The Alberta Energy Regulator (AER)
is the single provincial regulator for
oil, natural gas, oil sands, and coaldevelopment in Alberta.

2014/15
Annual Report Executive Summary

The AER provides for the safe, efficient,orderly, and environmentally responsible
development of energy resources. This
includes allocating and conserving water,
managing public lands, and protecting
the environment, while securing economic
benefits for all Albertans.

For more information see the full annual report atwww.annual-report.aer.ca.

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ABOUT THE ALBERTA
ENERGY REGULATORThe Alberta Energy Regulator (AER) is the
single provincial regulator for oil, natural gas,oil sands, and coal development in Alberta.
We ensure the safe, efficient, orderly, and environmentally responsible development of theseenergy resources. This includes allocating andconserving water, managing public lands, andprotecting the environment, while securing
economic benefits for all Albertans.
To ensure that energy resource development issafe, environmentally responsible, and closely
managed, the Government of Alberta (GoA)
has granted the AER authority to• review and make decisions on proposedenergy developments (over 40 000 applications each year),• oversee all aspects of energy resource
activities in accordance with government
policies,• regularly inspect energy activities to ensurethat all applicable requirements are met,
• take enforcement action in response tocompanies that fail to comply with AER
requirements, and• hold hearings on proposed energy
developments.
Supporting all of this work are 1200 technicalstaff, scientists, inspectors, investigators,
stakeholder engagement specialists, lawyers,
regulatory experts, and other employees
working from 15 locations stretching from
Medicine Hat in the south to High Level in
the north.

Alberta’s Single
Energy Regulator
The AER was created in 2013 upon proclamation of the Responsible Energy Development
Act, which dissolved the Energy Resources
Conservation Board. We then took on additional regulatory functions related to energy
development from Alberta Environment andSustainable Resource Development, now
Alberta Environment and Parks.
The AER ensures that Alberta’s resource
policy development, public consultations, andenergy regulation are efficient and competitive
while supporting public safety, environmental
management, and resource conservation
objectives. We are just one part of Alberta’s
Integrated Resource Management System(IRMS). This Government of Alberta initiative
considers the combined effects of existing andfuture development and is designed to achieveenvironmental, economic, and social outcomesfrom resource development. IRMS includes• the GoA, which sets policy as it relates toenergy development in the province;• the AER, which implements government
policy through regulatory operations;• the Alberta Environmental Monitoring,
Evaluation and Reporting Agency, which
provides data and information;• the Aboriginal Consultation Office, which
manages First Nations consultation on
behalf of the GoA; and• the Policy Management Office, which acts as
the main interface between government andthe AER.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

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YEAR IN REVIEWOur Second Year

2014/15 Highlights

Our first full year was largely focused on thecomplex task of merging the functions of
three regulatory bodies into one—a challenge
considering that all energy regulation activities
in the province had to continue throughout
the transition. We also developed our 2014–17
strategic plan, a road map designed to help
us arrive at our vision by focusing on ourfour priorities of being protective, effective,
efficient, and credible.

The AER reached a number of milestones overthe past 12 months, moving us toward achieving
the goals in our strategic plan and fulfilling ourmandate to ensure the safe, efficient, orderly,
and environmentally responsible developmentof Alberta’s oil, natural gas, oil sands, andcoal resources.

Once we completed our transition to becoming Alberta’s single regulator at the end of
March 2014, we turned our attention to theeven greater challenge of transforming the
AER into a regulator that is truly best in class.

We launched the Best-in-Class
Project to help identify the
key attributes of a world-class
regulator, understand how the
AER can adopt these attributes,
and measure our progress.

YEAR IN REVIEWThe AER unveiled our Compliance Dashboard,which not only provides daily updates on
incidents reported to the regulator, but also
includes updates on ongoing investigations
and enforcement actions.
We completed our comprehensive audit ofPlains Midstream Canada’s pipeline operations,reviewing all aspects of Plains’s operations anddirecting the company to make improvements
in a number of areas to ensure it complies with
AER requirements.
The AER worked with Albertans and companies to resolve energy-related disputes in apositive way through our alternative dispute
resolution (ADR) process. On at least 20
occasions, formal concerns about applications
were withdrawn due to agreements reachedthrough the ADR process.
We took swift action in response to several
seismic events in the Fox Creek area, and wecontinue to explore any links between these
events and hydraulic fracturing. While these
events posed no threat to the public or theenvironment, the AER responded quickly

