Rig-n-Dig October 2012

1Rig-n-Dig • savannaenergy.com

October 2012 S

In This IssueExclusive Interview with CAODC President Mark ScholzAn Introduction to Savanna TruckingWhat’s Happening?Photo Competition Winners!

Photo Credit: Emery Sutton

2 Rig-n-Dig • October 2012

Right. So I’ve got lots of miles on these tires, and, slow learner as I am, I’ve caught onto a few things on the way by (kind of like navel-lint).

“Anybody out there” (Pink Floyd) remember The Kinks? “Paranoia will destroy ya”, Ray Davies said, and he’s right.

All through my career, I’ve watched people (sometimes listened, too) vent about their enemies. Hell, I’ve done it a few times. So here’s a puzzler: very few of us have any real enemies. If I’ve got any real enemies, there’s a good chance I built them myself.

What is even more puzzling about this is that often it is our own strength that makes enemies for us — but not the way you might think. We have enemies, by and large, not because they envy us our strength, but often because we have used our strength to steamroll over other people’s strengths.

Suppose I have a coworker whose great strength is enthusiasm. He’s always ready to jump in and “git ‘er done.” My strength might be planning and constructing “what happens if?” in my head.

It’s clear enough how conflicts can arise here — and naturally it is his fault. If he just slowed down and thought things through the way I do, we’d be better off. Of course, I haven’t stopped to think about how frustrated I must make him feel by insisting that we not do anything until we’ve got the details nailed. Over repeated interactions (perhaps we work together daily, even), my annoyance grows. So does his.

In fact, our annoyances, perhaps nastily expressed without truly being understood, can grow to the point where we actively dislike each other. It ain’t pretty, but it’s true. I fairly

quickly can begin to devalue my co-worker because we don’t share the same perspectives on things. Then, forgetting that I’ve got two ears and one mouth for a reason, my mouth gets in gear with other people — not my co-worker.

It gets back to him (it always does) that I’m angry (a different word came to mind — but this is a family paper) at him. Sometimes quickly, sometimes slowly, we’re no longer on the same team, and now we’re actually opponents.

Think of people who like and drive change — and those who like the old ways. Think of people who talk a lot — and people who don’t. Think of people who rush at everything — and those who move more slowly. Think of safety versus speed. And on and on...

These little differences have a way of growing ugly if unattended.

The world changes a little when we use an old piece of psychology.

We often dislike those people who have different and complementary strengths the most. As I look around at our team, I see a big bunch of people who are all different from me.

I often need (and don’t do it often enough) to stop myself and ask: am I getting annoyed because he or she is weak in my area of strength? If the answer is “Yes”, then the next step is to ask myself what I can learn, here? Because it’s pretty much a sure bet that he or she has a strength that complements mine.

Now, if I have no enemies but the ones I create, doesn’t it follow that my only real enemy is best spotted in the mirror?

It’s crazy in here, sometimes. Have a great month!

Frienemies

800, 311 6th Avenue SWCalgary, Alberta T2P 3H2Phone: 403 503 9990Fax: 403 267 [email protected]

Savanna Energy Services Corp. is listedon the Toronto Stock Exchange (TSX:SVY)For current stock information,visit tsx.com or savannaenergy.com

Rig-n-DigOctober 2012

Rig-n-Dig is published by Savanna Energy Services Corp. as an information vehicle for our employees and for our community. Suggestions and contributions are welcome and encouraged.

Editor/Publisher: Chesley Ryder 403 718 2885 [email protected]

Managing Editor: John Bayko 403 781 9999 [email protected]

In This IssueMessage from Management page 2Introduction to Trucking page 3Sustainability on Rig 620 page 4Scholarship Winner Bios page 5What’s Happening? page 6Interview with Mark Scholz page 8Photo Contest Winners page 9Last page page 11

This month’s message, from David Yates, Director, Organizational Effectiveness, looks at who our enemies really are.

David Yates, Director, Organizational Effectiveness


A Trucking Introduction

Beginning with just six vehicles two years ago, Savanna’s Trucking Service in Australia has grown to include a variety of rental equipment vehicles for rig moving, rig planning, pipe transport, water haulage, maintenance services, and much more.

