March 2/10/06 11:24 PM Page 1

Canadian Publication Mail Contract - 40070050 $3.00 VOLUME 33, ISSUE 3 MARCH 2006

■ 2006 WIUGC Conference A Great Success

■ Poco Pembina

■ The BMO Retirement Trends Study – Overview

■ 2006 CSPG CSEG CWLS Joint Convention March 2/10/06 11:24 PM Page 2 March 2/10/06 11:24 PM Page 3

CSPG OFFICE #160, 540 - 5th Avenue SW Calgary,Alberta, Canada T2P 0M2 Tel:403-264-5610 Fax: 403-264-5898 Web: www.cspg.org Office hours: Monday to Friday, 8:30am to 4:00pm CONTENTS Business Manager:Tim Howard Email: [email protected] Office Manager: Deanna Watkins Email: [email protected] Communications Manager: Jaimè Croft Larsen Email: [email protected] Conventions Manager: Lori Humphrey-Clements ARTICLES Email: [email protected] Corporate Relations Manager: Kim MacLean Email: [email protected] 4TH ANNUAL CALGARY YOUTH SCIENCE FAIR VOLUNTEERS NEEDED . . . .12

EDITORS/AUTHORS 2006 WIUGC CONFERENCE – A GREAT SUCCESS ...... 27 Please submit RESERVOIR articles to the CSPG office. Submission deadline is the 23rd day of POCO PEMBINA ...... 31 the month, two months prior to issue date. (e.g., January 23 for the March issue). THE BMO RETIREMENT TRENDS STUDY – OVERVIEW ...... 35 To publish an article, the CSPG requires digital copies of the document. Text should be in 2006 CSPG CSEG CWLS JOINT CONVENTION ...... 38 Microsoft Word format and illustrations should be in TIFF format at 300 dpi. For additional information on manuscript preparation, refer to the Guidelines for Authors published in the CSPG Bulletin or contact the editor. DEPARTMENTS

COORDINATING EDITOR & OPERATIONS EXECUTIVE COMMENT ...... 5 Jaimè Croft Larsen CSPG TECHNICAL LUNCHEONS ...... 9 Tel:403-264-5610 Fax: 403-264-5898 Email: [email protected] ROCK SHOP ...... 14, 23 TECHNICAL EDITOR Ben McKenzie DIVISION TALKS ...... 17 Tarheel Exploration Tel:403-277-4496 CALENDAR OF EVENTS ...... 20 Email: [email protected]

ADVERTISING JACK PORTER: VIGNETTES OF CANADIAN PETROLEUM GEOLOGY ...... 21 Kim MacLean Corporate Relations, CSPG Tel:403-264-5610, Ext 205 Email: [email protected]

Advertising inquiries should be directed to Kim MacLean. The deadline to reserve advertising space is the 23rd day of the month, two months prior to issue date. All advertising artwork should be sent directly to Kim MacLean.

The RESERVOIR is published 11 times per year by the Canadian Society of Petroleum Geologists. This includes a combined issue for the months of July/August.

Advertisements, as well as inserts, mailed with the publication are paid advertisements. No endorsement or sponsorship by the Canadian Society of Petroleum Geologists is implied.

The CSPG Rock Shop is an attractive and affordable way to target the CSPG readership. Spaces are sold at business card sizes (3.5” wide by 2” high). To reserve space or for more information, please contact Kim MacLean at 403-264-5610, ext. 205.

The contents of this publication may not be reproduced either in part or in full without the consent of the publisher.

Design & Layout by Sundog Printing. FRONT COVER Printed in Canada by Sundog Printing. Cameron Falls, Waterton National Park, Alberta. Cameron Falls exposes dolomites and limestones of the Middle Proterozoic Waterton and Lower Altyn formations (Purcell Supergroup), some of the oldest rocks found in Additional copies of the RESERVOIR are available the Canadian Rockies. Historically, oil seepages originating in Altyn dolomites along nearby Cameron Creek first at the CSPG office for $3.00. attracted explorationists to this part of Alberta in the late nineteenth century. Photo by Darran Edwards. 3 March 2/10/06 11:24 PM Page 4 March 2/10/06 11:24 PM Page 5

EXECUTIVE COMMENT

A MESSAGE FROM THE COMMUNICATIONS DIRECTOR EXECUTIVE COMMITTEE PRESIDENT Southeast Asia where each Bulletin article was Jim Reimer “keyed in” by two typists. Getting the Bulletin Result Energy completely digitized has taken a long time but Tel:539-5207 Fax: 234-7116 [email protected] it is satisfying to report that PDFs of every article ever published in the Bulletin are now VICE PRESIDENT accessible to all our members through our Colin Yeo revamped website. Encana Tel:645-7724 [email protected] A few years into the job I heard that a number of big geological societies such as AAPG and PAST PRESIDENT GSA were planning on setting up a system of Jeff Packard Burlington NAVIGATING THE INFORMATION HIGHWAY digital access to their publications. We were Tel:260-8041 Fax: 269-8285 It is nearly five years ago that I was asked to able to get in on the ground floor of this [email protected] join the CSPG Executive. I had run for office project and I even got the chance to serve on FINANCE DIRECTOR both in the mid-70s (under a Flat Earth Society the committee that provided advice on the Marty Hewitt banner) and the mid-80s but both times I was design of the system.This initiative has become Encana soundly defeated in the elections. Who says GeoScienceWorld, which is a wonderful Tel:645-2544 Fax: 290-6668 CSPG members are not astute judges of resource for digital access to many great [email protected] character? The Executive position being offered geological journals including our Bulletin. The ASSISTANT FINANCE DIRECTOR was called Senior Managing Editor and is now current editor of the Bulletin, Glen Stockmal, Peter Harrington called Communications Director. The main now looks after our continued participation in Rudyard Oil & Gas task of the job is to coordinate a number of GeoScienceWorld and he is envisioning Tel:234-7622 Fax: 237-8837 [email protected] activities through which CSPG communicates additional ways to take advantage of this with its members and the outside world.These format. GeoScienceWorld has given our PROGRAM DIRECTOR include our two main publications, the Bulletin Bulletin the same digital qualities as those Memory Marshall of Canadian Petroleum Geology and The medical journals that had shown me the joys Husky Energy Tel:270-1869 Reservoir, our annual Calendar, the recently of electronic access. It also puts our [email protected] rejuvenated Public Affairs Committee, and our publication on the same playing field as all the ever-growing Electronic Communications other journals and keyword searches pop up ACTING PROGRAM DIRECTOR Committee. It was the last activity that articles from our journal as readily as those Doug Hamilton Encana attracted me to the job and the desire to get from the other publications. I invite all our Tel:290-3193 Fax: 290-3129 things going in this field was my motivation for members to experience GeoScienceWorld [email protected] accepting the position. Of course the through links on the CSPG website. opportunity to join the executive through the ASSISTANT PROGRAM DIRECTOR Nadya Sandy backdoor and avoid another crushing electoral The Reservoir has provided another way of Esso defeat had its attractions too. looking at things whilst trying to navigate the Tel:237-3925 Fax: 237-4234 information highway. When I arrived on the [email protected] In 2001, CSPG was just starting to go digital scene The Reservoir was actually The Sink and SERVICE DIRECTOR and to me there was no doubt this was the was costing the Society a lot of money.To me Shannon Nelson Evers future. My medical research hobby had the solution was to simply go to a digital EnCana Corporation exposed me to the websites of many medical Reservoir which would be emailed to our Tel:645-7651 Fax: 645-3352 [email protected] journals that were fully digital and it was so members every month. Costs would be much easier to surf the web rather than to minimal and advertising would allow a modest ASSISTANT SERVICE DIRECTOR haunt the stacks of the U of C medical library. profit. Of course there was considerable hand- Dave Newman Luckily, other people such as Glenn Karlen, wringing around the Executive table when I McDaniel & Associates Tel:218-1392 Fax: 233-2744 our original webmaster, also envisioned such a suggested such a solution because at that time [email protected] future for CSPG publications and within a year many of our members still were not we had a functional search engine for all our comfortable with digital products. Fortunately COMMUNICATIONS DIRECTOR publications up on the CSPG website. Tim Howard, our Business Manager, had a Ashton Embry GSC - Calgary Opportunity then presented itself in the form better solution. He hired Kim MacLean, a Tel:292-7125 Fax: 292-4961 of a company called DataPages that offered to crackerjack Corporate Relations Manager, [email protected] digitize all our Bulletins back to 1953 for no and she went out and sold more advertising cost.The only string attached was they had the for The Reservoir than you can imagine. This OUTREACH DIRECTOR David Middleton right to market the digital product and would then put great pressure on our Reservoir Petro-Canada share the profits. I could not wait to sign the editor,Ben McKenzie, to ensure The Reservoir Tel:296-4604 Fax: 296-5176 contract but it took about a year to get the did not become The Flyer. Ben admirably rose [email protected] agreement worked out. Once the deal was to the challenge and greatly increased the CORPORATE RELATIONS done, Glenn Karlen and Jaime Croft Larsen, information/scientific content of the Jim Reimer our Communications Manager, took on the Reservoir. As I am sure most of you have Result Energy task of assembling three copies of every issue noticed, this has resulted in a much bigger and Tel:539-5207 Fax: 234-7116 of the Bulletin. These eventually ended up in [email protected] (Continued on Page 7...) 5 March 2/10/06 11:24 PM Page 6

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(...Continued from Page 5) THE CSPG GRATEFULLY better Reservoir.This has also turned The Sink is a convenient way to keep everyone ACKNOWLEDGES ITS into The Tap and, now that The Reservoir is a informed about upcoming events.The big trick CORPORATE MEMBERS: major revenue generator (big smiles around is trying to stay current with e-mail addresses; the Executive table), the need for a digital-only a problem exacerbated by the current boom. Reservoir has evaporated. Overall I am very happy with our progress ABU DHABI OIL CO., LTD. (JAPAN) Another cog in the digital machine has been down the information freeway which is the BAKER ATLAS our website and, thanks to the efforts of the result of the efforts a lot of dedicated indefatigable Astrid Arts, supported by Krista volunteers and the hard work of Jaime Croft BG CANADA EXPLORATION & PRODUCTION, INC. Jewett and Jaime Croft Larsen, we now have a Larsen who coordinates everything. We will BP CANADA ENERGY COMPANY great new website which is very user friendly. continue to look for new and improved ways They are only getting warmed up and over the to communicate with the membership, BURLINGTON RESOURCES CANADA LTD. next year CSPG will continue to increase the electronically and otherwise. If you have an CALPINE CANADA products and services available on the idea in this regard, send me an e-mail. website. Astrid and her committee have also CANADIAN FOREST OIL LTD. instituted a monthly e-mail Newsletter which Ashton Embry, Communications Director CONOCOPHILLIPS CANADA CORE LABORATORIES CANADA LTD. Saskatchewan and Northern Plains DEVON CANADA CORPORATION

