Doug Fraser

The Group's principal activity is to acquire and sell oil and natural gas. The Group is a royalty trust managed to generate monthly cash distributions for unit holders. The Group's operations are focused on the Western Canadian Sedimentary Basin. The primary assets of the Group include the Royalty granted by PrimeWest Energy Inc pursuant to the Royalty Agreement. The Group generates monthly cash distributions by acquiring, developing, producing and selling crude oil, natural gas and natural gas liquids.

Husky Energy, Inc. is an international integrated energy company. It operates through two segments: Upstream and Downstream. The Upstream segment includes exploration for, and development and production of, crude oil, bitumen, natural gas and natural gas liquids; a well as marketing of crude oil, natural gas, sulphur, and petroleum coke; pipeline transportation; the blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas. The Downstream segment refers to the upgrading of heavy crude oil feedstock into synthetic crude oil in Canada; and refining of crude oil, marketing of refined petroleum products including gasoline, diesel, ethanol blended fuels, asphalt and ancillary products, and production of ethanol. The company was founded in 1938 and is headquartered in Calgary, Canada.

Petro-Canada engages in the exploration of oil and gas. The company has operations in Libya, Algeria, the United States, and Canada. Petro-Canada manufactures petroleum products. It is headquartered in Calgary, Canada.

TAQA North Ltd. operates as an oil and Canadian gas exploration company. The company is based in Calgary, Canada. The company is ultimately controlled by the Emirate of Abu Dhabi (United Arab Emirates).