PRAIRIE PROVIDENT ASSET FOR SALE

SOUTH CENTRAL ALBERTA PKG

26-Wells (16-Prods). ~17.4 Sections

WHEATLAND - W4M

Mannville Group Formation

Asset Sale Plus Drilling Program

Proven Ellerslie/BQ Pools w/ Existing Prod.

Upside Drilling Program - 2 Low Risk Wells

100% OPERATED WI AVAILABLE

Average Production: ~250 BOEPD

Includes ~60 BOPD NGLs, Oil & Condensate

Total NPV10: $7.3MM

$5.5MM For 2 Drills; Proj. IP - 253 BOEPD

PP 11335DV