2008 MAY 14 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS ENERGY PUBLIC OFFERING CONTROL COUNTS FOR 2008.05.14 From To Total Area LEASES: L0245 L0296 52 104,704.0000 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 52 104,704.0000 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 2008 May 14. 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). 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. A bonus 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. Payments must be made by electronic funds transfer (EFT) only. 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. 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 (DRRZDs). 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. Results of the public offering will be available 2008 May 14 in the afternoon on the Department's website at http://www.energy.gov.ab.ca. 2. All agreements are issued electronically in accordance with the Mines & Minerals Act and its regulations. 2008 March 19 Steve Tkalcic - Director Operations EDMONTON, Alberta Oil Sands Development LEASE SCHEDULE OIL SANDS LEASES 2008, MAY 14 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- COLD LAKE OS AREA --- L0245 128 (IRS000602) 4-03-060: 3S 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) ------------------------------------------------------------------------------------- L0246 128 (IRS000602) 4-03-060: 4S 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) ------------------------------------------------------------------------------------- --- ATHABASCA OS AREA --- L0247 4608 4-25-086: 4-9;16-21;28-33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0248 4608 5-01-087: 1-3;10-15;22-27;34-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0249 4608 5-01-088: 4-9;16-21;28-33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0250 4608 5-01-089: 4-9;16-21;28-33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0251 4608 5-02-089: 1-3;10-15;22-27;34-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0252 1024 5-02-090: 1;2;11;12 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0253 256 (IRS000704) 4-08-091: 28 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0254 256 (IRS000704) 4-08-091: 33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0255 512 TRACT ONE 4-09-091: 1S,NE;12E OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) TRACT TWO 4-09-091: 1NW;12W OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) EXCEPTING OIL SANDS IN THE WABISKAW-MCMURRAY (ZD 3412) ------------------------------------------------------------------------------------- L0256 512 TRACT ONE 4-09-091: 2S;3S OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) TRACT TWO 4-09-091: 2N;3N OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) EXCEPTING OIL SANDS IN THE WABISKAW-MCMURRAY (ZD 3412) ------------------------------------------------------------------------------------- L0257 1024 (CRG000114) 4-04-093: 1;2;11;12 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0258 512 (CRG000114) 4-04-093: 3;10 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0259 768 (CRG000114) 4-04-093: 13-15 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0260 2304 (CRG000147) 5-02-093: 4-9;16-18 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0261 2304 (CRG000147) 5-02-093: 19-21;28-33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0262 3072 (CRG000147) 5-02-094: 6;7;18 5-03-094: 1-3;10-15 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0263 4096 (CRG000147) 5-03-094: 22;23;26;27;34;35 5-03-095: 2-11 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0264 256 4-16-095: 31 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0265 256 4-18-095: 36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0266 5632 (CRG000147) 5-03-095: 18;19;30;31 5-04-095: 1-3;10-15;22-27;34-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0267 512 4-17-096: 19;20 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0268 512 4-17-096: 21;28 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0269 6144 (CRG000147) 5-04-096: 1-4;9-16;21-28;33-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0270 3072 (CRG000147) 5-04-096: 5-8;17-20;29-32 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0271 4608 (CRG000103) 5-04-097: 4-9;16-21;28-33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0272 5632 (CRG000103) 5-05-097: 1;2;11-16;21-28;31-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0273 9216 (CRG000103) 5-05-098: 1-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0274 6144 (CRG000103) 5-05-099: 1-4;9-16;21-28;33-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- --- PEACE RIVER OS AREA --- L0275 1024 5-16-087: 15;16;21;22 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0276 1024 5-16-087: 17-20 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0277 1024 5-16-087: 29-32 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0278 1024 5-16-088: 5-8 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0279 1024 5-16-088: 17-20 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0280 1024 5-17-088: 1;2;11;12 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0281 1024 5-17-088: 3;4;9;10 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0282 