SEMINAR

The Economics of High Arctic Natural Gas Development:

Expanded Sensitivity Analysis
10am - Noon, Thursday, January 13th, 2005
Calgary Petroleum Club
319 5 Ave. SW Calgary, Alberta
The North American natural gas marketplace is currently experiencing a tightness of
supply, strong demand and much higher natural gas prices. Incremental sources of
gas supply are being re-examined as a result, including the North Slope of Alaska, the
Mackenzie Valley Corridor, the Mackenzie Delta/Beaufort Sea, and LNG from other
parts of the world.
CERI has re-assessed the feasibility of High Arctic gas development where almost 9
TCF of recoverable and marketable reserves of natural gas have been established at
Hecla and Drake Point on Melville Island. CERI will present the results of its analysis
of Melville Island development and delivery options (LNG, CNG and GTL), as an
example of the potential future of High Arctic natural gas.
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Program
10:00 am

Introduction
Dr. Phil Prince, President & CEO
Canadian Energy Research Institute

10:15 am

Presentation of Results
George Eynon, Senior Director, Research Natural Gas
Luke Chan, Senior Economist

11:45 am

Discussion

12:00 pm

Adjournment

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Please RSVP by January 7th, 2005

Contact: Roxanne Rees
Phone: (403) 220-2381
Fax: (403) 282-1268
Email: rrees@ceri.ca