Alberta’s energy industry is a critical economic driver for all of Canada and the ASC is proud of its expertise regarding disclosure of oil and gas activities. In many cases the industry is supplementing its important traditional activities with alternative energy and cleantech initiatives. The industry has also shown considerable leadership in responding to investor interest in environmental social and governance (ESG) matters. While maintaining its leadership role within the Canadian Securities Administrators (CSA), in oversight of oil and gas disclosure under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities (NI 51-101) the ASC is expanding its focus to ‘all things energy’ including matters relating to infrastructure, services, carbon capture and storage, energy minerals, helium, hydrogen, clean technologies, renewables. We are taking steps to ensure that we have the necessary technical expertise not just in the oil and gas sector but in alternative energy sources and energy related technological developments. Further, as reporting issuers are increasingly providing technical ESG disclosure such as scope 1, 2 and 3 greenhouse emissions, we are ensuring we have the expertise to assess that disclosure.
Our Energy Group is a specialized team within the ASC’s Corporate Finance division that is comprised of experienced and knowledgeable engineers, geologists and other professionals who understand the industry and its challenges.
View NI 51-101, the associated forms and related guidance, including the Companion Policy 51-101CP and CSA Staff Notices 51-324 and 51-327.
Information on the categories to use when filing NI 51-101 documents electronically via the System for Electronic Document Analysis and Retrieval (SEDAR+) is available here:
The following publications provide additional technical information.
- 2024 Energy Matters Information Session
- National Instrument 51-101 for Officers and Directors
- Beginner’s Guide to National Instrument 51-101 Standards of Disclosure For Oil and Gas Activities
- 2023 Energy Matters Information Session
- 2022 Energy Matters Information Session
- 2017 Oil & Gas Review Information Session
- OCA Bulletin - Abandonment and Reclamation Costs
- 2015 O&G Review Information Sessions
- SPE 114160 Unconventional Resources
- Paper: Reserves Reconciliation Part 1
- Paper: Reserves Reconciliation Part 2
Energy group contacts
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Craig Burns, P.Geo. |
Michelle Turner, P.Eng. |
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Staci Rollefstad, P.Eng. |
Ramsey Yuen, P.Eng. |
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Richard Bush, C.E.T. |