AET.UN 0
20.80
ARX 0
48.00

2006 Performance

2006 Performance Review

Financial Highlights ($CDN - millions)
Revenue 1,230.5
Per Unit 6.02
Per boe 53.46
Cash flow 760.6
Per unit 3.72
Per boe 33.05
Net Income 460.1
Per unit 2.28
Net Debt Outstanding 739.1
Market Capitalization 4,620.0
Enterprise Value 5,359.1
Cash Distributions 484.2
Per unit 2.40
Cash withheld 276.4
Payout Ratio 64%
Total Return (Inception) 847.40%
Operating Highlights  
Production
Crude Oil (bbl/d) 29,042
Natural gas liquids(bbl/d) 4,170
% split 53%
Natural gas (mmcf/d) 179.1
% split 47%
Total production (boe/d) 63,056
Average Prices ($CDN)
Crude oil ($bbl) 65.26
Natural gas ($mcf) 6.97
Natural gas liquids ($bbl) 52.63
Oil equivalent ($boe) 53.46
Netback ($boe)
Commodity & other revenue 53.46
Royalties (9.66)
Operating Costs (9.12)
Netback 34.68
Wells Drilled  
Oil Wells 70
Natural Gas Wells 222
Dry Holes 2
Total 294
% success 99%
Trust Unit Highlights (thousands)
Units outstanding 204,289
Exchangeable shares 2,884
Total outstanding 207,173
Weighted average units 201,554
Trust unit trading stats ($CDN)
High 30.74
Low 19.20
Close 22.30
Average daily volume 706
Reserves Highlights
Based on Company Interest
Proved Reserves  
Crude oil & NGL's (mbbl) 127,321
Natural gas (bcf) 593.7
Total oil equivalent (mboe) 226,264
Proved + Probable Reserves
Crude oil & NGL's (mbbl) 162,193
% split 57%
Natural gas (bcf) 743.6
& split 43%
Total oil equivalent (mboe) 286,125
Reserve Life Index 12.4
Expenditures ($CDN - 000's)
Capital expenditures 364.5
Net acquisitions 131.8
Total expenditures 496.3
FD&A Costs (per boe) 16.09 (incl. FDC)
G&A expenses 45.8