2008 OCTOBER 15 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS ENERGY PUBLIC OFFERING CONTROL COUNTS FOR 2008.10.15 From To Total Area LEASES: L0383 L0406 24 25,344.0000 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 24 25,344.0000 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 October 15. 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 October 15 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 August 20 Steve Tkalcic - Director Operations EDMONTON, Alberta Oil Sands Development LEASE SCHEDULE OIL SANDS LEASES 2008, OCTOBER 15 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- ATHABASCA OS AREA --- L0383 1280 4-25-073: 26;27;34-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0384 512 4-25-074: 28;33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0385 768 4-24-075: 6;7 4-25-075: 12 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0386 256 4-25-075: 14 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0387 4608 (CRG000129) 4-19-076: 1-18 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0388 4608 (CRG000129) 4-19-076: 19-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0389 4608 (CRG000130) 4-20-076: 1-18 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0390 4608 (CRG000130) 4-20-076: 19-36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0391 256 (CRG000128) 4-18-091: 29 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) ------------------------------------------------------------------------------------- L0392 256 (CRG000128) 4-18-091: 33 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) ------------------------------------------------------------------------------------- L0393 256 (CRG000128) 4-18-092: 4 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) ------------------------------------------------------------------------------------- L0394 256 (CRG000128) 4-18-092: 5 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) ------------------------------------------------------------------------------------- L0395 256 (CRG000128) 4-18-092: 7 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) ------------------------------------------------------------------------------------- L0396 256 (CRG000128) 4-18-092: 8 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) ------------------------------------------------------------------------------------- L0397 256 (CRG000128) 4-18-092: 9 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) ------------------------------------------------------------------------------------- L0398 256 (CRG000128) 4-18-092: 16 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) ------------------------------------------------------------------------------------- L0399 256 (CRG000128) 4-18-092: 17 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) ------------------------------------------------------------------------------------- L0400 256 (CRG000128) 4-18-092: 20 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) ------------------------------------------------------------------------------------- L0401 256 (CRG000128) 4-18-092: 28 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) ------------------------------------------------------------------------------------- L0402 256 (CRG000128) 4-18-092: 29 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) ------------------------------------------------------------------------------------- L0403 256 (CRG000128) 4-18-093: 4 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) ------------------------------------------------------------------------------------- L0404 256 (CRG000128) 4-18-093: 7 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) ------------------------------------------------------------------------------------- L0405 256 (CRG000128) 4-18-093: 8 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) ------------------------------------------------------------------------------------- L0406 256 (CRG000128) 4-18-093: 9 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) ------------------------------------------------------------------------------------- 24 25,344.00 HA TOTALS END APPENDIX 1 ZONE DESIGNATIONS APPLICABLE TO THE 2008, OCTOBER 15 PUBLIC OFFERING NOTICE 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, OCTOBER 15 PUBLIC OFFERING NOTICE 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: 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, OCTOBER 15 PUBLIC OFFERING NOTICE CRG000128 LEASE L0391 LEASE L0392 LEASE L0393 LEASE L0394 LEASE L0395 LEASE L0396 LEASE L0397 LEASE L0398 LEASE L0399 LEASE L0400 LEASE L0401 LEASE L0402 LEASE L0403 LEASE L0404 LEASE L0405 LEASE L0406 ALL LAND(S) 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 ------------------------------------------------------------------------------------- CRG000129 LAND DESCRIPTION LEASE L0387 LEASE L0388 4-19-076: 19-23;24EP,W;25N,SEP,SW;26-36 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 ------------------------------------------------------------------------------------- CRG000130 LAND DESCRIPTION LEASE L0389 LEASE L0390 4-20-076: 19S,NWP,NE;20-29;30SP,NEP;31EP;32S,NWP,NE;33-36 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 ------------------------------------------------------------------------------------- END