Energy

Alberta’s energy industry is a critical economic driver for all of Canada and the ASC is proud of its expertise regarding “all things energy.” While remaining the lead oil and gas regulator within the Canadian Securities Administrators (CSA), the ASC is also strongly engaged on other energy matters, including infrastructure, services, carbon capture and storage, energy minerals, helium, hydrogen, clean technologies, renewables, and environmental, social and governance initiatives (ESG). The ASC’s Energy Group has been established to oversee these and other energy areas, while maintaining its leadership role in oversight of oil and gas disclosure from reporting issuers that report under National Instrument 51-101 Standards for Disclosure for Oil and Gas Activities.

The Energy Group’s responsibilities include:

  • Oversight of technical and related disclosure from reporting issuers involved in energy.
  • Development and maintenance of securities legislation and policy related to energy.
  • Effective communication within our capital market and the broader CSA on energy matters.

While oil and gas will remain a huge part of the Canadian and Alberta capital markets for years to come, the ASC acknowledges the energy diversification process that is underway. To help facilitate this, the ASC is applying its comprehensive expertise in “all things energy” to achieve the same regulatory integrity for the broader energy industry as it does for oil and gas.

Similarly, while the Canadian energy industry provides global leadership on ESG matters, the ASC is a leading CSA jurisdiction for reviewing climate change disclosures and the pursuit of related regulatory developments. The ASC intends to remain a leading regulatory destination for all energy issuers, both traditional and emerging, along with their related market participants.

We strive to ensure investors have access to timely and accurate information. Our group of experienced energy professionals understand the energy industry and are dedicated to assisting reporting issuers in meeting their compliance requirements. An important part of a fair and efficient capital market is high-quality corporate disclosure. It promotes investor confidence and provides valuable information that enables investors to make informed investment decisions.

View the rule and additional documents related to NI 51-101


Materials and Publications

Canadian Oil and Gas Evaluation Handbook

The CSA mandates the Canadian Oil and Gas Evaluation Handbook (COGE Handbook) as the technical standard for NI 51-101. The COGE Handbook is maintained and distributed by the Society of Petroleum Evaluation Engineers (Calgary Chapter). For further information or to acquire copies, please visit their website

Oil and Gas Review Reports

Reference Materials

Technical Papers and Presentations


Contact Us

For general ASC contact information, visit our Contact Us page.

For general oil and gas questions, email 51-101@asc.ca

Energy group contacts

Craig Burns, P.Geo.
403-355-9029
Craig.Burns@asc.ca
Manager 

Michelle Turner, P.Eng.
403-297-4973
Michelle.Turner@asc.ca
Evaluation Engineer 

Staci Rollefstad, P.Eng.
403-297-4225
Staci.Rollefstad@asc.ca
Senior Evaluation Engineer

Ramsey Yuen, P.Eng.
403-297-2414
Ramsey.Yuen@asc.ca
Evaluation Engineer 

Richard Bush, C.E.T.
403-592-3056
Richard.Bush@asc.ca
Analyst