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Friday, March 12, 2010

FW: Energy; Weekly Energy Review

Weekly Energy Review
Canaccord Research, (416) 869-3403


Inside this week
Enclosed is our Weekly Energy Review for the week ended March 5, 2010. It
provides a summary of commodity news, industry activity, market performance,
corporate developments, management changes, and equity financings during the
period.
Commodity prices
Near-month crude oil closed out the week at US$81.50/bbl, up 2.3% on the
week and up 86.9% from this time last year.
Near-month natural gas closed out the week at US$4.59/mmbtu, down 4.6% on
the week and up 12.4% from this time last year.
Market performance
The top three performers for the week ended March 5, 2010, were Bankers, up
33.7%; Painted Pony, up 27.6%; and Coastal , up 23.4%. The weekly bottom
performers were Result, down 17.2%; North Peace, down 15.0%; and TransEuro,
down 14.3%.

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Copyright (C) 2010 Canaccord Adams. All rights reserved. All material
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unless specifically indicated otherwise, is under copyright to Canaccord
Adams. None of the material,
nor its content, nor any copy of it, may be altered in any way, or
transmitted to or distributed to any
other party, without the prior express written permission of Canaccord
Adams.

The information contained in this report is drawn from sources believed to
be reliable, but the accuracy
and completeness of the information is not guaranteed, nor in providing it
does Canaccord Adams assume
any liability. This information is given as of the date appearing on the
report and Canaccord Adams
assumes no obligation to update the information or advise on further
developments relating to these
securities. This report is intended for distribution only in those
jurisdictions where Canaccord Adams is
registered as an advisor or a dealer in securities. Any distribution or
dissemination of this report in any
other jurisdiction is strictly prohibited. Canaccord Adams, its affiliated
companies and holdings of their
respective directors, officers and employees and companies with which they
are associated may, from
time to time, include the securities mentioned in this report.

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