CANADIAN OIL SANDS SUMMIT

FEBRUARY 13, 2012

5:00

Gala Dinner Registration

5:30

Networking Cocktail Reception

Sponsored by

6:30

Gala Dinner

7:45

Special Guest Speaker:

Ezra Levant
TV News Anchor, Best-Selling Author & Provocateur

Ezra Levant knows when to talk – but he knows when to rant, too! As Canada's best-known Conservative pundit, Levant's talks are energetic, entertaining, articulate, insightful, controversial, and sure to provoke a great deal of discussion and debate. His first book, Shakedown, details his experience after being charged by the Alberta human rights commission in 2004 in connection with his work for his magazine, the Western Standard. His 2010 best seller, Ethical Oil: The Case for Canada's Oil Sands, won the National Business Book Award, and continues to cause a stir in "eco" circles all over the world.

Speakers' Spotlight is North America's most innovative speakers bureau, representing the most extraordinary speakers, leading thinkers, inspiring individuals and expert trainers. Working with clients throughout North and South America, Europe, the Middle East, Asia, Australia and New Zealand, our mission is to change the world by helping put the right speaker in front of the right audience, at the right time. Visit our website at www.speakers.ca

FEBRUARY 14, 2012

8:00

Registration

Continental Breakfast

Sponsored by

9:00

Welcoming Remarks from Insight Information

9:05

Opening Remarks from the Co-Chairs

Robert J. Mason
Managing Director
Head of Oil Sands, Investment Banking
TD Securities Inc.

David M. Wadsworth
Americas Director
Chevron Lummus Global

9:15

Welcoming Address

The Honourable Ted Morton 
Minister of Energy, Alberta

9:35

Gaining Ground in the Sands 2012: Major Trends and Opportunities in the Oil Sands Industry

Chris Lee 
National Energy and Resource Industry Leader
Deloitte

Van Zorbas
Partner
Deloitte

This presentation will provide an overview of three areas of importance that producers, regulators and public stakeholders will need to consider going forward:

• The people equation – recruiting, managing and retaining skilled people across the sector
• New thinking – new approaches in key areas that are critical to orderly and sustainable development of oil sands resources
• Going to the next level – the implications, the responsibilities and the promise of Canada's eventual emergence as an energy superpower

Van Zorbas will provide the audience with a broader discussion around the people equation and address the labour issues that the oil sands industry continues to face.

10:15

Global Petroleum Market Risks and Impacts

Stephen N. Fekete
Managing Consultant
Purvin & Gertz, Inc.

• Global petroleum market drivers and outlook
• US Midcontinent issues and crude differential outlook
• Canadian crude oil market outlook

10:45

Local Social and Economic Impacts of Oil Sands Development from a Municipal Perspective

Michael Evans 
Division Manager, Stakeholder Relations
Regional Municipality of Wood Buffalo

Situated in the heart of the Athabasca oil sands, the Regional Municipality of Wood Buffalo faces a number of challenges and opportunities stemming from rapid oil sands development. High costs of housing, transportation and other municipal infrastructure deficits, and economic leakage all represent challenges to developing a holistic, sustainable community. Recently, the Municipality has entered into agreements with industry partners to mitigate the negative impacts of this development. These agreements are not focused on financial compensation; rather collaboration and mutually beneficial partnerships. As industry and the communities within the Municipality expand, there will be more opportunities to work together on various initiatives.

The Municipality will be presenting on the challenges with rapid growth, collaborative solutions developed with industry, and opportunities for further partnerships with industry and local stakeholders.

