<?xml version="1.0" ?>
<!-- 31225_20040616POC.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>PETROLEUM AND NATURAL GAS</MineralType>
<SaleDate>2004-06-16</SaleDate>
<!-- LICENCE SCHEDULE -->
<Schedule>
<ContractType>LICENCE</ContractType>
<Region>
<Name>NORTHERN</Name>
<Contract>
<ContractNo>B0544</ContractNo>
<Hectares>3072</Hectares>
<RestrictionCodeApplies>PRA010201</RestrictionCodeApplies>
<Tract>
<TractNo>1</TractNo>
<LandDescription>
<Land>
<LandKey>52005111</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52005114</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>PETROLEUM AND NATURAL GAS</Substance>
<Qualifier>FROM</Qualifier>
<ZoneName>SURFACE</ZoneName>
</Line>
<Line>
<Qualifier>TO</Qualifier>
<ZoneName>BASEMENT</ZoneName>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>2</TractNo>
<LandDescription>
<Land>
<LandKey>51905107</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51905108</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51905119</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52005113</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52005124E</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>VIKING FM</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>BLUESKY-GETHING</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CADOMIN FM</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ROCK CREEK MBR</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>NORDEGG MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ELKTON MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>3</TractNo>
<LandDescription>
<Land>
<LandKey>52005112NE</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CARDIUM FM</ZoneName>
<ZDCode>3527-1-B</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>VIKING FM</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>BLUESKY-GETHING</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CADOMIN FM</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ROCK CREEK MBR</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ELKTON MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>4</TractNo>
<LandDescription>
<Land>
<LandKey>52005101</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52005112S</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52005112NW</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CARDIUM FM</ZoneName>
<ZDCode>3527-1-B</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>BLUESKY-GETHING</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CADOMIN FM</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ROCK CREEK MBR</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ELKTON MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>5</TractNo>
<LandDescription>
<Land>
<LandKey>52005124W</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>VIKING FM</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>BLUESKY-GETHING</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CADOMIN FM</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ROCK CREEK MBR</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ELKTON MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>6</TractNo>
<LandDescription>
<Land>
<LandKey>51905117</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51905118</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>51905120</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>CADOMIN FM</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ROCK CREEK MBR</ZoneName>
<ZDCode>3527-A-2</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>NORDEGG MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
<Line>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>ELKTON MBR</ZoneName>
<ZDCode>3527-1</ZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
</Region>
</Schedule>
<ZoneDesignations>
<!-- Zone Designations -->
<ZD>
<ZDCode>3527-1</ZDCode>
<ZDZone>
<ZoneCode>2140</ZoneCode>
<ZoneName>VIKING FM</ZoneName>
<ZDKeyWell>
<WellID>00/09-13-052-20W5/0</WellID>
<ZDInterval>
<From>8806</From>
<To>8899</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</ZDInterval>
<LogType>DUAL INDUCTION-LATEROLOG</LogType>
</ZDKeyWell>
</ZDZone>
</ZD>
<ZDZone>
<ZoneCode>3050</ZoneCode>
<ZoneName>BLUESKY-GETHING</ZoneName>
<ZDKeyWell>
<WellID>00/05-35-051-20W5/0</WellID>
<ZDInterval>
<From>9780</From>
<To>10150</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</ZDInterval>
<LogType>BOREHOLE COMPENSATED SONIC</LogType>
</ZDKeyWell>
</ZDZone>
<ZDZone>
<ZoneCode>4440</ZoneCode>
<ZoneName>NORDEGG MBR</ZoneName>
<ZDKeyWell>
<WellID>00/07-18-051-19W5/0</WellID>
<ZDInterval>
<From>3177</From>
<To>3217</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</ZDInterval>
<LogType>DUAL INDUCTION-LATEROLOG</LogType>
</ZDKeyWell>
<KeyWellMetesBounds>
AND ANY ADDITIONAL STRATA OCCURRING BELOW THOSE DEFINED ABOVE AND, IN THE OPINION OF THE ALBERTA ENERGY AND UTILITIES BOARD, CONSTITUTING A PART OF THE NORDEGG FORMATION. 
