Project Sector/Company Project Description Oil Sands

Project Location Cost in $ Millions Construction Schedule Remarks

Alberta Oilsands Inc. Birchwood Resources Inc.

BlackPearl Resources Inc. Canadian Natural Resources Ltd (CNRL) Canadian Natural Resources Ltd. (CNRL) Canadian Natural Resources Ltd. (CNRL) Canadian Natural Resources Ltd. (CNRL)

RM of Wood Buffalo (S of Ft McMurray) MD of Bonnyville 'Sage' Oil Sands Extraction Pilot Project (Crane Lake) Lac la Biche 'Blackrod' SAGD Oil Sands Project County (NW of Phase 1 Wandering River) Lac la Biche County (NE of Lac la Biche) 'Grouse' In Situ Oil Sands Project 'Kirby South' In - Situ Oil Sands Project RM of Wood Buffalo Phase 1 'Project Horizon' Mining and Drilling RM of Wood Project phase 2 Buffalo RM of Wood Kirby Expansion Phase 1 Oil Sands Buffalo (S of Project (Kirby North Phase 1 or KN1) Conklin) 'Clearwater West' SAGD Production Phase 1 RM of Wood Buffalo (SE of Conklin) MD of Opportunity RM of Wood Buffalo (E of Ft McKay) Lac la Biche County RM of Wood Buffalo (E of Conklin) RM of Wood Buffalo (S of Ft McMurray) RM of Wood Buffalo RM of Wood Buffalo (W of Ft. McMurray) MD of Bonnyville (N of Barbara Lake) RM of Wood Buffalo (SE of Conklin) RM of Wood Buffalo Strathcona County RM of Wood Buffalo RM of Wood Buffalo (Ft McKay)

$415.00 $230.00 2014

Proposed. Application filed January 2010. Proposed. Application filed June 2012. Proposed to start construction Q4 - 2013. Application filed June 2012. Three phases estimated at $2.8 billion. Proposed. Application filed February 2012, approval expected second quarter 2014. Under construction. Application approved Q3 2010. Announced. Approved Jan 2004. EPC Technip.EPC froth treatment plant SNC Lavalin.

$700.00

$1,530.00 $1,250.00 $1,080.00

2015-2017 2010-2013 2012-2014

$1,200.00

2014-2015

Cenovus Energy Inc. Cenovus Energy Inc.

Christina Lake Thermal Expansion Project Phases 1E, 1F and 1G 'Pelican Lake Grand Rapids' SAGD Oil Sands Project Phase 1 'Telephone Lake ' SAGD Project Phase 1 (Phase A) 'Foster Creek' Oil Sands Project Phases F, G and H 'Narrows Lake' In Situ Oil Sands Project (using Solvent Assisted Process or SAP)

$2,700.00 $2,000.00

2012-2016 2014-2017

Proposed. Application filed December 2011. Under construction (phase E). Application approved April 2011. Estimated construction Phase 1E 2012 - 2014; Phase 1F 2012 - 2015; Phase 1G 2014 - 2016. Proposed. Application filed December 2011. Phase 2 2017 - 2021, phase 3 2020 - 2024. Proposed. Owner expects construction start 2014, pending approvals. Under construction. ERCB approval September 2010. Proposed. Corporate approvals expected by end of 2012.

Cenovus Energy Inc. Cenovus Energy Inc. / ConocoPhillips Cenovus Energy Inc. / ConocoPhillips

$1,000.00 $2,000.00

2014-2018 2012-2017

$1,600.00

2013-2017

Connacher Oil & Gas Ltd. ConocoPhillips Canada / Total Canada Cretaceous Oilsands Holdings Ltd.

'Great Divide' SAGD Expansion Phase 1 'Surmont Phase 2' Oil Sands Development 'MacKay River' Commercial Oil Sands Project Phase 1 'Walleye' Oil Sands Projects (SAGD) Phase 1

$600.00 $2,000.00

2012-2013 2010-2015

Proposed Under construction. Bantrel Inc. Under construction. EP services for Central Plant SNC-Lavelin. Proposed. Application filed. Planned construction start mid - 2013, pending approvals. Under construction. Application approved by ERCB November 2011. Announced. Application filed February 2011. Five phases in total. Proposed, pending regulatory approval. Proposed, pending regulatory approvals.

$1,300.00

2012-2014

Devon Canada Corp.

$450.00

2013-2015

Devon Canada Corp. Dover Operating Corp. (Dover OPCO) Enbridge Inc. E-T Energy Ltd.