11:15

Networking Coffee Break

Sponsored by

11:30

Creating Further Value in the Oil Sands Industry

Lars Christian Bacher
President
Statoil Canada

• Statoil comes to Canada: what's with the Norwegian oil company with the magenta logo?
• Managing a world-class resource in a world-call manner: reputation, the environment and maintaining the social licence to operate
• Statoil's global approach to R&D: the establishment of the Heavy Oil Technology Centre and CO2 reduction ambition
• Managing risk (technical/financial and political) in order to maximize shareholder value

Gary Houston
Vice President of Northern Light Project
Total E&P Canada

• Maximizing value from the oil sands – world class resource and one of Canada's most important assets
• Addressing a number of issues including access to markets and fair-pricing
• Investments in R&D to improve efficiencies
• Value added opportunities to refine locally
• Creation of shared value for stakeholders in terms of managing the environment, job creation, and building capacity in communities
• Integration, collaboration and focus across a range of issues will be the singular approach for our industry to achieve success

Ian MacGregor 
Chairman
North West Upgrading Inc.

• Building the first bitumen refinery in the world with integrated CO2 management
• Capturing differential and refining margin in one facility
• Enabling new industries in Alberta: fuels, petrochemicals and enhanced oil recovery
• Using today's technology to produce the best environmental performance in the world
• Doing it in Alberta, today

1:00

Networking Luncheon
Sponsored By

2:15

Luncheon Address

Fueling Innovation: Attracting and Retaining Knowledge Workers in Competitive Markets

Carl Farrell 
Executive Vice-President, Americas
SAS

The increasing complexity and competitiveness of the energy sector continues to drive demand for high-end human capital to support business growth. SAS is a leader in innovation in the business analytics software market in multiple industries, and was recently named the #3 company to work for in the US and #2 worldwide, according to the Great Place to Work Institute. Innovation is a key component of SAS' success in delivering value to its customers. In this talk, Carl Farrell will discuss key strategies for attracting and retaining skilled workers including employee empowerment, engagement and work/life balance.

2:45

Creating Further Value in the Oil Sands Industry Continued...

Chris Bloomer 
Vice President, Heavy Oil
Petrobank Energy

Based on the success of the current Whitesands Demonstration Project, Petrobank is planning a greenfield commercial THAI® project, the May River Project:

• Status of the first module (Phase-1) haviSng the capacity to produce 10,000 to 15,000 bbl/d of partially upgraded bitumen
• Expansion stages with the production capacity ultimately reaching 100,000 bbl/d
• Design improvements and new production processes
• Improve the timing of the necessary regulatory approvals

Ken James 
Co-President and Co-CEO
Oak Point Energy Ltd.

Superior SAGD development through applied engineering innovation.

John V. Pearce 
Chief Executive Officer
Grizzly Oil Sands

• Grizzly's ARMS development model increases value in the Oil Sands
• Update on Grizzly's Algar Lake project
• Reserves upside with technology development

Sveinung Svarte
Chief Executive Officer
Athabasca Oil Sands

Athabasca Oil Sands tests TAGD at Dover West:

• Athabasca Oil Sands Corp.'s 2.5 million acre portfolio of oil sands and prospective oil and liquids-rich gas at Dover West and in the deeper Leduc carbonate reef
• Recovery tests at Dover West using thermal assisted gravity drainage (TAGD)
• Delivering production at temperatures considerably lower than those required for Steam Assisted Gravity Drainage (SAGD)
• TAGD benefits: that it requires substantially less water than steam recovery methods
• Considering cogeneration to more efficiently generate electricity for TAGD and steam for the planned Dover West clastics operations
• Planning for commercial development phase operation as early as 2018, depending on results from the field testing and pilot projects

Networking Refreshment Break will be announced

5:00

Conference Adjourns for the Day

FEBRUARY 15, 2012

8:00

Continental Breakfast

9:00

Economic and Financing Environment for Oil Sands Projects

Robert J. Mason 
Managing Director
Head of Oil Sands, Investment Banking
TD Securities Inc.

9:30

Federal and Provincial Regulatory Oversight Changes

Dana Woodworth
Chief, Oil Sands Strategy and Operations
Alberta Energy

The presentation will focus on the current perspective on oil sands development including
an update on the Regulatory Enhancement Project.

