SaskEnergy Third Quarter Report - December 31, 2022

Notes to the Consolidated Financial Statements (unaudited)

13.

NATURAL GAS SALES AND PURCHASES

2021 For the Three Months Ended December 31,

Asset 2022

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

NATURAL GAS SALES Natural gas sales to

$

122

-

$

$

122

commodity customers Realized on natural gas derivative instruments

$

82

$

-

$

82

-

75

75

-

59

59

Change in fair value of natural gas derivative instruments

-

13 88

13

-

11 70

11

122

210

82

152

NATURAL GAS PURCHASES Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

(99)

(68)

(167)

(72)

(57)

(129)

(53)

(13) (81)

(66)

(26) (98) (16)

(7)

(33)

(152)

(233)

(64)

(162)

$

(30)

$

7

$

(23)

$

$

6

$

(10)

2021 For the Nine Months Ended December 31,

Asset 2022

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

NATURAL GAS SALES Natural gas sales to

168

$

$

-

$

168

commodity customers Realized on natural gas derivative instruments

$

111

$

-

$

111

-

295

295

-

141

141

Change in fair value of natural gas derivative instruments

-

29

29

-

(5)

(5)

168

324

492

111

136

247

NATURAL GAS PURCHASES Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

(136)

(267)

(403)

(99)

(134)

(233)

(37)

(30)

(67)

28

7

35

(173)

(297)

(470)

(71)

(127)

(198)

$

(5)

$

27

$

22

$

40

$

9

$

49

30

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