3

by issuing an order directing companies tomonitor and report seismic activity in theFox Creek area.
The AER continued to address concerns
about odours and emissions from heavy
oil production facilities in the Peace Riverregion by strengthening requirements andcarrying out a series of intensive inspections
that we refer to as “compliance sweeps.”
Since we started this program in June 2014,
we completed 742 inspections related to
the Peace River proceeding, 729 of which
demonstrated that companies were complying
with our regulations. When companies failed
to comply with our requirements, we acted
quickly, shutting in sites when needed. We
will continue to monitor industry compliancein this area.
We focused on efficiency by reducing duplication and finding new ways to conduct our work
while ensuring we continue to protect public
safety and the environment. Such efforts haveresulted in more than $270 million in annual
cost savings for operators.
We strengthened our relations at home
and abroad by working in partnership with

We completed 742 inspections
related to the Peace River
proceeding, 729 of which
demonstrated that companies werecomplying with our regulations.
other jurisdictions such as the Northwest
Territories, British Columbia, and Mexico;
we formed a new agreement with the Dutch
environmental organization Deltares, which
will provide expertise on environmental
protection and water management. At thesame time, we have promoted collaborationand knowledge sharing among western
Canadian regulators with the launch of
the Western Regulators’ Forum.
We launched the Best-in-Class Project to help
identify the key attributes of a world-class
regulator, understand how the AER can adopt
these attributes, and measure our progress.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

4» Our Priorities

PROTECTIVE
Regulating a world-class energy resource is ahuge responsibility. This is why the first priorityof our strategic plan is to be protective—we
protect the public and the environment by
undertaking regulatory projects that deliver
measurable results in environmental performance, increase our ability to ensure public
safety, and help us reduce cumulative effects.

What We Accomplished
Reclamation Certificate
We completed our first reclamation certificate
inquiry at the site of a former coal mine westof Edmonton. This involved verifying that thecompany completed the required work andexamining all vegetation on the land fromtrees to grasses and wetland plants. The
AER requires that the land will be able tosupport the various uses that existed before
the project began.

Air Emissions
Last year, the AER changed the requirements
in Directive 060: Upstream Petroleum Industry
Flaring, Incinerating, and Venting to prohibit
odours and releases from travelling off oil andgas development sites, in addition to requiring
gas conservation, even in cases where it might
not be economical to do so. These changes
give the AER additional enforcement authority
to ensure that all our requirements are met.

STRATEGIC PLAN

Flaring and venting limits for 2014 were within
the province’s Alberta Ambient Air Quality
Objectives and Guidelines of 670 cubic metres
per year.

Action in Peace River
Between June 2014 and February 2015, teamsof AER inspectors conducted 742 inspectionsof oil and gas facilities to make sure companies
in the Peace River region were complying with
Directive 060. Of those inspections, 729 sites
were in compliance. We acted quickly whencompanies failed to comply with our requirements, shutting in sites when needed.

Plains Midstream Audit
In August 2013, following a number of pipeline
incidents and other compliance problems,
the AER conducted a thorough audit of Plains
Midstream Canada’s pipeline operations undera section 22 order of the Oil and Gas Conservation Act. The audit examined all aspects of
Plains’s operations, and the AER directed thecompany to make improvements in a numberof areas in order to ensure compliance with
AER requirements. The AER will continue tofocus on the company’s operations.

Play-based Regulation Pilot
Play-based regulation is a system the AER
plans to use to address changes in the intensity
and scale of oil and gas development that
result from the use of new technologies,
such as multistage hydraulic fracturing.

5

Develop an integrated wholesystem regulatory approach
STR ATEGIC OUTCOME

Over the past 12 months, the AER has carriedout a play-based regulation pilot project in
the Fox Creek area where we have accepted
single-project applications for multiple
energy development activities. Applicants
were required to engage stakeholders forthe entire project plan instead of for eachindividual well, as is the case in the traditional
regulatory system. Discussing the plan for theentire project allows local residents to get abetter picture of a project’s impacts. This pilot
project has allowed the AER to test ways tomitigate cumulative effects.

and new tailings ponds and focuses on
progressive reclamation.
The AER is responsible for applying thisgovernment policy by drafting and enforcing
new regulatory requirements.
We expect to have new requirements by theend of 2015. During this transition period,
operators are expected to continue to proactively manage fluid tailings volumes, as they
have been doing for several years.

