<?xml version="1.0" ?>
<!-- 50100_20051214PAB.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>2005-12-14</SaleDate>
<!-- ADVANCE BOOKING LICENCE SCHEDULE -->
<Schedule>
<ContractType>LICENCE</ContractType>
<Region>
<Name>FOOTHILLS</Name>
<Contract>
<ContractNo>050273504</ContractNo>
<Hectares>1024</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>52505308</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>52505309</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>52505310</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>52505315</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>
</Contract>
<Contract>
<ContractNo>050273503</ContractNo>
<Hectares>256</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>52505311</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>PETROLEUM AND NATURAL GAS</Substance>
<Qualifier>BELOW THE BASE OF THE</Qualifier>
<ZoneName>CARDIUM FM</ZoneName>
<DRRZDCode>51</DRRZDCode>
</Line>
<Line>
<Qualifier>TO</Qualifier>
<ZoneName>BASEMENT</ZoneName>
</Line>
</ZoneDescription>
</Tract>
</Contract>
<Contract>
<ContractNo>050273502</ContractNo>
<Hectares>512</Hectares>
<Tract>
<TractNo>1</TractNo>
<LandDescription>
<Land>
<LandKey>52505314</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>52505312</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
</LandDescription>

<ZoneDescription>
<Line>
<Substance>PETROLEUM AND NATURAL GAS</Substance>
<Qualifier>BELOW THE BASE OF THE</Qualifier>
<ZoneName>CARDIUM FM</ZoneName>
<DRRZDCode>51</DRRZDCode>
</Line>
<Line>
<Qualifier>TO</Qualifier>
<ZoneName>BASEMENT</ZoneName>
</Line>
</ZoneDescription>
</Tract>
</Contract>
<Contract>
<ContractNo>050273505</ContractNo>
<Hectares>1024</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>52505316</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>52505317</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
</Land>
<Land>
<LandKey>52505320</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52505330</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>
</Contract>
<Contract>
<ContractNo>050273501</ContractNo>
<Hectares>512</Hectares>
<Tract>
<TractNo>0</TractNo>
<LandDescription>
<Land>
<LandKey>52605313</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>52605324</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>
</Contract>
</Region>
</Schedule>
<DeeperRightsReversionZoneDesignations>
<!-- Deeper Rights Reversion Zone Designations -->
<DRRZD>
<DRRZDCode>51</DRRZDCode>
<DRRZDZone>
<ZoneCode>1700</ZoneCode>
<ZoneName>CARDIUM FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/07-36-058-03W6/0</WellID>
<DRRZDInterval>
<From>2350.4</From>
<To>2415.7</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</DRRZDInterval>
<LogType>DUAL INDUCTION SFL</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
</DeeperRightsReversionZoneDesignations>
</PublicOfferingNotice>