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CSPG EDUCATION COMMITTEE

Upper Devonian Reef-Strata and Hydrothermal Dolomitization in the Southern Northwest Territories Instructors: Alex J. MacNeil and Dr. Brian Jones, University of Alberta Date: May 29 – June 2, 2006 Earlybird Deadline: March 29, 2006 • Registration Deadline: May 15, 2006 • Max. Participants: 16 Early-Bird: $2,047.50 | CSPG Member: $2,275 | Non-members: $2,844 | plus GST and airfare to Hay River. (Fee includes accommodation, ground transportation and lunch.) The southern Northwest Territories have incredible, scenic cliff-face exposures of exceptionally preserved Late Devonian reefal strata and vast hydrothermal dolomite deposits, easily viewed at the former Pine Point mine site. The region is ideal for a course that examines carbonate stratigraphy, sedimentology, facies associations, and the nature of Devonian reefal buildups because of the superb preservation of original fabrics and fossils, many outcrops are easily accessible from the road, roadcuts and quarries expose fresh, barely altered limestones, and the terrain is conducive to hiking around and examining outcrops. The Alexandra Reef System, variably exposed over 46 km, allows one to do a complete transect from the coastal plain with peri-tidal deposits, through back-reef and reef-margin facies associations, out to the fore-reef on the outer ramp. For these reasons, field trips have been organized to the region for over 30 years now. The former Pine Point mine site is also ideal for a day-trip to examine the types of diagenetic facies associated with hydrothermal dolomitization as many of the pits are still accessible and much of the core remains for examination.

Educational aspects of this trip for the petroleum geologist include: 5. The Alexandra Reef System provides a complete suite of carbonate facies associations. 1. Introduction to the Devonian stratigraphy and petroleum potential of the southern NWT For geologists or geophysicists not experienced with carbonate sedimentology, the course 2. The strata host a number of different reef-types situated in different sedimentary is an excellent opportunity to learn the basics of Devonian carbonate facies and their environments, allowing for critical examination of different types of Devonian reef fabrics, lateral relationships. For the petroleum geologist who is experienced with carbonates, reef architectures, and the geological controls on their development. these facies allow for examination of microbial-fabrics versus coral-stromatoporoid 3. The Alexandra Reef System provides an excellent example of the role of pre-existing fabrics, fabric and texture-controlled diagenetic variations and how these fit within a topography on reef-evolution. sequence stratigraphic framework, and a number of unusual facies that they may have 4. The Alexandra Reef System provides an excellent case-study of how carbonate sequence encountered elsewhere, but been unable to fully diagnose. stratigraphy can be applied to reef systems, used to predict lateral relationships, and how 6. The Pine Point visit is important for examining the diagenetic facies and types of porosity the concepts differ from siliciclastic sequence stratigraphy. associated with hydrothermal dolomitization, and the potential scale of these deposits.

For a full course description and registration, see www.cspg.org/education March 2/10/06 11:24 PM Page 9

TECHNICAL LUNCHEONS PROUD SPONSORS MARCH LUNCHEON

A simplified approach to the of trace gases, such as carbon dioxide, is well BIOGRAPHY climate change controversy established, and our activities influence its James White began his palynological career in atmospheric concentration. Geology shows 1976 with doctoral research on the Late SPEAKER that climate has changed on many time Quaternary of the Peace River district. Since James M.White scales and from many causes, ranging from joining the Geological Survey of Canada in NRCan, Geological Survey of Canada tectonics to solar variability, but carbon 1986 he has studied the Cenozoic biostratigraphy dioxide is one important factor. Even if a of western and northern Canada, resulting in a 11:30 am warming cycle such as the Mediaeval Warm synthesis of palynostratigraphy and Thursday, March 9, 2006 Period was not caused by man, it does not paleoclimatology spanning the last mean that our activities are not influencing 18 million years. Work in the Jurassic and TELUS CONVENTION CENTRE the modern climate. The Urban Heat Cretaceous has resulted in publications on the age CALGARY, ALBERTA Island effect has been used to dismiss of the Cadomin Formation and on modeling evidence of surface warming, but there biostratigraphy from a literature database. The Please note: are corroborating lines of evidence, palynostratigraphy of the Mallik gas hydrate The cut-off date for ticket sales is independent of urban temperature records. research borehole, Mackenzie Delta is his recent 1:00 pm, Monday, March 6th. Moreover, satellite evidence does not focus. Climate is a major determinant of plant Ticket price is $28.00 + GST reliably contradict evidence of surface assemblages, so paleoclimatology is an inherent warming. It is often said, correctly, that aspect of his research. He has presented talks This talk considers several lines of evidence “climate has always changed, and people on paleoclimates and climatic change to the that persuade me that the issue of adapted,” but the geological view of CSPG Environment Committee, the University of anthropogenic climate change is significant, adaptation is too remote. The process of Calgary, the University of Northern British and that the science is substantial. Enquiry adaptation at a time scale relevant to people Columbia, Australia National University, the into trace gases and climate began over a bears a closer look. The inability of a Geological Association of Canada, and other century ago, in part spurred by geological complex society to adapt to climate change professional societies. He is senior author of evidence of dramatically different past is illustrated by the collapse of classic Mayan 16 publications concerning paleoclimatology and climates. The significance to Earth’s climate civilization. its relation to biostratigraphy.

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PROUD SPONSORS MARCH

Hydrocarbons in the Paleozoic Silurian-Middle Devonian Salinian-Acadian slope facies and in Silurian-Devonian basins of eastern Canada: event, controlled tectono-sedimentary nearshore sandstones. The potential for new perspectives and patterns. secondary carbonate reservoirs is promising targets recognized in the recent documentation of Good hydrocarbon source rocks are found hydrothermally-altered carbonates (Lower SPEAKER in the Upper Ordovician foreland basin to Upper Ordovician passive margin and Dennis Lavoie shales (TOC up to 14%, Type I/II), in the foreland basin; Lower and Upper Silurian Geological Survey of Canada Middle Ordovician oceanic shales (TOC up and Lower Devonian foreland basin). The to 10.7%, Type I) and in the Lower recognition of hydrothermal dolomites is 11:30 am Ordovician passive margin shales (TOC up based on the burial scenario, tectonic Tuesday, March 21, 2006 to 10.4%,Type I/II).Fair hydrocarbon source framework, and detailed petrography and rocks are found in Lower – Middle geochemistry. Production of natural gas and TELUS CONVENTION CENTRE Devonian foreland basin limestones and sub-economic accumulation of oil have CALGARY, ALBERTA coals (TOC from 2% to 50%, Type II/III been recently documented in these respectively). Maturation suggests that dolomites. GC-MS and GC-IRMS Please note: the Cambrian-Ordovician St. Lawrence fingerprinting of hydrocarbons, bitumen, The cut-off date for ticket sales is Platform has a gas (southern Quebec) to oil and potential source rocks indicate a most 1:00 pm,Thursday, March 16th. (western Newfoundland) potential; the likely dominant Ordovician source. Based Ticket price is $28.00 + GST. coeval Humber Zone has a gas (Quebec) to on crosscutting relationships and basin gas and oil (western Newfoundland) modeling, multiple events of hydrocarbon The Cambrian to Middle Devonian potential. The Late Ordovician to Middle migration are recognized with a significant successions at the continental margin of Devonian Gaspé Belt has both gas and oil Late Silurian (syn-Salinian orogeny) and a Laurentia consist of marine to continental potential. late Early Devonian migration. sediments deposited during alternating passive margin and foreland basin episodes. Clastic reservoirs are found in Cambrian- Traps and seals are multiple and Two significant orogenic pulses, the Ordovician passive margin and foreland include various stratigraphic (pinch-out, Ordovician Taconian Orogeny and the Late basin coarse sandstone and conglomerate impermeable layers, and unconformities), tectonic (fault closures, anticlines, duplexes, and triangle zones) and diagenetic (HTD) types.

Exploration is picking up rapidly in these Lower Paleozoic basins in eastern Canada with large areas under exploration permits and promising recent drilling results.

BIOGRAPHY Denis Lavoie received a B.Sc.A. in geological engineering from Laval University in 1982 and a M.Sc. (1985) and Ph.D. (1988) in sedimentology and carbonate geochemistry. The Geological Survey of Canada hired him in 1989 as research scientist for its Quebec division. Since then, he has carried out research projects on Cambrian to Carboniferous sedimentary basins in eastern Canada and published over 50 research papers on various aspects of these basins. North American and International oil and gas exploration companies interested in the hydrocarbon potential of these basins have requested his expertise. He currently leads a multi-organization and multi- discipline project on the evaluation of the hydrocarbon resource of these basins. In 2001, he edited the first appraisal of the hydrocarbon potential of the Gaspé peninsula (Bulletin of Canadian Petroleum Geology) and is currently associate editor for the Canadian Journal of Earth Sciences and Geoscience Canada.

