<html><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px"><div id="yui_3_16_0_1_1422588489214_2452" dir="ltr"><font size="3" id="yui_3_16_0_1_1422588489214_4820"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_4819">Hi folks</span></font></div><div id="yui_3_16_0_1_1422588489214_2452" dir="ltr"><font size="3" id="yui_3_16_0_1_1422588489214_3997"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_3996">Today is the day most North American oil firms finalized their 4th quarter results for 2014 and this reflects the time when oil dropped down 50-60% in price. Here are the results: </span></font></div><div id="yui_3_16_0_1_1422588489214_2452" dir="ltr"><br></div><div id="yui_3_16_0_1_1422588489214_2452"><font size="3" id="yui_3_16_0_1_1422588489214_4300"><font id="yui_3_16_0_1_1422588489214_3739"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_2502">Chevron (CVX) posted a loss of 0.68% to $103.00 a share</span></font></font></div><div id="yui_3_16_0_1_1422588489214_2452"><font size="3" id="yui_3_16_0_1_1422588489214_4517"><font><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class=""> </span></font><a href="http://www.equities.com/editors-desk/stocks/market-movers/chevron-cvx-among-biggest-djia-losers-on-january-29#sthash.qZAhN8iU.dpuf" id="yui_3_16_0_1_1422588489214_2520" style="letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap; background-color: rgb(255, 255, 255);">http://www.equities.com/editors-desk/stocks/market-movers/chevron-cvx-among-biggest-djia-losers-on-january-29#sthash.qZAhN8iU.dpuf</a></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3" id="yui_3_16_0_1_1422588489214_3742"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_2577">Canadian Oil Sands fourth-quarter profit dropped 87% due to lower oil prices</span></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3" id="yui_3_16_0_1_1422588489214_4530"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_4529"> </span></font><a href="http://uk.reuters.com/article/2015/01/29/canada-canadian-oil-results-idUKL1N0V83KJ20150129" id="yui_3_16_0_1_1422588489214_2633" style="font-size: medium; background-color: rgb(255, 255, 255);">http://uk.reuters.com/article/2015/01/29/canada-canadian-oil-results-idUKL1N0V83KJ20150129</a></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3"><br></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3" id="yui_3_16_0_1_1422588489214_3736"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_2669">National Post wrote: Canadian Oil Sands Ltd cuts dividend by 75% amid ‘prolonged period of low prices’ </span></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font id="yui_3_16_0_1_1422588489214_4532"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_4531"> </span></font><a href="http://business.financialpost.com/2015/01/29/canadian-oil-sands-ltd-reduces-dividend-by-86-its-biggest-cut-since-1998/#" id="yui_3_16_0_1_1422588489214_2820" style="font-size: medium; letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap; background-color: rgb(255, 255, 255);">http://business.financialpost.com/2015/01/29/canadian-oil-sands-ltd-reduces-dividend-by-86-its-biggest-cut-since-1998/#</a></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3"><br></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><span class="" id="yui_3_16_0_1_1422588489214_3366"><span class="" id="yui_3_16_0_1_1422588489214_3365"><font color="#292f33" class="" style="" id="yui_3_16_0_1_1422588489214_3364" size="3"><span style="letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_3363">Shells fourth quarter net income fell 57% to US$773 million. Now cutting spending by 15 Billion </span></font></span></span></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><a href="http://business.financialpost.com/2015/01/29/oil-plunge-smokes-shells-profits-and-now-the-energy-giant-is-slashing-spending-by-us15-billion/#" id="yui_3_16_0_1_1422588489214_3367" style="letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap; background-color: rgb(255, 255, 255);"><font size="3" id="yui_3_16_0_1_1422588489214_4299">http://business.financialpost.com/2015/01/29/oil-plunge-smokes-shells-profits-and-now-the-energy-giant-is-slashing-spending-by-us15-billion/#</font></a></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><span class=""><span class=""><font color="#292f33" class="" style="" size="3"><span class=""><br></span></font></span></span></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3" id="yui_3_16_0_1_1422588489214_3733"><span style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;" class="" id="yui_3_16_0_1_1422588489214_3451">ConocoPhillips 59% price drop in adjusted net earnings due to cheap oil. </span></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3" id="yui_3_16_0_1_1422588489214_4298"><a href="http://www.ft.com/intl/fastft/269592/conocophillips-q4" id="yui_3_16_0_1_1422588489214_3597"><font id="yui_3_16_0_1_1422588489214_4023"></font></a><font