This presentation looks at oil and gas sector for Canada. It will include prices, volumes, exports/imports as well as look at clean technology revolution on fossils fuels.

1. Canada Oil and Gas
Outlook at March 11, 2017
By: Paul Young CPA, CGA
Date: March 11, 2017

2. Author – Paul Young CPA, CGA
 27+ years of corporate finance, business process changes and internal
audit/control
 SME Close, Consolidate and Reporting
 SME Financial Solutions
 Streamlined business process including reporting using analytical tools
 Internal Audit/Controls and Risk Management
 Implemented cost to serve models (Pricing models)
 Blogger in areas like financial solutions, cost control, management/regulatory
reporting, risk management and government policies
 Academia experience in areas like advance accounting, advance
management information system, financial performance management
training/solutions and public finance
 Contact information: paul_young_cga@Hotmail.com

3. Agenda
 Oil Rigs
 Oil Production
 Oil Production (Exports and Imports)
 Pipelines (Volume)
 Comments/Oil
 Justin Trudeau
 Clean Technology vs- Oil

4. Oil Rigs/Oil Price

5. Oil and Gas Production
Source – Stats Canada – March 10, 2017

6. Oil and Gas Production
Source – Stats Canada – March 10, 2017

7. Pipelines
Source – Stats Canada – February 22, 2017

8. Key Quotes
 Kinder Morgan has increased the estimated cost of the Trans Mountain
pipeline project to $7.4 billion and says it has confirmed shipping
interest from producers. (Canadian Manufacturing – March 10, 2017)
 Royal Dutch Shell PLC (LON:RDSA) is selling almost all of its Canadian
oil sands assets for nearly $8.5 billion, as its chief executive said the
industry was not longer a strategic fit for the firm, the world’s second
largest publicly-traded oil company. (Mining.com - March 10, 2017)
 White House applauds ExxonWhite House applauds Exxon
 Monday, 6 Mar 2017 | 4:56 PM ET | 01:26
 Exxon Mobil, the world's largest publicly traded oil producer, said on
Monday it would invest $20 billion through 2022 to expand its chemical
and oil refining plants on the U.S. Gulf Coast. The investments at 11
sites should create 35,000 temporary construction jobs and 12,000
permanent jobs, Chief Executive Darren Woods said in a speech at
CERAWeek, the world's largest gathering of energy executives.
(CNBC – March 7, 2017)

9. Justin Trudeau/Oil
 Trudeau noted his government approved two pipelines – Trans
Mountain’s Kinder Morgan line and Enbridge’s Line 3 rebuild – and
welcomed the news that U.S. President Donald Trump wants to move
ahead with the Keystone XL pipeline project that TransCanada
proposed nearly a decade ago. (The Pipelines were approved under
CPC) – (Global News – March 10, 2017.
 “There will come a day, far off but inevitable at some point, when
traditional energy sources will no longer be needed,” said Trudeau, who
positioned Canada as a leader on clean energy technologies such as
carbon capture and better batteries for electric cars. (FYI – Canada is
ranked #14
 It is not just about moneys, but the process to take ideas from
incubation to market
 There are issues with lithium (reserves)

10. Clean Technology and Oil
Oil and coal use will peak in 2020. But as climate
change forces people to change their habits, green
technologies will slowly replace fossil fuels over the
coming decades, according to a new report.
Issues:
- Access to lithium and Vanadium (limited reserves)
- Storage requires lightweight material
- There are no complete substitutes for petrochemicals
- Grid ability to handle plug in stations