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PROUD SPONSORS APRIL LUNCHEON

The history and future of development.The end of conventional heavy shale project.This failure is largely the result investments in the Oil Sands oil growth in 1998 was the beginning of the of limited access to the most prospective oil increased rate of oil sands expansion now shale leases, 80% of which are held by the SPEAKER occurring in Alberta. U.S. Federal Government. Steve Paget First Energy The geology of the oil sands is more Economic modeling of various oil sands heterogeneous than often supposed, and projects shows that investors receive better 11:30 am normal difficulties in pilot production returns from the sale of upgraded synthetic Tuesday,April 4, 2006 caused by geological variance are magnified crude than from the production and sale of by investors’ expectations that these sands raw bitumen. As the former option TELUS CONVENTION CENTRE have little to no geological risk. The significantly reduces price and market risk, CALGARY, ALBERTA difference between the oil sands and most producers have favored this option for conventional oil and gas resources is that almost all major projects in Western Please note: the oil sands contain enough resources per Canada. The cut-off date for ticket sales is acre to justify a full geologic assessment and 1:00 pm,Thursday, March 30th. a production pilot before full-scale The rise in long-term oil prices from Ticket price is $28.00 + GST. economic development takes place. approximately US$35/Bbl to greater than US$50/Bbl has, for the first time, added true As the deposits were first reported by the The refining and upgrading processes that economic rent to oil sands leases. The Cree in 1719 and documented by Peter convert heavy crude and bitumen to light increase in lease value from a nominal value Pond in 1778, the oil sands were the first crude and products were pioneered in the to an economic value has transformed the petroleum resource discovered in western United States in order to gain the maximum oil sands industry. Canada. The first attempts to economically product yield from Canadian heavy crude develop the oil sands came in 1922 with the and bitumen blends. Western Canada’s key At Long Lake, Nexen and OPTI are investing Alcan Oil Company. The first commercially refinery markets of Montana, Minnesota, and in an asphaltene removal and gasification successful development followed forty-five Chicago have converted almost entirely to process that uses the heaviest part of the years later with the Great Canadian Oil the processing of heavy crude and bitumen. bitumen barrel for the energy requirements Sands project in 1967. As the Canadian crude stream continues to of the project, rather than natural gas. As become heavier, Producers are now with other industries, the oil sands industry Development of the oil sands has been expanding their markets in the United is moving towards a more capital and influenced by the choices of those that own States and accessing new overseas markets. technology intensive model to reduce its the leases; by provincial regulation; and by energy input per unit of output, and we the conventional oil production curve in the In contrast, the oil shale resource in the expect more companies to follow the lead Western Canada Sedimentary Basin. The United States is similar to the oil sands, but of the Long Lake project. early commitment of Suncor in 1963 to it has yet to be economically developed. A develop the oil sands was a critical factor, as comparison of the development history of While we believe that some planned was the decision of the Alberta Government the two resources shows that oil shale projects will be postponed in the next to allow Suncor to proceed while development has been stalled by the failure decade, the future of the oil sands is very temporarily shelving the Syncrude to complete a successful commercial oil bright. We expect oil sands output to grow from 1.15 million barrels per day in 2006 to 2.9 million barrels per day in 2015. Volunteers are needed to help judge at the BIOGRAPHY 45TH ANNUAL Steven Paget is currently Research Analyst, Energy at FirstEnergy Capital Corp. in Calgary. CALGARY YOUTH SCIENCE FAIR His research interests include oil sands Friday April 7, 2006 • 7:15 AM to Noon production forecasting, market development and technology evaluation; coalbed methane Every year, the Calgary Youth Science Fair Society manages A science background is not required to judge elementary forecasting, and Canadian offshore the Calgary Youth Science Fair to promote an interest in projects. All evaluation forms are provided, and judges will development evaluation. He was the co-author science in over 1000 Calgary area students. Many of the have a training session on March 21, 2006. of “Coalbed Methane - A Seemingly Endless students at the fair present outstanding projects from Source of Supply” in 2000, the first major their school science fair, and some of our best projects If you have judged with us before, you know how report on Canadian coalbed methane are sent to the Canada Wide Science Fair in May. This enjoyable this small investment of your time can be. If published by an investment bank. Prior to year the Canada Wide Science Fair is in Saguenay, Quebec. you have not participated before, we have a wonderful joining FirstEnergy in 1998, Steven worked for experience in store for both you and the students!! Renaissance Energy Ltd. from 1996-1998. Steven received his B.A. (Ancient History and We need approximately 350 judges for elementary Archaeology) from the University of Calgary in projects (grades 5, 6), and 200 judges for secondary For more information, please look at our website: 1994 and an M.A. (Classics) from the projects (grades 7-12). www.cysf.org. University of Toronto in 1996.

12 March 2/10/06 11:24 PM Page 13 March 2/10/06 11:24 PM Page 14

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PROUD SPONSORS APRIL LUNCHEON

passive margin settings and associated depositional systems. For example shelf margin deltas delivering sediment down slope are largely absent offshore California, an active margin, where canyons are the primary delivery system. The Tanqua Karoo of South Africa was a basin associated with the Cape Fold Belt, an active margin setting, but there is evidence of shelf margin deltas linked to slope and basin floor fans.The area of Trinidad along the margin of the Caribbean Plate changed from a passive margin in the Cretaceous to an active margin in the Tertiary; a change that impacted the distribution and depositional style of the delta and fans, creating enigmatic sand bodies encased in shale. Passive margins are usually thought to be associated with large basinal catchment areas and shelf margin deltas, whereas active margins have narrow shelves and canyons.This may be the case for the Orinoco and Trinidad, but in contrast the Mississippi feeds the large Mississippi Canyon.

Studies of petroleum systems formed in depositional environments ranging from Figure 1.Active margin – Jurassic deepwater slope fans deposited along the margin of the southern Pacific along (Continued on Page 16...) the coast of Chile.

Turbidite and linked shelf-margin deltaic processes at active and passive margins – controls on reservoir characterization

SPEAKER Grant Wach Dalhousie University, Halifax, Nova Scotia

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Please note: The cut-off date for ticket sales is 1:00 pm,Thursday,April 13th. Ticket price is $28.00 + GST.

Linked depositional systems on active and passive margins provide a variety of opportunities for accumulation of reservoir quality sands, but preservation and continuity of these deposits can be problematic. Continuity of reservoir is subject to depositional and stratigraphic control, in addition to the inherent structural complexity of the margin, coupled with syntectonic activity. One can not always make a clear distinction between active and 15 March 2/14/06 11:52 AM Page 16

(...Continued from Page 15) deltaic to deepwater fans, including examples from offshore West Africa,the Gulf of Mexico, South Africa, Trinidad, South America, and offshore Atlantic Canada, will illustrate reservoir complexities both on a basin scale, and at the field scale. At the basin scale, seismic and well log data sets are used to discern the presence of reservoir quality rocks and to develop a stratigraphic framework to use for predicting reservoir where little data exists. At the field scale the complex heterogeneities, i.e., baffles and barriers that may limit oil and gas production (reservoir performance) will be illustrated.

Our preferred approach is to integrate analogous outcrop and subsurface data with iterative studies that incorporate regional basin-scale parameters (e.g., plate movements and provenance) down to the microprobe (e.g., complex mineralogy and effective porosity). Shallow seismic analogs are used for understanding and characterizing deeper reservoirs that are poorly imaged in the seismic data. Seismic data from the shallow time interval has better resolution to provide the critical stratigraphic and architectural detail. Integration with analog outcrop studies increases our “resolution” of these deeper targets. Data and interpretations from outcrop studies provide a sense of scale for reservoir Figure 2. Passive margin – Pliocene shelf margin deltaic sands that are analogs to the prolific petroleum reservoirs systems where only sparse data are available. offshore Trinidad.

BIOGRAPHY Grant Wach is Professor of Petroleum Geoscience, Department of Earth Sciences and VOLUNTEERS NEEDED Director of Energy, at Dalhousie University. Prior to his 2002 appointment at Dalhousie, he was The CSPG Educational Trust Fund is looking for additional volunteers to serve Geoscience Research Associate at Texaco both on the Trust Board and as members of committees. Upstream Technology (now Chevron) in Houston, Texas.At Texaco he was a specialist in deepwater depositional systems, reservoir characterization, The Trust’s Vision “Inspiring individuals to pursue a career in petroleum geology by funding sequence stratigraphy, clastic sedimentology, and targeted educational programs” is being combined with the following objectives: core description for business units, operating affiliates and partners worldwide. He has Our Mission Statement is to: considerable exploration and commercialization experience in West Africa, the Far East,Americas, Promote community awareness of petroleum geology and the impact geologists have on and Western Europe. society. A growing demand for energy, declining production of petroleum, and our aging demographic require an increasing number of qualifi ed petroleum geologists. Grant began his petroleum industry career in 1979 with Syncrude. This provided a unique • Stimulate education and scholarship relating to petroleum geology. opportunity to spend several years working, • Educate individuals as to the benefi ts and challenges as a petroleum geologist. literally, inside a complex oil reservoir. His • Provide innovative public education regarding geology, science and the environment. undergraduate degree is from the University of Western Ontario, M.Sc. from the University of If you are interested in trying something new in your volunteering efforts, South Carolina, and D.Phil. from the University of the Trust may be for you. Oxford. He has also worked for the Ontario Geological Survey and Exxon Production Research Company (now ExxonMobil). His publications and Please contact: reports cover a broad spectrum of reservoir Bruce McIntyre, Chairman [email protected], characterization, sedimentology, and sequence John Hogg, Director [email protected] or Kim MacLean [email protected] for further stratigraphy. He has lectured and led field information or visit the Trust online at http://cspg.org/trust seminars for universities and industry worldwide.

16 March 2/14/06 12:17 PM Page 17

DIVISION TALKS PROUD SPONSORS SEDIMENTOLOGY DIVISION

Diagenesis and fluid flow in the The main aquifer under investigation is the These findings have several important Southesk Cairn Complex,Alberta Southesk-Cairn carbonate complex and implications. Firstly, large-scale hydrothermal adjacent areas. Highly elevated 87Sr/86Sr- dolomitization, which requires large fluxes SPEAKER ratios and fluid inclusion homogenization and has been advocated recently for the Hans G. Machel temperatures in sparry calcite cements deep part of the Alberta basin and similar Department of Earth and Atmospheric decreasing eastward from about 230 to geologic settings elsewhere, is not possible Sciences, University of Alberta 160°C indicate sublateral injection of by squeegee-type flow. Secondly, the formation fluids into the Devonian pervasive Laramide-aged remagnetization of 12:00 Noon carbonates from the mountains during the much of the sedimentary sequence close to Monday, March 27, 2006 Laramide deformation. In some locations, the limit of the disturbed belt in Alberta is fluids appear to have been injected via not possible by this type of flow. An Nexen Annex Theatre subvertical faults from below. Overall, influence of squeegee flow on the +15 Level, North of C-Train Platform tectonically induced fluid flow appears to hydrocarbon distribution is debatable. 801 - 7th Avenue SW, have been rather limited, extending perhaps Calgary, Alberta only 100 to 200 km into the foreland basins. INFORMATION Talks are free – don’t forget to bring your lunch! This study investigates past and present fluid The present formation fluids in these aquifers Coffee and donuts will be provided. If you are flow through Devonian carbonate aquifers in display several unexpected results. Most interested in joining the Sedimentology Division the deep part of the Rocky Mountain foreland notably, the stable isotope values, hydraulic e-mail listing which currently provides luncheon basin near Jasper, Alberta, Canada. One head, and bulk salinity data show a ‘light’ brine reminders, or if you care to suggest a technical objective is to characterize the effects of underlying a ‘heavy’ brine, both almost topic or present a talk to the division, regional, tectonically induced (squeegee-type) stagnant but with a slight updip movement. please contact Scott Rose at (403) 875-7673 or fluid flow within these aquifers during the The ‘heavy’ brine probably is the residual of [email protected]. Lunch talks Laramide orogeny. This study is not only of halite deposition farther east, somewhat are sponsored by HIS Energy (www.ihsenergy.com) academic interest but also has implications for diluted by metamorphic water derived from and Birch Mountain Resources Ltd. hydrocarbon exploration and development. tectonic loading in the west. (www.birchmountain.com).

