Extractive Sector Transparency Measures Act Report Reporting Year Reporting Entity Name
From:
To:
2016/01/01
Reporting Entity ESTMA Identification Number
Subsidiary Reporting Entities (if necessary)
2016/12/31
Baccalieu Energy Inc. E462017
Baccalieu Oil & Gas Ltd. - E197082, Baccalieu Energy Partnership -E132109
Attestation: Please check one of the the boxes below and provide the required information Attestation ( by Reporting Entity)
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.
Attestation (through independent audit) In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest that I engaged an independent auditor to undertake an audit of the ESTMA report for the entity(ies) and reporting year listed above. Such an audit was conducted in accordance with the Technical Reporting Specifications issued by Natural Resources Canada for independent attestation of ESTMA reports. The auditor expressed an unmodified opinion, dated [ENTER DATE: YYYY-MM-DD] , on the ESTMA report for the entity(ies) and period listed above. The independent auditor’s report can be found at [INSERT WEBLINK TO AUDIT OPINION POSTED ONLINE – link should be on same page as report link]
Director or Officer of Reporting Entity Full Name: Position Title:
Scott Dyck Vice President & Chief Financial Officer
Date:
2017/05/26
Extractive Sector Transparency Measures Act - Annual Report Reporting Year Reporting Entity Name Reporting Entity ESTMA Identification Number Subsidiary Reporting Entities (if necessary)
From:
To:
2016/01/01
2016/12/31
Baccalieu Energy Inc. E462017 Baccalieu Oil & Gas Ltd. - E197082, Baccalieu Energy Partnership -E132109
Payments by Payee
Payee Name
Canada
Brazeau County
180,000
180,000 Property taxes
Canada
Clearwater County
290,000
290,000 Property taxes
Canada
Mountainview County
180,000
180,000 Property taxes
Canada
Yellowhead County Alberta Department of Energy Alberta Department of Energy Alberta Energy Regulator Minister of Finance, Alberta
280,000
Canada Canada Canada
Royalties
Production Entitlements
Country
Canada
Taxes
Infrastruct Total ure Amount Bonuses Dividends Improveme paid to nt Payee Payments
Fees
90,000
370,000 Property taxes and new well fees
2,720,000
2,720,000 Alberta oil crown royalties paid in kind (1)
280,000
280,000 Alberta royalties paid for natural gas and NGL's 240,000
240,000 Orphan fund and administrative fee payments
140,000
930,000
3,000,000
Notes
470,000
40,000
-
40,000
180,000 Crown mineral and surface payments, land sale
-
-
4,440,000
Notes: (1) Royalties paid in kind have been valued at the fair market value sale price at the time of payment. (2) Payments in this report reflect gross payments made directly by Baccalieu and its subsidiaries, including payments made in the capacity of operator on behalf of partners. Payments made by an operator on behalf of Baccalieu are not included. (3) All amounts have been rounded to the nearest $10,000 as per reporting guidance from NRCan.
Extractive Sector Transparency Measures Act - Annual Report Reporting Year Reporting Entity Name Reporting Entity ESTMA Identification Number Subsidiary Reporting Entities (if necessary)
From:
To:
2016/01/01
2016/12/31
Baccalieu Energy Inc. E462017 Baccalieu Oil & Gas Ltd. - E197082, Baccalieu Energy Partnership -E132109
Payments by Project
Country
Project Name
Canada Canada Canada
Ferrier Harmattan/Sylvan Pembina
Taxes
Royalties
Fees
230,000 240,000 460,000
810,000 40,000 2,150,000
40,000 50,000 380,000
930,000
3,000,000
470,000
Note: (1) Project classification is consistent with the entity's cash generating units (CGU's) t be consistent with the CGU's utilized in the entity's financial reporting.
Infrastruct Total ure Amount Bonuses Dividends Improveme paid by nt Project Payments
Production Entitlements
1,080,000 330,000 3,030,000
40,000
-
40,000
-
-
4,440,000
Notes