2008 Annual Report

Working Together for Sustainable SuccessPTAC MeMberS191 members as at March 30, 2009

ProduCerS – 24ArC resources Ltd.bP Canada energy CompanyCadence energy Inc.ChevronTexacoConocoPhillips Canadadevon Canada CorporationenCana CorporationenerMark Inc.Husky energy Inc.IFP Technologies (Canada) Inc.Imperial oil LimitedLaricina energy Ltd.Nexen Inc.Pengrowth Management LimitedPenn West Petroleum Ltd.Petro-Canada resourcesQuicksilver resources Canada Inc.Shell Canada Ltd.Suncor Inc. – resources GroupTalisman energy Inc.Total exploration & Production Ltd.Trident exploration Corporationunconventional Gas resources CanadaVermilion Gas resources Canada

TrANSPorTerS / MIdSTreAM ProCeSSorS – 7ATCo Pipelinesenbridge Inc.Inter Pipeline FundKeyera energy Ltd.Nova Chemicals CorporationPembina Pipeline CorporationTransCanada Pipelines Ltd.

VeNTure CAP ITAL – 2octane Venture PartnersPurple Mountain Ventures

reSeArCH ProVIderS – 8Alberta research CouncilAlberta Sulphur research Ltd.eI duPont Canada CompanyNatural resources Canada (CANMeT)Petroleum Technology research CentrePure elements environmental SolutionsSaskatchewan research CouncilTIPM Laboratory (Perm Inc.)

LeArNING INST ITuT IoNS – 3SAITuniversity of Albertauniversity of Calgary

GoVerNMeNT – 5Alberta energy research Institute (AerI)Alberta Finance & enterpriseCanada revenue Agency - Calgary CTSo Sr&ed SectionProvince of british ColumbiaSaskatchewan Ministry of energy and resources

INdIV IduALS – 7Hoopfer, dwayneKearsey, JohnKenny, JamesLloyd, ericPutt, Kenradke, GeraldTodd, Murray

SerVICe ANd SuPPLy CoMPANIeS – 1353 esi3M Canada - oil and Gas divisionAbandonrite enviro Services Corp.Advanced GeotechnologyAdvanced Measurements Inc. - oil and Gas divisionAeCoM Canada (formerly Gartner Lee)Afina energy Inc.AGAT Laboratories Ltd. - Hydrocarbon divisionAir Liquide Canada Inc.Alberta-Pacific Forest Industries, Inc. Woodlands divisionAlfa Laval - Process Technology oilfield Marketing unitALS environmentalAMeC earth & environmentalArCAdIS CanadaAXIA NetMedia Corporationblue Source Canada uLCboreal Laser Inc.brine-Add Fluids Ltd.C5 oilfield enterprises Ltd.Camcor Capital Inc.Canada Tech CorpCanadian Fertilizers LimitedCanadian HSe registryCentury oilfield Services Inc.CH2M Hill energy & ChemicalsChinook engineering Ltd.CISCo Systems Canada Co.Clean Well Tools Ltd.Clearstone engineering Ltd.Combo energy ServicesComputer Modelling Group Ltd.Cyberadaily oil bulletindALKIA Canada

delacom detection Systems, LLCdeloitte - research and development, TaxebA engineering Consultants - research departmenteco roads Ltd.emerson Process Management - Copeland ScrolleNeFeN energy efficiency engineering Ltd.energy Navigator Inc.enviroSafe Technologies Inc.envirosoft Products Inc.epcorepic Consulting Services Ltd.epicentre Consulting Ltd.eTX Systems Inc.expro Group Canada Inc.extreme Telematics Corp.Fekete Associates Inc.Ferus Gas IndustriesFlextronicsGas Liquids engineering Ltd.GChem Ltd.geoLoGIC systems Ltd.Gowling Lafleur Henderson LLP (Intellectual Property development)Ground effects environmental Services Inc.Guildone, Inc.Gushor Inc.Hatch energyHIFI engineering Inc.Hyperion Technologies Inc.IHSInnicor Completion Systems - A division of Innicor Subsurface TechnologiesIntelliView Technologies Inc.Katch Kan LimitedKPMG High Technology Practice GroupLittle Guy oilfield rentals Inc.LoadTrakLonkar Services Ltd. - Technology departmentLxdata Inc.Macleod dixon (Technology enterprise Group)Mactronic enerflexMaple Leaf environmental equipment Ltd.Matrix Solutions Inc.MeI resourcesMeridian environmental Inc.Millenium eMS Solutions Ltd.MrCan Services Ltd.MSdS binders Inc.Myotis WirelessNaiad Company Ltd.

National Silicates - drilling Fluids GroupNew Paradigm engineering Ltd.Newalta - environment and Technology GroupNoetic engineering Inc.Norwest Corporationoilflow Solutions Inc.orion Projects inc.oxand Technologies Inc.outland Technologies IncP.K. Services InternationalParadox Access Solutions Inc.Paragon Soil and environmental Consulting Inc.Pason Systems Inc.Pathcom Wireless Inc.Portfire Associates Inc.Praxair Canada Inc.PressSol Ltd.PricewaterhouseCoopers LLP Technology (TICe) PracticeProcess ecology IncProTechnicsQ’Max Solutions Inc.Quadrise Canada Fuel System Inc.rainmaker Global business developmentreaper Pumps Inc.reM Technology Inc.remediation Consulting Group Inc.rigstar Communications Inc.rPS energy CanadarWdI Air Inc.Schlumberger of CanadaScientific drilling International (Canada) Inc.ShawCor Ltd.Siemens Product Lifecycle Management Software (CA) Ltd.Sky Hunter exploration Ltd.SNC Lavalin - Studies and developmental ProjectsSproule Associates Ltd.SQFive Intelligent oilfield Solutions Ltd.Stantec Consulting Ltd.Sumitom electric Lightwave/AbF divisionSystemware Innovation CorporationTerra Water Systems LPTerrapro GroupThe Moorhead Group LLCT.L. Watson & Associates Inc.Total Combustion Inc.Trican Well Service Ltd.Triple d Technologies Inc.Tundra boiler & Instrumentation Ltd.uTI Limited PartnershipWelldunn ConsultingWorleyParsons Komexzed.i solutions