GEOFLUIDS DIVISION

CSPG Geofluids Division student travel bursary to attend Geofluids V conference.

A $300 bursary is available for a graduate student for travel to the Geofluids V conference in Windsor, Ontario in May 2006.

Please submit your accepted Geofluids conference abstract or a one-page description of your thesis research related to studies of groundwater, and basin terrestrial or submarine fluids, such as basinal brines, petroleum, and non-hydrocarbon gases, in terms of (bio)geochemistry and physical fluid flow.

Abstracts must be submitted to adamsjj@ ucalgary.ca by March 15, 2006. Funded by our corporate sponsor IHS Energy.

PROUD SPONSORS

17 March 2/10/06 11:24 PM Page 18

PROUD SPONSORS STRUCTURAL DIVISION

A discussion on folds, faults Petro-Canada float around structurally complex fractured and fractures – what are the West Tower, room 17B/C (17th floor) reservoirs. Such a discussion time is controls? 150 6th Avenue SW proposed for the CSPG Structure Group on Calgary, Alberta fracture systems, fold styles, and fault DISCUSSION LEADER mechanisms using a scrap of paper, white Paul McKay Lunchroom discussions can often lead to new board, pictures, and a healthy dose of Consultant insights and approaches on a variety of intuition, observation, imagination, and good different topics. Over a series of informal humour. 12:00 Noon discussions a consistent question raised is Thursday, March 2, 2006 why there aren’t venues and forums available The thrust belt of the Western Canada to openly discuss some of the concepts that Sedimentary Basin is a fascinating petroleum system.Aside from the tremendous economic potential of the region it also serves as one of the better understood analogies for the evaluation of other thrust belts around the world. Despite the historic effort and comprehensive data base developed for this area, there are several fundamental questions that remain unanswered. Why is the deformation in the Paleozoic section dominated by a few large displacement faults while the Mesozoic section has numerous small displacement thrusts? Why is the section gas charged? What is the relationship of the hydrocarbon pools in the Plains to those in the Foothills? These may be some of the questions that are discussed during this forum.

The discussion is to be informal and collaborative, please feel free to come with ideas, questions, and opinions. There is no guarantee for answers but there should be a lively and spirited discussion. Paul McKay will lead the discussion. Participants are encouraged, if they would like, to bring a diagram or picture, as a poster or in PowerPoint (on CD or memory stick), and it will be posted/projected for discussion.

BIOGRAPHY Paul MacKay is a consultant specializing in structurally complex petroleum reservoirs and fracture description and development. He received his B.Sc. in geology from Queen’s Point your browser to www.aapg.org/houston. University and his Ph.D. in structural geology from the University of Calgary. He is currently an Click to register. Drive to the convention. adjunct professor with the Dept. of Geology and Geophysics at the University of Calgary, where he Less hassle. Fewer lines. is conducting research into fracture detection, description and analysis.

INFORMATION Talks are free; please bring your lunch. Goodies and drinks are provided by HEF AMERICAN ASSOCIATION Petrophysical Consulting, and the room is OF PETROLEUM GEOLOGISTS provided by Petro-Canada. If you would like to be on the Structural Division e-mail list, or if you’d 1 888 945 2274 ext. 617 or 1 918 560 2617 like to give a talk, please contact Elizabeth [email protected] Atkinson at (403) 296-3694 or eatkinso@ petro-canada.ca.

18 March 2/14/06 11:13 AM Page 19

PROUD SPONSORS PALAEONTOLOGY DIVISION

Tenth annual APS 2:30 PM Both these workshops will exhibit palaeontological symposium: CSI: Dinosaur Provincial Park. specimens and involve lectures and Alberta’s Natural Heritage Dr. David Eberth, Royal Tyrrell Museum participant interaction. Attendees are welcome to bring in specimens for Saturday, March 18, 2005 3:00 PM identification. No previous experience Keynote speaker:Alberta dinosaurs – required. There are limited seats for each changing perspectives in research Mount Royal College workshop. The registration deadline is 4825 Mount Royal Gate SW Dr. Philip Currie, University of Alberta. March 7, 2006. To sign up contact Vaclav Calgary, Alberta Children’s event (but all are welcome) Marsovsky at (403) 547-0182 or vaclav@ Alberta Palaeontological Society, Canadian 10:15 – 11:00 am on Saturday telusplanet.net.A nominal fee of $15 will be Society of Petroleum Geologists (Paleontology She sells sea shells charged for each workshop to cover Division), and Mount Royal College – a biography of Mary Anning materials and preparation costs. Cheques Department of Earth Sciences jointly sponsor Dan Quinsey,APS President should be made payable to Alberta the symposium. On Saturday all lectures and Palaeontological Society. Payment may be poster displays are free and open to the THE WORKSHOPS handed in person to Vaclav or mailed to the general public. A fossil identification booth, APS mailing address, PO Box 35111, Sarcee Sunday, March 19th video, and fossil displays will also be present on Postal Outlet, Calgary,AB, Canada T3E 7C7 Saturday. Some special events are planned for Mount Royal College, Room B108 families. No registration or fee is required INFORMATION except for those wishing to attend the Sunday, 9:00 a.m. – 12:00 p.m. For information or to present a talk in the March 19th workshops (see below). From sea urchins to dinosaurs: how skeletons work future please contact CSPG Palaeontology Divison Chair Philip Benham at 403-691-3343 Speaker Schedule Dr. Donald M. Hendrson, University of Calgary (All lectures to be held in Wright Theatre, or [email protected]. Visit the APS Level 2, Mount Royal College). Posters in the 1:00 p.m. – 4:00 p.m. website for confirmation of event times and Leacock Foyer. Evolution on the half-shell: diversity upcoming speakers: http://www.albertapaleo.org/ and paleoecology of bivalved molluscs 9:15 AM Dr. Paul Johnston, Mount Royal College Introduction – Dan Quinsey,APS President

9:30 AM Taphonomic observations on the bonebed at Little Fish Lake,Alberta Patty Ralrick, University of Calgary

10:00 AM Alberta’s duck-billed dinosaurs David Evans, University of Toronto

10:30 AM Coffee Break

10:45 AM Palynostratigraphy and palaeoenvironments of the Lower–Middle Jurassic, Neill Klinter Group, Jameson Land, East Greenland Dr. Eva Koppelhus, University of Alberta

11:15 AM Deep Alberta John Acorn, University of Alberta.

12:15 – 2:00 PM Lunch Break and Poster Displays

2:00 PM Sixty years of Pachyrhinosaur discoveries in North America Darren Tanke, Royal Tyrrell Museum of Paleontology

19 March 2/10/06 11:24 PM Page 20

CALENDAR OF EVENTS

DATE: April 9-12, 2006 EVENT: AAPG Annual Convention LOCATION: Houston,Texas INFO: http://www.aapg.org

DATE: April 25-28, 2006 EVENT: 15th Calgary Mining Forum LOCATION: Calgary,Alberta Greater confidence. INFO: http://www.meg.calgary.ab.ca DATE: May 6-7, 2006 Better results. Faster. EVENT: Calgary Rock and Lapidary Club Better results. Faster. Gem, Mineral & Fossil Show LOCATION: Calgary,Alberta INFO: http://www.crlc.ca

DATE: May 15-17, 2006 EVENT: GAC/MAC Annual Meeting LOCATION: Montreal, Quebec INFO: http://www.er.uqam.ca/ nobel/gacmac

Petrel DATE: May 17-21, 2006 EVENT: GeoFluids 5 Conference LOCATION: Windsor, Ontario Reservoir Engineering INFO: http://www.geofluids5.org

Petrel* workflow tools provide a complete seismic-to-simulation toolkit— one solution uniting the subsurface domains of geophysics, geology, and reservoir engineering. Western Canada Reservoir engineers can use powerful new history matching capabilities with up-to-date production data while still honoring geologic information, Geological Edge Set work directly with geophysicists and geologists to evaluate the quality of 2006 Version the reservoir away from well control, and incorporate the geological fea- Now available for import into ACCUMAP, tures that impact reservoir performance most. GEOSCOUT and other applications “Being able to run multiple simulations with multiple scenarios really 1) Mississippian Subcrops and Devonian helped bracket the uncertainty, especially with limited well control in the Reef Edges - AB, NE BC, NT and SK deepwater environment. Faster, more accurate answers with a greater 2) Rock Creek Subcrop Edge - Alberta range of uncertainties can be covered in a very short time.” Subsurface 3) Glauconitic Channel Trends Lead, Murphy Oil - Alberta, West-central Saskatchewan With Petrel software, all work processes lead to one shared earth model, 4) Colony/Sparky/Lloydminster Reservoir resulting in faster, better decisions. Trends - East-central Alberta 5) Bluesky-Dunlevy Reservoir Trends [email protected] - NE BC www.slb.com/petrel 6) Triassic Halfway, Doig, Charlie Lake Siphon, Cecil, North Pine and Boundary Lake Reservoir Trends - Peace River Arch, Alberta, NE BC All edges are formatted as map features for use in Accumap and ESRI Shape fi les for other programs. For more information contact: Mike Sherwin 403-263-0594

06-IS-025 *Mark of Schlumberger email: [email protected] www.sherwingeological.com