</KeyWellMetesBounds>
</ZDZone>
<ZDZone>
<ZoneCode>6380</ZoneCode>
<ZoneName>ELKTON MBR</ZoneName>
<ZDKeyWell>
<WellID>00/15-28-052-19W5/0</WellID>
<ZDInterval>
<From>2992</From>
<To>3018</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</ZDInterval>
<LogType>COMPENSATED NEUTRON-FORMATION DENSITY</LogType>
</ZDKeyWell>
</ZDZone>
<ZD>
<ZDCode>3527-1-B</ZDCode>
<ZDZone>
<ZoneCode>1700</ZoneCode>
<ZoneName>CARDIUM FM</ZoneName>
<ZDKeyWell>
<WellID>00/05-16-052-19W5/0</WellID>
<ZDInterval>
<From>2120</From>
<To>2170</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</ZDInterval>
<LogType>DUAL INDUCTION-LATEROLOG</LogType>
</ZDKeyWell>
</ZDZone>
</ZD>
<ZD>
<ZDCode>3527-A-2</ZDCode>
<ZDZone>
<ZoneCode>3480</ZoneCode>
<ZoneName>CADOMIN FM</ZoneName>
<ZDKeyWell>
<WellID>00/05-16-052-19W5/0</WellID>
<ZDInterval>
<From>2969</From>
<To>3009</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</ZDInterval>
<LogType>DUAL LATEROLOG</LogType>
</ZDKeyWell>
</ZDZone>
</ZD>
<ZDZone>
<ZoneCode>4320</ZoneCode>
<ZoneName>ROCK CREEK MBR</ZoneName>
<ZDKeyWell>
<WellID>00/05-16-052-19W5/0</WellID>
<ZDInterval>
<From>3012.2</From>
<To>3020</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</ZDInterval>
<LogType>DUAL LATEROLOG</LogType>
</ZDKeyWell>
</ZDZone>
</ZoneDesignations>
<AddendaAndContacts>
<!-- Applicable Addenda And Contacts -->
<RestrictionDetail>
<RestrictionCode>PRA010201</RestrictionCode>
<AppliesTo>
<ContractType>LICENCE</ContractType>
<ContractNo>B0544</ContractNo>
<RestrictionLandDescription>
<RestrictionLand>
<LandKey>52005101SW</LandKey>
<Portion></Portion>
<MetesBoundsIndicator>P</MetesBoundsIndicator>
<MetesBounds> </MetesBounds>
</RestrictionLand>
</RestrictionLandDescription>

</AppliesTo>
<RestrictionDescription>
IS/ARE WITHIN A PROVINCIAL RECREATION AREA.

</RestrictionDescription>
<SurfaceAccess>
SURFACE ACCESS IS NOT PERMITTED
</SurfaceAccess>
<Contact>
<ContactName>BILL RICHARDS</ContactName>
<ContactTitle>RESOURCE TECHNOLOGIST</ContactTitle>
<ContactTitle>COMMUNITY DEVELOPMENT</ContactTitle>
<ContactAddressLine>PARKS AND PROTECTED AREAS</ContactAddressLine>
<ContactAddressLine>SYSTEMS PLANNING BRANCH</ContactAddressLine>
<ContactAddressLine>9820 106 ST NW FLOOR 5</ContactAddressLine>
<ContactCityTownVillageName>EDMONTON</ContactCityTownVillageName>
<ContactProvinceStateName>AB</ContactProvinceStateName>
<ContactPostalCode>T5K 2J6</ContactPostalCode>
<ContactTelephone>
<AreaCode>780</AreaCode>
<Prefix>427</Prefix>
<Suffix>9445</Suffix>
</ContactTelephone>
</Contact>
</RestrictionDetail>
</AddendaAndContacts>
</PublicOfferingNotice>

