<?xml version="1.0" ?>
<!-- 185601_20120404OON.xml -->
<PublicOfferingNotice xmlns="http://tempuri.org/PON.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://tempuri.org/PON.xsd PON.xsd">
<MineralType>OIL SANDS</MineralType>
<SaleDate>2012-04-04</SaleDate>
<!-- LEASE SCHEDULE -->
<Schedule>
<ContractType>LEASE</ContractType>
<Region>
<Name>PEACE RIVER OS</Name>
<Contract>
<ContractNo>L0306</ContractNo>
<Hectares>1536</Hectares>
<RestrictionCodeApplies>GZR003101</RestrictionCodeApplies>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>52008601</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52008602</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52008603</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52008604</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52008605</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52008606</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>OIL SANDS</Substance>
<Qualifier>BELOW THE TOP OF THE</Qualifier>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDCode>40</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>PEKISKO FM</ZoneName>
<DRRZDCode>174</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
</Region>
</Schedule>
<DeeperRightsReversionZoneDesignations>
<!-- Deeper Rights Reversion Zone Designations -->
<DRRZD>
<DRRZDCode>40</DRRZDCode>
<DRRZDZone>
<ZoneCode>2280</ZoneCode>
<ZoneName>PEACE RIVER FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/07-09-076-08W6/0</WellID>
<DRRZDInterval>
<From>3760</From>
<To>4008</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>BOREHOLE COMPENSATED SONIC</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>174</DRRZDCode>
<DRRZDZone>
<ZoneCode>6420</ZoneCode>
<ZoneName>PEKISKO FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/10-27-067-22W5/0</WellID>
<DRRZDInterval>
<From>6468</From>
<To>6654</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>ELECTRICAL</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
</DeeperRightsReversionZoneDesignations>
<AddendaAndContacts>
<!-- Applicable Addenda And Contacts -->
<RestrictionDetail>
<RestrictionCode>GZR003101</RestrictionCode>
<AppliesTo>
<ContractType>LEASE</ContractType>
<ContractNo>L0306</ContractNo>
<RestrictionLandDescription>
<RestrictionLand>
<LandKey>52008601</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</RestrictionLand>
</RestrictionLandDescription>

</AppliesTo>
<RestrictionDescription>
IS/ARE WITHIN A GRAZING RESERVE.

</RestrictionDescription>
<SurfaceAccess>
SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS
</SurfaceAccess>
<Contact>
<ContactName>CAMILLE DUCHARME</ContactName>
<ContactTitle>RANGELAND AGROLOGIST</ContactTitle>
<ContactTitle>PEACE RIVER OFFICE - LAND USE AREA- LANDS DIVISION DEPT. OF SUSTAINABLE RESOURCE DEV</ContactTitle>
<ContactAddressLine>9621 96 AVE FLOOR MAIN</ContactAddressLine>
<ContactCityTownVillageName>PEACE RIVER</ContactCityTownVillageName>
<ContactProvinceStateName>AB</ContactProvinceStateName>
<ContactPostalCode>T8S 1T4</ContactPostalCode>
<ContactTelephone>
<AreaCode>780</AreaCode>
<Prefix>624</Prefix>
<Suffix>6116</Suffix>
</ContactTelephone>
</Contact>
</RestrictionDetail>
</AddendaAndContacts>
</PublicOfferingNotice>