PTAC Technology Areas

eNHANCed eNVIroNMeNTAL MANAGeMeNT

• Emission Reduction / Eco-efficiency • Energy Efficiency • Resource Access • Air • Ecological • Soil and Groundwater • Water • Alternative Energy Solutions

IMProVed oIL ANd GAS reCoVery

• Conventional Oil and Gas Recovery • CO2 Enhanced Hydrocarbon Recovery • Coalbed Methane/Unconventional Gas • Oil Sands • Heavy Oil

uPGrAdING, reF INING, PeTroCHeMICAL

TeCHNoLoGIeS, ANd TrANSPorTAT IoN

• Hydrocarbon Upgrading • Refining • Petrochemicals • Hydrogen • Gasification • Pipelines • Integration • Transportation

PTAC Technical Areas • Drilling and Well Completion • e-Business • Facility Design • Geosciences • Health and Safety • Instrumentation/Measurement • Operations • Production Engineering • Reservoir Engineering • Security • Telecommunications

Message from the Board of Directors

While depressed oil and gas prices are proving to be a hallmark of the current economy, pressure to manage environmental impacts and reduce greenhouse gas (GHG) emissions continues unabated amidst the challenge to reduce overall recovery costs and improve the efficiency of operations. This dramatic economic and political contrast has industry stakeholders throughout the world wrestling with the same question: How can we continue sustainable and profitable hydrocarbon resource development in this depressed economic environment?

The economic downturn, changes in consumer behaviour, the implementation of measures to increase fuel efficiency, and the adoption of alternative energy sources have already resulted in reduced global market demand for oil and continued significant downward pressure on oil prices. At the same time, the environmental policy of the new administration in the US will likely put significant pressure on industry to reduce GHG emissions in particular and the environmental footprint in general.

Surveying this shifting global landscape, it is imperative that we ask two fundamental questions:

1) How can we develop and produce our conventional and unconventional hydrocarbon resources in a sustainable and profitable manner? 2) How can we convert our resources to production in time and in an efficient and orderly manner to meet the future global demand?

Globally, it is estimated that the world has over 11 trillion barrels (bbls) of light/heavy oil and bitumen resources in total reserves. One trillion bbls have been consumed already, and 1.3 trillion bbls are recoverable with existing technology, leaving approximately 9 trillion bbls of resources untapped. However, technology development offers the opportunity to increase the reserves accessible from these 9 trillion bbls of trapped oil, and to reduce the costs of producing existing reserves. The need to develop new technologies to convert these vast resources into production and reduce the cost of recovery is becoming increasingly evident. If we can develop new technologies and increase the recovery of Canada’s bitumen resource to 30%, which is equal to the current rate of recovery from light oil resources, Canada’s oil reserves could exceed the current reserves of the entire Middle East. In addition, tremendous unconventional gas resources remain untapped. Canada alone has 1500 trillion cubic feet (tcf) of tight gas, 500 tcf of shale gas, 500 tcf of coal bed methane and a massive 28000 tcf of gas hydrates resources. To put this in perspective, Canada’s unconventional gas resources are more than four times the global gas reserves that are currently available using prevailing technologies.

We have enough known conventional, unconventional, and undiscovered resources to meet the foreseeable demand for oil and natural gas. However, converting most of these unconventional resources into economic reserves will not be without challenges, particularly in this difficult time when costs are high, oil price is low, and the expectation to manage the environmental footprint is real.

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PerSoNNeL

Soheil ASgArpourPresident phone: 403-218-7701email: sasgarpour@ptac.org

Arlene Merlingdirector, operations/Membershipphone: 403-218-7702email: amerling@ptac.org

Bruce peAcheyTechnical Advisor, Increased recoveryphone: 403-218-7720email: bpeachey@ptac.org

chriS godwAldtTechnical Advisor, Water Innovationphone: 403-397-3189email: cgodwaldt@ptac.org

BrendA BellAndManager, Knowledge Centrephone: (403) 218-7712email: bbelland@ptac.org

tAnniS SuchManager, environmental research Initiativesphone: 403-218-7703email: tsuch@ptac.org

SuSie dwyerInnovation and Technology development Coordinatorphone: 403-218-7708email: sdwyer@ptac.org

lorie Freir&d Initiatives Assistant / Website Administratorphone: 403-218-7707email: lfrei@ptac.org

BoBBi SinghAccountantphone: 403-218-7723email: bsingh@ptac.org

trudy highAdministrative Assistantphone: 403-218-7711email: trudyh@ptac.org

M I S S I O N

To facilitate innovation, collaborative research and technology development, demonstration and deployment for a responsible Canadian

hydrocarbon energy industry.

V I S I O N

To help Canada become a global hydrocarbon energy technology leader through innovation, collaborative

research and technology development, demonstration and deployment for a responsible Canadian

hydrocarbon energy industry.

Contact Us

For further information, please contact: ptAc petroleum technology Alliance canada

Suite 400, Chevron Plaza, 500 Fifth Avenue SW, Calgary, AB Canada T2P 3L5

MAIN: (403) 218-7700 FAX: (403) 920-0054 eMAIL : info@ptac.org Web S ITe : www.ptac.org

As new discoveries become smaller in size, and our conventional reserves are depleted, we are going to be forced to reach beyond the low -hanging fruit.

Exploitation of our unconventional resources now demands the development of sophisticated technology that significantly impacts capital and operating costs. Given requirements for new infrastructure, more energy input, and increased water usage to extract unconventional resources, environmental impact is also a significant consideration. Our challenge is to find suitable technologies to produce commercially from these resources while minimizing the environmental footprint.

The ups and downs of the commodity market have taught us a valuable lesson. We cannot rely on high prices in order to achieve profitable sustainable development of our conventional or unconventional resources. Commodity prices are not within our control, and we can only manage what we can control.

Our Canadian experience proves that innovation and the application of technology are the key to profitable and sustainable development of both our conventional and unconventional hydrocarbon resources, and oil sands resources in particular. From the late 1960s to the late 1990s, and then into the early 2000s, innovation and the application of existing and emerging technologies led to a substantial reduction in the cost of oil sands development. Today more than ever, we need government and industry support for ongoing and future technology development. Strong leadership and commitment by both government and industry have been and will continue to be instrumental in developing these technologies. For example, the government of Alberta invested over 80 million dollars and worked closely with industry in the development of SAGD technology, which led to the conversion of significant in-situ oil sands resources into reserves. Such collaboration between government and industry is integral to the successful development of technology. Likewise, industry leadership is also crucial. For example, EnCana Corporation has shown great leadership in the development of PTAC-facilitated eco-efficiency projects to reduce GHG emissions and costs. These projects will benefit the entire industry.

