Investors
Quarterly Summary

Quarterly Summary

 

Q1/12

Q4/11

Q3/11

Q2/11

Q1/11

 

Gas

 
Processing throughput (gross Mmcf/d) (1) 400 391 404 391 375
Extraction throughput (Mmcf/d) (1) 944 923 871 828 909
Production (Bbls/d) (1) 45,186 43,454 39,781 38,843 42,248
Frac spread - realized ($/Bbl) (1)(3) $34.11 $42.00 $22.95 $36.65 $32.45
Average gas volumes marketed (GJ/d) (1) 376,071 357,105 340,396 377,917 403,777
 

Power

 
Volume of power sold (GWh) (1) 816  774  760 729 740
Avg. price received on sale of power ($/MWh)(1) 72.56  79.14  80.67 64.26 78.76
Alberta Power Pool average spot price ($/MWh)(1) 60.12  76.42  94.70 52.12 83.33
 

Utilities

           
Natural gas deliveries - end use (PJ)(5) 10.8 21.8  2.3  3.7  9.3 
Natural gas deliveries - transportation (PJ)(5) 2.0 4.6  1.1  1.2  1.3 
Degree day variance (percent) (6)        
          AUI (11.5)     ----  (33.7)  0.5  23.6 
          Heritage (8.6)  (12.7)  (20.9)  19.7  8.0 
 

Notes:

 
  (1) Average for the period.
  (2) AS at period end.
  (3) Excludes natural gas liquids pipeline volumes.
  (4) Realized frac spread of NGL margin, expressed in dollars per barrel of NGL, and derived from slaes recorded by the business during the period on frac exposed volumes plus the settlement value of frac hedges settle din the period divided by the total frac exposed volumes produced during the period. Third quarter 2011 realized frac spread was affected by the Younger Extreaction Plant turnaround and the timing of NGL sales and NGL volumes reported.
  (5) Petajoule (PJ) is one million gigajoules (GJ).
  (6) Degree days relate to AUI and Heritage Gas service areas. A degree day is the cumulative extent to which the daily mean temperature falls below 15 degrees Celsius for AUI and 18 degrees Celcius for Heritage. Normal degree days are based on a 20 year rolling average. Positive variances from normal lead to increased delivery volumes from normal expectations.

Five-year Summary