20 March 2/14/06 11:15 AM Page 21

JACK PORTER- VIGNETTES OF CANADIAN PETROLEUM GEOLOGY

(Continued from the February Reservoir) was to publish new editions of scarce books, The Champlain Society’s first volumes were including unpublished journals and published in 1907. It was originally planned JOSEPH B. TYRRELL correspondence bearing on the history of that bi-annual volumes would be published. – EMINENT HISTORIAN Canada. Notable academics, with extensive However, this practice was discontinued at knowledge and historic fascination with the the onset of World War I, when rising Joseph B.Tyrrell’s involvement in the editing exploits of Canada’s explorers, were to be publication cost and the resignation of some of recorded accounts of explorers, relative honoured with the task of editing the members, resulted in a decision by the to the history of Canada’s North West, narratives of these intrepid travellers. Such Society’s executive to restrict publication to through his work with and contributions to editing entailed introductory remarks to the one volume on an annual basis.This decision the Champlain Society, entitles him to be particular author’s journal as well as was not to alter costs of sustaining recognized as a preeminent Canadian comprehensive footnotes pertaining to both membership fees of $10.00 annually. historian. Like the explorers and the author’s narrative and any accompanying discoverers who had mapped and correspondence. Joseph Tyrrell’s first contribution, as a documented the geography of Canada’s founding member of the Champlain North West during the fur-trade era from Initially, the membership to the Champlain Society, was their publication in 1911 of his the early 17th to late 19th century, Joseph Society was restricted to a maximum of 250 edition of Samuel Hearne’s Journey from Tyrrell, as a geologist, had been given the registrants, with a corresponding number of Prince of Wales Fort, in Hudson Bay, to the opportunity by the Geological Survey of successive editions to be allotted on the Northern Ocean. This was followed in 1916 Canada to explore and map river routes basis of one to each member.However,since with the publication of his second volume left unchallenged by members of the the Society’s roster of members was met titled: David Thompson’s Narrative of his Hudson’s Bay Company, the North West within the first year of its existence, a Exploration in Western America 1784-1812. Company, and the French Canadian La decision was made by its executive to This edition was an unequivocal success; so Verendrye family of fur-traders and increase enrollment to 500, with the much so that its great demand confirmed explorers (1731-1749).The latter and their additional 250 editions being allotted to the survival of the Champlain Society. Most associates withdrew from the interior of subscribing libraries. (Continued on Page 24...) western Canada at the onset of the Seven Years War. The final exodus of French Canadians was completed in 1763 with the signing of the Treaty of Paris.

Joseph Tyrrell was no armchair historian, cloistered in archival research centers associated with universities, libraries, museums, and various institutions. Of his career of 17 years with the Geological Survey of Canada, five of his field seasons found him exploring and mapping the river systems and interconnecting lakes associated with the terrain of the Precambrian Shield in a remote region north of 55° latitude. He accepted, with fortitude, experiences endured by his antecedent fur-traffickers; having travelled in the same manner – often during prolonged inclement weather – suffered similar privations, labored over portages and relied on the survival skills of his native and Métis assistants in running the rapids or serving as guides. Most importantly, Joseph Tyrrell explored and mapped areas, some of which hitherto had existed as blank areas on the contemporary maps of Canada’s North West. He accomplished all this before he was 40 years of age.

The inaugural meeting of the Champlain Society was held in Toronto on May 17, 1905. The object of this nonprofit society 21 March 2/10/06 11:24 PM Page 22

Thank you for your generous support in 2005. .

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(...Continued from Page 21) The Champlain Society and the Hudson’s importantly, Tyrrell’s Narrative served to Bay Company had agreed that the Hudson’s elevate David Thompson from anonymity Bay Record Society’s first 12 volumes would C to his rightful status of being one of the be published by the Champlain Society, P world’s greatest land explorers and following which successive volumes would G

cartographers. In respect to Joseph Tyrrell’s be the responsibility of the Hudson’s Bay O extensive historic writings and editing Record Society. Accordingly, this agreement during his lifetime, the Narrative could be was fulfilled with the 12 volumes published considered his magnum opus and had been from 1938 to 1949. An additional 21 considered to be the premier publication volumes were published solely by the by the Society. Its demand resulted in a new Hudson’s Bay Record Society from 1950 to edition, published in 1962 by the Champlain 1983.These 63 volumes cover all aspects of Society, five years after Tyrrell’s death and the Company’s fur-trade industry during the was titled: David Thompson’s Narrative period 1671-1889, as sourced from the 1784-1812. It was cited as: “A new edition Company’s archives. Some 1,150 members Canadian Petroleum with added material edited with an constitute the limited enrollment of the Geologists Open introduction and notes by Richard Glover, Hudson’s Bay Record Society (1985, The Professor of History, University of Canadian Encyclopedia, Hurtig Publishers Manitoba.” Subsequent annual volumes Ltd., ed. in chief, James H. Marsh; p.844). 46th Annual Tournament published by the Champlain Society and edited by Joseph Tyrrell, with an The first volume, published in 1938 for the introduction and notes, were: Documents Hudson’s Bay Record Society by the June 21, 22 & 23, 2006 Relating to the Early History of the Bay, Champlain Society, was titled: Journal of The tradition continues when published in 1931; and the Journals of Occurrences in the Athabasca Department by Samuel Hearne and Philip Turnor, published in George Simpson, 1820 and 1821, and 176 geo-scientists meet for three 1934. During Joseph Tyrrell’s research, Report. It was edited by E.E. Rich, St. days of competitive* golf and involving the gleaning of information Catharine’s College, Cambridge. In the relative to the preparation of the preface, acknowledgements by E.E. Rich are social events where business and forenamed two volumes, he was given the noted for:“Dr. J.B.Tyrrell and Mr.W. Stewart personal relationships are fullest cooperation and assistance by the Wallace (former librarian, University of late Company’s archivist, R.H.G. Leveson Toronto) particularly have been most initiated and maintained. Gower, at Hudson Bay House, London. generous in their help, and special thanks are Previously, the cataloguing and codifying of due to them.” stored records was in a nascent stage. This tournament is a mixed Prior to World War I, the general public, An amazing accomplishment can be event supported by over 150 including academics, were not privileged to attributed to Joseph Tyrrell’s cognitive ability research their voluminous records. when, a little over a month short of his 94th E&P and service companies birthday, he had published in the September, within the geological Joseph Tyrrell was elected president of the 1952 issue of the Hudson’s Bay Company’s community. Champlain Society, by his fellow members, magazine, The Beaver, a review of the for the term 1928-1932, in recognition of fourteenth volume of the Hudson’s Bay the contributions he made for its success Record Society, published in 1951 and titled: Are you registered? (1934, September issue, The Beaver, W.S. Cumberland House Journals 1775-9. Its editor Wallace: The Champlain Society; pub. was E.E. Rich. Look for the registration form in Hudson’s Bay Company, pp. 42-44). the March and April Reservoir. The archives of the Hudson’s Bay Company The Hudson’s Bay Record Society, an had been located in a succession of four offshoot of the Hudson’s Bay Company, was different sites in London before they *all welcome – golfers grouped by established by the Governor and reached their present resting place in ability from scratch to duffer. Committee in London in 1938.The concept Winnipeg, Manitoba. Originally, they were engendering its formation had been contained in packing cases and sequestered generated a decade earlier, but the ensuing in vaults, which were stored in the depression years had necessitated its Company’s warehouse in London. There realization to be held in abeyance. The they remained secluded until 1924, at which object of the Society was the editing and time the archives were transferred to the publication of selected material contained in Company’s fur-trade office, located at the Company’s archives at Hudson’s Bay Garlick Hill, London, where they remained House. This immense collection, amounting until 1927. In 1920, Sir William Schooling to 30,000 documents, including post diaries, had been commissioned to produce a short journals and correspondence, represented history of the Hudson’s Bay Company in the tangible overseas communication link commemoration of its 250th anniversary. between the Governor and Committee in His well illustrated book was comprised of London with their far-flung fur-trading 129 pages and accompanying map. It was empire of Rupert’s Land and beyond in published in 1920 by the Company and North America. (Continued on Page 26...) 24 March 2/10/06 11:24 PM Page 25

C P G th O 46 ANNUAL CANADIAN PETROLEUM GEOLOGISTS OPEN Elbow Springs Golf Club • June 21-23, 2006

The Golf Committee would like to thank the following sponsors: Registration Form

2005 Platinum Sponsors AGAT Laboratories MD Totco NAME: Belloy Petroleum Consulting Precision Energy Services Devon Canada Corporation Polaris Explorer Ltd. SPOUSE’S NAME: Geo-Logic Systems Q-byte - a division of IBM Canada Ltd. GeoStrata Resources Inc. Rapid Technology Corporation COMPANY: GLJ Associates Ltd. RECON Petrotechnologies Ltd. Kestrel Data Ltd. Schlumberger of Canada ADDRESS (Bus.): M J Systems Sproule Associates Ltd. POSTAL CODE: PHONE: FAX: 2005 Gold Sponsors E-Mail: Anadarko Canada Corporation IEXCO Canada Inc. AON Reed Stenhouse Jimel Oilfi eld Scouting Services Ltd. SHIRT SIZE: ❑ S ❑ M ❑ L ❑ XL ❑ XXL Baker Atlas Wireline McLeay Geological Consultants Ltd. Burlington Resources Canada Energy NCE Petrofund Corp. Continental Laboratories Ltd. Paramount Resources Ltd. All contestants are required to have a photo (any will do) in the Golfer’s Datamax Oilfi eld Corp. Rahkit Petroleum Consulting Photo Roster. New applicants or former contestants who do not meet Enermarket Solutions Regent Resources Ltd. this request are considered to have submitted an incomplete entry. Fugro SESL Geomatics Ltd. RGS Consultants Ltd. Former contestants who have submitted a photo in the past need not Genesis Executive Corporation RigSat Oil Field Communications Geographix Tectonic Energy Consulting Inc. do so again. Global Link Data Solutions Total E&P Canada Ltd. Handicap / Golf Index ______or Greystone Resources Ltd. Varidata Surveys Average of best three 18-hole scores in past 2 years:______Grizzly Resources Ltd. West Canadian If Index is less than 9.0, please provide your Club and Membership Number ______Entry Fee: Includes three rounds of golf with power cart; Paid 2005 Silver Sponsors driving range; Door prize draws; Skill prizes; BBQ (at Elbow Springs) and Arcis Corporation MI Casa Rentals Inc. Awards Banquet (Calgary Winter Club) both for you and your guest. Beaver Drilling Ltd. Nordin Resource Consultants Canadian Discovery Ltd. Oleum Exploration ltd. Cost: $330.00 Tournament Fee Canadian Society of Petroleum Pason Systems Geologists Petrocraft Products Ltd. *The course requires all golfers in a tournament of this size to use a Canadian Superior Energy Inc. Polaris Resources Ltd. power cart. The $18.00/day per golfer cart fee is included in the cost. Core Laboratories Canada Ltd. ProGeo Consultants Divestco.com Inc. Quality Trophies and Engraving Ltd. To assist the Entertainment Committee with budgeting, please indicate FET-Focus Energy Trust Resources R E Newman Expl. Consultants Ltd. if you plan to attend the two major social events of the tournament: Gabel Energy Inc. Rana Resources Ltd. Wednesday Barbecue: Self: Yes ❑ No ❑ Guest: Yes ❑ No ❑ Hycal Energy Research Townsend Field Scouting Services Ltd. Friday Awards Banquet: Self: Yes ❑ No ❑ Guest: Yes ❑ No ❑ Hydro-Fax Resources Ltd. Trivision Geosystems Martin Quinn Tucker Wireline Services Canada Ltd. Make Cheques Payable To: Canadian Petroleum Geologists Open Meloche Monnex Wild Rose Geological Services Wildcat Scouting Services (1991) Ltd. Send Entries To: Canadian Petroleum Geologists Open or CPGO c/o Grizzly Resources Ltd 1000, 324 - 8th Avenue S.W. 2005 Bronze Sponsors Bow Valley Industries Petro Tech Printing Calgary, AB, T2P 2Z2 Canadian Stratigraphic Services Ltd. Pure Energy Services Ltd. Attention: Craig Boland CL Consultants Limited San Dago Resources Ltd. Delta P Test Corp. Seismic Brokerage Services Ltd For more information call Craig Boland: 218-3221 Fekete Associates Inc. Spirit Energy Inc. E-mail: [email protected] Heather Oil Ltd. Total Gas