The current economy is challenging, but to ensure the future of our industry we need to commit both intellectual expertise and financial resources to develop technologies that enable sustainable, profitable production of our conventional and unconventional hydrocarbon resources. Collaboration among all stakeholders is essential to the development of these non-competitive technologies. To achieve this, we require an appropriate business

model for the development of technologies that will both lower costs and minimize the environmental footprint and yet enable commercial production of challenging resources on a scale that is competitive with the lower-cost production of hydrocarbons from places like the Middle East. PTAC has developed this much-needed business model.

The PTAC collaborative model encourages the leveraging of financial and intellectual expertise across all stakeholder groups to develop needed technologies and allow innovations to be pursued in a timely manner while minimizing the risk of costly duplication. Over the past twelve years, PTAC has established a proven track record demonstrating the value of using this collaborative approach to develop and disseminate technologies. A recent example is PTAC’s CO2-Enhanced Hydrocarbon Recovery project to reduce GHG emissions. Project funding was shared among the federal and provincial governments and seventeen companies. This approach has provided high leverage and economic returns on investment for the participants, much higher than they would have enjoyed by funding the research individually. In addition, the leveraging of intellectual expertise amongst the participants has been priceless.

No matter the economy, the fact remains that we have tremendous petroleum resources remaining to be recovered, and there is absolutely no limit to our potential for innovation and creativity. To harness the potential of these resources, we need to invest in research and development to find effective solutions, and there are significant benefits to pursuing these in a collaborative manner. Working together, we can increase our production and reserves in a sustainable manner that is sensitive to the need for both cost reduction and reduced environmental impact, while respecting proprietary ownership of technologies.

From the very beginning, PTAC volunteers have formed the cornerstone of this organization, dedicating their time, energy, and talent to pursue this collaborative approach. Many expert volunteers have dedicated their valuable time to PTAC’s Board of Directors, Board Committees, and technical steering committees and subcommittees. We would like to take this opportunity to thank the two hundred and eighty volunteers who have carried on that legacy of service in 2008 by dedicating this Annual Report to them; after all this is what PTAC is all about.

Soheil Asgarpour, Ph.D., P. Eng Fred HutchingsPreS IdeNT CHAIrPerSoN

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PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA 2008 ANNUAL REPORT

ACHIEVEMENTS 2008

Key Accomplishments

The Alberta Saline Aquifer Project (ASAP) and the Alternative Energy Solutions for Oil Sands Project (AESOS) exemplify the major steps PTAC has taken with industry partners in 2008. ASAP, led by Enbridge and operating under the PTAC CO2 EHR Committee, will identify and prioritize three or more suitable deep saline aquifer locations for a pilot program to demonstrate the feasibility of CO2 sequestration. PTAC has assisted with the preparation of a funding development plan, funding applications, information dissemination and administrative services to launch this project. ASAP involves industry participants, government agencies, academic organizations and consultants working in the PTAC collaborative model to design and demonstrate safe and reliable long term sequestration utilizing 1,000 to 3,000 tonnes of CO2 per day. In addition, this project will clarify and establish a template for pore volume ownership and regulatory requirements of injecting CO2 into a saline aquifer. A successful demonstration will enable saline aquifer sequestration to play a pivotal role in reducing CO2 emissions in Alberta.

At the same time, PTAC’s Alternative Energy Committee launched the second phase of the AESOS Project. In 2007, PTAC initiated a phased study to evaluate the potential for using nuclear technology to produce CHP (combined heat and power) and hydrogen. The first phase focused on evaluating nuclear technologies to determine their fit with typical requirements for both thermal in-situ and mining projects with an upgrader. In addition to current commercial technologies, Phase 1 also included an assessment of next-generation nuclear technologies, that is,

those that are near commercialization but not yet in commercial use. In second quarter 2008 PTAC launched Phase II of this study focusing on the application of High Temperature Gas Reactors.

PTAC, with the support of the National Research Council of Canada – Industrial Research Assistance Program (NRC-IRAP), concentrated on providing increased support to SMEs in transforming ideas, technologies and “know-how” into a product or service to benefit the industry. Continuing the program launched in 2007, PTAC staff and contracted subject experts provided support to SMEs to help them make significant advances in moving their technology forward in a value-added manner and adapting their technologies to better meet specific industry needs. PTAC offered assistance by supporting innovation, technology transfer, and project initiation and execution. PTAC developed and launched SME-specific website pages to help SMEs better understand how to efficiently get their new products developed, demonstrated and supported through effective technology demonstrations. Over 50 SMEs presented their research and technologies at PTAC conferences, forums and information sessions in 2008. At this critical time for the oil and gas industry, this initiative has helped bring SMEs, organizations and stakeholders together to share how they can overcome challenges and achieve results within the hydrocarbon energy industry. PTAC will help SMEs develop the right technologies and encourage innovation through knowledge sharing, networking with industry and other stakeholders and partnership creation.

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petroleuM technology AlliAnce cAnAdA 2008 ANNuAL rePorT

Success We Can Build On

In 2008, PTAC completed the reorganization and streamlining of the historical Technical Areas of Interest into three main PTAC Technology Areas and a small number of complementary Technical Areas. As a result, PTAC was able to focus more intently on project management in the technology areas of Enhanced Environmental Management, Improved Oil and Gas Recovery, and Upgrading, Refining, Petrochemical Technologies, and Transportation. PTAC accomplished many diverse goals in each of these areas, from the coordination of successful events such as the Global Petroleum Conference, to the launch of multi-million dollar research projects under TEREE (Technology for Emission Reduction & Eco-Efficiency), AUPRF (Alberta Upstream Petroleum Research Fund), and ADOE (Alberta Department of Energy), to taking new steps with industry partners in collaborative research under the CO2 and Alternative Energy Committees, and helping Small and Medium Enterprises (SMEs) make new inroads in bringing their technologies to industry.