1024 5-17-088: 5-8 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0283 1024 5-17-088: 13;14;23;24 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0284 1024 5-17-088: 15;16;21;22 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0285 1024 5-17-088: 17-20 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0286 1024 5-17-088: 27;28;33;34 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0287 1024 5-17-088: 29-32 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0288 512 (CRG000103) 5-24-088: 33;34 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0289 1024 5-17-089: 3;4;9;10 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0290 1024 5-17-089: 5-8 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0291 1024 5-18-089: 1;2;11;12 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0292 1024 5-18-089: 3;4;9;10 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0293 1024 5-18-089: 5-8 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0294 1024 5-19-089: 1;2;11;12 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0295 1280 (CRG000103) 5-24-090: 1-3;11;12 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0296 1536 5-24-090: 13;14;23-26 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- 52 104,704.00 HA TOTALS END APPENDIX 1 ZONE DESIGNATIONS APPLICABLE TO THE 2008, MAY 14 PUBLIC OFFERING NOTICE 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 ------------------------------------------------------------------------------------- ZD: 3412 ZONE: 3062 WABISKAW-MCMURRAY INTERVAL: 233.00 - 500.00 FEET KEY WELL: AA/03-01-088-09W4/0 LOG TYPE: ELECTRICAL INTERVAL: 632.00 - 839.00 FEET KEY WELL: 00/06-13-091-18W4/0 LOG TYPE: ELECTRICAL ------------------------------------------------------------------------------------- END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2008, MAY 14 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 ------------------------------------------------------------------------------------- DRRZD: 6 ZONE: 2140 VIKING FM INTERVAL: 2,600.00 - 2,680.00 FEET KEY WELL: 00/10-10-042-14W4/0 LOG TYPE: INDUCTION ELECTRICAL ------------------------------------------------------------------------------------- DRRZD: 40 ZONE: 2280 PEACE RIVER FM INTERVAL: 3,760.00 - 4,008.00 FEET KEY WELL: 00/07-09-076-08W6/0 LOG TYPE: BOREHOLE COMPENSATED SONIC ------------------------------------------------------------------------------------- DRRZD: 174 ZONE: 6420 PEKISKO FM INTERVAL: 6,468.00 - 6,654.00 FEET KEY WELL: 00/10-27-067-22W5/0 LOG TYPE: ELECTRICAL ------------------------------------------------------------------------------------- DRRZD: 258 ZONE: 7040 WOODBEND GRP INTERVAL: 1,284.00 - 2,251.00 FEET KEY WELL: 00/10-29-077-18W4/0 LOG TYPE: SONIC ------------------------------------------------------------------------------------- END APPENDIX 3 ADDENDA AND CONTACTS APPLICABLE TO THE 2008, MAY 14 PUBLIC OFFERING NOTICE CRG000103 LAND DESCRIPTION LEASE L0271 LEASE L0272 LEASE L0273 LEASE L0274 5-05-099: 1-4;9-16;21-27;28E,WP;33E,WP;34-36 LEASE L0288 LEASE L0295 5-24-090: 1SWP;2SP;3NP,SEP,SW IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: RALPH WOODS LAND MANAGEMENT FORESTER DEPT. OF SUSTAINABLE RESOURCE DEV PEACE RIVER OFFICE - LAND USE AREA- LANDS DIVISION 9621 96 AVE FLOOR MAIN PEACE RIVER AB T8S 1T4 (780) 624-6331 ------------------------------------------------------------------------------------- CRG000114 LAND DESCRIPTION LEASE L0257 4-04-093: 11;12 LEASE L0258 LEASE L0259 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: BILL BLACK LAND USE SPECIALIST DEPT. OF SUSTAINABLE RESOURCE DEV ATHABASCA OFFICE - RANGELAND DISTRICT-LANDS DIVISION 4901 50 ST ATHABASCA AB T9S 1E2 (780) 675-8168 ------------------------------------------------------------------------------------- CRG000147 LEASE L0260 LEASE L0261 LEASE L0262 LEASE L0263 LEASE L0266 LEASE L0269 LEASE L0270 ALL LAND(S) IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: THERESE YACYSHYN FOREST OFFICER DEPT. OF SUSTAINABLE RESOURCE DEV HIGH PRAIRIE OFFICE - LAND USE AREA -LANDS DIVISION PO BOX 149 HIGH PRAIRIE AB T0G 1E0 (780) 523-6524 ------------------------------------------------------------------------------------- IRS000602 LAND DESCRIPTION LEASE L0245 4-03-060: 3L4 LEASE L0246 4-03-060: 4SWP IS/ARE WITHIN THE COLD LAKE SUBREGIONAL INTEGRATED RESOURCE PLAN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE LIND LAND USE SPECIALIST DEPT. OF SUSTAINABLE RESOURCE DEV LAC LA BICHE REGIONAL OFFICE - LAND AND FOREST SERVICE PO BOX 450 LAC LA BICHE AB T0A 2C0 (780) 623-5240 ------------------------------------------------------------------------------------- IRS000704 LAND DESCRIPTION LEASE L0253 4-08-091: 28NP,SE,SWP LEASE L0254 4-08-091: 33SP IS/ARE WITHIN THE FORT MCMURRAY-ATHABASCA OIL SANDS INTEGRATED RESOURCE PLAN. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: LEE BAKER OPERATIONS SECTION HEAD DEPT. OF SUSTAINABLE RESOURCE DEV FORT MCMURRAY OFFICE-LAND USE AREA- LANDS DIVISION PROVINCIAL BUILDING 9915 FRANKLIN AVE FLOOR 3 BOX 35 FORT MCMURRAY AB T9H 2K4 (780) 743-7120 ------------------------------------------------------------------------------------- END