“We are now running 17 trucks, 25 trailers, 10 dollies, four water tanks, four frac tanks, and four loaders,” says Thomas Ingledew, General Manager –Logistics, located in Toowoomba.

Ingledew says it was the industry’s growth in Australia, and Toowoomba in particular, that lead Savanna’s Trucking Fleet to expand and diversify.

The nearby Bowen and Surat Basins have placed Toowoomba in the forefront of the Oil and Gas industry there, since the area is the only regional city that can support the necessary infrastructure. With upwards of four thousand wells to be drilled into these basins in the next few years, there is huge opportunity to get involved.

“It’s a good time for anyone to be in Toowoomba,” Ingledew says, and Savanna has been.

“Right from the beginning we have worked to define ourselves as a supplier of choice.

Ingeldew says that Savanna is a company which prides itself on looking after the customer, looking after the equipment and looking after the employees; and one does not take precedent over the other.”

If we can show this to the energy companies, Ingledew believes that Savanna has an opportunity to move forward in Australia with major energy companies.

“By partnering with the likes of Shell or APLNG, we can grow with them and be at the very cusp of development of this industry in Australia.”

The Logistics Manager also points out that the rental industry in and around Toowoomba offers a great amount of opportunity for Savanna to grow in the coming years if the culture transitions from “own and buy” to “rent”.

Until now, the oil and gas industry in Australia has never been big enough to support a rental business, but now with both oil and gas companies finding their place down under, more people have expressed interest in renting over buying.

“Combining drilling, completion, trucking, and rentals provides a really good mix,” Ingledew says. “It allows us to be able to support our customers in whatever phase they want to move through.”

Part of this support comes with preparation, he adds.

“The key to being a partner with the energy companies is to integrate with them and become part of their operations so that they look at you as being another division of their business.”

So far the trucking divison and others in Australia have been successful in

doing this with Origin Energy, and are hoping that they can continue to build and maintain those strong relationships with other large companies.

“Bigger companies, who, in the past, have not had options, now have a company like Savanna who has come along and said we will do it for you, we will do it right, we will get the equipment that you need, and we’ll be your partner moving forward,” Ingledew explains.

So far this has offered Savanna Australia a great amount of success, winning bids and reaching the top of the list for quality partners.

Ingledew says that moving forward, Savanna needs to look at opportunities from an ethical perspective as well.

“We’re not here to make a fast buck or come in, rip somebody off and head out of the country. We are here for the longer term so our decisions need to reflect that.”

Tom Ingledew, General Manager — Logistics


Sustainability Defined: Savanna Rig 620

Photo BelowRig 620 Crew (From L to R): Barry Jay (Triaxon consultant), Brady Kowalchuk (Lease-hand), Curt Panisiak (Motorhand), Keith Marr (Rig Manager), James Pugh (Driller), Jamie Walsh (Floorhand), Dustin Sofonoff (Floorhand), and Herb Steinke (Derrickhand)

Photo AboveRig 620 Crew (From L to R): Travis Robinson (Driller), TJ Yarrow (Derrickhand from Rig 625), Jim MacNamara (Motorhand), Ken Pley (Derrickhand), Eric Beauchamp (Floorhand), Doyle Dosch (Derrickhand)

Savanna rig 620 recently received some great news: they were chosen from a list of potential rigs and crews to complete a contract for TriAxon.

“It was the talk of the day on the site when they told us,” says Driller, James Pugh. “Everyone was pretty excited!”

Pugh has been working with the Rig 620 crew for a number of years, and was part of the reason that TriAxon decided to make the decision that they did.

Jeff Saponja , President and CEO of TriAxon, says that the low turnover in drillers on the Rig impacted their choice.

Other motivations they had for choosing Rig 620 included the long Operator history; the fact that it had working recently; as well as its efficiency.

“This rig stood out above the others in these ways which we took to mean that the crew has experience,

and is competent in their work,” Saponja says.

Within the first number of weeks working with Rig 620, TriAxon has noticed their commitment to sustainability.

“The rig has achieved our objective as a company with less than average problems,” Saponja says. “You can tell that the crew cares about their work.”

Rig Manager Keith Marr, has only been working with the crew on 620 for a couple of weeks now, but already he has noticed what a great group of guys they are to work with.

“They work well together and keep everything well maintained,” Marr explains.