Building upon the new structure unveiled in 2007, PTAC continued to tailor their 2008 events calendar to ensure clear alignment with stakeholder demand. The resulting events were very well attended, and offered participants timely and relevant learning opportunities to bring valuable information back to their organizations. In May, PTAC once again held the annual 2008 Spring Water Forum, a very successful one-day conference where eleven presenters discussed existing and emerging technologies to reduce water consumption. Then in June, the world took notice as PTAC hosted the Global Petroleum Conference, which included 104 technical and business presentations by nationally and internationally respected experts. The conference focused on reducing overall costs and minimizing the environmental footprint using innovative technology solutions. Over the course of three days the speakers brought the latest updates on conventional and unconventional resources. However, the highlight of the event was the 2008 Plenary Panel Session moderated by Mr. Peter Mansbridge, chief correspondent for CBC Television News. This session allowed for open and candid public discussion of the current issues facing the hydrocarbon energy industry. The distinguished panel included Honourable Ed Stelmach, Premier of Alberta; Mr. Gerri Protti, Executive Vice-President, Corporate Relations, and President, Offshore & International Division, Encana Corporation; Mr. Kevin Meyers, President, ConocoPhillips Canada; HE Mohammed bin Dha’en Al Hamili, Minister of Energy, United Arab Emirates; Mr. Sami Fahed Al-Rushaid, Chairman and Managing Director, Kuwait Oil Company; and Dr. Soheil Asgarpour, PTAC President. October saw over twenty speakers gather to share their knowledge in

reducing greenhouse gas emissions at the very successful Towards Clean Energy Conference.

In addition to events, PTAC excelled at project facilitation with the launch of several new research projects in the area of Enhanced Environmental Management. The Alberta Upstream Petroleum Research Fund (AUPRF), formerly known as Environmental Research Advisory Council (ERAC), provides funding for peer-reviewed environmental research studies. Consultants, and university and government scientists conduct these independent research studies, ensuring thorough and objective identification of necessary improvements and practical, cost-effective solutions. Public and private companies then apply these recommendations in the field to improve their environmental performance. In 2008, PTAC facilitated 17 projects receiving a combined total of $1.4 million in AUPRF funding. Industry funding leveraged government, institutional, and stakeholder support at a significant rate, resulting in projects valued at over $3.1 million. At the same time, PTAC expanded their facilitation of the AUPRF by adding a caribou research program to the existing program. AUPRF program funding was increased by approximately 50% over the 2007 program, demonstrating a renewed industry commitment to improving environmental performance. Additional research in Enhanced Environmental Management was conducted under the TEREE banner, as three exciting projects aimed at reducing greenhouse gas emissions and increasing eco-efficiency were launched or completed in 2008.

In addition, in 2008 PTAC was awarded a $1.5 M grant from the Alberta Department of Energy. This grant will assist in achieving the Department’s mission to optimize sustained contributions from Alberta’s energy and mineral resources in the interest of Albertans through support of a PTAC research program. This PTAC program is focused on the development of industry-identified technologies with a clear path to commercialization. The objective of the research plan is to promote the application of existing and emerging technologies and the development and adoption of new technologies to minimize the environmental footprint, maximize hydrocarbon recovery, and reduce capital and operating costs for the sustainable exploration, exploitation and development of hydrocarbon resources. The research grant provided by Alberta Energy will provide the foundation and structure to promote additional industry support and focus for projects, leveraging funding from industry and other organizations. Three projects valued at $1.48M were launched under this program in 2008.

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Maintaining a Firm Foundation in Uncertain Times

Over the past thirteen years PTAC has established a solid reputation as an organization that PTAC members and the Canadian hydrocarbon energy industry can rely on. Through sound decision-making and prudent financial stewardship, PTAC has ensured a firm foundation upon which to build research and technology development, demonstration, and deployment both now and into the future. Essential to this stability are the more than two hundred PTAC volunteers who form the bedrock of the organization, dedicating their time, energy, and talent to PTAC’s Board of Directors, Board Committees, and technical steering committees and subcommittees. Despite the uncertainty of the current economy, PTAC has put in place strategies to maintain their firm foundation through 2009 and into the future.

Most importantly, PTAC will continue to develop their membership and recognize the contributions of their volunteers. In 2008 PTAC established a new tradition of volunteer recognition, presenting awards to individuals who made an indelible impact on the organization and the industry. At the Annual General Meeting in April, PTAC held a formal awards ceremony to acknowledge and thank volunteers who had gone above and beyond in their leadership and contributions to PTAC Technical Steering Committees. In June, a luncheon presentation was held in conjunction with the Global Petroleum Conference to honour individuals in the special categories of Lifetime Achievement, Distinguished Service, and Volunteer of the Year. In 2009, PTAC will continue this tradition celebrating the achievements of their many volunteers, further strengthening the foundations of the organization.

PTAC is hosting the 2009 Petroleum Conference in conjunction with GO EXPO, a conference featuring three streams focusing respectively on Oil Sands, Operations, and Increased Recovery. The conference will aim to feature 60 speakers over the course of three days to bring the latest updates on conventional and unconventional resources. The conference will focus on reducing overall costs and minimizing the environmental footprint using innovative technology solutions. Once again, a panel discussion during the Plenary Session will bring together international dignitaries from around the world to discuss the challenges faced by industry in these difficult economic times. Peter Mansbridge, internationally acclaimed news anchor for the Canadian Broadcasting Corporation, will moderate an open dialogue focusing on the unique challenges for sustainable

development of hydrocarbons in the face of low oil and gas prices, and the opportunities this creates for using existing and emerging technologies to reduce costs and minimize environmental footprint with a view to achieving competitive clean energy production. Other PTAC events anticipated for 2009 include an Annual Spring Water Forum, the two-day Towards Clean Energy Conference in the Fall, and a series of environmental portfolio events focused on sharing the results of AUPRF research to be held throughout the year.

Enhanced Environmental Management will continue to be a major area of concentration for project development in 2009 under the auspices of TEREE, AUPRF, and the PTAC CO2 EHR Committee. PTAC is expecting to facilitate 23 projects receiving over $1.7M in AUPRF funding for research in the areas of air, soil, ecological, water and caribou issues. Meanwhile, a significant acceleration in TEREE projects is expected in 2009 with twelve planned projects currently valued at over five million dollars . An exciting Joint Industry Project is also about to get underway in 2009. This demonstration, to be led by Husky Energy Inc. and facilitated by PTAC, will capture and purify CO2 from the Husky Upgrader in Saskatchewan, and inject it into a Lloydminster-area reservoir for enhanced recovery. This project will mark the first time a combination of hydrocarbon base and CO2 is used for increasing recovery from the heavy oil reservoirs. Hydrocarbon energy industry stakeholders will benefit from the increased understanding of capture, purification, compression, transportation and injection technologies. In addition, PTAC’s Alternate Energy Committee and CO2 EHR Committee are evaluating and reviewing the option of launching the next phases of the AESOS and ASAP projects respectively.

