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Volume 26, Winter 2011 (North America)

FEATURE ARTICLE: 5^th International Operations Excellence Conference: February 29 & March 1, 2012 Houston

The 5^th World Operations Conference will be held on February 29/March 1, 2012 in Houston. This unique gathering of senior operations executives and managers will focus on:

• Day 1 - Maintenance & Integrity, in a post-Macondo operating environment

• Day 2 - Choice of Offshore or Onshore stream

For more information, please contact Conference Coordinator, Jenny Jackson, at jennifer.jackson@ziffenergy.com, 1–403–234–4297, or visit our website www.ziffenergy.com.

"Early Bird" Registration ends December 31, 2011.

Ziff Energy Group Launches 7^th Permian Basin Benchmarking Study to Combat Soaring Operating Costs in the Largest Onshore U.S. Oil Producing Basin

• The Permian Basin remains the largest onshore US producing region, and with low natural gas prices, production in the basin is on the rise. Ziff Energy Group has launched the firm’s 7^th Permian Basin Improving Field Productivity benchmarking study to evaluate operating cost trends in fields in the large oil and gas basin in West Texas and Southeastern New Mexico. Leading operators, who collectively produce 40% of the basins oil & gas (including 4 of the top 5 operators in the basin) are providing data on their fields in the basin.

18^th Edition “Improving Field Performance” Study Indicates Surge in Cost of Oil Production in Western Canada

• This year’s study results revealed improved year over year production efficiency improvement for several clients. Overall, however, significant opportunities remain for operators to improve uptime performance, increasing production volumes and cash flow.

Ziff Energy Assessing Operations Performance of Gas Plants in North America

• Many plays (especially conventional) are mature and in decline. With low gas prices, gas plant operators are under pressure to be efficient and prove it. Ziff Energy’s 2011 Western Canada Sedimentary Basin Improving Field Performance study includes a performance assessment for 15 gas plants, half of which process sour gas. Our study helps the gas plant operator identify which cost areas offer the greatest potential for reduction and meaningful savings, and whether their plant’s downtime is excessive relative to peers.