His thoughts are echoed by Ken Isaac, Field Superintendent for 620, who adds that it is the attitude from the workers that has made such a difference in the contractor’s choice, and, ultimately, their ability to get work.

“It’s a great crew,” says Isaac. “They’re a bunch of respectable guys, very trustworthy and honest.”

Isaac has known some of the guys who have been there on the crew since day one. Even when the rig stopped work in April, as soon as it started up again in September, the guys came back.

“Everyone took the opportunity to go back to the rig when it opened up because they said ‘that’s where I belong.’”

Instead of being focused on themselves, Isaac says these guys are very company-oriented and it shows.

“Anyone can learn from these guys that if you’re dedicated to the company you get work.”

Congrats to everyone on Rig 620 for their dedication to driving short term and long term successes!

Values IntegritySustainability: Drive Short Term and Long Term SuccessesRelationships

ExcellenceSustainability


2012 Savanna Scholarship Winner Bios

Samantha Kondor (Taber, AB) — Politcal Science, University of AlbertaParent — Michael Collard

Every since she was quite young, Samantha has had an interest in politics.

“Growing up in Alberta, especially because of the Oil & Gas, I found politics very interesting. My dad was always talking about it.”

Throughout her high school years, Samantha was involved in the Model United Nations club. Here, students were assigned a country to research. They also took part in debates on relevant topics such as the Rawandan genocide.

This club helped to peak Samantha’s interest in politics and helped her to realize it was something she wanted to do.

Dream Career: “Being a diplomat so I could be an ambassador for Canada.”

Monique Beaulieu (Calgary, AB) — Biological Sciences, University of British ColumbiaParent — Richard Beaulieu

Ever since elementary school, Monique has enjoyed science of all kinds.

“I always liked sciences the best because they seemed to be the most applicable to every day life.”

Through her career path and success, Monique says she wants to be an example of leadership and success for women and visible minorities to honour her ancestors and Métis heritage.

“These groups aren’t always given recognition but they have come a long way despite many difficulties,” she says.

Dream Career: “There are so many great jobs, I haven’t decided yet!”

Danick Normandeau (Calgary, AB) — Engineering, University of CalgaryParent — Robert Normandeau

Throughout high school, Danick loved sports especially volleyball.

“In the future, especially in business, you are always going to be working with people, so it was great to develop those teamwork skills in the volleyball club.”

Along with sports, Danick says he was never the artsy type but loved chemistry.

He has begun his post secondary education in general engineering at the University of Calgary and plans to focus on chemical engineering. He also hopes to go to Europe for a semester of study during his years of schooling.

Dream Career: “I want to own my own engineering firm.”

Zachary Miller (Brenham, TX) — Applied Mathematics, Texas A&M UniversityParent — Jeffery Miller

Zachary has held a passion for mathematics ever since his seventh grade math teacher found ways to challenge him and got him interested in the subject.

Throughout high school his passion continued, and now he says he is really enjoying taking math in University.

“It’s always been a huge passion for me, so I love learning more about it!”

Zachary is also taking part on the flag football team and loves playing ultimate frizbee.

Dream Career: Sabermetrician (the statistical analysis of baseball data) — “I’ve always loved baseball and math so it would be great to combine the two in a career.”

Drive Short Term and Long Term Successes

Savanna’s scholarship applications were evaluated by an external adjudicator and selected based on academic achievement and community involvement. Read on to find out more about each talented individual!


What’s Happening?

(From L to R): Randy Fritz, Michelle Schall, Kim Taylor, Nathan Toews, Al Little, Dustin Dunn

This road barely accomodates a pick-up never mind a sub!!

Rig 640 (From L to R): Shane Whithey, Michael Mills, Eric Mihalsky, Jeff Striegel, Johnathan Byler, and Darryl Baylor.

Oilfield services is definitely different in the beautiful and storied states of Pennsylvania and West Virginia. Roads to location are not only narrow, but often have houses within six feet of the road’s edge and there are more than a few leases that are located up steep and equally as narrow grades. With the challenging environment, Savanna’s rigs working in and around the Waynesburg location are in high demand because they continue to set the bar with their expertise and customer service.

Dave Hoogendoorn, on behalf of Savanna, contributed to the Stollery Children’s Hospital Foundation’s Golf Tournament.