In addition, a significant portion of 2009 research projects will focus on Increased Recovery. PTAC expects to allocate approximately $700K of the Alberta Energy Research Grant to launch collaborative R&D and demonstration projects to find technological solutions to maximize recovery from our world class resources while minimizing the environmental foot print and cost. The research grant provided by Alberta Energy will provide the foundation and structure to promote additional industry support and focus for projects. Industry and other organizations are invited to participate in these projects, which will provide tremendous opportunities to create value through the leveraging of financial resources and intellectual expertise.

In the difficult economic environment expected for 2009, SMEs will require more assistance to identify the technology needs of industry and provide technology solutions and suitable products

Innovative R&D Technology DevelopmentProJeCTS or NeW ProJeCT PHASeS LAuNCHed IN 2008

PTAC facilitated 25 research and development projects or new project phases during the course of 2008.

eNVIroNMeNTAL • UV Application for Selective Destruction of Emissions Consituents in the Oil and Gas Industry • Continued Development of Numerical Simulation of a Sour Gas Flare • Development of Novel Method to Detect and Locate Fugitive Emissions • PTAC Air Research Planning Project • Weathered PHC F2 and the Eco-Contact Pathway - Phase I - Quantifying the Effects of Weathering” • Development of Risk-based Environmental Assessment and Remediation Guidelines for Salt Releases to Muskeg and Other Wetlands Settings • Validation of Subsoil Hydrocarbon Criteria for Stratified Remediation at Upstream Oil and Gas Facilities in Alberta • Application of Different Measures of Bioavailability to Support the Derivation of Risk-based (Tiers 2 or 3) Remedial Benchmarks for PHC-contaminated Sites • Refining the Analytical Protocols for Methanol, Amines and Glycols • Boron Impacts in Soil a Produced Water Co-Contaminant • Efficient Strategies for Remediating and Revegetating Sensitive Landscapes: Oilsands, Saline Areas, Forested and Foothills Regions • Putting Grizzly Bear Research Results into Today’s Land Management and Planning in Northwestern Alberta: Continue Map and Model Development for Northern Alberta and Complete Interim Health Results for Grizzly Bear Populations in Alberta • Evaluating the Ecological Risk of Energy Sector Development on Burrowing Owls in Native Prairie Habitat • Development of Ecologically-based Criteria to Assess the Impact and Recovery of Seismic Lines • Removing the Wellsite Footprint • Linear features, forestry and wolf predation of caribou and other prey in west central Alberta • Wolf movements in relation to natural and industrial landscape features on caribou range in on east slopes of Rocky Mountains, BC

Teree • REMVue Slipstream Pilot Validation - Phase 3 • Fire-Tube Immersion Heaters Design Guide • Hydrogen Fuel Injection Unit (HFI) and Fuel Efficiency Data Collection and Measurement

INNoVATIoN • NRC-IRAP SME Phase 2 • Devon Technology Strategic Plan

ALTerNAT IVe eNerGy • Alternative Energy Solutions Phase 2

HeAVy oIL • Flue Gas Steam Stimulation

Co 2 eNHANCed HydroCArboN reCoVery • PTAC Carbon Capture and Storage (CCS) study Phase1

Technical Steering CommitteesIn 2008, PTAC facilitated eleven Technical Steering Committees, and two subcommittees:

eNHANCed eNVIroNMeNTAL MANAGeMeNT • Technology for Emission Reduction and Eco-Efficiency (TEREE) Steering Committee • Air Research Planning Committee • Soil and Groundwater Research Committee - Boron Working Group - Salinity Working Group • Ecological Research Planning Committee • Water Innovation Planning Committee • Alternative Energy Solutions Committee

IMProVed oIL ANd GAS reCoVery • CO2 Enhanced Hydrocarbon Recovery Steering Committee • Increased Recovery Steering Committee • Unconventional Gas Technology Roadmap Steering Committee • Viscous Oil Recovery Steering Committee

uPGrAdING, reF INING, PeTroCHeMICAL TeCHNoLoGIeS, ANd TrANSPorTAT IoN • Upgrading, Refining, Petrochemical, and Hydrogen Committee

Projects and Committees

outlook for 2009

to meet industry needs. With the continued support of NRC-IRAP, PTAC will respond by further expanding and enhancing its services to assist Canadian SMEs in the hydrocarbon industry. PTAC is developing a series of seminars/webinars to help educate SMEs and improve their knowledge of industry. The Oil and Gas Fundamentals for Small & Medium-Sized Enterprises (SME) seminar/webinar series will be hosted in 2009. Topics include overviews of the environmental areas of water, air and land - areas likely to have the most immediate impact on SMEs. Subsequent

sessions will be more focused on specific sub-topics in these three areas. In an effort to reach a greater number of SMEs, PTAC will provide webinar access to the sessions. These steps will assist SMEs to rapidly commercialize their technologies for sustainable hydrocarbon development while minimizing cost and environmental footprint for the hydrocarbon energy industry.

1 Potential project value reported reflects estimated overall cost of ten projects. Two projects have not yet had their value estimated.

petroleuM technology AlliAnce cAnAdA 2008 ANNuAL rePorT

...facilitating

ProJeCTS PTAC facilitated 25 research and development projects or new project phases valued at $4.9M during the course of 2008. PTAC provides industry with a neutral forum to work in collaboration, leveraging collective experience and expertise to identify opportunities, challenges, and potential solutions that require research or technology development. These discussions can lead to joint-industry projects where PTAC, as a neutral facilitator, assists with soliciting proposals and launching projects through a fair and balanced process. PTAC also identifies existing research and development to raise industry awareness and minimize duplication.

