PROJECT INFORMATION

Virgo Zama, Alberta
The first well (102/13-22-114-6 W6M) on production has recently averaged 154 barrels per day of fluid, with approximately 20% water cut. (approximately 15.5 bopd net to the Company).

The Virgo-Zama area has been a prolific producer of oil and gas from Devonian Keg River reefs. The prospects are defined by 3D seismic and all proposed wells offset former producers in existing pools.

Wildcat Hills, Alberta
The company has the option to earn a 15% interest in 24 sections of land in the Wildcat Hills/Jumping Pound area northwest of Calgary. Three wells have been drilled to date and are in various stages of completion.