MARKET NEWS
| Average
12/18/14 | 12/18/13 13/14 Price
Close Change | Close Change YTD
Dow Jones Industrial Average 17,778 421 | 16,168 1,610 16,745
NASDAQ 4,748 104 | 4,070 678 4,364
S&P 500 2,061 49 | 1,811 251 1,927
Amex Oil Index 1,325 22 | 1,462 -137 1,539
S&P/TSX Composite Index 14,347 133 | 13,335 1,012 14,636
S&P/TSX Cdn. Energy Index 219 3 | 267.27 -48.60 290
S&P/TSX Oil & Gas Producers 1,949 28 | 2,544 -595 2,774
S&P/TSX Oil & Gas Services 1,250 -22 | 1,631 -381 1,831
|
Can-US Exchange Rate (US¢) 86.25 0.26 | 93.94 -7.69 90.70
10 Yr Gov't Canada Bond 1.87 0.06 | 2.68 -0.81 2.25

COMMODITY NEWS
| Average
12/18/14 | 12/18/13 13/14 Price
Natural Gas Close Change | Close Change YTD
Aeco Spot ($C/mcf) 3.42 1 ¢ | 3.87 -0.45 4.52
Differential (H. Hub/Aeco) ($C/mcf) 0.80 -5 ¢ | 0.68 0.12 0.32
Aeco 12 Month Strip (NGX) ($C/mcf) 3.34 -7 ¢ | 3.85 -0.51 4.31
Aeco Calendar Strip 2016 (NGX) ($C/mcf) 3.54 -5 ¢ | 3.74 -0.20 4.05
Dawn ($C/mcf) 4.63 3 ¢ | 4.96 -0.33 6.81
|
Henry Hub Spot ($US/mmbtu) 3.67 2 ¢ | 4.26 -0.59 4.39
NYMEX Jan15 ($US/mmbtu) 3.64 -6 ¢ | 4.25 -0.61 4.31
NYMEX 12 Month Strip ($US/mmbtu) 3.54 -3 ¢ | 4.20 -0.66 4.21
NYMEX 2015 Strip ($US/mmbtu) 3.54 0 ¢ | 4.16 -0.62 4.07

| Average
12/18/14 | 12/18/13 13/14 Price
Crude Oil Close Change | Close Change YTD
Synthetic Crude ($C/bbl) 59.26 -3.00 | 101.46 -42.20 102.23
Western Canada Select ($C/bbl) 44.30 -3.02 | 77.77 -33.47 83.11
Differential (WTI/WCS) ($C/bbl) 18.43 8 ¢ | 26.34 -7.91 20.40
Differential (WTI/Synthetic) ($C/bbl) 3.48 7 ¢ | 2.65 0.83 1.44
|
WTI Cushing Spot ($US/bbl) 54.11 -2.36 | 97.80 -43.69 94.18
NYMEX WTI Jan15 ($US/bbl) 54.11 -2.36 | 97.80 -43.69 94.03
NYMEX WTI 12 Month Strip ($US/bbl) 55.95 -2.24 | 95.24 -39.29 91.17
NYMEX WTI 2016 Strip ($US/bbl) 60.49 -1.58 | 87.86 -27.37 88.34
ICE Brent Feb15 ($US/bbl) 59.40 13 ¢ | 109.63 -50.23 100.57

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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