2006 OCTOBER 04 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS ENERGY PUBLIC OFFERING CONTROL COUNTS FOR 2006.10.04 From To Total Area LEASES: L0288 L0316 29 1,847.8500 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 29 1,847.8500 ha. PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS BIDDING DEADLINE Offers to purchase oil sands leases and/or permits contained in this public offering will not be accepted after 12 noon on 2006 October 04. NO EXCEPTIONS. AMOUNT OF PAYMENT 1. Your total bid includes the bonus, rent at $3.50/ha or $50.00, whichever is the greater, and a fee of $625.00. 2. An offer of less than $2.50/ha for a lease and $1.25/ha for a permit will not be considered. 3. The department reserves the right to reject any bid. FORM OF PAYMENT 1. Only by electronic funds transfer (EFT). 2. Companies and individuals that do not have a GST registration number are liable for payment of the Goods and Services Tax on various charges. All registrants must ensure that their GST number is provided in writing to Financial Services Branch @ Fax No. (780) 422-4281. HOW TO SUBMIT BIDS 1. E-Bidding is mandatory for the submission of bids for all oil sands parcels offered. 2. Bid requests must be submitted using the Department of Energy's Electronic Transfer System (ETS). POINTS TO REMEMBER 1. The bidder is responsible for having sufficient funds in their EFT bank account to cover all bids on the day of the sale. It can take up to midnight on the day following the sale to see your funds debited from your bank account for an accepted offer. 2. Requestors of parcel(s) posted in a public offering are expected to bid on the parcel(s). The requestor will be charged a penalty of $625.00 plus GST for each unsold parcel. 3. The Government of Alberta's "First Nations Consultation Policy on Land Management and Resource Development" may apply to surface activities proposed as a result of acquiring Crown mineral rights. For information contact Aboriginal Relations Business Unit, Alberta Energy at (780)427-5110. ATTACHMENTS TO THIS PUBLIC OFFERING WHEN APPLICABLE APPENDIX 1 - Contains applicable Zone Designations (ZD's). APPENDIX 2 - Contains applicable Deeper Rights Reversion Zone Designations (DRRZD's). APPENDIX 3 - Contains applicable addenda and contracts also terms and conditions for acquisition of parcel(s) within Metis Settlements (See IL 92-19). RESULTS OF THIS PUBLIC OFFERING 1. Accepted offers information will be available on 2006 October 04 in the afternoon on the Department's website at http://www.energy.gov.ab.ca. 2. All agreements are issued in accordance with the Mines & Minerals Act and its regulations. 2006 August 09 Steve Tkalcic - Director Operations EDMONTON, Alberta Oil Sands Development LEASE SCHEDULE OIL SANDS LEASES 2006, OCTOBER 04 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- COLD LAKE OS AREA --- L0288 62.463 4-03-062: 14SEP PORTION(S) LYING OUTSIDE COLD LAKE INDIAN RESERVE NO. 149. OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE L COLONY TO T MCMURRAY (ZD 2695) ------------------------------------------------------------------------------------- L0289 62.312 4-03-062: 14SWP PORTION(S) LYING OUTSIDE COLD LAKE INDIAN RESERVE NO. 149. OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE L COLONY TO T MCMURRAY (ZD 2695) ------------------------------------------------------------------------------------- L0290 64 4-03-062: 14NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE L COLONY TO T MCMURRAY (ZD 2695) ------------------------------------------------------------------------------------- L0291 64 4-03-062: 14NE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE L COLONY TO T MCMURRAY (ZD 2695) ------------------------------------------------------------------------------------- L0292 61.892 4-03-062: 15SEP PORTION(S) LYING OUTSIDE COLD LAKE INDIAN RESERVE NO. 149. OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0293 61.183 4-03-062: 15SWP PORTION(S) LYING OUTSIDE COLD LAKE INDIAN RESERVE NO. 149. OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0294 64 4-03-062: 15NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0295 64 4-03-062: 15NE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0296 64 4-03-062: 16SE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0297 64 4-03-062: 16SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0298 64 4-03-062: 16NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0299 64 4-03-062: 16NE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0300 64 4-03-062: 21SE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0301 64 4-03-062: 21SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0302 64 4-03-062: 21NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0303 64 4-03-062: 21NE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0304 64 4-03-062: 22SE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0305 64 4-03-062: 22SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0306 64 4-03-062: 22NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0307 64 4-03-062: 23SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE L COLONY TO T MCMURRAY (ZD 2695) ------------------------------------------------------------------------------------- L0308 64 4-03-062: 26SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE L COLONY TO T MCMURRAY (ZD 2695) ------------------------------------------------------------------------------------- L0309 64 4-03-062: 27SE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0310 64 4-03-062: 27SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0311 64 4-03-062: 27NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0312 64 4-03-062: 27NE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0313 64 4-03-062: 28SE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0314 64 4-03-062: 28SW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0315 64 4-03-062: 28NW OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- L0316 64 4-03-062: 28NE OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) EXCEPTING OIL SANDS IN THE SUB-COLONY CRETACEOUS (ZD 2575-1) ------------------------------------------------------------------------------------- 29 1,847.85 HA TOTALS END APPENDIX 1 ZONE DESIGNATIONS APPLICABLE TO THE 2006, OCTOBER 04 PUBLIC OFFERING NOTICE ZD: 2575-1 ZONE: 2604 SUB-COLONY CRETACEOUS INTERVAL: 950.00 - 1,539.00 FEET KEY WELL: AB/15-28-062-03W4/0 LOG TYPE: INDUCTION ELECTRICAL ------------------------------------------------------------------------------------- ZD: 2695 ZONE: 2603 L COLONY TO T MCMURRAY INTERVAL: 1,310.00 - 1,700.00 FEET KEY WELL: 00/04-30-059-03W4/0 LOG TYPE: INDUCTION ELECTRICAL ------------------------------------------------------------------------------------- END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2006, OCTOBER 04 PUBLIC OFFERING NOTICE DRRZD: 4 ZONE: 2480 MANNVILLE GRP INTERVAL: 2,557.00 - 2,985.00 FEET KEY WELL: 00/06-16-041-08W4/0 LOG TYPE: INDUCTION ELECTRICAL ------------------------------------------------------------------------------------- END