Duff Harper 
Partner, Head of the Environmental Group (Calgary)
Blake, Cassels & Graydon LLP

• Land use and water restrictions
• GHG emission restrictions
• Federal and provincial regulatory oversight changes

10:30

Networking Coffee Break

Sponsored by

10:45

U.S. Laws/Events That Could Impact Demand

Eugene E. Smary
Partner
Warner Norcross & Judd LLP

• Cross-border infrastructure status
• GHG-focused litigation trends
• Energy security developments
• Alternative domestic sources

Sheila Slocum Hollis
Chair of the Washington, D.C. Office
Duane Morris LLP

US Energy Policy: an over view of the state of play – the best of times and the worst of times.

11:30

Finding New Ways to Markets

James Cairns 
Vice President, Petroleum and Chemicals
CN

• Rail as a complement to pipeline
• Drivers for crude by rail programs
• Access new markets to increase netback

Jeff Marchant
Vice President, Oil Sands Development
Inter Pipeline Fund

• Inter pipeline's oil sands transportation segment
• Development of the Polaris diluent pipeline
• Existing and future potential growth opportunities

Martin Tallett
President
EnSys Energy

• Market drivers – today and tomorrow
• Update on routes to market
• What if – alternatives to major new pipelines

12:45

Networking Luncheon

1:45

Keynote Luncheon Presentation

Ken Chapman
Executive Director
Oil Sands Developers Group (OSDG)

• How collaboration and innovation are building a better workforce in the region
• How ingenuity is changing the model of environmental responsibility
• Imagining the possibilities: current and future oil sands growth is opening a world of opportunities

2:15

Resource and Reserves Evaluations

Mike Verney
Senior Evaluation Engineer, Oil Sands
McDaniel & Associates Consultants Ltd.

SAGD operations and reserves/resources booking practices, including:

• Operating projects – review of design criteria vs. actual performance
• Carbonate reservoirs – review of activity to date and future prospects
• COGEH volume 3 – now that it is out how it will affect booking practices

2:45

In the Foothills of the Energy Revolution – Technology Answers for Global Energy Challenge

Moderator:
David M. Wadsworth
Americas Director
Chevron Lummus Global

Merle Johnson
Vice President, Engineering
Connacher Oil and Gas Limited

In Situ Recovery Innovations, including SAGD+:

Commercial SAGD is approximately 10 years old. Innovations in operations, process, production engineering and new recovery ideas are the story of this decade as SAGD operations continue to evolve. Connacher's SAGD+ commercial pilot commenced July 16, 2011 with two wells. The project involves the co-injection of steam with a solvent that reduce steam oil ratios as well as improves bitumen productivity of the wells. The results from this project as well as other Connacher production innovations will be discussed.

Dave Theriault
Senior Vice President In situ and Exploration
Laricina Energy Ltd.

Carbonate Oil Sands – The Opportunity:

The ERCB states its views in its ST98-2011 Alberta's Energy Reserves 2010 report on "the increasing contribution of bitumen to Alberta's oil production" and identified "405 billion barrels in place"; an increase of 87 billion barrels or 27% from the previous assessment of 318 billion barrels. This is a significant reassessment and is one piece of evidence supporting industry's interest in this resource over the past few years and sets the foundation for the future potential production contribution from carbonate oil sands resources. The report also states "Different recovery methods have been experimented with" in the late 70's and early 80's for carbonate oil sands recovery. Laricina has evaluated a number of these past tests to aid in the reservoir description and to history match these tests to facilitate a prediction of the SAGD performance potential.

Laricina has also conducted numerous lab studies, core tests and a field cold solvent test to further advance its reservoir understanding prior to proceeding with its SC SAGD pilot project.

This presentation will describe these steps to reach the commencement of the confidential pilot, discuss some general progress from the pilot, and highlight Laricina's plans for a commercial demonstration project and the ultimate production potential for the Saleski lease.

