MARKET NEWS
| Average
7/22/16 YTD | 7/22/15 15/16 Price
Close Change Change | Close Change YTD
—————- —————- ———— ————– ———— ————–
Dow Jones Industrial Average 18,571 54 6.5% | 17,851 720 17,348
NASDAQ 5,100 26 0.6% | 5,172 -72 4,762
S&P 500 2,175 10 5.9% | 2,114 61 2,029
Amex Oil Index 1,128 -1 6.2% | 1,233 -105 1,073
S&P/TSX Composite Index 14,601 35 11.6% | 14,307 294 13,468
S&P/TSX Cdn. Energy Index 194 1 18.7% | 184 10 173
S&P/TSX Oil & Gas Producers 1,775 13 37.2% | 1,582 193 1,481
S&P/TSX Oil & Gas Services 785 4 -0.4% | 1,028 -242 746
|
Can-US Exchange Rate (US ) 75.88 -0.70 6.2% | 76.77 -0.89 75.51
10Yr Gov't Canada Bond 1.10% 0.00% -32.0% | 1.54% -0.44% 1.23%

COMMODITY NEWS
| Average
7/22/16 | 7/22/15 15/16 Price
Natural Gas Close Change | Close Change YTD
—————- ———— ————– ———— ————–
Aeco Spot (C$/mcf) 2.64 22 ¢ | 2.98 -0.34 1.70
Differential (H. Hub/Aeco) (C$/mcf) 1.02 -9 ¢ | 0.78 0.24 1.13
Aeco 12 Month Strip (NGX) (C$/mcf) 2.84 7 ¢ | 3.13 -0.29 2.39
Aeco Calendar Strip 2017 (NGX) (C$/mcf) 2.97 4 ¢ | 3.18 -0.21 2.72
Station 2 (C$/mcf) 2.30 6 ¢ | 0.00 2.30 1.47
Alliance ATP (C$/mcf) 2.37 -13 ¢ | 0.00 2.37 2.02
Dawn (C$/mcf) 3.58 15 ¢ | 3.86 -0.28 2.90
|
Henry Hub Spot (US$/mmbtu) 2.78 7 ¢ | 2.89 -0.11 2.13
NYMEX Aug16 (US$/mmbtu) 2.78 9 ¢ | 2.90 -0.12 2.19
NYMEX 12 Month Strip (US$/mmbtu) 3.03 6 ¢ | 3.11 -0.08 2.59
NYMEX 2017 Strip (US$/mmbtu) 3.12 3 ¢ | 3.21 -0.09 2.82

| Average
7/22/16 | 7/22/15 15/16 Price
Crude Oil Close Change | Close Change YTD
—————- ———— ————– ———— ————–
Synthetic Crude (C$/bbl) 56.52 -8 ¢ | 61.47 -4.95 55.88
Edmonton Mixed Sweet (C$/bbl) 52.63 -25 ¢ | 57.56 -4.93 49.27
Western Canada Select (C$/bbl) 38.80 -37 ¢ | 43.36 -4.56 35.98
Edmonton Condensate (C$/bbl) 55.07 -23 ¢ | 62.77 -7.70 51.44
Differential (WTI/WCS) (C$/bbl) 19.44 18 ¢ | 20.71 -1.27 17.55
Differential (WTI/Synthetic) (C$/bbl) 1.71 93 ¢ | 2.61 -0.90 -2.56
|
WTI Cushing Spot (US$/bbl) 43.49 -46 ¢ | 48.87 -5.38 40.38
Nymex WTI Aug16 (US$/bbl) 44.19 -56 ¢ | 49.19 -5.00 40.58
Nymex WTI 12 Month Strip (US$/bbl) 47.03 -61 ¢ | 52.19 -5.16 43.95
Nymex WTI 2017 Strip (US$/bbl) 48.66 -58 ¢ | 53.97 -5.31 45.68
ICE Brent Sep16 (US$/bbl) 45.69 -51 ¢ | 56.13 -10.44 42.05

While the information contained in this document was obtained from sources believed to be reliable, FirstEnergy Capital Corp. and Petroleum Services Association of Canada do not guarantee its accuracy and completeness.

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