | 9:15

Opening Comments from the Co-Chairs

Chris Sanderson, Q.C.
Partner
Lawson Lundell LLP (Vancouver)

Lewis Manning
Partner
Lawson Lundell LLP (Calgary)

9:15 | 10:30

Connecting Gas Supplies to Markets

Douglas P. Bloom
President, Spectra Energy Transmission West
Spectra Energy

• Spectra’s long history and expansive role in northeast B.C. gas development
• The growth of unconventional gas – getting new gas to market
• Leveraging and growing existing gas infrastructure in B.C.
• Getting it right – key development issues for industry and stakeholders

Stephen Clark
Vice President, Commercial West
Canadian and Eastern U.S. Pipelines
TransCanada

Building the Horn River and Groundbirch projects as integrated extensions of the Alberta System:

• Laying the foundation – jurisdiction
• The value proposition – integration
• The projects – Horn River and Groundbirch

Jim Goldmann
Vice President Transportation Services and Development
Alliance Pipeline

• One stop service for natgas and liquids
• Market access for growing B.C. production
• Interconnection with other transporters for regional solutions
• Gathering Receipt Service and Canadian Delivery Service

10:30 | 10:45

Networking Coffee Break

10:45 | 11:45

First Nations Perspective

Geoff Plant, Q.C.
Partner
Heenan Blaikie LLP

What companies are required to do and what should they do:

• Balancing constitutional obligations and business realities
• B.C.’s New Relationship
  • success and challenges
  • making sense of shared decision-making

Chief Kathy Dickie
Fort Nelson First Nation

Chief Dickie will be discussing the unique relationship between First Nations and the Horn River Basin area and her views on the appropriate path for exploration and development.

11:45 | 1:00

Power Supply Challenges

Lewis L. Manning
Partner
Lawson Lundell LLP (Calgary)

Regulatory issues:

• Existing Alberta and B.C. framework
• Key emerging issues

John Rich
Manager, Generator Interconnection and Transmission Services
BC Hydro

The presentation will provide an overview of resource planning fundamentals

• What load are we planning for?
• What supply options are available to serve the load?
• What are the risks and uncertainties that need to be considered (e.g., GHG emissions management, load uncertainty)?

Bill Strongman
Director, Regional System Planning
AESO

The presentation will focus on the AESO planning for the Fort Nelson issues

1:00 | 2:00

Networking Luncheon

2:00 | 2:30

US-Canadian Shale Gas Development - Neutralizing Russian Energy Threat to Europeans

Kenneth B Medlock III, PhD
James A Baker, III and Susan G Baker Fellow in Energy and Resource Economics
James A Baker III Institute for Public Policy
Adjunct Professor, Economics Department
Rice University

2:30 | 4:45

B.C. Legal Issues

S. Bradley Armstrong, Q.C.
Partner
Lawson Lundell LLP

Brian Fulton
Partner
Lawson Lundell LLP

Chris W. Sanderson, Q.C.
Partner
Lawson Lundell LLP

Gordon Weatherill, Q.C.
Partner
Lawson Lundell LLP

Establishing Operations in B.C.

• Hiring & managing staff
• Contracting for services
• Understanding and obtaining provincial government incentives/grants
• Provincial tax regime

Developing Resources in B.C.

• Relationship with First Nations
  • when to consult
  • substance of benefits agreements
• Relationship with Surface Rights Holders
• Key Regulatory Regimes
  • EAO
  • OGC
• Disputes with other Tenure Holders

Producing in B.C.

• Workers’ safety and environmental regulations
• Tax issues

Raw Gas Transportation & Processing

• Construction of raw gas pipelines and related facilities
• Contacting for raw gas transportation and processing from unregulated third parties
• Obtaining regulated services from Spectra

Carbon Storage in B.C.

• B.C. statutory regime
• B.C.’s participation in WCI and related developments

Dispute Resolution in B.C.

(Refreshment break will be announced)

4:45

Register 3 delegates for the main conference at regular price at the same time and you’re entitled to register a fourth person from your organization at no charge. For other group discounts, please call 1-888-777-1707. All discounts must be redeemed when booking, discounts will not be valid or applied after this time.