CSA Securities

Calgary -The Canadian Securities Administrators (CSA) today announced that amendments to National Instrument 51-101 (NI 51-101) Standards of Disclosure for Oil and Gas Activities, its related forms and its companion policy have been enacted. The amendments provide revised standards for the disclosure of resources.

The amendments also modify, and in some instances, streamline annual filing requirements and other requirements of NI 51-101.

“Since it was implemented in September 2003, NI 51-101 has been recognized as providing Canada with one of the finest oil and gas disclosure regimes in the world,” said Jean St-Gelais, Chair of the CSA and President & Chief Executive Officer of the Autorité des marchés financiers (Québec). “Through our review and feedback from the market, we identified areas where the rule could be improved. These amendments address these areas and make NI 51-101 more meaningful and understandable to investors.”

The amended NI 51-101, its forms and its companion policy have been posted to several CSA members’ websites.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

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For more information:

CSA member name

Point of contact

Phone number

Alberta Securities Commission

Mark Dickey

403 297-4481

Autorité des marchés financiers

Frédéric Alberro

514 940-2176

British Columbia Securities Commission

Andrew Poon 

604 899-6880

Financial Services Regulation Division, Newfoundland and Labrador

Doug Connolly

709 729-2594

Manitoba Securities Commission

Ainsley Cunningham

204 945-4733

New Brunswick Securities Commission

Jane Gillies

506 643-7745

Nova Scotia Securities Commission

Nicholas A. Pittas

902 424-6859

Nunavut Securities Registry

Jennifer MacIsaac

867 975-6591

Ontario Securities Commission

Carolyn Shaw-Rimmington

416 593-2361

Prince Edward Island, Department of Attorney General

Marc Gallant

902 368-4552

Saskatchewan Financial Services Commission

Barbara Shourounis

306 787-5842

Securities Registration of the Northwest Territories

Donald MacDougall

867 920-8984

Yukon Securities Registry

Bette Boyd

867 667-5225