. . . networking

TeCHNoLoGy INForMATIoN SeSS IoNSIn 2008, PTAC facilitated ten Technology Information Sessions (TIS) attended by over five hundred participants. As a service to members, PTAC facilitates TISs for interested companies, providing benefits to both the presenting company and all those in attendance. The company presenting is provided a forum to solicit interest, feedback, participation or potential funding for new research and development projects; find industry partners to complete proposed research or technology development such as field tests or pilot sites; report on field test or pilot results; provide information on technology-related services; and market new technology to the Canadian oil and gas industry. Those in attendance have the opportunity to be exposed to these new projects and ideas through a targeted, facilitated presentation.

. . . engaging

ForuMS ANd WorKSHoPSPutting into practice its new targeted approach to events, PTAC hosted four forums and four workshops in 2008, attracting over five hundred and fifty participants. These targeted events provide industry members with an opportunity to gather with others to share ideas, opinions, and learning on a specific technical subject. In addition, over five hundred participants took part in the 2008 Global Petroleum Conference.

PTAC forums focus on broader needs or technical areas. These events are comprised of presentations detailing new technologies, case studies, and the objectives and results of current research, as well as providing opportunities for questions and answers. The goal of PTAC forums is to bring together the most up to date information from across the industry into an enriching learning experience.

PTAC workshops provide opportunities for participants to work collaboratively in focused groups to clearly define research and development issues, identify potential solutions, and select the best approach to move forward. Industry members are provided an opportunity to share their needs, and R&D providers are given an opportunity to hear about issues firsthand. Solutions are formed by leveraging the collective expertise and ideas of all participants, while protecting proprietary interests. PTAC hosts the workshops and is pleased to provide the necessary facilitation, administrative support, and coordination to launch projects once identified.

. . . informing

PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA 2008 ANNUAL REPORT

PTAC offers a variety of services to its members, and provides opportunities to benefit the Canadian hydrocarbon energy industry.

KNoWLedGe CeNTreThe PTAC Knowledge Centre provides public access to non-proprietary technical information on commercially available oil-and-gas-related technologies pertinent to the hydrocarbon energy industry. The collection, which is updated on an ongoing basis, focuses on including sustainable, eco-efficient, energy-efficient, and GHG-reducing technologies.

The Knowledge Centre offers access to core energy and premier technical databases. The Knowledge Centre Manager provides services to SMEs, technical steering committees, project performers, researchers, and others to help identify technologies and research needs, avoid duplicate research, and monitor industry trends.

Knowledge Centre Services for PTAC members include literature searches, search alerts, contact information for subject experts in industry, government, and academia. PTAC members are invited to provide non-proprietary technical information on their technologies to PTAC for display in the Knowledge Centre. Relevant materials are accepted on an ongoing basis.

. . . collaborating

TeCHNICAL STeer ING CoMMITTeeSPTAC Technical Steering Committees consist of PTAC members representing various industry sectors, governments, and non-governmental associations. These technical steering committees help to identify opportunities for collaborative research and technology development, raise awareness of existing research and technology through planning events, find solutions to challenges through the process of soliciting proposals and launching new projects, and promote involvement by informing appropriate colleagues of Technical Steering Committee activities.

. . . communicating

MeMber CoMMuNICAT IoNSPTAC is committed to ensuring effective communication with members. The PTAC website provides members with access to the most up-to-date information on PTAC projects, events, and activities as well as an extensive archive. Our bi-weekly newsletter, e-talk, delivers all the latest information on upcoming events and opportunities directly to members and interested stakehiolders through email.

For more information on the many benefits of PTAC membership please visit our website at www.ptac.org.

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PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA 2008 ANNUAL REPORT

Volunteers - our Core Strength and Foundation

petroleuM technology AlliAnce cAnAdA 2008 ANNuAL rePorT

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boArd oF d IreCTorS(as at December 31, 2008)

Fred Hutchings, Chair, PTACVice President and General Manager - Acquisitions, ShawCor Ltd.

Soheil Asgarpour, President, PTACPetroleum Technology Alliance Canada

Mike W. ekelundAssistant Deputy Minister, Energy Future and Strategic Relations Division, Alberta Department of Energy

Cal FairbanksPresident and CEO, Canadian HSE Inc.

Michael GatensChief Executive Officer, Unconventional Gas Resources Canada

Gordon GoodmanAssistant Deputy Minister, Oil & Gas Division, Ministry of Energy, Mines and Petroleum Resources, Province of British Columbia

Thomas HardingProfessor, University of Calgary

eddy IsaacsExecutive Director, AERI Alberta Energy Research Institute

Mark JohnstoneDirector, Technology & Strategy in the Corporate Strategy & Development Group, Suncor Energy Inc.

Chris LeheckaManager, Technology & Optimization - Oil Sands ConocoPhillips Canada Limited

derek NormorePresident, Schlumberger Canada Limited

Ian J. PotterVice President Energy, Alberta Research Council

Ken PuttIndependent Director

randy rudolphPrincipal, Millennium EMS Solutions Ltd.

dave rushfordVice President, Calgary BU Upstream Operations Onshore, EnCana Corporation

earle ShirleyExecutive Manager, Applications Branch, Energy Resources Conservation Board

Chuck J. SzmurloPrincipal, Enbridge Pipelines Inc.

Alison ThompsonProject Development Manager Asset Management Nexen Inc. and Chairman/Executive Director, CanGEA, Nexen Inc.

Murray ToddPresident, Todd Resources

eNHANCed eNVIroNMeNTAL MANAGeMeNT

Technology for emission reduction and eco-efficiency (Teree) Steering Committee- Pierre-Yves Caux, Saskatchewan Industry and Resources- Norman Chen, Husky Energy Inc.- Philip J. Croteau, Talisman Energy Inc.- Alex Dickson, CETAC West- Joe Dusseault, EnCana Corporation- Geoff Frazer, Devon Canada Corporation- Lorenzo Hernandez, Husky Energy Inc.- Roy Kanten, Shell Canada Ltd.- Ibrahim Karidio, Alberta Environment- Jerry J.A. Keller, Alberta Environment- Milos Krnjaja, BP Canada Energy Company- Howard Loseth, Saskatchewan Industry and Resources- Angelo Mangatal, Natural Resources Canada (NRCan)- Jeremy Moorhouse, Pembina Institute for Appropriate Development- Richard Nelson, AERI Alberta Energy Research Institute- Gerald Palanca, Petro-Canada Resources- Bruce Peachey, New Paradigm Engineering Ltd.- Chris Piercey, Industry Canada- Ron Quick, Sustainable Ventures Inc.- Brian Ross, Nexen Inc.- Jerry Shaw, Devon Canada Corporation- Paul Slobodnik, ConocoPhillips Canada - Al Smandych, Energy Resources Conservation Board- Jim Spangelo, Energy Resources Conservation Board- Lynn Sveinson, Climate Change Central- Bill Wilson, Western Economic Diversification Canada- Philip K.S. Wong, Sustainable Development Technology Canada

