Financial Highlights Q3 2019

THREE MONTHS ENDED SEPTEMBER 30
  2019 2018

Operating

Daily average gas delivered and sold (MMscfd) 63.4 43.6
Industrial 15.1 10.8
Power 48.3 32.8
THREE MONTHS ENDED SEPTEMBER 30
  2019 2018

Average Price ($/mcf)

  Industrial 7.84 9.32
Power 3.48 3.78
Weighted Average 4.52 5.12
Operating netback ($/mcf) 2.50 2.38
THREE MONTHS ENDED SEPTEMBER 30
  2019 2018

Financial ($000's unless sated otherwise)

Revenue 21,453 15,124
Net cash flows from operating activities
   per share - basic and diluted ($)
7,568
0.22
10,483
0.30
Net income
  attributable to shareholders
  per share - basic and diluted ($)
2,591
0.07
2,673
0.07
Adjusted funds flow from operations
  per share - basic and diluted ($)
10,153
0.29
5,130
0.15
Capital expenditures (excluding transfers) 652 1,354

($000's unless sated otherwise)

As at September 30, 2019

As at December 31, 2018

Working Capital (including cash) 93,280 84,182
Cash 66,198 64,660
Investments in short term bonds 76,529 66,837
Long-term loan 54,033 53,900
Outstanding shares (000's)
  Class A
  Class B

1,750
32,599

1,750
33,506
Total shares outstanding (000's) 34,349 35,256
Weighted average Class A
and Class B shares
35,141 35,256