Dr. Bruce C.W. McGee
Executive Chairman
E-T Energy

• Tapping massive underground reservoirs by heating the bitumen-soaked sand with electricity
• ET-DSP™ in the oil sands
• An economic comparison of ET-DSP™ to SAGD and mining from a layman's perspective

Glen Phillips
Commercial Technology Leader for Resid Processing
Heavy Oil Conversion Section
ExxonMobil Research and Engineering Company

• Heavy oil deposits more challenging to upgrade whether dilbit is transported to refineries or bitumen is processed in local upgraders
• Pros and cons of different upgrading schemes, visbreaking, hydroconversion, coking
• Transformation of coke into syngas or cheap fuel gas to meet power/energy/H2 requirement of local upgraders or refineries
• Capex and Opex comparison by a third party
• Environmental footprint of coking options
• Review of recent licensors of ExxonMobil's flexicoking technology for their upgrading projects
• Brief technology description

Networking Refreshment Break will be announced

5:00

Conference Newspaper

Sponsored by

• Oil & Gas Investors
• Presidents, CEOs and CFOs of Oil & Gas and Pipeline Companies
• Mining companies executives
• Federal and provincial Government Energy Officials and Regulators
• Vice Presidents and Directors of:
  • Investor Relations
  • Oil Sands Development
  • Exploration
  • Business Development
  • Strategic Planning

• Environmental Officials and Experts
• Operations Managers
• Lawyers and In-house Counsel
• Petroleum Landmen
• Petroleum Joint Venture Specialists
• Exploration Geologists and Geophysicists
• Geophysical and Drilling Contractors
• Officials from Aboriginal Groups and Businesses
• Aboriginal Land Administrators and Area Regulators
• Pipeline Specialists
• Community Relations Coordinators

Dear Colleague:

Canada's oil sands continue to increase in strategic value as a secure source of future oil production in the next decade. Alberta's oil sands deposits are estimated to contain 1.7 trillion barrels of bitumen and are ranked as one of the largest petroleum reserve in the world. Production from oil sands now well exceeds conventional production from Western Canada, and is expected to make up approximately 70% of total production by 2015. Canada is already the largest exporter of oil and petroleum products to the U.S., and over the next decade significant increases in oil sands derived production will supply an even larger percentage of America's steadily increasing demand for oil. With a recovery of global fuels demand beginning to emerge, a number of development activities have shown that interest in investment in the oil sands continues to grow. Although the technology outlook appears promising for recovery of bitumen and carbon capture, the path forward still holds many challenges with many projects still currently on hold.

For the 9th Annual CANADIAN OIL SANDS SUMMIT, Insight Information has assembled for you a roster of leading North American business and government leaders and experts who will provide their insights on the current state of play in oil sands development, emerging issues facing the industry, and what it takes to succeed in developing the oil sands resources.

Representatives from the project operators, engineering/construction firms, reserve engineers and other industry consultants, government, key regulators and legal experts will look at recent developments, explain their roles, share their recent experience and give their views on the future.

These and many more other questions will be addressed during the conference.

The presentations of panels 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

Robert J. Mason
Managing Director
Head of Oil Sands, Investment Banking
TD Securities Inc.

David M. Wadsworth
Americas Director
Chevron Lummus Global

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GALA DINNER – SPONSORSHIP OPPORTUNITIES

BOOK YOUR TABLE NOW!

Invite your clients and colleagues to attend the premier networking event of the evening of February 13th, 2012! You and your clients will have the opportunity to gain insights from the presentation of our distinguished Dinner Speaker, Ezra Levant, TV News Anchor, Best-Selling Author & Provocateur. Dinner tables will be selling out quickly! Reserve your table NOW to avoid disappointment. Gain additional market exposure by having your company listed as one of the dinner table sponsors on the electronic agenda!

Please contact Amy Leung at 416.642.6128 or aleung@alm.com to book your table or conference sponsorship packages now!

TABLE SPONSORS

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.