Perpetual Energy Inc.

R&R Rentals provides Western Canada with industry-leading customer service, fully comprehensive water management solutions, and equipment rentals. We succeed by growing with industry leaders and adapting to our ever-changing environment by introducing new technology in order to continue to provide superior service. Some of our past project experience includes, but are not limited to, 60km line with a challenging elevation profile, obtaining Government issued permits, dual line pumping, as well as scouting lines. R&RRentals believes that safety should be first inmindwhenmaking daily decisions at every level of our operations. We are dedicated to working with the communities in which we operate to maintain an extremely safe work environment as to not hinder their daily lives and ensure everyone is safe on our project sites including the public and the environment. Our safety program is understood, embraced and strictly followed by all levels of employees. Currently, R&R Rentals is a member of ISNet World, ComplyWorks and Avetta as well as has a COR with Energy Safety Canada. Emergency Fire & Flood | Drilling | Production | Completion | Tanks | Pumps | Licenses Equipment Rentals | Water Management Solutions | Construction & Mine Dewatering Visit Our Locations In: Red Deer • Grand Prairie • Calgary Fort St. John • Valley View www.rrrentals.ca Phone: (403) 506-1088 • Email: sales@rrrentals.ca TERVITA, PARTNERINGWITH THE ENERGY INDUSTRY FOR OVER THREE DECADES. As a leading energy-focused waste and environmental solutions company, we help our clients minimize impact and maximize returns. Learn more about our solutions at tervita.com over the last five or six years in the Edson area. They’re working at developing the suite of strati- graphic horizons across that land base and in Panny and Manville. By amassing a large block of land, they can control infrastructure and op- erations and drive their cost structure down. The problem with both oil and natural gas in Alberta is a lack of takeaway capacity, so the prices are disadvantaged relative to the rest of North Amer- ica. Local markets are oversupplied with heavy oil and gas, so Perpetual Energy is partnering with midstream and downstream companies to increase the takeaway capacity. But it’s been a challenging and slow process. “I think we’ve gotten ourselves into this sit- uation because of regulation changes and lack of firm government leadership,” says Rose, “but, the Alberta government is now recognizing the importance of pipelines and the federal govern- ment is starting to support and move forward the increase of takeaway capacity. B.C. is very complicated on the oil side. You hear a lot of the Trans-Mountain Pipeline discussion and we had challenges with B.C. over the last 10 years on liquified natural gas (LNG) exports, too. The previous government slowed things down, so we missed the commercial window for some of these projects. The mid-part of this decade, LNG seems to be coming around again, which is really positive. The global market is growing again, and it feels like B.C. is being supportive of that. So, I think they’re going to get it done.” East Edson has seen significant growth over the last two years. However, as Rose explains, PERPETUAL ENERGY INC. “We’re actually in a declin- ing mode now. Natural gas prices have been very poor in western Canada the last 18 months, and most of the reserves are recovered in the first year or two after you drill a well in this particular geol- ogy. So, we’ve decided to let our production decline there. Across the Basin there are a lot of operators choosing not to drill in this low-price envi- ronment and that, along with increased takeaway capacity out of the Basin, should help improve the price.”Where