Oh Canada! Significant Developments in Canadian Energy - January 2013

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In This Issue:

- Oil Sands News

- East Coast News

- West Coast News

- Canadian Arctic News

- Alternative Energy News

- On the Horizon

- Abbreviations

- Contact Us

- Excerpt from On The Horizon:

Cenovus Energy and SaskPower have signed a 10-year agreement for the purchase of the full volume of CO2, approximately one million tonnes per year, captured from SaskPower’s facility at Boundary Dam Power Station, near Estevan, Saskatchewan. The CO2 captured at the Estevan facility, the world’s first and largest coal-fired integration carbon capture and storage project, will be used by Cenovus to stimulate production at its enhanced oil recovery project at Weyburn Saskatchewan. The Weyburn facility produces approximately 27,000 bpd, with an estimated 19,000 bpd from EOR techniques.

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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