Dam Safety Inspection Program

What’s Next
Tailings Management
This past March, the Government of Alberta
released a new policy to provide direction for
managing fluid tailings volumes during mining
operations and long after activities cease. The
Tailings Management Framework represents
an evolution in how industry, the AER, andgovernment manage the risks of both existingThis past March, the Auditor General ofAlberta released an audit of Alberta Environment and Parks’s management of theprovince’s Dam Safety Program. In 2014, theAER accepted responsibility for the regulationof all dams related to development of Alberta’s
energy resources, 65 in total. By the endof October 2015, we expect to complete athorough inspection program to ensure theintegrity of all AER-regulated dams.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

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SHINING A LIGHT ON INDUSTRY COMPLIANCE

STRATEGIC PLAN

7

As part of our work in becoming a best-in-class regulator, the AER needs to do morethan ensure that appropriate requirements are in place: we need to communicate how
we are enforcing those requirements in a way that will make Albertans feel confident
in our ability as an energy regulator.
The AER’s new Compliance Dashboard, unveiled in February 2015, gives Albertans abetter picture of how we regulate oil and gas development and enforce our requirements. Found at www.aer.ca, the dashboard includes information on• incidents, including those reported through the incident reporting tool since its
launch in June 2013;• investigations, including those transferred from Alberta Environment and Parks,
and any investigation closed as of July 2014; and• compliance activities and enforcement actions that go back to July 2014.
As described by our president and chief executive officer, Jim Ellis, “We wanted thisinformation online—easy to access, easy to read, easy to search. It’s a spotlight, notjust on industry, but on the AER as well.”
The AER historically has made such information available through the Freedom ofInformation and Protection of Privacy Act (FOIPPA) process. We wanted to make thatsame information available more broadly to the public without requiring Albertans toengage FOIPPA.
The AER conducts thousands of compliance activities each year. For example,
we follow up with companies when they fail to conduct instrument tests on aregular basis, accurately measure flare gas volumes, or engage local authorities
for planning purposes.
The dashboard highlights the noncompliances that have the potential to impact
public safety, the environment, and resource conservation.
The AER continuously strives to improve public reporting to ensure transparency
and ease of use. In that spirit, the Compliance Dashboard improves on (and replaces)
the AER publication ST108: AER Monthly Action Summary and the online incidentreporting tool.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

8» Our Priorities

EFFECTIVE
The AER regulates development in a waythat reduces risks and ensures that Albertans
reap the economic rewards of our energy
resources. We know we must effectively
manage the oil, natural gas, oil sands, andcoal on behalf of Albertans, who are theowners of these resources.
To become a more effective regulator, theAER will continue to put into action our riskbased approach—where activities with thehighest risks receive the greatest attention—
by focusing on projects that• reduce risks to public safety and theenvironment,• limit the financial risks to Albertans,• effectively manage resource conservation,and• improve industry performance.

are safe and secure. The IWCP is addressing
the backlog of inactive noncompliant wells
in Alberta by requiring companies to bring
20 per cent of these into compliance with
Directive 013: Suspension Requirements for
Wells each year.
We started by addressing high-risk wells—ones
that are close to where people live or work, areleaking, or contain a hazardous substance (forexample, hydrogen sulphide gas)—and by theend of April 2015, we reduced these by 96 per
cent, putting us well on our way to reaching
our strategic-plan target of 100 per cent by
2017. The AER will also require companies toprevent the growth of noncompliant inactive
wells to ensure that all inactive wells meet therequirements and timeframes of Directive 013.

Pipeline Safety Recommendations

What We Accomplished
Inactive Well Compliance Program
Alberta has a large number of inactive
wells—ones that have been suspended andare no longer producing. Although not all
inactive wells are considered a risk to public
safety or the environment, the AER launched
the Inactive Well Compliance Program (IWCP)
in July 2014 to ensure that all inactive wells

STRATEGIC PLAN

Pipeline safety is a top concern for Albertans,and we constantly work to reduce pipeline
incidents across the province through inspections, investigations, audits, and education. In
the March 2015 report of the Auditor Generalof Alberta, the pipeline safety audit found that
the AER has well-functioning pipeline regulations. This audit made six recommendations
for improvement, which we have accepted to
improve pipeline safety in Alberta.

