<?xml version="1.0" ?>
<!-- 135345_20090916POC.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>2009-09-16</SaleDate>
<!-- LICENCE SCHEDULE -->
<Schedule>
<ContractType>LICENCE</ContractType>
<Region>
<Name>NORTHERN</Name>
<Contract>
<ContractNo>B0407</ContractNo>
<Hectares>3072</Hectares>
<RestrictionCodeApplies>CRG000104</RestrictionCodeApplies>
<Tract>
<TractNo>1</TractNo>
<LandDescription>
<Land>
<LandKey>60706308</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706309</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706317</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 THE BASE OF THE</Qualifier>
<ZoneName>FERNIE GRP</ZoneName>
<DRRZDCode>276</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>2</TractNo>
<LandDescription>
<Land>
<LandKey>60706209</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706210</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706216</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706223</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706226</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706229</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706230</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60706305</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>CHINOOK MBR</ZoneName>
<DRRZDCode>77</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>FERNIE GRP</ZoneName>
<DRRZDCode>276</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>3</TractNo>
<LandDescription>
<Land>
<LandKey>60706316</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 THE BASE OF THE</Qualifier>
<ZoneName>SPIRIT RIVER FM</ZoneName>
<DRRZDCode>22</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
<Contract>
<ContractNo>B0408</ContractNo>
<Hectares>2816</Hectares>
<RestrictionCodeApplies>ES4000103</RestrictionCodeApplies>
<Tract>
<TractNo>1</TractNo>
<LandDescription>
<Land>
<LandKey>60606304</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 THE BASE OF THE</Qualifier>
<ZoneName>NIKANASSIN FM</ZoneName>
<DRRZDCode>34</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>2</TractNo>
<LandDescription>
<Land>
<LandKey>60606305</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606309</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606310</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606314</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606315</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606321</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606322</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</Land>
<Land>
<LandKey>60606323</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 THE BASE OF THE</Qualifier>
<ZoneName>FERNIE GRP</ZoneName>
<DRRZDCode>276</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>3</TractNo>
<LandDescription>
<Land>
<LandKey>60606316</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>SPIRIT RIVER FM</ZoneName>
<DRRZDCode>22</DRRZDCode>
</Line>
<Line>
<Qualifier>TO THE BASE OF THE</Qualifier>
<ZoneName>FERNIE GRP</ZoneName>
<DRRZDCode>276</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
<Tract>
<TractNo>4</TractNo>
<LandDescription>
<Land>
<LandKey>60606311</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 THE BASE OF THE</Qualifier>
<ZoneName>DUNVEGAN FM</ZoneName>
<DRRZDCode>38</DRRZDCode>
</Line>
</ZoneDescription>
</Tract>
</Contract>
</Region>
</Schedule>
<DeeperRightsReversionZoneDesignations>
<!-- Deeper Rights Reversion Zone Designations -->
<DRRZD>
<DRRZDCode>22</DRRZDCode>
<DRRZDZone>
<ZoneCode>2640</ZoneCode>
<ZoneName>SPIRIT RIVER FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/11-03-078-01W6/0</WellID>
<DRRZDInterval>
<From>2004</From>
<To>3138</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>INDUCTION ELECTRIC</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>34</DRRZDCode>
<DRRZDZone>
<ZoneCode>4080</ZoneCode>
<ZoneName>NIKANASSIN FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/10-01-068-09W6/0</WellID>
<DRRZDInterval>
<From>2555</From>
<To>2680</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</DRRZDInterval>
<LogType>BOREHOLE COMPENSATED SONIC</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>38</DRRZDCode>
<DRRZDZone>
<ZoneCode>1920</ZoneCode>
<ZoneName>DUNVEGAN FM</ZoneName>
<DRRZDKeyWell>
<WellID>00/11-04-074-05W6/0</WellID>
<DRRZDInterval>
<From>2566</From>
<To>3038</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>DUAL INDUCTION-LATEROLOG</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<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>
<DRRZD>
<DRRZDCode>77</DRRZDCode>
<DRRZDZone>
<ZoneCode>1540</ZoneCode>
<ZoneName>CHINOOK MBR</ZoneName>
<DRRZDKeyWell>
<WellID>00/11-27-064-09W6/0</WellID>
<DRRZDInterval>
<From>4532</From>
<To>4656</To>
<UnitOfMeasure>FEET</UnitOfMeasure>
</DRRZDInterval>
<LogType>DUAL INDUCTION FOCUSED</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
<DRRZD>
<DRRZDCode>276</DRRZDCode>
<DRRZDZone>
<ZoneCode>4140</ZoneCode>
<ZoneName>FERNIE GRP</ZoneName>
<DRRZDKeyWell>
<WellID>00/13-01-074-11W6/0</WellID>
<DRRZDInterval>
<From>2048</From>
<To>2151</To>
<UnitOfMeasure>METRES</UnitOfMeasure>
</DRRZDInterval>
<LogType>BOREHOLE COMPENSATED SONIC</LogType>
</DRRZDKeyWell>
</DRRZDZone>
</DRRZD>
</DeeperRightsReversionZoneDesignations>
<AddendaAndContacts>
<!-- Applicable Addenda And Contacts -->
<RestrictionDetail>
<RestrictionCode>CRG000104</RestrictionCode>
<AppliesTo>
<ContractType>LICENCE</ContractType>
<ContractNo>B0407</ContractNo>
<RestrictionLandDescription>
<RestrictionLand>
<LandKey>60706209E</LandKey>
<Portion></Portion>
<MetesBoundsIndicator>P</MetesBoundsIndicator>
<MetesBounds> </MetesBounds>
</RestrictionLand>
<RestrictionLand>
<LandKey>60706210S</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</RestrictionLand>
<RestrictionLand>
<LandKey>60706210NW</LandKey>
<Portion></Portion>
<MetesBoundsIndicator>P</MetesBoundsIndicator>
<MetesBounds> </MetesBounds>
</RestrictionLand>
<RestrictionLand>
<LandKey>60706210NE</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</RestrictionLand>
</RestrictionLandDescription>