Charitable Donation Claudia de Beer’s car in the middle of the parking lot!

In Waynesburg, Pennsylvania?

Don’t worry, Claudia,

we added in a parking

spot for you!


What’s Happening?

Murray Draper; presented by Bruce Nash

Chad McIvor; presented by Mike Millington

Ben Wolfmueller; presented by Vince Miller

Rig 640 (From L to R): Shane Whithey, Michael Mills, Eric Mihalsky, Jeff Striegel, Johnathan Byler, and Darryl Baylor.

James Austin; presented by Vince Miller

Shane Simons; presented by Mike Millington

James Winters; presented by Mike Millington Richard Waddy; presented by Dave Andrews

Chad Hebert; presented by Al Cyr

Rig 650’s crew (winner of Q2’s One Savanna’s Award) sport their new 1 Savanna jackets!

Congratulations again to Danny McEachern; David Romero; Kevin Frunchak; John White; Mike Frye; Sean Pierce; Alex Nicholas; Gord Selph; Alex Woodruff; Robert Mitch-ell; Zac Jones; Jordan Heggen-staller; Dan Mantz; Matt Laughter; Wayne Sandoval; Sasha Doubroff; Brian Gould; Justin Janeda; Tim Rempel; Tyler Steinkey.

Congratulations to these employees on their five year dedication to Savanna.

One Savanna Jackets

Five Year Rings

1SAVA

NN

A

RIG 650JULY 2012ONESAVANNAAWARD


Want to know how well you know your Australian Colleagues? Why not take this test to see if you really know what’s going on Down Under! Every month we will be asking 2 questions from the Oz IQ test, we will release the answers in the next Rig n Dig!

Yes it does exist! The Australian Slang Dictionary has over 900 uniquely Aussie words and it is the essential guide for all international visitors. Australian English is a language that can present understanding problems for many English speaking people (I’m sure many of you are nodding right now).

Due to the high density of flies that inhabit every nook and cranny of the entire continent, Australians have developed a highly efficient method of speaking that involved opening the mouth just enough to speak the words while minimising the risk of flies intruding into the mouth cavity. The result is the peculiar Australian accent called ‘strine’. Australians love colloquialisms and word plays. The results are often very funny, picturesque and invariably robust. Appreciating Australian slang leads to a better understanding of the Australian personality and the Australian sense of humour. It requires a healthy tolerance, a creative mind and a sense of the absurd.

This month’s new words:Ant’s pants—the best, something that is really goodBanana bender—QueenslanderCanary (yellow)—unroadworthy certificate “They put a canary on my car”Mucking around—fooling around “Stop mucking around!”Togs—swimsuit

Meet & Greet

Do You Speak Australian?

Kellie LehmannReceptionist/Travel Coordinator

What are you doing if you SLIP SLOP SLAP?

a) Doing an ordinary job of washing the floorb) Playing a messy drinking gamec) Donning a shirt, sunscreen and a hatd) Jelly wrestling

If you come from “the land down under, where women glow” what do the men do?

a) Plunderb) Blunderc) Wonderd) Hear the thunder

Australia Operations

On 24 October 2012, Savanna 67 Ice Breaker was hosted by Santos in Toowoomba and co-facilitated by Santos. and Savanna.

Afterburner Team Building Session

SSavanna Rig 67Ice Breaker

The Rig 67 crew were involved in planning an attack on an enemy position that has launched a Cruise Missile at their rig (without success)!! They must engage the enemy, ORIGIN-QGC-ski, who are positioned on a peninsula, and Savanna’s Air Force Squadron must attack without losing more than one pilot. The “Commanding Officers”, for the activity are the Rig Managers who were given the title Aces.

The groups (Squadrons) were divided into 4 separate teams who were then asked to adopt a position at random, and as such demonstrate team work in under tense circumstances.

Utilizing a 6 Step Planning Process the teams were to develop their plan in 60 minutes and then engage the enemy’s headquarters and four other targets!!

L to R: Clayton Holman (Aces), Adrian Greener (Boogers), Colin Wells (Aces)

Armed Reconnaissance Briefing!

RnD: Where is home or where are you from originally?

KL: I was born and raised in the Lockyer Valley and moved to Toowoomba for work 2 ½ years ago. Although I miss the country, I love the convenience of living in a town.

