<?xml version="1.0" ?>
<!-- 93044_20070711POC.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>2007-07-11</SaleDate>
<!-- LICENCE SCHEDULE -->
<Schedule>
<ContractType>LICENCE</ContractType>
<Region>
<Name>NORTHERN</Name>
<Contract>
<ContractNo>B0190</ContractNo>
<Hectares>256</Hectares>
<Tract>
<TractNo>1</TractNo>
<LandDescription>
<Land>
<LandKey>51805813E</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>BLUESKY-BULLHEAD</ZoneName>
<DRRZDCode>21</DRRZDCode>
</Line>
<Line>
<Qualifier>TO</Qualifier>
<ZoneName>BASEMENT</ZoneName>
</Line>
<Line>
<Excepting>EXCEPTING</Excepting>
<Substance>NATURAL GAS</Substance>
<Qualifier>IN THE</Qualifier>
<ZoneName>BEAVERHILL LAKE GRP</ZoneName>
<ZDCode>369</ZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>2</TractNo>
<LandDescription>
<Land>
<LandKey>51805813W</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>BEAVERHILL LAKE GRP</ZoneName>
<DRRZDCode>5</DRRZDCode>
</Line>
<Line>
<Qualifier>TO</Qualifier>
<ZoneName>BASEMENT</ZoneName>
</Line>
</ZoneDescription>
</Tract>
</Contract>
</Region>
</Schedule>
<ZoneDesignations>
<!-- Zone Designations -->
<ZD>
<ZDCode>369</ZDCode>
<ZDZone>
<ZoneCode>7440</ZoneCode>
<ZoneName>BEAVERHILL LAKE GRP</ZoneName>
<ZDKeyWell>
<WellID>00/11-10-058-18W5/0</WellID>
<ZDInterval>
<From>11384</From>
<To>11610</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</ZDInterval>
<LogType>DUAL INDUCTION-LATEROLOG</LogType>
</ZDKeyWell>
</ZDZone>
</ZD>
</ZoneDesignations>
<DeeperRightsReversionZoneDesignations>
<!-- Deeper Rights Reversion Zone Designations -->
<DRRZD>
<DRRZDCode>5</DRRZDCode>
<DRRZDZone>
<ZoneCode>7440</ZoneCode>
<ZoneName>BEAVERHILL LAKE GRP</ZoneName>
<DRRZDKeyWell>
<WellID>00/10-22-068-11W5/0</WellID>
<DRRZDInterval>
<From>8645</From>
<To>9118</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>INDUCTION ELECTRICAL</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>21</DRRZDCode>
<DRRZDZone>
<ZoneCode>3052</ZoneCode>
<ZoneName>BLUESKY-BULLHEAD</ZoneName>
<DRRZDKeyWell>
<WellID>00/10-32-081-01W6/0</WellID>
<DRRZDInterval>
<From>2754</From>
<To>3043</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>DUAL INDUCTION SPHERICALLY FOCUSED</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
</DeeperRightsReversionZoneDesignations>
</PublicOfferingNotice>

