Garrington, Alberta

• Current production of  1,200 Boepd ( 75% light crude oil)
• 43 net sections of Cardium rights (majority  80 – 100% WI)
• over 150 locations identified for Cardium A sand
• Industry activity in Garrington:
  •      3 Horizontal Cardium A wells in 2008
  •    23 Horizontal Cardium A wells in 2009
  •      2 Horizontal Cardium B wells in 2009
  •    15 Horizontal Cardium A wells in Q1, 2010
• Midway activity in Garrington:
  • 3 Horizontal Cardium A wells in Q4 2009
  • 4 Horizontal Cardium A wells in Q1 2010
  • 8 Additional wells planned for balance of 2010
• Ownership of key oil and natural gas infrastructure