Fraser Institute seeking responses to worldwide upstream petroleum survey



    CALGARY, June 15 /CNW/ - The Fraser Institute, Canada's leading
independent research organization, is soliciting responses to its first
international upstream petroleum survey.
    Based on the popular Fraser Institute Survey of Mining Companies, the
Worldwide Upstream Petroleum Survey is designed to help measure and rank the
investment climate of various oil and gas producing regions.
    "The information we get from the companies responding will give us a
clear picture of the jurisdictions that are enacting policies that encourage
oil and gas exploration and the development of an upstream petroleum
industry," said Gerry Angevine, senior economist with The Fraser Institute's
Centre for Energy Policy Studies.
    "And like the Institute's mining survey, we hope it can also be used to
highlight to policymakers the kinds of actions that discourage investment in
the oil and gas sector."
    Information collected in the survey will be used as part of a final study
on the relative attractiveness of various international oil and gas
jurisdictions to be released in November 2007.
    The Institute's Centre for Energy Policy Studies is requesting input from
companies ranging from the world's leading oil and gas firms to junior
companies involved in only a small number of jurisdictions. This broad group
will ensure that the survey results contribute to a meaningful and
comprehensive study.
    "I hope people in the industry take advantage of this opportunity to play
a vital role in a study and add to the knowledge and understanding of one of
the world's most exciting industries," Angevine said.
    Anyone involved in upstream oil and/or gas operations who is interested
in providing comments and opinions regarding the various jurisdictions within
which their organization is investing or thinking of investing, can fill out
an on-line survey at http://www.fraserinstitute.ca/oilsurvey/index.htm
Deadline for responding is July 13, 2007.
    All survey respondents will be entered into a draw for $1,000 (US) and
will also receive a complementary copy of the study once it is complete.

    The Fraser Institute is an independent research and educational
organization based in Canada. Its mission is to measure, study, and
communicate the impact of competitive markets and government intervention on
the welfare of individuals. To protect the Institute's independence, it does
not accept grants from governments or contracts for research. Visit
www.fraserinstitute.ca





For further information:

For further information: Gerry Angevine, Senior Economist, The Fraser
Institute, Centre for Energy Studies, Tel. (403) 216-7175, ext. 224, Email:
gerrya@fraserinstitute.ca; Dean Pelkey, Associate Director of Communications,
The Fraser Institute, Tel: (604) 714-4582, Email deanp@fraserinstitute.ca

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