PETROLEUM AND NATURAL GAS 2009-11-18 LEASE NORTHERN A0117 64 TSH000101 0 52506623NW PETROLEUM AND NATURAL GAS FROM SURFACE TO BASEMENT LICENCE NORTHERN B0223 1024 TSH000101 1 60606809 PETROLEUM AND NATURAL GAS BELOW THE BASE OF THE FERNIE GRP 276 TO BASEMENT 2 60606816 PETROLEUM AND NATURAL GAS BELOW THE BASE OF THE CHARLIE LAKE FM 247 TO BASEMENT 3 60606814 60606828 PETROLEUM AND NATURAL GAS BELOW THE BASE OF THE HALFWAY FM 246 TO BASEMENT B0224 640 TSH000101 1 61007618N 61007618SW PETROLEUM AND NATURAL GAS FROM SURFACE TO BASEMENT 2 61007618SE PETROLEUM AND NATURAL GAS BELOW THE BASE OF THE DOE CREEK MBR 25 TO BASEMENT 3 61007606N 61007607 PETROLEUM AND NATURAL GAS BELOW THE BASE OF THE BLUESKY-BULLHEAD 21 TO BASEMENT B0229 512 ADM001901 TSH000106 0 52408631 52508636 PETROLEUM AND NATURAL GAS FROM SURFACE TO BASEMENT 21 3052 BLUESKY-BULLHEAD 00/10-32-081-01W6/0 2754 3043 FEET DUAL INDUCTION SPHERICALLY FOCUSED 25 1900 DOE CREEK MBR 00/07-04-075-10W6/0 2330 2393 FEET DUAL INDUCTION-LATEROLOG 246 5160 HALFWAY FM 00/11-18-077-08W6/0 6344 6402 FEET BOREHOLE COMPENSATED SONIC 247 5080 CHARLIE LAKE FM 00/10-19-068-06W6/0 2372 2448.5 METRES DUAL INDUCTION SFL 276 4140 FERNIE GRP 00/13-01-074-11W6/0 2048 2151 METRES BOREHOLE COMPENSATED SONIC ADM001901 LICENCE B0229 52408631 IS/ARE WITHIN AN OIL SANDS AREA AS DESIGNATED BY THE ENERGY RESOURCES CONSERVATION BOARD (ERCB). SOLUTION GAS IS EXPRESSLY EXCLUDED FROM THE PETROLEUM AND NATURAL GAS RIGHTS GRANTED UNDER CROWN AGREEMENTS ISSUED IN RESPECT OF OIL SANDS AREAS. MOREOVER, PRODUCTION OF GAS FROM THE LAND(S) IN THIS AGREEMENT MAY BE DISALLOWED OR PRECLUDED BY ORDER OF THE ERCB OR OTHERWISE, ON THE GROUNDS THAT SUCH PRODUCTION MAY DETRIMENTALLY AFFECT THE RECOVERABILITY OF OIL SANDS FROM THOSE LANDS. BY ACCEPTING THIS AGREEMENT FOR THE PETROLEUM AND NATURAL GAS RIGHTS IN THESE LANDS, THE LESSEE/ LICENSEE HEREBY ACKNOWLEDGES ALL OF THE ABOVE, AND THAT PRODUCTION OF GAS FROM THE LANDS IN THIS AGREEMENT MAY BY ORDER OF THE ERCB OR OTHERWISE BE PRECLUDED OR DISALLOWED, AND HEREBY WAIVES ANY RECOURSE, ACTION, CAUSE OF ACTION OR CLAIM THAT THE LESSEE/LICENSEE MAY HAVE AGAINST THE CROWN IN RIGHT OF ALBERTA AS A RESULT OF OR IN RELATION TO ITS INABILITY FOR ANY OF THE ABOVE REASONS OR FOR ANY OTHER REASON WHATSOEVER TO PRODUCE GAS FROM THE LANDS IN THIS AGREEMENT. FOR THE DEFINITION OF SOLUTION GAS AND OTHER RELEVANT INFORMATION, PLEASE REFER TO INFORMATION LETTER 99-38. FOR CURRENT POLICY ON NATURAL GAS PRODUCTION IN THE OIL SANDS ZONES IDENTIFIED WITHIN OIL SANDS AREAS, PLEASE REFER TO AEUB INTERIM DIRECTIVE 99-01. SURFACE ACCESS IS NOT AFFECTED CHRIS RUDLAND MANAGER, P & NG AGREEMENT SALES ALBERTA DEPARTMENT OF ENERGY MINERAL DEVELOPMENT AND STRATEGIC RESOURCES TENURE 9945 108 ST NW FLOOR 2 EDMONTON AB T5K 2G6 780 422 9426 TSH000101 LEASE A0117 52506623NW LICENCE B0223 60606814 LICENCE B0224 61007606N 61007607 IS/ARE WITHIN AN IMPORTANT TRUMPETER SWAN HABITAT. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS DAVE STEPNISKY AREA WILDLIFE BIOLOGIST DEPT. OF SUSTAINABLE RESOURCE DEV GRANDE PRAIRIE OFFICE - FISH AND WILDLIFE PROVINCIAL BUILDING 10320 99 ST SUITE 1601 GRANDE PRAIRIE AB T8V 6J4 780 538 5265 TSH000106 LICENCE B0229 52508636 IS/ARE WITHIN AN IMPORTANT TRUMPETER SWAN HABITAT. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS DAVE MOYLES SENIOR AREA WILDLIFE BIOLOGIST DEPT. OF SUSTAINABLE RESOURCE DEV PEACE RIVER OFFICE - FISH AND WILDLIFE 9621 96 AVE PO BAG 900 26 PEACE RIVER AB T8S 1T4 780 624 6405