Investor Presentaiton

Economic structure AB's oil reserves ranked 3rd in the world 2015 global oil reserves, estimated proved reserves (billions bbl) United States Libya 37 48 Russia United Arab Emirates 80 98 Kuwait 104 Iraq 143 Canada Iran Oil sands 158 171 Saudi Arabia Venezuela 0 50 100 150 200 250 269 300 300 350 AB's reserves are massive and open to private investment Sources: U.S. Energy Information Administration, Alberta Energy Regulator Alberta 5

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