Natural Resources >> Analyst Interviews >> July 27, 2009

Outlook For Canadian E&p Companies – Warren Verbonac – Octagon Capital Corporation

Warren Verbonac, an Energy Analyst with Octagon Capital Corporation, has over 25 years experience in the energy industry and financial markets. He has a B. Comm. degree from the University of Alberta. His experience in the oil industry was acquired at Gulf Canada and Chieftain International. In the financial markets, he has worked both sides of the street - as an analyst at sellside firms including Richardson Greenshields and Loewen, Ondaatje, McCutcheon. His buyside experience was managing resource and utility sector pension funds at Alberta Treasury for almost 10 years. In 2006, he was ranked the number two stock picker in his sector by Starmine and National Post. Profile
TWST: How has business been in the Canadian E&P space so far this year relative

to what you anticipated?

Mr. Verbonac: Relative to what anybody anticipated it's down, although having