'Jackfish' Oil Sands Project Phase 3 'Dover' Commercial Oil Sands Project Phase 1 Terminal Tankage (Storage Capacity) Expansion Phases 1 and 2 'Poplar Creek' Bitumen Extraction Project

$1,300.00 $2,500.00 $260.00 $103.00

2012-2014 2012-2014 2012-2013 2012-2013

Finning (Canada) Ltd. Fort Hills Energy Corp. (Suncor Energy Inc. / Total SA / Teck Cominco)

Service Facility

$110.00

2011-2012

Grizzly Oil Sands ULC

Grizzly Oil Sands ULC

Harvest Operations Corp.

Harvest Operations Corp. Horizon North Logistic Inc.

RM of Wood Buffalo RM of Wood 'Algar Lake' SAGD Oil Sands Project Buffalo (SW of Ft Phase 1 McMurray) RM of Wood 'May River' Commercial Bitumen Project Buffalo (W of Conklin) Phase 1 RM of Wood 'BlackGold' In Situ Oil Sands Project Buffalo (SE of Phase 1 Conklin) RM of Wood Buffalo (SE of 'BlackGold' Oil Sands Project Phase 2 Conklin) WORK CAMP (DORMITORY RM of Wood COMPLEX) Buffalo 'Fort Hills' Oil Sands Mine northern Alberta RM of Wood Buffalo Sturgeon County RM of Wood Buffalo (N of Ft McMurray)

$9,600.00

Under construction. Ledcor. Proposed. Corporate approval for construction expected by end of 2012. Planned to come onstream in 2016.

$220.00

2012-2013

Under construction. SNC - Lavelin, Ledcor Alberta.

$250.00

Proposed. Application to be filed mid 2013. Nearing completion. GS Engineering and Construction Corp.

$300.00

2011-2012

$540.00 $140.00 $40.00 $27.00 $18.00

2013-2015 2012-2014 2012 2012-2013 2012

Proposed, pending approvals. Announced Nearing completion Announced Announced Under construction. SaipamSpA. Application approved. Corporate approval Nov 2010. WorleyParsons Canada EPC field facilities.

Horizon North Logistics Inc. Camp Construction Project Horizon North Logistics Inc. Oil Sands Work Camp Module Assembly Yard, Sturgeon Horton CBI Industrial Park 'Sunrise Thermal Project' SAGD Oil Husky Energy Inc. / BP PLC Sands Project Phase 1

$2,500.00

2011-2013

Imperial Oil Ltd. Imperial Oil Ltd. Imperial Oil Resources / ExxonMobil Canada

MD of Bonnyville 'Nabiye' Oil Sands Project Phases 1 - 3 (Cold Lake area) 'Kearl Lake' Oil Sands Project Phase 2 RM of Wood of 2 Buffalo 'Kearl Lake' Oil Sands Mine Phase 1 of 2 RM of Wood Buffalo RM of Wood Buffalo (near Ft McMurray) RM of Wood Buffalo (SW of Ft McMurray)

$2,000.00 $8,900.00

Proposed. Planned on - stream by 2015. Includes a 170MW cogen plant. Corporate approval February 2012. Proposed for completion by late 2015. phases in total. Application approved (both phases). AMEC (EPC). Fluor Corp infrastructure and facilities.

$10,900.00

2009-2012

Ivanhoe Energy Japan Canada Oil Sands Limited (JACOS) / Nexen Inc. Kinder Morgan Canada

'Tamarack' Bitumen Project Phase 1 Hangingstone SAGD Commercial Production Project

$1,250.00

2012-2013

Proposed. Application under review. Proposed. Application under review. Corporate decision by end of 2012.

$1,200.00 $284.00 2012-2013

Laricina Energy Ltd. Laricina Energy Ltd.

Edmonton Terminal Storage Expansion Strathcona County 'Germain' Commercial Demonstration Project (Solvent - Cyclic SAGD) Phase MD of Opportunity 1 'Saleski' Oil Sands Pilot Project Expansion Phase 1 MD of Opportunity MD of Opportunity (NW of WabiskawDesmarais) RM of Wood Buffalo (NW of Ft. McMurray) RM of Wood Buffalo (Christina Lake) RM of Wood Buffalo (near Conklin) Strathcona County RM of Wood Buffalo

Announced

$435.00 $400.00

2011-2013 2012-2014

Under construction Proposed

Laricina Energy Ltd.

'Germain' Commercial Demonstration Project Phase 2

$1,100.00

2013-2015

Proposed. Application for phases 2 to 4 filed November 2011.

Marathon Oil Canada Corp. 'Birchwood' SAGD Oil Sands Project

$510.00

2013-2015

Proposed, pending approvals. Under construction. Flint Energy Services Ltd. Corporate approval December 2010.