Air research Planning Committee- Mike Brown, Energy Resources Conservation Board- Glynis Carling, Imperial Oil Ltd.- Randy Dobko, Alberta Environment- John Drinkwater, BP Canada Energy Company- Henry Ewa, Energy Resources Conservation Board- Wayne Hillier, Husky Energy Inc. - Mike Layer, Natural Resources Canada (NRCan)- Sean Reilly, Talisman Energy Inc.- Lisa Solomchuk, Shell Canada Limited Soil and Groundwater research Committee and Salinity Working Group- Steve Kullman, Husky Energy Inc. (Industry Chair)- Gordon Dinwoodie, Alberta Environment (Regulatory Chair)- Paul Bacchus, Environment Canada- Boris Barkovic, City of Calgary- Shaunna Cartwright, Energy Resources Conservation Board- Kathy Cox, Enerplus Resources Fund- Susan Halla, Alberta Energy Resources Conservation Board- Ted Johnson, Talisman Energy Inc.- Chris Meloche, Husky Energy Inc.- Michael Morden, Petro-Canada Resources- Rick Scroggins, Environment Canada - Natalie Shea, Natural Resources Canada (NRCan)- Michelle Young, Imperial Oil Ltd.

boron Working Group- Steve Kullman, Husky Energy Inc. (Industry Chair)- Gordon Dinwoodie, Alberta Environment- Tim Chidlaw, Northern Envirosearch- Bob Corbet, Access Labs- Susan Halla, Energy Resources Conservation Board- Michael Harrass, U.S. Borax Inc.- Phil Heaton, Maxxam Analytics- Greg Huber, Equilibrium Environmental Inc.- Tony Knaftla, Equilibrium Environmental Inc.- Darlene Lintott, Bodycote Norwest- Pat Payne, Orphan Well Association- Leanne D. Siebert, Imperial Oil Ltd.

ecological research Planning Committee- Amit Saxena, Devon Canada Corporation (Industry Co-Chair)- Scott Johnson, Husky Energy Inc. (Industry Co-Chair)- Terry Forkheim, Talisman Energy Inc.- Jennifer Hendricks, Nexen Inc.- Adam Judd, Nexen Inc.- Sandra Marken, ConocoPhillips Canada- Terry Osko, ALPAC- Gary Sargent, CAPP

Water Innovation Planning Committee- Tom Pye, Husky Energy Inc. (Industry Chair)- Brenda A. Austin, Energy Resources Conservation Board- Carrie C. Dickinson, Energy Resources Conservation Board- Marc Dubord, EnCana Corporation- Chris Godwaldt, Alberta WaterSMART and PTAC- Thomas G. Harding, University of Calgary- Scott Hillier, ConocoPhillips Canada - Rebecca Jacksteit, EnCana Corporation- Bob Kutzak, Nexen Inc.- Jack MacDonald, Nova Scotia Petroleum Directorate- Keith Minnich, VEOLIA Water- Richard Nelson, AERI Alberta Energy Research Institute- Jennifer Saldana, Husky Energy Inc.- Greg Shyba, Alberta Research Council- Rudy Tamayo, Husky Energy Inc.- Prasad Valupadas, Alberta Environment- Monica E. Varga, National Research Council of Canada- Keith Watson, Sustainable Development Technology Canada

Alternative energy Solutions CommitteePTAC recognizes the contributions of the members of the Alternative Energy Solutions Committee. However, to preserve confidentiality, the individual members of this committee are not listed.

IMProVed oIL ANd GAS reCoVery

Co2 enhanced Hydrocarbon recovery Steering Committee- Garth Ayres, Inter Pipeline Fund- Stefan Bachu, Energy Resources Conservation Board- Mark Bohm, Suncor Inc.- Doug Bonner, ARC Resources Ltd.- Matthew Bower, EPCOR- Eric Delamaide, IFP Technologies (Canada) Inc.- Kelly Edwards, Barrick Energy Inc- Christeen Finzel, Alberta Environment- Dave Foster, Ferus Gas Industries- Scott Gray, Praxair Canada Inc.- Blaine Hawkins, Alberta Research Council

- Steve Hogan, Petro-Canada Resources- Russ Holowachuk, Canadian Fertilizers Limited- Jim Kenny, Individual PTAC member- Jay Kowaski, Air Liquide- Leah Lawrence, EnCana Corporation- Frank Lin, Husky Energy Inc.- Sandra Locke, Alberta Department of Energy- Richard Luhning, Enbridge Pipeline Inc.- Jim Maguire, Enerplus Resources Fund- Anna Maslowski, Alberta Department of Energy- Brendan McGowan, Penn West Petroleum Ltd.- Jim McKay, Praxair Canada Inc.- Gabe Nahas, TransCanada Pipelines Ltd.- Dave Peet, Devon Canada Corporation- Surindar Singh, AERI Alberta Energy Research Institute- Don Spencer, Devon Canada Corporation- Charles Szmurlo, Enbridge Pipeline Inc.- Brian Watt, Husky Energy Inc.- Malcolm Wilson, University of Regina- Mark Yeomans, TransCanada Pipelines Ltd.