RnD: How did you come to arrive at Savanna?

KL: I was looking for a career change after working in property management for 3 ½ years and was lucky enough to find a position at Savanna.

RnD: What about the opportunity to work for Savanna appeals to you?

KL:There is never a dull moment! Every day is busy and I love meeting new people.

RnD: Any hobbies or interesting facts we should know about you?

KL: I love to bake, which is fortunate because the staff in our office like my Mars Bars slice!!


IT News—by Brett Moseling—IT Specialist

IMPORTANT SAFETY ANNOUNCMENTENERGY DRINKS BANNED— by Stephen Gray

Training Team Update

Savanna Energy (Australia) Training Team are located in the Toowoomba Offices in the demountable shacks at the rear of the Warehouse.

Taryn Ashton Training Coordinator has recently been appointed as the Training Coordinator and comes with a wealth of experience in Teaching, Administration and numeracy /literacy skills.

Jim Bakanec Field/Technical Training & Assessment Manager is an experienced Rig Manager with OH&S qualifications and extensive experience with Technical training both here in Australia and in Canada.

Graham Hayes, Training & Assessment Manager is an experienced Manager, OH&S Adviser and Trainer who has a Defense Force background prior to joining the CSG industry.

If you need to enroll in a certificate course or ticket courses, need some coaching or just want to clarify some of your training requirement s please contact any member of the team and we will assist. Our contact details are:

PAYROLL NEWS, by Marcia Wilkinson—Payroll Team Lead

This month we are going to start rolling Windows 7 out in Australia. Windows XP has reached the end of its life and it’s time to upgrade. What does this mean for Savanna Australia employees? Your computer

will look a bit different than before. Windows 7 offers plenty of new features including easy intuitive search functionality, snap performance improvements, security improvements plus much more!

When it’s your turn for upgrade we will contact you and arrange a time to upgrade your system. This process should take about an hour.

Savanna IT Australia plans on having all of our office users upgraded by the end of the year. Rig laptops and field user systems will be upgraded during the first few weeks of 2013

Never fear if you have not used windows 7 before IT support in Canada have put together a collection of tutorials to help you know your way around windows 7 better than you ever knew XP. These can be found on Savnet.

And remember: to go forward you must backup!!

Graham Hayes. Tel: 07 4633 6789 Mob: 0427 249 658

Jim Bakanec. Tel: 07 4633 6790 Mob: 0417 781 628

Taryn Ashton. Tel: 07 4633 6700 Mob: 0421 178 762

DON’T FORGET TO LOOK OUT FOR OUR

TRAINING SCHEDULES!!!

L to R: Taryn; Jim; Graham

Did you know:

• If you don’t log on to the ADP website to access your payslips etc for a period of 3 months your access will be deactivated and you will need to have your password reset by payroll. Your access to the ADP

website is also closed immediately on running your last pay when you resign, or are terminated.

• Sick Leave – you must complete a Sick Leave form if you wish to receive sick leave entitlements. You must also provide a medical certificate if you are off for more than 2 days.

• Accrued Field Service Days – if you want extra days paid out you must complete the Request form and hand it in no later than 10:00am Monday morning following the end of the pay period.

• Superannuation – thinking about changing Superannuation Funds, please contact us before you do so, as we need to make sure any unpaid contributions owed to you have been paid prior to changing or closing any super fund.

With regard to recent incidents occurring in the Savanna Workforce which have an association with the

consumption of Energy Drinks, Savanna Australia has decided to ban all Energy Drinks from the Australian Operation.

This decision is based on research conducted by the Medical Association which clearly shows that there are dangers to the health of our workers if they consume these types of drinks. Further discussions held with Senior Management on the contents of the Energy Drinks agree with the concerns raised.

As from this date, all Energy drinks are banned from the Savanna Australian Operation.

I look forward to your cooperation in assisting Savanna with this decision to ensure that we provide a duty of care to all our employees and contractors.

Banned drinks include but are not limited to: Amp; Arizona Rocket Fuel; Bawls; Boo Koo; Elements; Energy 69; Go Fast; Gorilla Juice; Hair of the dog; Hype; Monster; Omega PimpJuice; Red Bull; and RockStar.


