Monetizing assets by creating a master limited partnership (MLP) is a tried-and-true approach to unlocking the economic value of appropriate upstream and midstream assets. Yet some operators do not have a conventional-producing asset profile that fits the MLP structure. What about the horizontal driller with a large inventory of infill locations? Or the South Texas conventional producer with vast Eagle Ford potential?

In comes the Canadian Energy Trust. This emerging investment vehicle with its flexible criteria, flow-through tax benefits and 2P (proved and probable) market valuation provides a monetization alternative ...