</AppliesTo>
<RestrictionDescription>
IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE.

</RestrictionDescription>
<SurfaceAccess>
SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS
</SurfaceAccess>
<Contact>
<ContactName>EUGENE BARANSKI</ContactName>
<ContactTitle>LAND USE STRATEGIST</ContactTitle>
<ContactTitle>DEPT. OF SUSTAINABLE RESOURCE DEV</ContactTitle>
<ContactTitle>GRANDE PRAIRIE OFFICE - LAND USE AREA-LANDS DIVISION</ContactTitle>
<ContactAddressLine>PO BOX 899</ContactAddressLine>
<ContactCityTownVillageName>VALLEYVIEW</ContactCityTownVillageName>
<ContactProvinceStateName>AB</ContactProvinceStateName>
<ContactPostalCode>T0H 3N0</ContactPostalCode>
<ContactTelephone>
<AreaCode>780</AreaCode>
<Prefix>524</Prefix>
<Suffix>3567</Suffix>
</ContactTelephone>
</Contact>
</RestrictionDetail>
<RestrictionDetail>
<RestrictionCode>ES4000103</RestrictionCode>
<AppliesTo>
<ContractType>LICENCE</ContractType>
<ContractNo>B0408</ContractNo>
<RestrictionLandDescription>
<RestrictionLand>
<LandKey>60606311NE</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</RestrictionLand>
<RestrictionLand>
<LandKey>60606314SE</LandKey>
<Portion></Portion>
<MetesBoundsIndicator></MetesBoundsIndicator>
<MetesBounds></MetesBounds>
</RestrictionLand>
</RestrictionLandDescription>

</AppliesTo>
<RestrictionDescription>
IS/ARE WITHIN ZONE 4 (GENERAL RECREATION) AS DESCRIBED IN "A POLICY FOR RESOURCE
MANAGEMENT OF THE EASTERN SLOPES".

</RestrictionDescription>
<SurfaceAccess>
SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS
</SurfaceAccess>
<Contact>
<ContactName>DAVE STEPNISKY</ContactName>
<ContactTitle>AREA WILDLIFE BIOLOGIST</ContactTitle>
<ContactTitle>DEPT. OF SUSTAINABLE RESOURCE DEV</ContactTitle>
<ContactTitle>GRANDE PRAIRIE OFFICE - FISH AND WILDLIFE</ContactTitle>
<ContactAddressLine>PROVINCIAL BUILDING</ContactAddressLine>
<ContactAddressLine>10320 99 ST SUITE 1601</ContactAddressLine>
<ContactCityTownVillageName>GRANDE PRAIRIE</ContactCityTownVillageName>
<ContactProvinceStateName>AB</ContactProvinceStateName>
<ContactPostalCode>T8V 6J4</ContactPostalCode>
<ContactTelephone>
<AreaCode>780</AreaCode>
<Prefix>538</Prefix>
<Suffix>5265</Suffix>
</ContactTelephone>
</Contact>
</RestrictionDetail>
</AddendaAndContacts>
</PublicOfferingNotice>