Exclusive Interview with CAODC President, Mark Scholz

Can you tell me a bit about your background?Before becoming president of the Canadian Association of Oilwell Drilling Contractors (CAODC) I was Manager for Technical Services in the association for about three and a half years. Prior to that I was in banking with ATB Financial, and I went to school at University of Calgary for Political Science and Finance.

What are your thoughts regarding the upcoming season?I think 2013 will be a stable year. I don’t think we’re going to see any significant changes from 2012 so I think things will be stable but uneventful.Overall, I think we’re starting to get out of a significant lull that we were in three years ago, but I think the oil and gas industry as a whole has a very good appetite on the demand side making it a very good industry to be in right now.

Does the same apply to the industry in other parts of the world?Certainly. I think the oil and gas industry as a whole is positioned to have tremendous growth for the long term. In particular, I think Canada is in very good shape to see tremendous growth because the Canadian jurisdiction is one of very few in the world that has a free enterprise approach to economics and has a tremendous reserve of resources.

How about the United States?With some of the gas reserves and deposits, the US has been given the prospect that they could be self-sufficient or at least lessen their reliance on foreign oil. Three or four years ago that was absolutely unheard of but there are some very intelligent folks who are saying that this is a reality and that will definitely change the dynamics in the industry in North America.

Is there a sustainable number of rigs in Alberta right now?Right now we have about 820 rigs, not all of those rigs have the capacity to go after the plays that customers are investing in. For example, we have a number of shallow rigs in our fleet

that would have gone after shallow gas when gas was higher than it is now. Those rigs will not be working for a very long time unless we see an significant rebound in natural gas. At the end of the day companies will be making their business decisions on new builds or laying down or de-certifying based on the conditions of the market. If operators are saying we need more rigs or a certain type of rig built then the supply and demand forces will come into play and we’ll see an increase in supply in rigs. I’m a firm believer in free market, I think at this point in terms of the overall rig count, I think it is meeting the demands of the western Canadian economy.

How is it finding labour?Very tough. It’s our understanding that our members are seeing a lot of resumes for green postions, the challenge we are seeing now is recruiting for the Derrickhand position and up. There are a lot of competing sectors outside of the drilling/well servicing industry that are causing a supply crunch on those skilled people — construction in Fort McMurray, ship building in Halifax or off shore drilling in Nova Scotia. These industries are starting to attract people that we used to rely on. The labour supply is certainly a very critical area that we are watching. If we don’t deal with it, there is a possibility that wages could get so out of control that we price ourselves out of the market since the costs are so high already.

What can be done to solve this problem?The first short term solution is temporary foreign workers. The CAODC is working with the federal government to look at ways to make it easier for its members to obtain temporary foreign

workers so instead of having 10 steps, we would have the first six done so you only have four left. The other solution is more long term. In Canada, we have places like Ontario, Quebec, parts of Atlantic Canada where we have systemically high unemployment so we need to figure out how we can incentivize people — through federal programs, provincial programs, or taxation— to relocate to western Canada where the jobs are. We have to look at this very carefully as a country. If we want to grow and expand our GDP and continue our standard of living how do we make sure we look at this as a country issue as opposed to a regionalized issue.

Are there any exciting changes coming for the CAODC?I’ve been president for a year and a half and we’ve made a lot of changes internally. From the average members’ perspective they might not have seen much change from the outside but on the inside we’re doing some major overhauls. We have a three year strategic plan and we’re intensifying our government relations. We’ve come to understand the importance of the CAODC in the upstream oil and gas industry and we are trying to articulate that and inform and educate public policy makers on that reality. The big thing for CAODC is that on an advocacy and communications perspective we have three pillars: we want to reach out to the public and government — we’re doing that. We want to reach out and be better in touch and in tune with our members, and we want to better educate and be engaged with our industry stakeholders — operators, producers, service sectors, and that’s what you can see in the near future at the CAODC.


Savanna Photo Contest Winners!

1st Place — Equinox by Isaac Beadle

2nd Place — Winter Scene by Joyce Telford 3rd Place — Lightning by Kyle Fors

Congratulations to our winners and thank you so much to everyone who contributed to making this year’s photo contest such a success! If you regret not getting your photo in, don’t worry! We love showcasing the work of our employees in the newsletter so send in any photos you have of yourself, your team, or any fun shots to [email protected].


Keep track of your money: Start with knowing your RRSP contribution limits.