Increased recovery Steering Committee- Richard Baker, Epic Consulting Services Ltd.- Ken Brown, Alberta Research Council/AERI Alberta Energy Research Institute- Graham Campbell, Natural Resources Canada Ltd.- Randy Cormier, Nexen Inc- Fil Ferri, Ministry of Energy, Mines, and Petroleum Resources, Province of British Columbia- Michael Gatens, Unconventional Gas Resources Canada- Tom Harding, University of Calgary- Chris Lehecka, ConocoPhillips Canada Ltd.- Les Little, AERI Alberta Energy Research Institute- Howard Loseth, Saskatchewan Energy and Resources- Frank McIntyre, Husky Energy Inc.- Jerry Shaw, Devon Canada Corporation- Gary Sikora, Taqa North- Doug Soveran, Saskatchewan Research Council- Roger Soucy, PSAC Petroleum Services Association of Canada- Duncan Stanners, Shell Canada Limited

unconventional Gas Technology roadmap Steering Committee- Roberto Aguilera, University of Calgary- Ken Brown, Alberta Research Council/AERI Alberta Energy Research Institute- Mike Dawson, CSUG Canadian Society for Unconventional Gas- Fillipo Ferri, Ministry of Energy, Mines, and Petroleum Resources, Province of British Columbia- Michael Gatens, Unconventional Gas Resources Canada- Alain Kahil, Apache Canada Ltd.- Derek Krivek, Stealth Ventures- Kirk Osadetz, Natural Resources Canada (NRCan)- Duncan Stanners, Shell Canada Limited

Viscous oil recovery Steering Committee- Wayne Arnold, Pengrowth Management Limited- Ted Cyr, Alberta Department of Energy- Maurice Dusseault, University of Waterloo- Marc Godin, Portfire Associates- Tim Hancsicsak, Devon Canada Corporation- Ted Heidrick, University of Alberta- Cal Hill, Energy Resources Conservation Board- Les Little, AERI Alberta Energy Research Institute- Howard Loseth, Saskatchewan Energy and Resources- Ron Sawatsky, Alberta Research Council- Jerry Scoular, Husky Energy- Doug Soveran, Saskatchewan Research Council

uPGrAdING, reF INING, PeTroCHeMICAL TeCHNoLoGIeS, ANd TrANSPorTAT IoN

upgrading, refining, Petrochemical, and Hydrogen Committee- Rob Birkholz, Shell Canada Limited- Paul Clark, Nova Chemicals – Retired- Hal Gunardson, Air Products Canada Ltd.- Josephine Hill, University of Calgary- Eddy Isaacs, AERI Alberta Energy Research Institute- Pat Jamieson, Nexen Inc.- Terry Kimmel, Canadian Hydrogen Association- Shunlan Liu, AERI Alberta Energy Research Institute- Wayne Patton, ISEEE – University of Calgary- Ian Potter, Alberta Research Council- Todd Pugsley, University of Saskatchewan- Ron Quick, Sustainable Ventures Inc.

To the Members of PTAC Petroleum Technology Alliance Canada,

We have audited the statement of financial position of PTAC Petroleum Technology Alliance Canada as at December 31, 2008 and the statements of operations and changes in net assets, and cash flows for the year then ended. These financial statements are the responsibility of the organization’s management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstament. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.

In common with many not-for-profit organizations, the organization derives revenue from events and other sources, the completeness of which is not susceptible to satisfactory audit verification. Accordingly, our verification of these revenues was limited to the amounts recorded in the records of the organization and we were not able to determine whether any adjustments might be necessary to revenue, excess of revenue over expenditures, assets and surplus.

In our opinion, except for the effects of adjustments, if any, which might have been determined to be necessary had we been able to satisfy ourselves concerning the completeness of the revenue referred to in the preceding paragraph, these financial statements present fairly, in all material respects, the financial position of the organization as at December 31, 2008 and the results of its operations and its cash flow for the year then ended in accordance with Canadian generally accepted accounting principles.

Calgary, Alberta, Canada Certified General Accountants

February 15, 2009

PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA 2008 ANNUAL REPORT

Auditor’s report

PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA 2008 ANNUAL REPORT

PTAC PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA

STATeMeNT oF F INANCIAL PoSIT IoN

As at December 31, 2008

ASSeTS 2008 2007

Current

Cash $ 47,453 $ 4,952

Marketable Securities 2,817,635 707,260

Accounts Receivable 796,030 896,968

Prepaid Expenses 63,194 74,830

Inventory - 6,324

3,724,312 1,690,334

Property And equipment 68,827 74,341

$ 3,793,139 $ 1,764,675

L IAb I L I T IeS

Current

Accounts Payable and Accrued Liabilities $ 523,820 $ 615,092

Deferred Revenue 2,162,410 434,938

$ 2,686,230 $ 1,050,030

NeT ASSeTS

Invested in Property and Equipment $ 68,827 $ 74,341

Unrestricted 1,038,082 640,304

1,106,909 714,645

$ 3,793,139 $ 1,764,675

PTAC PeTroLeuM TeCHNoLoGy ALL IANCe CANAdA

STATeMeNT oF oPerAT IoNS

For the Year Ended December 31, 2008

reVeNue 2008 2007

Project and Service Revenue (Schedule 1) $ 1,324,234 $ 1,680,498

Membership and Revenues 613,326 638,906

Event Revenues 410,414 300,699

Canadian Association of

Petroleum Producers (CAPP) 150,000 200,000

Interest Income 60,570 20,886

$ 2,558,544 $ 2,840,989

eXPeNSeS

Salaries and Benefits $ 1,013,877 $ 1,128,563

Direct Project and Service Costs 679,023 959,309

Rent 219,603 206,115

Direct Event Costs 99,225 155,145

Marketing 37,788 34,549

Office and Equipment Lease 26,088 25,240

Printing and Publications 23,095 15,024

Amortization 21,422 22,224

Professional Fees and Bookkeeping Services 16,911 26,253

Computer and Web Site 9,540 9,952

Insurance 6,249 5,261

Bank Charges 4,520 4,730

Training 7,495 17,000

Bad Debts 1,444 10,177

$ 2,166,280 $ 2,619,542

excess revenue over expenses $ 392,264 $ 221,447

Measurement and Accountability

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Membership Revenue by Category

PTAC’s 2008 membership was comprised of 197 active members, grossing $613,326 revenue at year-end 2008. PTAC provides a variety of services and benefits to its members including collaborative research and technology development project facilitation services, event coordination, event registration discounts, access to the knowledge centre, opportunities to serve on technical steering committees, and a complimentary bi-weekly newsletter.

Project Expenditure

Since inception in 1996, PTAC has facilitated the launch of 257 projects or new project phases valued at $137.6 M. Of those, PTAC facilitated 25 new projects or project phases valued at $4.9 M in 2008.

ProduCerS $ 292,066

SerVICe & SuPPLy CoMPANIeS 165,539

INdIV IduALS 1 ,686

GoVerNMeNT 53,805

TrANSPorTerS 41,077

LeArNING INST ITuT IoNS 23,560

reSeArCH ProVIderS 19,097

VeNTure CAP ITAL 11,656

MIdSTreAM ProCeSSorS 4 ,840