KAL624) GWYN MORGAN, CEO of ALBERTA ENERGY COMPANY LTD (AOG), describes the company's business and its background; prospects for the industry, with positive and negative trends; competitive threats; strategic opportunities for the firm including its marketing plans and acquisition potential; management strength and organization; and the financial prospects of the firm looking forward.
Alberta Energy Company Limited (AEC) (TSE: AEC) (NYSE: AOG) (Calgary, AB) has initiated an expansion of its Cold Lake crude oil pipeline system with the construction of 235 kilometers of 24 inch steel transmission pipe from the Le Coy area to Hardisty, Alberta.