AET.UN 0
20.80
ARX 0
48.00

2001 Performance

2001 Performance Review

Financial Highlights ($CDN - 000's)
Revenue 515,596
Per Unit 5.05
Per boe n/a
Cash flow 260,270
Per unit 2.55
Per boe n/a
Net Income 138,202
Per unit 1.36
Net Debt Outstanding 288,694
Market Capitalization 1,351,473
Enterprise Value 1,640,167
Cash Distributions 234,053
Per unit 2.31
Cash withheld 26,217
Payout Ratio 90%
Total Return (Inception) 192.70%
Operating Highlights  
Production
Crude Oil (bbl/d) 20,408
Natural gas liquids(bbl/d) 3,511
% split 55%
Natural gas (mcf/d) 115,200
% split 45%
Total production (boe/d) 43,111
Average Prices ($CDN)
Crude oil ($bbl) 31.70
Natural gas ($mcf) 5.72
Natural gas liquids ($bbl) 31.03
Oil equivalent ($boe) 32.76
Netback ($boe)
Commodity & other revenue 32.76
Royalties (7.14)
Operating Costs (5.47)
Netback 20.15
Wells Drilled  
Oil Wells n/a
Natural Gas Wells n/a
Dry Holes n/a
Total n/a
% success n/a
Trust Unit Highlights (thousands)
Units outstanding 110,609
Exchangeable shares 1,083
Total outstanding 111,692
Weighted average units 101,979
Trust unit trading stats ($CDN)
High 13.50
Low 10.41
Close 12.10
Average daily volume 414,000
Reserves Highlights
Based on Company Interest
Proved Reserves  
Crude oil & NGL's (mbbl) 92,657
Natural gas (bcf) 330.5
Total oil equivalent (mboe) 147,739
Proved + Probable Reserves
Crude oil & NGL's (mbbl) 114,243
% split 64%
Natural gas (bcf) 385.5
& split 36%
Total oil equivalent (mboe) 178,496
Reserve Life Index 11.5
Expenditures ($CDN - 000's)
Capital expenditures 102,218
Net acquisitions 522,659
Total expenditures 624,877
FD&A Costs (per boe) 9.75
G&A expenses 11,812