CANADIAN OIL SANDS

PROGRAM CO-CHAIRS

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

David M. Wadsworth
Americas Director, Chevron Lummus Global

KEYNOTE ADDRESSES

The Honourable Ed Stelmach (tentative)
Premier of Alberta

Don Thompson 
President, Oil Sands Developers Group

PLATINUM SPONSOR

GOLD SPONSOR

SILVER SPONSOR

COPPER SPONSORS

MARKETING PARTNERS

• The program will have most direct appeal to:
  
• The U.S. and Canadian Oil & Gas Investors
• Presidents, CEO’s and CFO’s 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 (315 billion barrels recoverable using current technology) and are ranked as either the largest or 2nd largest petroleum reserve in the world. Production from oil sands now well exceeds conventional production from Western Canada, and is expected to make up to approximately 75% 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 has not faded. Although the technology outlook appears promising for recovery of bitumen and carbon capture, the path forward still holds many challenges with many projects currently on hold.

For the 7th 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. What impact will increasing concerns for continental security and North American energy strategies potentially have on oil sands development? What is the current economic climate from an industry perspective and what issues are facing oil sands developers? What will be required for the majority of projects currently deferred to be restarted? What are the latest strategies being employed to address the industry’s recent history of continuing capital cost increases? Is oil pipeline export capacity an issue? How will oil sands production, which requires a significant amount of natural gas, benefit from the current natural gas supply environment and lower expected gas prices going forward? What are the latest emerging technologies and companies in the sector? How will future development be impacted by countries, such as the U.S., where emerging CO2 emissions regulations are being formulated? From a market perspective, will crude oil markets continue to be able to absorb the increased production?

These and many 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

TUESDAY | FEBRUARY 2, 2010

8:15 | 9:00

Registration and Continental Breakfast

9:00 | 9:05

Welcoming Remarks from Insight Information

9:05 | 9:15

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 | 10:30

North American and Global Energy Policies, Markets Impacts and Glut Risks

Greg Stringham
Vice President
CAPP

• Oil sands and the energy supply, environment and economic balance:
  • supply outlook
  • government policies
  • the role of technology

Patricia Nelson
Vice-Chair
In Situ Oil Sands Alliance

• In-Situ oil sands production and its role in meeting global energy demands:
  • Adapting technologies to unlock the resource
  • Improving efficiencies
  • Aligning economics with the environment

Stephen N. Fekete
Senior Principal
Purvin & Gertz, Inc.

• Global petroleum market environment
• Light/heavy differential outlook
• Canadian market drivers and outlook

10:30 | 10:45

Networking Coffee Break

10:45 | 11:45

Oil Sands Industry Goals and Challenges in the New Economic Environment

Steve Reynish
President
Marathon Oil Canada Corporation

Discussion will focus on how oil sand operators might improve their cost profile and stakeholder relations given the capacity, technical and environmental challenges facing the industry.

V. Peter Harder
President, Canada China Business Council
Senior Policy Advisor, Fraser Milner Casgrain
Former Deputy-Minister Treasury Board, Solicitor General, Citizenship and Immigration
Industry and Foreign Affairs and International Trade

• Understanding the importance of PetroChina’s investments in the future of Canada’s oils sands
• Removal of barriers to FDI from China and other countries

11:45 | 12:45

Networking Luncheon

12:45 | 1:15

The Honourable Ed Stelmach (tentative) Premier of Alberta

1:15 | 2:15

Oil Sands Industry Goals and Challenges in the New Economic Environment

Grant Ukrainetz
Vice President, Corporate Development
Connacher Oil and Gas Limited

• How to achieve results in the in-situ oil sands using efficiencies of small scale operations
• New developments at the Great Divide Pod One and Algar SAGD projects in northeastern Alberta

Chris Bloomer
Vice President, Heavy Oil
Petrobank Energy

• Expansion of the Whitesands project to include an additional three well pairs demonstrating both the THAI™ and CAPRI™ processes
• The May River project – concept based on reducing the overall facilities’ footprint
• Commercialization of the Dawson Creek and the Kerrobert, Saskatchewan project

2:15 | 2:30

Networking Refreshment Break

2:30 | 4:00

Oil Sands Industry Goals and Challenges in the New Economic Environment

David Dyck
President and Chief Executive Officer
Ivanhoe Energy Canada Inc.

