DVN » Topics » Pricing and Marketing in Canada

These excerpts taken from the DVN 10-K filed Feb 27, 2009.
Pricing and Marketing in Canada
 
Any oil or gas export to be made pursuant to an export contract of a certain duration or covering a certain quantity requires an exporter to obtain an export permit from Canada’s National Energy Board (“NEB”). The governments of Alberta, British Columbia and Saskatchewan also regulate the volume of natural gas that may be removed from those provinces for consumption elsewhere.
 
Pricing and Marketing in Canada
 
Any oil or gas export to be made pursuant to an export contract of a certain duration or covering a certain quantity requires an exporter to obtain an export permit from Canada’s National Energy Board (“NEB”). The governments of Alberta, British Columbia and Saskatchewan also regulate the volume of natural gas that may be removed from those provinces for consumption elsewhere.
 
Pricing
and Marketing in Canada



 





Any oil or gas export to be made pursuant to an export contract
of a certain duration or covering a certain quantity requires an
exporter to obtain an export permit from Canada’s National
Energy Board (“NEB”). The governments of Alberta,
British Columbia and Saskatchewan also regulate the volume of
natural gas that may be removed from those provinces for
consumption elsewhere.


 






Pricing
and Marketing in Canada



 





Any oil or gas export to be made pursuant to an export contract
of a certain duration or covering a certain quantity requires an
exporter to obtain an export permit from Canada’s National
Energy Board (“NEB”). The governments of Alberta,
British Columbia and Saskatchewan also regulate the volume of
natural gas that may be removed from those provinces for
consumption elsewhere.


 






These excerpts taken from the DVN 10-K filed Jun 9, 2008.
Pricing and Marketing in Canada
 
Any oil or natural gas export to be made pursuant to an export contract of a certain duration or covering a certain quantity requires an exporter to obtain an export permit from Canada’s National Energy Board (“NEB”). The governments of Alberta, British Columbia and Saskatchewan also regulate the volume of natural gas that may be removed from those provinces for consumption elsewhere.
 
Pricing
and Marketing in Canada



 



Any oil or natural gas export to be made pursuant to an export
contract of a certain duration or covering a certain quantity
requires an exporter to obtain an export permit from
Canada’s National Energy Board (“NEB”). The
governments of Alberta, British Columbia and Saskatchewan also
regulate the volume of natural gas that may be removed from
those provinces for consumption elsewhere.


 




These excerpts taken from the DVN 10-K filed Feb 28, 2008.
Pricing and Marketing in Canada
 
Any oil or natural gas export to be made pursuant to an export contract of a certain duration or covering a certain quantity requires an exporter to obtain an export permit from Canada’s National Energy Board (“NEB”). The governments of Alberta, British Columbia and Saskatchewan also regulate the volume of natural gas that may be removed from those provinces for consumption elsewhere.
 
Pricing
and Marketing in Canada



 



Any oil or natural gas export to be made pursuant to an export
contract of a certain duration or covering a certain quantity
requires an exporter to obtain an export permit from
Canada’s National Energy Board (“NEB”). The
governments of Alberta, British Columbia and Saskatchewan also
regulate the volume of natural gas that may be removed from
those provinces for consumption elsewhere.


 




This excerpt taken from the DVN 10-K filed Feb 28, 2007.
Pricing and Marketing in Canada
 
An order from Canada’s National Energy Board (“NEB”) is required for oil and natural gas exports from Canada. Any oil or natural gas export to be made pursuant to an export contract of a certain duration or covering a certain quantity requires an exporter to obtain an export license from the NEB, which requires the approval of the Government of Canada. Exporters are free to negotiate prices and other terms with purchasers, provided that the export contracts meet certain criteria prescribed by the NEB. The governments of Alberta, British Columbia and Saskatchewan also regulate the volume of natural gas that may be removed from those provinces for consumption elsewhere based on such factors as reserve availability, transportation arrangements and market considerations.


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