1. Being Resourceful With Our Resources 1

2. Oil and Natural Gas are part of our every day life 2

3. Oil & gas creates jobs across Canada 3 More than 2,000 companies across Canada have direct business with the oil sands

4. Change & Disruption Around the World Price Influencers:

5. Our biggest customer is our biggest competitor 5

6. Impact of falling oil prices on Canada’s energy sector 6

7. $30 billion in private capital investment to grow Canada’s economic capacity Pipelines = economic infrastructure 7

8. Canada’s Oil Sands Innovation Alliance (COSIA) An alliance of 13 oil sands producers, representing 90 per cent of production from the Canadian oil sands Four environmental priority areas; Water Tailings Land Greenhouse Gas Emissions Shared 814 distinct technologies and innovations that cost almost $1.3 billion to develop 185 projects currently underway with a cost of more than $500 million 8

9. COSIA in Space – GHG measurements 9 ● COSIA in Space will investigate the use of satellite technology to more accurately measure greenhouse gas emissions from tailings ponds and mine faces. ● COSIA will literally be going out of this world to achieve its vision of accelerating the pace of environmental performance improvement in Canada’s oil sands.

10. ● Aspiration: We will strive to produce our oil with lower Greenhouse Gas emissions than other sources of oil. COSIA-NRG XPRize for carbon use 10 ● The NRG COSIA Carbon XPRIZE is a global incentive competition offering US$20 million to innovators best able to convert CO2 emissions into a usable product. ● The competition is structured as a two-track prize, with one track focused on testing technologies at a natural gas facility, and the other focused on testing technologies at a coal power plant. A prize of $10 million is available to the winners of each track. There will be a total of three rounds.