Change for 2006: This year 176 confi rmed players are required one month before the Tournament date in order to book all 27 holes. Get your registration in early to confi rm your spot and help the Golf Organizing Committee. This event has over twenty fl ights catering to all levels of player from Beginner to the Scratch player. New Golfers are welcome, with all entries ranked chronologically. March 2/10/06 11:24 PM Page 26

(...Continued from Page 24) titled: The Governor and Company of Adventures of England Trading into Hudson’s Bay during Two Hundred and Fifty Years 1670- 1920. Subsequently, William Schooling was commissioned, once again, to write a definitive history of the Company. This request precipitated a challenge for the cataloguing of the Company’s archival material. During the three years of their containment in Garlick HIll, significant strides had been made in extracting and indexing some of the early records of the Company in conjunction with Schooling’s research. In 1927, the Company’s archives were transferred to the uppermost floor of the Company’s new Hudson’s Bay House, located at Bishopsgate, London. In 1932 they were moved to the ground floor of the same building. At this juncture, all records relative to the Company’s history had been classified and indexed (1933, December issue of The Beaver, R.H.G. Leveson Gower: The Archives of the Hudson’s Bay Company, pub. Hudson’s Bay Company, p.40).

It was during the 1930s that the late Canadian academics, W.S. Wallace, former librarian, University of Toronto and Arthur S. Morton of the history Department, University of Saskatchewan conferred with R.H.G. Leveson Gower, the Company’s archivist, of the period, in the Archives Room Hudson’s Bay House. At the time, access to archival material was only available to researchers for the period 1670-1870; essentially the time frame that was incorporated in the title of Arthur Morton’s monumental history, A History of the Canadian West to 1870-71. Its first edition was published in 1939.

An agreement to transfer the Hudson’s Bay archives from Beaver (Hudson’s Bay House) House in London to the Provincial Library and Archives Building in Winnipeg was endorsed on July 31, 1973 by Governor George T. Richardson of the Hudson’s Bay Company and Premier Ed Schreyer of Manitoba.The physical transfer of the archives, chronicling over three centuries of Western Canada’s past, were expected to have been completed by late 1974. These priceless archives now reside in their rightful home. They could be considered one of Canada’s greatest treasures (1973, Autumn issue of The Beaver, ed. Helen Burgress: HBC Archives To Come To Manitoba, pub. Hudson’s Bay Company, p.32).

To be continued....

26 March 2/10/06 11:24 PM Page 27

2006 WIUGC CONFERENCE A GREAT SUCCESS BY MARC BOULET, 3RD YEAR GEOPHYSICS STUDENT, UNIVERISTY OF CALGARY, CO-CHAIR, WIUGC 2006 “Information is the seed for an idea, and only grows when it is watered” – Heinz Bergen

The 42nd annual Western Inter-University Geosciences Conference (WIUGC) took place at the Telus Convention Centre in Calgary in January, with over two hundred post-secondary delegates attending from universities across western Canada, including the Universities of British Columbia,Alberta, Saskatchewan, Regina, and Manitoba, as well as the University of Calgary.

Paul Levesque, the WIUGC 2006 chairman, indicated that this year’s setting in Calgary provided a unique opportunity for attending delegates. “We believe that the WIUGC is a great way to showcase the incredibly diverse PSDM Presentation knowledge base that Calgary, and Alberta as a whole, offers in the geosciences.We also felt that it was important to acknowledge the growing reach and sophistication of the geosciences, and not to be limited strictly to geological topics. As a result, the G in WIUGC was officially changed from Geological to Geosciences.”

AN EXCHANGE OF IDEAS This year’s conference was geared to provide an exceptional forum for the exchange of ideas, technical knowledge, and career information.This year’s short course, offered by Veritas DGC Inc., focused on cutting-edge seismic techniques used in exploration geophysics, such as modern multicomponent (MEMS) acquisition, amplitude variation with offset (AVO), and prestack depth migration WIUGC Exhibit Hall (PSDM). Delegates were also treated to a number of field trips, including a visit to the Tyrrell Museum in Drumheller to get a behind-the-scenes tour of its world-famous dinosaur collection.There was also a field trip to the EUB Core Research Centre, home of 1.54 million metres of core and 16 million drill-cutting samples, as well as the 3D Seismic Imaging Centre, situated at the University of Calgary. Bill Ayrton provided a fun and informative walk through a number of downtown buildings in Calgary to discuss their geological significance.

The conference was replete with two full days of industry and student talks as well as poster presentations. They covered a wide range of topics, from the distribution of diabase dykes in the Northwest Territories, Shell Canada Information Table to loess deposits in Siberia, to the challenges of drilling offshore wells at Hibernia. The Webb Prizes for the first-place talks in the “Redefining Technostratigraphic Terranes.” hard-working judges poured over every talk graduate and undergraduate categories. Erik Heather Wilson, a University of Calgary and poster presentation to assess the Katvala of the University of Calgary won in undergraduate student, won for her talk on winners. The CSPG sponsored the Jack D. the graduate category for his talk on (Continued on Page 28...) 27 March 2/10/06 11:24 PM Page 28

(...Continued from Page 27) “Physical Properties as a Means for Investigating Changes in Eruption Dynamics.”

Imperial Oil generously provided the remaining prizes from Green’s Rock & Lapidary Ltd.The second-place graduate talk was given by Marie-Eve Caron of the University of Calgary on “Nahanni Mineral and Energy Resource Assessment: Trends in Spring Geochemistry.” Anders Carlson of the University of Manitoba won the second-place undergraduate talk based on the “Formal Evolution of Marginal Carbonate Pinnacles from a Coastal Salin, South Australia.” The first-place poster presentation was given to Sándor Süle, et al. of the University of Saskatchewan, on their “Regional Tectonic and Petrophysical Study around the Weyburn Oil Field.” Congratulations to Bernadette Knox, also from the U of S, for her second- WUIGC Exhibit Hall place poster finish.

The Friday luncheon keynote by Philip Benham, staff geologist at Shell Canada, was especially eye-opening, as he framed the issues of sustainable development in Madagascar in a thoughtful and enlightening way. A heavily-frequented career fair was scheduled for those delegates who were interested in leveraging their geoscience education as well as making industry contacts. A host of technical societies, including the CSPG, as well as exploration and service companies from across western Canada, were on-hand to provide expert information and career guidance.

FUN TIMES Of course, any conference would not be complete without the opportunity to meet and mingle, and this year’s WIUGC was no exception. Thursday night’s event, the Rock Poster Sessions Provoke Discussion Breaker, sponsored by Tucker Wireline Services, featured a live performance by local favourites The Villains. Friday night offered delegates the opportunity to sample Calgary’s vibrant nightlife. The wind-up banquet on Saturday featured a dinner and dance. It was highlighted by the fascinating and entertaining keynote talk on the incredible wealth of dinosaur resources in Alberta by Dr. Phillip Currie, the former Curator of Dinosaurs at the Tyrrell Museum of Palaeontology and currently a Canada Research Chair at the University of Alberta. Saturday’s keynote was graciously sponsored by Sigma Explorations. The evening was capped off by the presentation of a gift from Paul Levesque to the University of Manitoba committee, who will host the 2007 WIUGC.

VOLUNTEER AND SPONSOR SUPPORT As a member of the organizing committee, I was also able to see the incredible work that went on behind the scenes to make an event Ayrton’s Walking Tour of Downtown Calgary 28 March 2/14/06 11:16 AM Page 29

Keynote Luncheon of this magnitude happen. The vibrancy of WIUGC SPONSORS Calgary’s geoscience community was well Shell Canada Ltd. Canadian Natural Resources Ltd. evidenced by the tremendous support that Petro-Canada EOG Resources this year’s WIUGC received. The 2006 Imperial Oil Ltd. Grafikor Printpak committee would like to thank all the Apache Canada Ltd. AFS Ainsworth Financial Services Ltd. sponsors and volunteers for their logistical Tucker Wireline Services HEF Petrophysical Consulting Inc. and financial resources – especially the Nexen Inc. CSPG industry personnel, students, judges, and Veritas DGC Inc. CSEG especially the CSPG, who came down and EnCana APEGGA donated their time at the conference and enriched it beyond measure with their Sigma Explorations Inc. The University of Calgary eagerness and enthusiasm. GeoGlobal Resources Inc. We’d also like to extend a special thank-you to Phil Simony, Professor Emeritus at the University of Calgary, who delighted the WIUGC 2006 committee with his tale of attending the very first WIUGC in Saskatoon in 1964. He certainly gave us a sense of the history and tradition behind this event, which will continue for many years to come. See you next year in Winnipeg!

