The
Canadian Division is responsible for all studies and evaluations for clientele
who’s principle activities are located in Canada and where the Canadian Office
is of direct convenience to the service of the client. The Canadian division
reports within the North American Division of the company. The Canadian division
studies hundreds of petroleum properties annually located throughout Canada and
various other parts of the world. .
In addition
to providing annual reserves estimates and economic evaluations to numerous
clients using software applications developed by Outtrim Szabo Associates Ltd. and Petro-Soft Systems Ltd. of Calgary. These include DECPRO,
P/Z, ERGO (Unix), FORTE (Unix) reserves system with an integrated land system,
and applications supporting the reporting requirements of the Canadian
Securities Exchange requirement under National Instrument 51-101. Like the North
American division the Canadian division provides services in the areas of:
| Integrated field studies | Reservoir simulations |
| Coal-bed methane projects | Thermal Heavy Oil simulations |
| Enhanced oil recovery projects | Acquisition and Disposition analysis |
| Waterflood evaluations | Fair market valuations |
| Horizontal drilling projects | Expert witness testimonies |
| Unitizations |
The Canadian
division has a team of professionals intimately familiar with the Western
Canadian reservoirs, production environments, regulatory regime and operating
conditions.
We will assist our clients in prospectus filings within Canada and outside Canada through comprehensive high quality and defendable interpretation of reserves and values associated with those reserves.
Our FORTE reserves management system allows for import of client data and export of the resulting interpretation in various formats and flat files for use in other applications. We publish our reserves evaluation reports on CDROM in SEDAR compatible format for filing with the Canadian Securities Commissions.