MEG Energy Corp.

In Situ Oil Sands Project Phase 2B

$1,400.00

2011-2014

MEG Energy Corp. MEG Energy Corp. Nexen Inc. North West Redwater Partnership (Canadian Natural Resources Ltd. (CNRL) / North West Upgrading Inc.) Osum Oil Sands Corp.

Christina Lake SAGD Project Phase 3 Stonefell Terminal (Bitumen / Diluent Storage Facility) 'Kinosis' Oil Sands Project Phase 1A

$500.00 $150.00 $100.00 2011-2013 2013-2014

Proposed. ERCB approval January 2012. Under construction Proposed

Bitumen Upgrader Phase 1 'Taiga' Oil Sands Project

Sturgeon County (near Redwater) MD of Bonnyville (N of Cold Lake) RM of Wood Buffalo / Strathcona County near Ft Saskatchewan to Thorhild Cty Northern Sunrise County (NE of Peace River) RM of Wood Buffalo (NW of Ft McMurray) RM of Wood Buffalo RM of Wood Buffalo RM of Wood Buffalo MD of Opportunity RM of Wood Buffalo RM of Wood Buffalo RM of Wood Buffalo (N of Ft McMurray) RM of Wood Buffalo (N of Ft. McMurray) RM of Wood Buffalo (N of Ft. McMurray) RM of Wood Buffalo

$5,000.00 $1,570.00

2013-2014 2013-2018

Proposed. Corporate sanction decision by end of 2012. EPC SNC-Lavalin, PCL Industrial Management. Site access work underway. Proposed. Application filed January 2010. Public hearing rescheduled to July 17, 2012 in Cold Lake.

Shell Canada Shell Canada / Chevron / Marathon Oil

Athabasca Oil Sands Project Debottleneck Phase 1 'Quest' Carbon Capture and Storage (CCS) Project

$2,000.00

$900.00

2013-2015

Proposed. Muskeg River Mine, Jackpine Mine and Scotford. Proposed. Pending corporate approval. Application filed November 2010. EPC capture facility Fluor. EP pipeline Tri - Ocean Engineering. Proposed. Two central processing facilities and three co-generation units. Proposed for 2013 - 2015 (phase 2A) and 2014 2016 (phase 2B). Application filed November 2011. Proposed. Application filed July 2007. Corporate approval January 2008. Under construction. ERCB approval March 2010. Under construction. Project does not include bitumen feed to upgrader. Under construction Announced Proposed. Newalta Corporation.

Shell Canada Ltd.

'Carmon Creek' VSD Bitumen Project

$3,450.00

2011-2016

Southern Pacific Resources 'McKay' SAGD Project Phases 2A and Corp. 2B 'Voyageur South' Oil Sands Mining Suncor Energy Inc. Operation Suncor Energy Inc. Suncor Energy Inc. / Total SA Sunshine Oilsands Ltd. Syncrude Canada Ltd. Syncrude Canada Ltd. 'Firebag' Oil Sands Project Phase 4 'Voyageur' Oil Sands Third Upgrader (U3) 'West Ells' Oil Sands Project Phase 1 of 2 Composite Tailings Plant, Aurora North Mine Site Mature Fine Tailings Processing Plant (Demonstration Plant) Two New Mine Trains, Mildred Lake Mine Site

$1,140.00 $4,400.00 $2,000.00 $11,600.00 $385.00 $300.00 $25.00

2013-2016

2011-2013 2011-2016 2012-2013 2012-2013 2012-2014

Syncrude Canada Ltd. Teck Coal Ltd. (previously listed under SilverBirch Energy / Teck Resources Ltd.) Teck Coal Ltd. (previously listed under SilverBirch Energy / Teck Resources Ltd.) Total E&P Canada Ltd. / Suncor Energy Inc.

$3,600.00

2012-2014

Proposed

'Equinox' Oil Sands Mine (Lease 14)

$2,500.00

Proposed. Application filed with Frontier application in November 2011. Proposed construction start phase 1 in 2016. Application filed November 2011. Approval expected in 2014 / 2015. Four phases in total. 2011, federal approval December 2011. Corporate approval expected by end of 2012. FEED underway.

'Frontier' Oil Sands Mine Phases 1 and 2

$14,500.00

Joslyn North Mine

$8,900.00

2013-2017

TransCanada Corporation

Williams Canada

Hardisty RM of Wood Off - Gas Extraction Plant Modifications Buffalo and and Construction of De - Ethanizer Redwater

Keystone Hardisty Terminal

$275.00

Proposed in service late 2014.

$311.00

2012-2013

Announced