• HTL (heavy-to-light) technology
• Tamarack oil sands project
• Ivanhoe Energy’s corporate update

Dr. William J.F. Roach
President and Chief Executive Officer
UTS Energy

• Fort Hills project
• Equinox and Frontier projects on the west side of the Athabasca River
• Exploration activities

T. Murray Wilson
Executive Chairman
Oilsands Quest Inc.

• Operations update: 2009/2010 exploration program – Saskatchewan and Alberta
• Update for Axe Lake discovery in Saskatchewan
• Examination of recovery optimization techniques

4:00 | 4:30

Evolution of Oil Sands Resource and Reserves Evaluations

P.A. (Phil) Welch
President and Managing Director
McDaniel & Associates Consultants Ltd.

• Oil sands resource and reserves evaluations over the years – the current requirements, milestones and thresholds for assigning resources and reserves
• The bitumen assignment guidelines chapter of volume 3 of COGEH

4:30 | 4:45

Special Address

Sean O’Brien
President
Acklands-Grainger

4:45

Conference Adjourns for the Day

5:00 | 6:30

Cocktail Reception

Sponsored by

WEDNESDAY | FEBRUARY 3, 2010

8:00 | 9:00

Buffet Breakfast

Sponsored by

8:20 | 8:50

Case Study: Successful Project Strategies

Speaker:
Chris Jungers 
V.P. – Sales
GEA Rainey Corporation

9:00 | 9:15

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 | 9:45

Oil Sands Investment Management in a Downturn Economy

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

The presentation will focus on the economic and financing environment for oil sands projects.

9:45 | 10:00

Networking Coffee Break

10:00 | 11:45

Connecting Energy Supplies to Markets

Glenys Hermanutz
Vice President, Corporate Affairs
Pembina Pipeline Corporation

Pembina’s Oil Sands and Heavy Oil Infrastructure Division:

• Current developments: Mitsue & Nipisi pipelines
• Future opportunities: expansion potential

Jeff Marchant
Vice President, Oil Sands Development
Inter Pipeline Fund

• Highlights of the diversified business portfolio
• The IFP’s oil sands transportation segment
• Updates to the recent development work
• Transportation of diluent to the IOL Kearl oil sands project

Paul E. Miller
Vice President and General Manager
TransCanada Corporation

• TransCanada Keystone pipeline status
• $18 B investment program through 2012
• Natural gas program

11:45 | 12:45

Networking Luncheon

12:45 | 1:15

Oil Sands Innovation and Technology: The Key to Current and Future Challenges

Don Thompson
President
Oil Sands Developers Group

1:15 | 3:00

Environmental Regulatory Risk and Managing the CO2: State of Play and North American and International Implications

Duff Harper
Blake, Cassels & Graydon LLP

• The state of play:
  • cap and trade?
  • tax?
  • which agencies will administer?
  • who wins/who loses?
  • international implications

Dr. David A. Lewin
Senior Vice President IGCC Development
Capital Power Corporation
Vice Chair

Climate Change Emissions Management Corporation

• Directions from the December 2009 UN climate conference in Copenhagen and its relationship to tech funds in Alberta
• CCEMC – what we do, mission, goals strategies
• EOI and project proposal process
• Results from the EOI process and receipt of major projects
• The challenges

Paul Vickers
Managing Director
Natsource Asset Management Corp.

This presentation will provide an update on GHG regulations potentially affecting oil sands: international, North American and Canadian.

3:00 | 3:15

Networking Refreshment Break

3:15 | 4:45

New Technologies Landscape – A Paradigm Shift

Greg Heath
Vice-President, Business Development
Director of Engineering
E-T Energy Ltd.

Tapping massive underground reservoirs by heating the bitumen-soaked sand with electricity:

• The path to commerciality for ET-DSP™ in the Oil Sands
• Building an oil sands company that uses a paradigm shift in technical approach
• An economic comparison of ET-DSP™ to SAGD and mining from a layman’s perspective

John Nenniger
Chief Executive Officer
N-Solv Corporation

Key N-Solv technology principles:

• Brief overview of basic process design and economics
• Solvent inventory costs
• Environmental advantages –energy efficiency, carbon capture and climate change impact

Glen C. Schmidt
President and Chief Executive Officer
Laricina Energy Ltd.

Resource extraction in in situ oil sands has much in common with conventional oil and gas. The opportunity to enhance the economic and environmental impact is significant. Innovation through solvents for example mirrors many of the lessons of secondary recovery in conventional oil and gas. Project specific exploitation plans are optimizing development of plays such as the oil sands carbonates. Systematic and staged operations, lessons well learned in conventional oil and gas offer a clear road map to cost management. The in situ-innovation landscape describes an expanding opportunity and an increasingly competitive oil supply to other basins in the world.

4:15

Closing Remarks by the Co-chairs

4:30

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.