Image courtesy of
Cenovus Energy Inc.

9

Strengthen riskbased regulation
STR ATEGIC OUTCOME

What’s Next
Reservoir Containment Project
Our Reservoir Containment Project will
establish formal requirements for reservoir
containment in areas where thermal—theprocess of injecting steam into undergroundoil sands reservoirs to heat bitumen, separate
it from the sand, and allow it to be produced—
projects occur at shallow depths.
The AER is currently reviewing our shallow
thermal development approval criteria and has
deferred decisions related to applications fromfive companies. Once the criteria are established, the AER will reassess the applications.

Protecting Albertansfrom Abandonment andReclamation Costs
In 2014, the AER updated our Licensee Liability
Rating (LLR) program, which protects Albertans from the cost to abandon and reclaim
upstream oil and gas wells, facilities, pipelines,

and their associated sites. Implemented in athree-phased approach, changes were introduced to address concerns that the previous
LLR program greatly underestimated the costof abandonment and reclamation liabilities.
Each phase of the changes required somecompanies to pay financial security. However,when it came time to implement the final
phase of changes, it became apparent thatsome companies would not have the means
to pay the additional security, especially given
the climate of low oil prices.
We delayed this final phase by three months
to give companies—particularly small companies—time to assess their options to comply
with changes to the LLR program, enhancing
their ability to remain financially viable.
Financially viable companies are less likely
to fail and create orphan wells, facilities, andpipelines, which the industry-funded Orphan
Well Association (OWA) then pays to abandon
and reclaim.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

10» Environment Matters – Meet Our

Chief Environmental Scientist

Monique Dubé, Ph.D.
Chief Environmental Scientist

STRATEGIC PLAN

11

With the launch of the AER, we were given
an expanded mandate to protect the environment. That, in addition to the feedback from
Albertans expecting strong environmental
performance from industry and the regulator,
prompted us to hire an expert to help us fulfill
these commitments.
Dr. Monique Dubé, with her 25 years ofacademic, regulatory, industry, and consulting
experience, joined the AER in 2014 to become
our first chief environmental scientist and help
drive our promise of enhancing industry’s
environmental performance.
We spoke to Dr. Dubé to learn more about why
she chose to be the first person in this role,
what her vision for the role is, and to find out
how she plans to help us support our environmental mandate and responsibilities.
Q Why did you choose the AER?
I’ve intentionally worked in diverse areas ofenvironment—in academia, government, andindustry and with First Nations—because
experiencing alternative perspectives is apriority for me. When the chance to work at
the AER arose, especially with its expanded
environmental mandate, I saw it as anopportunity to apply my appreciation ofdiverse perspectives to improving the balance
between energy resource development andenvironmental protection in Alberta.
Q What is the role of the chief environmental
scientist?
My role is to provide strategic oversight to
the AER that will improve industry’s environmental performance. I do this by ensuring that
there’s awareness of environmental issues
facing the energy sector and that environmental issues are represented as part of thebalanced conversation.

Q How will your work improve industry’s
environmental performance?
The key to success is linking industry performance with environmental performance—you
cannot have one without the other and expect
positive results. As chief environmental
scientist, I have established four key outcomesto help achieve this balance:
1. monitor and report on environmental
performance,
2. be responsive and adaptive with environmental management,
3. increase cooperation and alignment acrossthe AER for environment, and
4. be recognized for our environmental
expertise.
Q What do you see your challenges andpriorities being for 2015?
Being new to the organization is one of mychallenges. However, I’ve invested significant
time over the past eight months speaking
with staff and identifying opportunities thatwill move the AER’s environmental agenda
forward in 2015 in the four key outcome
areas I just mentioned. I’m pleased to saythat work has already begun to clarify the
AER’s environmental mandate, establish the
AER’s environmental communities of practice,and form strategic working groups with key
government agencies. The other challenge will
be to remain focused on these four outcome
areas to deliver measurable progress in aconstantly evolving industry and environment.
The AER is committed to enhancing environmental performance and protecting
what matters most to Albertans: land, water,
air, and biodiversity. Our studies show that
Albertans feel some progress has been made(45 per cent of those surveyed expressed thatenvironmental performance has improved
over the past two years), but we know there’s
more work to be done and we’re committed todelivering on this important priority.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

12» Our Priorities

EFFICIENT
One of the Government of Alberta’s main
goals in creating the AER was to improve
Alberta’s competitive advantage and to builda climate that attracts investment. One way toaccomplish this is to make Alberta’s regulatory
system as efficient as possible while continuing to enhance our regulatory system andensure that our requirements protect public
safety and the environment.
Our focus on efficiency is not just about saving
money but rather reducing duplication andfinding new approaches to regulatory oversight. This has included• eliminating requirements that don’t contribute to our mandate or became redundantwith the creation of the AER,
• shifting our focus to outcome-based
requirements from prescriptive ones, and• upholding our mandate of safeguarding the
public and the environment.