id="yui_3_16_0_1_1422588489214_4023"><a href="http://www.ft.com/intl/fastft/269592/conocophillips-q4" id="yui_3_16_0_1_1422588489214_4024">http://www.ft.com/intl/fastft/269592/conocophillips-q4</a></font><br></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""><font size="3"><br></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" dir="ltr" style=""><font size="3" id="yui_3_16_0_1_1422588489214_4342"><span class="" style="" id="yui_3_16_0_1_1422588489214_4136"><font class="" style="" id="yui_3_16_0_1_1422588489214_4135">BP </font></span><span style="font-family: Arial, sans-serif; line-height: 20px;" class="" id="yui_3_16_0_1_1422588489214_4167">fourth quarter net income fell 57% </span></font></div><span style="box-sizing: border-box; outline: 0px; font-family: Arial, sans-serif; line-height: 20px;" id="yui_3_16_0_1_1422588489214_4164" class=""><font size="3" id="yui_3_16_0_1_1422588489214_4297"><a href="http://www.stockhouse.com/news/newswire/2015/01/29/hit-by-oil-price-slump,-shell-(rds-b)-slashes-investment-by-$15-billion#4de8bdHvL63WZkru.99" id="yui_3_16_0_1_1422588489214_4162">http://www.stockhouse.com/news/newswire/2015/01/29/hit-by-oil-price-slump,-shell-(rds-b)-slashes-investment-by-$15-billion#4de8bdHvL63WZkru.99</a></font></span><div id="yui_3_16_0_1_1422588489214_2452" class="" dir="ltr" style=""><span class="" style="" id="yui_3_16_0_1_1422588489214_4133"><font size="3" class="" style="" id="yui_3_16_0_1_1422588489214_4132"><br></font></span></div><div id="yui_3_16_0_1_1422588489214_2452" class="" dir="ltr" style=""><span class="" id="yui_3_16_0_1_1422588489214_2931" style=""><font size="3" id="yui_3_16_0_1_1422588489214_3781" class="" style=""><span class="" id="yui_3_16_0_1_1422588489214_2930" style="color: rgb(41, 47, 51); letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;">BP confirms layoffs at Houston office after selling $43 billion in divestments </span><br class="" style=""></font></span></div><div id="yui_3_16_0_1_1422588489214_2452" class="" dir="ltr" style=""><span class="" id="yui_3_16_0_1_1422588489214_3137" style=""><span class="" id="yui_3_16_0_1_1422588489214_3136" style=""><font size="3" id="yui_3_16_0_1_1422588489214_3782" class="" style=""><font color="#292f33" id="yui_3_16_0_1_1422588489214_3135" class="" style=""><span id="yui_3_16_0_1_1422588489214_3134" class="" style="letter-spacing: 0.259999990463257px; line-height: 32px; white-space: pre-wrap;"><a href="http://www.khou.com/story/news/local/2015/01/28/bp-confirms-layoffs-at-houston-office/22491741/" id="yui_3_16_0_1_1422588489214_3131" class="" style="">http://www.khou.com/story/news/local/2015/01/28/bp-confirms-layoffs-at-houston-office/22491741/</a></span></font></font></span></span></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><font size="3"><br></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><font size="3" id="yui_3_16_0_1_1422588489214_4764"><span style="font-family: arial, verdana, 'Lucida Grande', sans-serif; line-height: 22px;" class="" id="yui_3_16_0_1_1422588489214_4692">Imperial Oil Ltd. will announce its results on Monday, Suncor Energy Inc. on Wednesday, Talisman Energy on Feb. 10, and Cenovus and Husky two days later. Canadian Natural Resources Ltd. results are not due till March 11. </span></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><font size="3"><span style="font-family: arial, verdana, 'Lucida Grande', sans-serif; line-height: 22px;" class=""><br></span></font></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><span class="" id="yui_3_16_0_1_1422588489214_4602" style="font-size: medium; color: rgb(41, 47, 51); letter-spacing: 0.280000001192093px; line-height: 34px; white-space: pre-wrap;">Imperial is considering</span><span class="" id="yui_3_16_0_1_1422588489214_4614" style="font-size: medium; color: rgb(41, 47, 51);"> selling off 500 gas stations </span><a href="http://www.ctvnews.ca/business/imperial-oil-evaluating-future-of-its-esso-gas-stations-1.2210445" id="yui_3_16_0_1_1422588489214_2873" class="" style="font-size: medium; background-color: rgb(255, 255, 255);">http://www.ctvnews.ca/business/imperial-oil-evaluating-future-of-its-esso-gas-stations-1.2210445</a><br></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><br></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr">Have a good one</div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr"><br></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style="" dir="ltr">Lulu </div><div class="" id="yui_3_16_0_1_1422588489214_4118" style=""><span class="" id="yui_3_16_0_1_1422588489214_4277" style=""><span class="" id="yui_3_16_0_1_1422588489214_4276" style=""><font size="3" class="" id="yui_3_16_0_1_1422588489214_4275" style=""><font color="#292f33" class="" id="yui_3_16_0_1_1422588489214_4274" style=""><br class="" style=""></font></font></span></span></div><div id="yui_3_16_0_1_1422588489214_2452" class="" style=""> </div></div></body></html>