OPTI Canada is doing its best to optimize the value of Canadian oil sands. OPTI Canada Inc. uses its OrCrude technology to upgrade bitumen without natural gas, providing a more cost-efficient method of processing. Combined with other processes, the technology is expected to produce high-quality synthetic crude from oil sands. OPTI Canada is in a joint venture with energy company Nexen to develop the Long Lake Project in the Athabasca oil sands area of Alberta. The project is the first to integrate in-situ bitumen recovery with on-site upgrading. OPTI Canada owns about 1.5 billion barrels of synthetic crude (primarily premium sweet crude having a low-sulfur content) expected to be produced annually by the project.

Warren Resources, Inc., an independent energy company, engages in the exploration and development of onshore oil and gas reserves in the United States. Warren Resources, Inc. primarily develops coalbed methane and natural gas properties located in the Rocky Mountain region; and waterflood oil recovery programs in the Wilmington field within the Los Angeles Basin of California. As of December 31, 2009, Warren Resources owned natural gas and oil leasehold interests in approximately 160,053 gross acres; had estimated net proved reserves of 124 billion cubic feet equivalent of natural gas; and had interests in 449 gross producing wells. Warren Resources, Inc. was founded in 1990 and is based in New York, New York.

Alon Brands is gaining some independence, but it won't be going it alone in its new venture. Trading on the 7-Eleven and FINA brands, Alon Brands operates convenience stores and, through its wholesale marketing segment, provides motor fuels, supplies, and services to distributors in the southern US. The company is the largest 7-Eleven licensee in the US, with more than 300 convenience stores located in Texas and New Mexico. Alon Brands is also the sole licensee of the FINA brand for motor fuels in the South Central and Southwestern US. Alon USA Energy formed Alon Brands in 2008 as a holding company for its retail and wholesale marketing segments, with the intention of spinning the company off in an IPO.

Vero Energy Inc. is a Calgary based, growth oriented company engaged in the exploration, development and production of natural gas, natural gas liquids and oil in Western Canada. Since its inception in November of 2005, Vero has achieved significant growth in: production and production per share; cash flow and cash flow per share; reserves and reserves per share. Vero is committed to growing mainly through the drill bit, but also explores prudent acquisition opportunities that are a strategic fit. Vero has a solid land base of over 149,000 net undeveloped acres and over 280 drilling locations. Vero Energy Inc. produces more than 8,000 boe/d (barrels of oil equivalent per day), with natural gas products constituting about 80% of total production. Vero Energy Inc. has more than 175,000 acres of undeveloped land and about 245 drilling locations, but its core operations are located in Edson, where it controls about 32,000 acres; it also has major operations in Corbett. Vero Energy Inc. was founded in 2005.

YPF Sociedad Anonima engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG) in Argentina. The company also involves in the refining, marketing, transportation, and distribution of oil and a range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. As of December 31, 2008, its crude oil transportation network included approximately 2,700 kilometers of crude oil pipelines with approximately 640,000 barrels of aggregate daily transportation capacity of refined products; crude oil tankage of approximately 7 million barrels; and terminal facilities at 5 Argentine ports. In addition, it participates in 3 power stations with an aggregate installed capacity of 1,622 megawatts; and engages in gas separation and natural gas distribution businesses. As of December 31, 2008, its automotive petroleum products’ retail distribution network consisted of 1,642 YPF-branded service stations. The company was founded in 1977 and is based in Buenos Aires, Argentina. YPF Sociedad Anonima is a subsidiary of Repsol YPF, S.A.

Sinopec Zhenhai Refining & Chemical Company (hereinafter is abbreviated as ZRCC) is one of the flagship enterprises affiliated to Sinopec. With Zhejiang Refinery as its predecessor that dates back to 1975, the Company was restructured into Zhenhai Refining & Chemical Co., Ltd. and became listed on Hong Kong Stock Exchange in 1994. Responding to the integrated strategic plan of Sinopec, Zhenhai Refining & Chemical Co., Ltd. revoked its listing position in March, 2006 and in September of the same year, incorporated the Sinopec Zhenhai Refining & Chemical Company. Over the past thirty four years, following a philosophy of “Grow in Harmony, Share the Future”, taking the good opportunity of developing costal refineries and making full use of the favorable geographic location of Ningbo, Zhejiang province and the developed market in East China area, ZRCC has been maintaining a sound growth momentum through constant pioneering, progressing, reforming and innovating, making it grow into the largest refinery in China out of a small refinery of 2.5 million tpa.

PetroBakken Energy is developing its holdings in the Bakken oil shale play in southeast Saskatchewan. Formerly an oil and gas explorer and producer in Alberta and Saskatchewan, in 2009 PetroBakken Energy Ltd. (as TriStar Oil and gas) combined with the Canadian business unit of Petrobank Energy and Resources to form PetroBakken Energy, solely focused on the Bakken Shale play. PetroBakken Energy has estimated proved plus probable reserves of 127 million barrels of oil equivalent, and produces about 37,000 barrels per day. Petrobank Energy controls about two-thirds of the company. In 2010 PetroBakken Energy agreed to buy Canadian junior oil and gas firms Berens Energy for $319 million and Result Energy for $480 million.

Petroleum Geo-Services sends shockwaves around the world. Petroleum Geo-Services ASA provides seismic data and other oil and gas data services to customers operating mainly in the North Sea and Gulf of Mexico. Geophysical services include acquiring and processing 2-D, 3-D, and 4-D seismic data, 4-D reservoir imaging, and reservoir characterization studies. Petroleum Geo-Services operates 15 seismic vessels, and 23 seismic data processing centers. To raise cash to invest in its core offshore business, in 2009 Petroleum Geo-Services sold its onshore seismic data acquisition business to leading US seismic firm Geokinetics for $184 million, and a 12% stake in the company. PGS has offices in over 25 countries with regional centers in London, Houston and Singapore. Our headquarters is in Oslo, Norway and the PGS share is listed on the Oslo stock exchange (OSE:PGS).

Southern name, Western beat. SC Fuels (formerly Southern Counties Oil) is the oldest and largest wholesale distributor of gasoline, diesel fuel, and lubricants to more than 35,000 customers in the western US. SC Fuels delivers fuel and lubricants to commercial accounts in varied industries in Northern and Southern California. Clients include Costco and Albertsons. Through SC Fuels Pacific Northwest Energy subsidiary, SC Fuels provides heating oils, propane delivery, and heating and air conditioning repair services to residential, construction, industrial, and fleet operating customers in Washington state.

CNOOC Limited was founded in 1982 and is headquartered in Central, Hong Kong.CNOOC Limited, together with its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products in offshore China. The company's oil and gas properties are located in offshore China, which include Bohai Bay, western south China Sea, eastern south China Sea, and east China Sea, as well as in Indonesia, Australia, and Africa. As of December 31, 2008, it had net proved reserves of 2.6 billion barrels of oil equivalent.CNOOC Limited operates as a subsidiary of China National Offshore Oil Corporation.

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