MARKET PRICES
	This information has been provided for discussion purposes only and is intended for use by our customers.
	This information is based on various sources believed to be reliable, but its accuracy is not guaranteed.
						Information source= NGX.com
	Current AECO C (wholesale) prices for Alberta delivery.					as of	2-Sep-2010
	Previous month AECO C (wholesale) prices for Alberta delivery.
			Alberta Natural Gas Settlement Prices
	Month	Monthly Index			Daily Index (2A)
		2008	2009	2010	2008	2009	2010
	January	6.1011	6.2171	5.1564	6.9826	5.5033	5.2862
	February	6.8759	5.3293	5.2343	7.4849	4.5196	4.9550
	March	7.2992	4.4759	4.8494	8.2121	3.9637	3.8450
	April	8.0948	3.8171	3.8376	8.9200	3.3534	3.5532
	May	8.9182	3.2376	3.5356	9.4974	3.4744	3.6311
	June	9.5781	3.3495	3.6000	10.5967	2.9780	3.8896
	July	10.7996	3.1367	3.9103	9.1050	2.9438	3.4635
	August	8.4424	2.9012	3.5073	7.0365	2.6059	3.2222
	September	7.0475	2.5583	3.1496	5.8539	2.9747
	October	5.9105	2.8729		6.3710	4.1016
	November	6.5568	4.6408		6.4259	3.6262
	December	6.8300	4.5276		6.2466	5.1877
	Average	7.7045	3.9220		7.7277	3.7694
	AECO C  Daily Index vs Monthly Pricing
	This chart illustrates daily index pricing (blue line) versus actual and forecast monthly pricing.
	AECO C Monthly Index prices vs Forecast pricing for the 2009-2010 gas year
	This chart illustrates forecast and historical monthly pricing versus the five year average.
	Solid bars indicated actual index price.  Dark bars are forecast index prices.
	Forecast delivery prices (AECO C) to Mar-2014 for gas delivered within the province of Alberta.
		Forecast Monthly Natural Gas Prices			Forecast as of		2-Sep-2010
	Month	Intra-Alberta  $Cdn/GJ			Nymex Futures  $US/Mmbtu
		2010	2011	2012	2009	2010	2011
	January	5.16	4.04	4.72	5.81	4.56	5.44
	February	5.23	4.03	4.71	5.27	4.56	5.42
	March	4.85	4.01	4.64	4.82	4.49	5.28
	April	3.84	3.91	4.30	3.84	4.41	4.97
	May	3.54	3.89	4.31	4.27	4.44	4.98
	June	3.60	3.91	4.35	4.16	4.49	5.02
	July	3.91	3.97	4.40	4.72	4.56	5.07
	August	3.51	4.02	4.44	4.77	4.62	5.11
	September	3.15	4.07	4.46	3.65	4.64	5.14
	October	3.40	4.17	4.58	3.79	4.73	5.25
	November	3.74	4.34	4.78	4.06	4.96	5.44
	December	3.97	4.57	5.03	4.38	5.26	5.69
	Average	3.99	4.08	4.56	4.22	4.75	4.75
	Actual prices are indicated in bold fonts.
	Future Market price changes for delivery of gas within Alberta.
	Future prices for the next 5 years as of the date indicated.
	Actual and Forecast delivery prices (AECO C) to Nov-11 for delivery of gas within Alberta.
	This map illustrates various forecast delivery prices throughout North America
	Prices listed are wholesale prices for 100% load factor deliveries for the specified period.
	NYMEX Futures Pricing - Current Year vs. Historical					Forecast as of	2-Sep-2010
	NYMEX  Futures Pricing					Forecast as of	2-Sep-2010
	Nymex future contract prices (Nov 08 - Oct 13).  Green line shows trend.
	NYMEX  Nat Gas vs Crude Historical Settlement Pricing
	Natural gas prices have historically been highly correlated to Crude prices.
	NYMEX Crude Settlement Pricing
	NYMEX  Nat Gas vs Crude Futures Pricing
	For more information regarding natural gas prices please contact our office.

SUPPLY/DEMAND

This information has been provided for discussion purposes only and is intended for use by our customers.

This information is based on various sources believed to be reliable, but its accuracy is not guaranteed.

Natural gas prices through out North America are impacted by supply/demand fundamentals.

Production-Alberta

Production-US-source EIA

Production-US-source EIA

US-LNG Imports-source EIA

Canadian Supplies to the US-source EIA

Weekly Rig Counts-Source Baker Hughes

Weekly Rig Counts vs Production-Source Baker Hughes

Storage-US-Source EIA

Storage-Alberta

Weather-Source NOAA

6-10 day weather forecasts for the US market.        Source NOAA

Environment Canada short term temperature forecast.

US National Weather Service short term temperature forecast.-Source NOAA