Photos Courtesy of Penny Colton

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29 March 2/10/06 11:24 PM Page 30 March 2/10/06 11:24 PM Page 31

POCO PEMBINA BY ROCKY MOTTAHEDEH, P.ENG. P.GEOL., UNITED OIL & GAS CONSULTING LTD. 2/14-35-46-8W5 Rock Creek and Ostracod Gas

Following the discovery of oil from the Cretaceous Cardium sand in the mid-1950s, the Pembina Field turned out to be the biggest single discovery in the history of exploration in Western Canada. Yet, the region is relatively underdeveloped with respect to deeper pools. Only in the past few years has this status begun to change with increasing success in the Lower Cretaceous and Jurassic formations. One of the more significant of these later discoveries is the 1998 well drilled at 2/14-35-46-8W5 by Poco Petroleums (now Burlington Resources Canada), which is producing gas from the Jurassic Rock Creek subcrop play and overlying Cretaceous Ostracod sands.

A success from the start, the 14-35 well flowed gas at 5 mmcf/d during the first month of production, and has since produced over 3.5 bcf of gas.This development of the Rock Creek is in the center of Jurassic and Lower Cretaceous activity located on the south side of the Pembina gas strike area. The Regional Setting Map (Figure 1) shows the location of Poco’s well, along with the positions of other deeper zone producers.

A historical account of the Pembina region (i.e., the area covered in the Regional Setting Map) is really the story of the Cardium over a Figure 1. Regional setting map. background of less significant discoveries. An indication of this dominance is given by Figure 2, which shows Cardium producers compared to all zones combined.The Cardium was the first major discovery in the region with a successful completion at 4-16-48-8W5 in 1953.That year also saw the discovery of Belly River oil, which stood to be a convenient, albeit minor, shallow secondary zone. From 1953 to 1955 the number of completions per year in this 25-township region shot up from 7 to 619. The level of activity in the area declined over the next five years, and in 1961 only 14 wells were completed for the Cardium. From 1961 through to the early 1990’s Cardium oil continued to be the dominant target, and only after 1994 did Lower Cretaceous and Jurassic reservoirs become major zones of interest at Pembina.

Two zones are identified in the 14-35 logs as gas-bearing. The Rock Creek member provides the better pay of the two, while a secondary gas pay zone is present in the Ostracod Formation.The Rock Creek, which is 17 metres thick at this location, is (Continued on Page 32...) Figure 2. Distribution of producers by year. 31 March 2/10/06 11:25 PM Page 32

Figure 3: Core photographs from the 14-35-46-8W5 well, illustrating sections of the Rock Creek Member, the Ellerslie Formation, and the Ostracod Formation. Figure 3-a:Transition from lower tight shale to upper sands.The sand is moderately bioturbated, showing a minor degree of burrowing into the underlying muds. Figure 3-b: Rock Creek Member, narrow section of finely layered sands. Figure 3-c: Rock Creek Member, highly bioturbated sand. Disturbance from burrowing organisms has completely removed all traces of the original sedimentary structures. Figure 3-d: Rock Creek Member, calcareous shell layer, approximately 4m above the base of the sand. Figure 3-e: Ellerslie Formation.Tight sands separated by shale stringers exhibit excellent fine-scale cross-bedding. Figure 3-f: Ostracod Formation.Tight greywacke with bivalves and gastropods. Figure 3-g: Ostracod Formation. Possibly a similar sand to that shown in Figure 3-f, but has undergone leaching of calcareous materials. Scale: core diameter = 4.5 inches.

(...Continued from Page 31) Cretaceous Clastic Wedge of Western activity related to the Columbian Orogeny. composed of a lower 8m-thick, tight shale Alberta, 1989). The similarities between the Basin development and periodic exposure led and an upper 9m-thick, partially porous sand. sands described by Rosenthal and the sands to the unconformable contact between the The texture and composition of the sand is observed at 14-35 indicate that they are part Jurassic and the overlying Lower Cretaceous. variable throughout its thickness in a number of the same group, which was interpreted by of ways. Most apparent is a significant Rosenthal as being deposited in marine shelf In summary, the geological evolution of the difference in the level of bioturbation, which conditions. Capping the Rock Creek on the Pembina Rock Creek pool began with the varies from moderate over the sand’s lower other side of the pre-Cretaceous deposition of sands on a mid-Jurassic shelf. 3 metres (Figure 3-a), to absent throughout unconformity is the Cretaceous Ellerslie Evidence from core observations suggests the overlying 0.5 metres (Figure 3-b), to Formation. This formation is composed of that these sands have maintained original extreme throughout the uppermost 5 metres sands containing numerous shale stringers micro-porosity that was later augmented by (Figure 3-c). Carbonate content is another (Figure 3-e).Above the Ellerslie, the Ostracod minor chemical dissolution of shell material. variable throughout the zone, as is the Formation is composed mostly of tight Development of a trap for the pool was the presence of shell material (Figure 3-d), which greywackes with fossils interspersed (Figure result of local variation in porosity of the may be found in rare, discrete layers. Two 3-f) and a 1m-thick porous zone resulting Rock Creek, followed by pre-Cretaceous porous zones, each about a metre thick and from dissolution of carbonates (Figure 3-g). erosion and subsequent deposition of the close to the center of the sand member,form Along with the Juraassic Poker Chip Shale shaly basal Ellerslie to form the top seal. the Rock Creek pay zone. Porosity in both and Nordegg, the Rock Creek member zones is on a fine- to micro-scale, with little represents part of a westerly thickening INFORMATION porosity apparent in hand sample. Highly clastic wedge, which unconformably overlies This article is condensed from a more in-depth bioturbated Rock Creek sands of this region successively older strata from west to east. review by Canadian Discovery Ltd. For the full have been described by Lorne Rosenthal, in Following the deposition of the Rock Creek report or information on products offered by his Ph.D. thesis (Stratigraphy, Sedimentology, during the Bajocian transgressive event, the CDL, please visit www.canadiandiscovery.com or and Petrology of the Jurassic - Early region experienced extensive tectonic call 269-3644. 32 March 2/10/06 11:25 PM Page 33

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AAPG Canada Region VOLUNTEERS WANTED!

The Canada Region of the American Association of The House of Delegates of the AAPG is responsible Petroleum Geologists (AAPG) needs you. If you are for all legislative functions of the Association, within a member of the AAPG and interested in the scope of the AAPG’s Constitution and Bylaws. volunteering, please consider how you can assist. As a group, the HOD is an influential body and serving as a Delegate is a great way to get involved in Members of the Canada Region are wanted to serve the workings of the AAPG. Canadian Region on various committees, and if you are an Active, Delegates also participate in the Executive Committee Honorary, or Emeritus Member of the AAPG you of the Region. are also eligible to take advantage of one or both of the opportunities below. Interested? Want more information? Want to submit your name – or that of another 1) Call for Nominations for Delegates, candidate? 2) AAPG House of Delegates Then for any of these opportunities please contact the The Canada Region is currently represented in the following (as soon as possible before April 30, 2006): AAPG House of Delegates by thirteen Delegates Bob Phelps, Secretary/Foreman from the Region, and there will be five vacancies in [email protected] these 3-year positions for the coming term of office 403-237-5163 or by mail: (2006-2009). There are also additional opportunities AAPG Canada Region c/o CSPG, 160 to serve as Alternate Delegates. 540 – 5th Avenue SW, Calgary, AB T2P 0M2

33 March 2/10/06 11:25 PM Page 34

“June is Busting Out All Over” with AAPG Education Opportunities

Field Seminars!! Short Courses!!

Predicting Clastic Reservoirs Using Applied Sequence Quantification Of Risk — Petroleum Exploration & Stratigraphy: Understanding the Fundamental Drivers of Production Basin Fill Architecture Date: June 6-9, 2006 Leaders: Lee F. Krystinik, ConocoPhillips, Houston, TX and Beverly Location: Denver, Colorado Blakeney DeJarnett, Bureau of Economic Geology, The University of Tuition: $995, AAPG members; $1,095, non-members (increases to Texas, Houston, TX $1095/1195 after 5/9/06), includes course notes and refreshments Dates: June 5-11, 2006 Limit: 40 persons Location: Begins and ends in Salt Lake City, Utah Content: 3.0 CEU Tuition: $2,000 (increases to $2100 after 5/08/06), includes ground Instructors: Gary Citron, Mark McLane, Rose and Associates, transportation, guidebooks, some meals Houston and Midland, TX, respectively Limit: 25 Content: 4.2 CEU Who Should Attend Course is designed for geologists, geophysicists, engineers, and Who Should Attend their managers. The course is also helpful for financial advisors, Geologists and Geophysicists of all experience levels. corporate planners, accountants, and state and federal government individuals. Folding, Thrusting and Syntectonic Sedimentation: Perspectives from Classic Localities of the Central Pyrenees Practical Salt Tectonics

Leaders: Antonio Teixell, Universitat Autònoma de Barcelona, Date: June 26-28, 2006 Spain, and Antonio Barnolas, Instituto Geológico y Minero de Location: Dallas, Texas España, Madrid, Spain Tuition: $795, AAPG members, $895, non-members (goes up to Dates: June 12-16, 2006 $895/995 after 5/26/06), includes course notes and refreshments Location: Begins and ends in Barcelona, Spain Content: 2.1 CEU Tuition: $1,750 USD (increases to $1850 after 5/01/06), includes Instructor: Mark G. Rowan, Consultant, Boulder, CO guidebook and course materials, internal and roundtrip transportation from Barcelona, lodging, and all meals. Limit: 22 Who Should Attend Content: 3.5 CEU Exploration and production geologists, geophysicists, and managers working in salt basins worldwide who need either an Who Should Attend introduction to salt tectonics or an update in this rapidly evolving field. Exploration and development geologists and geophysicists interested in thrust-fold structures and tectonics-sedimentation interactions in compressional belts.