What We Accomplished
Regulatory Certainty
Last year the AER announced faster processing
times for well applications that fall under the
Public Lands Act. Implemented in September
2014, these new timelines range from five business days for temporary field authorizations
to 90 business days for more complex applications. The initial results were better than
expected: all major projects were processed

STRATEGIC PLAN

within the 90-day timeframe and averaged 62
days, while new oil and gas applications were
processed within their 60-day target, averaging 30 days. We reached our targets during
the 2014/15 winter drilling season, meeting theturnaround time for applications 97 per cent of
the time.

Finding Efficiencies: Focusing on
the Right Priorities
Over the past year, the AER has been finding
new ways to eliminate outdated requirements
and changing our internal processes to improve
our day-to-day work. We’ve done this while
ensuring that our commitment to safeguard
public safety and the environment is top priority.
So why the focus on efficiency? In today’s
economic environment, we must make themost of our resources by focusing efforts onwhat matters most: the safe, efficient, andenvironmentally responsible developmentof Alberta’s energy resources. While wesurpassed our $60 million target, reaching$270 million in regulatory cost reductions in
our first year, our focus is not on the money
saved. Rather, our focus is on reducing
duplication in our current requirements,
while creating new requirements to meet thechallenges posed by new technologies. In the
coming year, we will be introducing tougher
rules for flaring, venting, and managing tailingsand cumulative effects.

13Transform Alberta’s
energy regulatory system
to improve efficiency
STR ATEGIC OUTCOME

What’s Next
One Application, One Review,
One Decision: A New Approachto Development
Today, companies may submit 10–30
applications for a single-well development,
which means landowners and other stakeholders must review 10–30 applications. By
reducing that number to one comprehensive
application, we will provide Albertans witha better picture about what is proposed intheir communities.

concerns will continue to have the ability to filea statement of concern with the AER. In fact,with all of the information available throughthis process, it will be easier to identify concerns
associated with a particular project.

Single Review
Once we receive the single application,
our technical experts will examine any risks
associated with the project and examine how
the company has engaged with the community, landowners, and First Nations or Métis
impacted by the proposed development.

Single Application

Single Decision

Starting with a few small pilots, we are changing how we approach those many applications.
This means we’ll accept a single application
for multiple activities related to a project thatwould traditionally be applied for individually.

Once we have completed our review, we
will make a single decision. If the application
meets all AER requirements, we can then issue
an approval for the project to proceed. But we
continue to monitor it at every stage, including
when construction starts, while the project is
operating, and when it is ready to close.

The AER already posts every application
we receive on our website, and the single
application will be no different. Those with

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

14» Our Priorities

CREDIBLE
Being known as an organization that is credibleis critical in achieving our vision. However, thiscredibility must be earned.
Albertans have told us they seek an energy
regulator that enforces the rules and protects
the public and the environment; they also
want us to safeguard water and soil, protect
human and animal health, and manage water
usage. We also know that we must tell ourstory of strong regulatory oversight of energy
development and build relationships with our
stakeholders. To achieve this, we must
• report on the results of our work,• be open to discussing issues of concern toour stakeholders,• share information about the work that wedo, and• work toward a common definition of what ismeant by “best in class.”

What We Accomplished
Helping Address Concerns andResolve Disputes
The AER’s alternative dispute resolution (ADR)
process helps Albertans and companies workthrough contentious issues and promotecollaborative solutions that meet the needsof all parties.
In many situations, formal concerns about
applications were withdrawn due to

STRATEGIC PLAN

agreements reached through the ADR process.
Several potential hearings were also avoided
through ADR. During the past year, the ADR
team was involved in 159 cases, of which 88 percent were resolved through mediation.

