AET.UN 0
20.03
ARX 0
57.85

2007 Performance

2007 Performance Review

Financial Highlights ($CDN - millions)
Revenue 1,251.6
Per Unit 5.95
Per boe 56.75
Cash flow 639,511
Per unit 3.35
Per boe 31.15
Net Income 356,935
Per unit 1.21
Net Debt Outstanding 578,086
Market Capitalization 5,352,013
Enterprise Value 5,930,099
Cash Distributions 376,566
Per unit 1.99
Cash withheld 262,945
Payout Ratio 59%
Total Return (Inception) 929.41%
Operating Highlights  
Production
Crude Oil (bbl/d) 28,682
Natural gas liquids(bbl/d) 4,027
% split 52%
Natural gas (mmcf/d) 180.1
% split 48%
Total production (boe/d) 62,723
Average Prices ($CDN)
Crude oil ($bbl) 69.24
Natural gas ($mcf) 6.75
Natural gas liquids ($bbl) 54.79
Oil equivalent ($boe) 54.54
Netback ($boe)
Commodity & other revenue 54.67
Royalties (9.59)
Operating Costs (10.26)
Netback 34.82
Wells Drilled  
Oil Wells 102
Natural Gas Wells 172
Dry Holes 4
Total 278
% success 99%
Trust Unit Highlights (thousands)
Units outstanding 210,200
Exchangeable shares 2,900
Total outstanding 213,200
Weighted average units 210,200
Trust unit trading stats ($CDN)
High 23.86
Low 18.90
Close 20.40
Average daily volume 597
Reserves Highlights
Based on Company Interest
Proved Reserves  
Crude oil & NGL's (mbbl) 124,787
Natural gas (bcf) 601.0
Total oil equivalent (mboe) 224,953
Proved + Probable Reserves
Crude oil & NGL's (mbbl) 158,341
% split 55%
Natural gas (bcf) 768.2
& split 45%
Total oil equivalent (mboe) 286,371
Reserve Life Index 12.5
Expenditures ($CDN - 000's)
Capital expenditures 397.2
Net acquisitions 42.5
Total expenditures 439.7
FD&A Costs (per boe) 20.03 (incl. FDC)
G&A expenses 52.7