Glossary
GLOSSARY OF ABBREVIATIONS

AECO Alberta Energy Company interconnect mcf thousand cubic feet
with the Nova System mcf/day thousand cubic feet per day
Bbls barrels MMBTU million British Thermal Units
bbls/day barrels per day Mmcf million cubic feet
bcf billion cubic feet RLI reserve life index
boe* barrels of oil equivalent TSX Toronto Stock Exchange
boe/day* barrels of oil equivalent per day WTI West Texas Intermediate at Cushing,
Mbbls thousand barrels Oklahoma
Mboe* thousand barrels of oil equivalent * 6 mcf of gas = 1 barrel of oil

 
 
Progress Energy Resources Corp., or "Progress", was formed in January 2009 through the business combination of Progress Energy Trust and ProEx Energy Ltd. Progress's strategy focuses on growing reserves, production and cash flow while paying a dividend to shareholders. Progress trades on the Toronto Stock Exchange under the symbol PRQ.