Western Regulators’ Forum
In 2014, the AER launched the Western Regulators’ Forum, which also includes the National
Energy Board, the BC Oil and Gas Commission,and the Saskatchewan Department of the
Economy. This working partnership aims tostrengthen energy regulation through collaboration that will allow all members to pursue
common priorities and is focusing on flaring,
venting, emissions, wellbore integrity, andpipeline safety.

Open and Transparent
Communication
In an effort to make the AER more open andtransparent, last year we published our firstannual report and companion materials,
enhanced our social media presence, released
a quarterly external newsletter, and provided
media outlets with opportunities like “ridealongs,” editorial boards, and interviews with
our CEO. We also sought Albertan’s opinions.
Public opinion research tells us that mostAlbertans, 77 per cent, expressed confidence
in the regulator’s ability to carry out its mandate,
while awareness of the AER—important
to ensuring that Albertans understandhow oil and gas development is regulated

15

Increase trust andconfidence in how energy
is developed in Alberta
STR ATEGIC OUTCOME

responsibly—increased by nine per cent in2015, with 41 per cent of Albertans respondingthat they are aware of the AER and our role.

Formalizing National andInternational Relationships
Developing relationships and partnerships
with other regulators has also been importantto the AER. Last year, we forged three newpartnerships with our peers, signing memorandums of understanding with Mexico’s energy
regulator, the Government of the Northwest
Territories, and the Dutch water research
institute Deltares.

Best-in-Class Project
Alberta’s oil and gas activities attract
international attention, which means that theregulator operates on the world stage. For thisreason, we need to define what it means to be
best in class, find consensus on what makes ahigh-performing regulator, and know where
we rank in meeting that goal, which is why
we launched the Best-in-Class Project with
the University of Pennsylvania’s Programon Regulation.

Considerable work has gone into the project
this past year and we eagerly anticipate theuniversity’s findings in the summer of 2015.
From these findings, we can define what itmeans to be best in class, and that definition
will then guide our path in the years ahead—
one that our stakeholders helped to choose
and confirm.

What’s Next
Regulatory Diplomacy
We have developed a national/international
strategy, with a key element being to advancethe AER’s credibility through “regulatory
diplomacy,” through which the AER demonstrates national and international leadershipon regulating energy resources.
Through regulatory diplomacy, we will create
strategic alliances with our national and international stakeholders and work to influence,
inform, and elevate provincial, national, andinternational energy regulation practices.

ALBERTA ENERGY REGULATOR 2014/15 Annual Report Executive Summary

16

REFINING OURSTRATEGIC PLAN
The AER is expected to protect what mattersmost—public safety and the environment—
while making sure that Albertans see theeconomic benefits.
This is important work. But to truly reachour vision, we must have a clear strategy,
focus on strategic priorities, and determine
how we will responsibly manage our budget
and staff to deliver results for the AER andour stakeholders.
When we launched the plan in 2014, we knewthat our road map must help us identify our
key priorities and establish clear performancemeasures to ensure that we stay on track anddemonstrate our results. We also knew that
we would amend this road map along the way
to respond to new challenges and risks andto take advantage of new opportunities totransform our organization.
In 2015, we have amended our plan to include
the new activity life-cycle approach, our new
approach to development that involves a single
application, single review, and single decision.
This approach will eventually result in faster
application review times, provide more information on proposed energy development toour stakeholders, and allow us to focus more on
compliance through all stages of development.
We’ve also invested in the training, development, recruitment, and retention of our staff
to ensure we have highly skilled people acrossthe organization to help meet our targets.

REFINING OUR STRATEGIC PLAN

To truly reach our vision, wemust have a clear strategy,
focus on strategic priorities,
and determine how we will
responsibly manage our budget
and staff to deliver results.

At the same time, we’ll continue to respond tovaluable recommendations from the Auditor
General of Alberta on how to improve ourpipeline safety performance and ensure that
Alberta’s dams related to energy resource
development are immediately assessed aspart of our dam safety inspection program.
The AER strategic plan includes our strategic
priorities, strategic outcomes, themes (i.e.,areas of focus), and performance measuresand targets, against which we will monitor our
progress and with which others will measure
our success.

2014–17 Strategic PlanALBERTA ENERGY REGULATORHead Office
Suite 1000, 250 – 5 Street SW
Calgary, Alberta T2P 0R4

www.aer.ca

inquiries
1-855-297-8311@aer_news

inquiries@aer.ca

For more information see the full annual report atwww.annual-report.aer.ca.

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