Maximizing your contributions to your Savanna Energy Services Corp. Retirement Savings Plan is the easiest and most effective way to save for your future, while enjoying the double benefit of tax-deductible contributions and tax-sheltered investment earnings.

But it’s up to you to keep track of your contributions and know your own personal contribution limits.You are responsible to make sure that you don’t over-contribute to your Registered Retirement Savings Plan (RRSP).

How much can I contribute?Generally, you can contribute up to 18 per cent of your previous year’s earned income, up to an annual maximum, less any pension adjustments (PA) plus any unused RRSP room from previous years.

Canada Revenue Agency (CRA) limits apply to your total contributions (including employer contributions) to all your retirement savings plans, including other personal or spousal RRSPs. Refer to the table below for more information regarding established annual contribution limits for RRSPs.

How do I know my personal limit?You can always find your personal RRSP contribution limit on your latest Notice of Assessment from the CRA or visit www.cra.gc.ca.

If you reach your RRSP limit, you can still take advantage of company matching contributions from Savanna. Call Sun Life Financial at 1-866-733-8612, or sign in online at mysunlife.ca/savanna using your access ID and password, to redirect your payroll deductions to the Non-Registered Savings Plan (NREG).

Checking up on your contribution limit?If you have over contributed, you could be subject to a one per cent monthly penalty tax on contributions that exceed your RRSP deduction limit by more than $2,000. Make a point of tracking your contributions and knowing your allowable contribution limit to avoid unnecessary penalties.

Have you not enrolled yet?Act now to take advantage of this opportunity. For more information on how to enroll with Savanna Energy Services Corp. Retirement Savings Plan, go to:

• Savanna tutorial video - RSP Enrolment: http://sesc-vmsp2010/hr/Pages/Video-RSPEnrolment.aspx

• Contact your Benefits Administrators:

o Adiel Rautenbach - (403) 267-6779 or [email protected]

o Sylvia Sargeant – (403) 214-5950 or [email protected]

Questions? Call Sun Life Financial’s Customer Care Centre at 1-866-733-8612, any business day from 6 A.M. to 6 P.M. MT.

CRA RRSP and SPOUSAL RRSP limitYear20122013

Limit$22,970$23,820

CRA establishes annual allowable limits for contributions to RRSPs as shown in the following chart:


By way of background, the Risdon Cup is the prized trophy which is awarded each year to the winning A Grade team in the Darling Downs rugby union competition. The Darling Downs Rugby Union competition includes 17 local clubs and is unique with an area coverage of 90,000 square kilometres making it Australia’s largest rugby union competition on geographical size. The area takes in the Surat energy basin and includes the western towns of Dalby, Chinchilla, Condamine and Roma which all support thriving rugby union clubs and are surrounded by gas production. It was appropriate to develop a relationship with a company of the calibre of Savanna Energy Services as many of the young rugby players represent the type of workforce that Savanna would be looking to attract. The Risdon Cup Final Series enjoys strong local media coverage and provided an excellent platform to promote Savanna Energy Services who are making their presence felt on the local front.

After a month long final series which started with 5 teams all vying for the top spot, the final game came down to Goondiwindi playing Toowoomba Bears. Goondiwindi were the form team and many expected them to run away with a win. Toowoomba Bears had other plans and true to their proud origins, Bears had all the early running and looked to be heading for an upset win. Goondiwindi prevailed in the end to go out winners 27 to 22. This was an epic game played in front of 3,000 vocal supporters. After the game, Savanna Energy Personnel Manager — Australia, Christine Reid and Supply Manager Mark Reid presented the coveted Risdon Cup to the winning captain together with individual trophies. The Goondiwindi team were all presented with a striking Savanna Energy cap (see photo above).

Darling Downs Rugby Union was thrilled to have the generous support of Savanna Energy Services for the running of the Risdon Cup Grand Finals Series in 2013.

Directly Below: Goondiwindi Captain, Ben Todd, holding the Risdon Cup aloft after being presented with it by Mark Reid of Savanna Energy Services

Bottom: Photo of winning Goondiwindi team wearing Savanna Energy Services caps

Left: Mark Reid of Savanna Energy Services presenting a trophy to Goondiwindi prop Doug McDougall

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Rig-n-Dig October 2012