Sequence Stratigraphy and Reservoir Distribution in a New GeoTour!!! Modern Carbonate Platform, Bahamas Geologic Tour through the Napa-Sonoma “Wine Country” Leaders: Gregor P. Eberli, Comparative Sedimentology Laboratory, Region University of Miami, Miami, FL; G. Michael Grammer, Dept. of Geosciences, Western Michigan University, Kalamazoo, MI; Paul M. Leaders: Brent Miyazaki, Innovateur International, Pasadena, CA, (Mitch) Harris, Chevron Energy Technology Co., San Ramon, CA Laurie McClenahan, MHA Environmental Consulting, San Mateo, CA Dates: June 12-17, 2006 Dates: June 10-14, 2006 Location: Begins and ends in Miami, Florida. Four days are spent on Location: Sonoma Valley, California (begins and ends in Oakland, a chartered boat in the Bahamas. CA) Tuition: $3,600 (increases to $3700 after 5/16/06), includes flights to Tuition: $2,300 per individual or $3,675 per couple (increases to and from the Bahamas to Miami, boat, accommodation in the $2,400 per individual/$3,775 per couple after 5/3/06), includes 4 Bahamas and all meals nights lodging, bus transportation, 2 lunches, daily refreshments, tours Limit: 11 and tastings at 9 different wineries, a group gourmet dinner event, Content: 4.2 CEU entrance to historic sites and guidebook. Who should attend Limit: 30 persons Petroleum geologists, geophysicists and reservoir engineers Who Should Attend who are working in carbonates and need to understand facies heterogeneities and porosity distribution on exploration and Geologists, spouses/partners and anyone who would like to production scales. experience the area’s historical and cultural treasures while tasting various wines from a region rich in natural resources. For further information, please contact the AAPG Education Department Phone: 918-560-2650; Fax: 918-560-2678; e-mail: [email protected] Or log on to www.aapg.org/education/index.cfm

34 March 2/10/06 11:25 PM Page 35

THE BMO RETIREMENT TRENDS STUDY – OVERVIEW

While other studies have focused on October 21 and October 27, 2005. A Canadians 45 and over are retirement in Canada, the BMO Retirement randomly selected sample of 5,325 financial challenging the status quo, Trends Study is the most comprehensive to decision-makers age 45 or over, with financial rejecting stereotypical notions date, delving deeper to reveal the tendencies assets of at least $25,000, completed the of retirement. that have altered the status quo and will survey. Based on the sample size, the results continue to shape the future of retirement are considered accurate to within 1.34 INTRODUCTION for older Canadians. percentage points, 19 times out of 20, vis-à- Most Canadians agree that the traditional vis what they would have been had the entire meaning of “retirement” is inaccurate by SURVEY METHODOLOGY population of Canadians 45 and older, with today’s standards. It no longer reflects the BMO Financial Group and Ipsos Reid financial assets of at least $25,000 been realities of those who are deemed to be “in” conducted an online survey between polled.The data were weighted to ensure the retirement and the perceptions of sample’s regional and asset those who are approaching what was composition were indicative of the thought to be a static stage of life. In (Chart 1) Canadian population, according to fact, new research suggests that How do you define retirement? 2001 Census data. retirement is no longer a fixed point in time, but rather a transition KEY FINDINGS between full-time work and active The Study reveals a population that is retirement — a far more flexible both positive and confident in its concept than once thought. prospects for retirement, with the most compelling aspect of the ‘new The BMO Retirement Trends Study retirement’ being that pre-retirees offers a forecast of the kind of life expect to keep working into their so- Canadian retirees and pre-retirees called retirement years. Furthermore, envision for their future. It reveals the findings underscore a consistent the attitudes of 5,325 Canadian theme — a unilateral disdain for the financial decision-makers 45 and stereotypical and idealistic notions of over and corroborates the growing retirement as a period of life when body of qualitative and anecdotal older Canadians withdraw from evidence that the notion of society and take up residence on their retirement is changing. front porch. The following is a (Continued on Page 36...) 35 March 2/10/06 11:25 PM Page 36

(...Continued from Page 35) (Chart 2) retirees spend a “great deal” or snapshot of the overall Study “some” time working for an findings. How do you feel about retirement? employer and 17% of current retirees spend a “great deal” or Retirement should be “some” time working for their redefined. Retirement doesn’t own or family business (see mean today what it meant in the Chart 4). past. Nine out of ten (87%) Working longer is about staying respondents agreed with this active. The primary reasons pre- statement.When asked which of retirees expect to be working a series of eight phrases the are listed in Chart 5. new term for retirement should be, they responded as shown in Men and women appear to Chart 1 (Page 35). retire for different reasons. While responses to other No more doom and gloom. reasons for retiring are similar Contrary to the perception that between men and women, the people feel anxious about former (31%) are more likely retirement, the Study revealed than women (19%) to have a sense of optimism shared by retired because they “felt they both retirees and pre-retirees. had enough money to retire.” Both groups chose the top Women (15%) are more likely words or phrases for than men (11%) to have retired retirement as “freedom,” because they “wanted to spend “more leisure time,” “the next more time with family” or stage of my life,” “fun” and because of a “health condition” “confidence.” According to both (21% of women vs. 16% of men). groups, the least relevant terms Men (29%) are also slightly more were “anxiety,” “loneliness” and likely than women (25%) to feel “uncertainty.” In fact, 74% of that their lifestyle has turned retirees and 73% of pre-retirees out better than expected (see picked “freedom,” while only (Chart 3) Chart 6). 5% of retirees and 7% of How would you ideally spend your retirement? pre-retirees chose “anxiety” to More charitable with age. The describe retirement. In fact, likelihood of spending or 74% of retirees and 73% of expecting to spend a great deal pre-retirees picked “freedom,” of time “doing non-profit or while only 5% of retirees and charitable work” increases with 7% of pre-retirees chose age. The breakdown for those “anxiety” to describe retirement spending or expecting to spend a (see Chart 2). great deal of time volunteering is shown in Chart 7. Pre-retirees and retirees would prefer not to work. The average monthly income When asked how they would desired in retirement is $3,500. “ideally” like to spend time in When asked about funding retirement, both retirees and retirement, a majority of pre- pre-retirees prefer not to retirees (66%) saw it from a work, regardless of their monthly income perspective, current retirement status, age, with $3,500 as the average. gender, and level of wealth Almost a quarter of those (see Chart 3). surveyed (24%) considered (Chart 4) retirement funding from an Wo rk Aspirations In reality, pre-retirees will Pre-Retirees Retirees annual income stream work more than their older after Retirement perspective, with $54,700 counterparts. When pre- per year as the average. Only retirees were asked about Plan to work or a very small proportion (8%) working after traditional currently work for an 58%16% had a lump sum in mind, with retirement, 58% plan to employer $649,500 as the average work for an employer in anticipated requirement. (see some capacity and 50% Chart 8) Plan to work for own expect to spend some time 50% 17% working for their own or or family business Two-thirds of retirees and family business when they pre-retirees have or will retire. Only 16% of current have debt in retirement. 36 March 2/10/06 11:25 PM Page 37

(Chart 5) (Chart 6) Reasons Reasons for Working in Retirement Men Women for Retiring

Felt they had enough 31% 19% money

Wanted to spend 11% 15% more time with family

Because of a health 16% 21% condition

Feel their lifestyle has turned out better than 29% 25% expected

Chart 7) (Chart 8) How likely are you to do charitable work? How will you fund your retirement?

According to the Study, of the 64% of emphasis on planning for income needs retirees who carry debt into retirement, during the transition from a career and more than one in four (28%) does not feel during active retirement. comfortable with the debt load. More than two-thirds (68%) of pre-retirees expect to ABOUT BMO FINANCIAL GROUP carry debt into retirement. Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified SUMMARY North American financial services The Study results offer an unprecedented organization.With total assets of more than glimpse of the future of retirement in $297 billion as at October 31, 2005, and Canada. While some areas are cause for more than 33,000 employees, BMO provides concern, popular “doom and gloom” a broad range of retail banking, wealth scenarios of retirement are contrary to the management, and investment banking research findings. In fact, Canadians 45 and products and solutions. BMO Financial older have an optimistic view of the future Group serves clients across Canada through and of themselves as a vibrant segment of its Canadian retail arm, BMO Bank of the population ready to move on to an Montreal, and through BMO Nesbitt Burns, Submitted by: exciting phase of life. one of Canada’s leading fullservice Jack Rawlyck,Vice President & Portfolio investment firms. In the United States, BMO Manager So, what does that mean for the traditional serves clients through Chicago-based BMO Nesbitt Burns method of retirement planning? It requires Harris, an integrated financial services 1600, 425 – 1st SW some rethinking, to say the least.The narrow organization that provides more than one Calgary, AB T2P 3L8 and formulaic approach to retirement, based million personal, business, corporate and (403) 262-0823 on outdated assumptions about what institutional clients with banking, lending, [email protected] retirement looks like, will require a dramatic investing, financial planning, trust overhaul. Where retirement planning was administration, portfolio management, family once focused primarily on asset office, and wealth transfer services. accumulation, the research demands an 37 March 2/10/06 11:25 PM Page 38

2006 CSPG CSEG CWLS JOINT CONVENTION

The Technical Committee has put together a first As you are probably already aware, the 2006 Joint class offering of oral presentations, poster sessions, Convention will be a joint meeting of the CSPG, core presentations, field trips, and short courses for CSEG and CWLS.Together,the membership of these the upcoming 2006 Joint Convention. societies represents an important and significant cross-section of the petroleum industry’s technical The Final Circular is being distributed in a separate community. Along with this, the attendance of the mailing which will include detailed information about convention is expected to be over 3,200 Delegates! the technical programme. It will also contain the Registration Forms are available online at convention schedule, special events, exhibitor floor www.GEOconvention.org. plan, and a registration form. Watch for the Final Circular being mailed to you We are looking forward to a successful 2006 Joint soon!! Convention to find out...What’s next? Where is our industry heading?

REGISTRATION OPENS MONDAY MARCH 27, 2006 Registration fees for this year’s convention are as follows: (Please note prices do not includes GST)

Early Bird Registration Regular Registration On-Site Registration Deadline: April 19, 2006 Deadline: May 5, 2006 May 15 – 18, 2006

Member (CSPG/CSEG/CWLS) $285 $385 $485

Non-Member $385 $485 $585

Retired Members (CSPG/ $150 $150 $150 CHOA/CWLS)

Student $75 $75 $75

Day Pass – Exhibition Hall Only $50/day

Luncheon Tickets $50 each

Additional Icebreaker Tickets $30 each

Avoid long lines Monday morning….REGISTER EARLY! On-line registration is available through www.GEOconvention.org using VISA or MC. Registrations may also be mailed, faxed or dropped off at the Convention Department c/o CSPG office. To pay by check or money order (make payable to 2006 CSPG CSEG CWLS Joint Convention), please send registration form(s), with payment, to: WHAT’S NEXT? Where is our industry heading? c/o CSPG Office 160, 540-5th Ave SW Calgary,Alberta T2P 0M2 Fax: (403) 264-5898 Registrations received after 4:00 pm Friday May 5, 2006 will be held and processed on site. On-site registration fees will be applied. 38 March 2/10/06 11:25 PM Page 39

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