2010 NOVEMBER 17 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS PUBLIC OFFERING CONTROL COUNTS FOR 2010.11.17 From To Total Area LEASES: L0382 L0388 7 6,912.0000 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 7 6,912.0000 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 2010 November 17. 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. Addenda do not cover every access situation. Before bidding ensure that the public land manager is contacted for specific access constraints and for standard operating guidelines for that region. On privately owned lands, access approval is a confidential matter between the landowner and the mineral lessee. 4. 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 2010 November 17 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. 2010 September 22 Renée Matsuba - Manager EDMONTON, Alberta Oil Sands Tenure LEASE SCHEDULE OIL SANDS LEASES 2010, NOVEMBER 17 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- ATHABASCA OS AREA --- L0382 768 4-13-072: 3;4;10 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0383 768 4-13-072: 9;15;16 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0384 2304 (CRG000128) (CRG000129) 4-18-073: 19;20;29-32 4-19-073: 24;25;36 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0385 1536 4-25-077: 19;30 4-26-077: 25;26;35;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 --- L0386 256 5-18-086: 8 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) EXCEPTING OIL SANDS IN THE BLUESKY-BULLHEAD (DRRZD 21) EXCEPTING OIL SANDS IN THE DEBOLT FM (DRRZD 42) ------------------------------------------------------------------------------------- L0387 1024 (GZR003101) 5-18-086: 10;15;20;21 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) EXCEPTING OIL SANDS IN THE BLUESKY-BULLHEAD (DRRZD 21) EXCEPTING OIL SANDS IN THE DEBOLT FM (DRRZD 42) ------------------------------------------------------------------------------------- L0388 256 (GZR003101) 5-18-086: 29 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) EXCEPTING OIL SANDS IN THE BLUESKY-BULLHEAD (DRRZD 21) EXCEPTING OIL SANDS IN THE DEBOLT FM (DRRZD 42) ------------------------------------------------------------------------------------- 7 6,912.00 HA TOTALS END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2010, NOVEMBER 17 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: 21 ZONE: 3052 BLUESKY-BULLHEAD INTERVAL: 2,754.00 - 3,043.00 FEET KEY WELL: 00/10-32-081-01W6/0 LOG TYPE: DUAL INDUCTION SPHERICALLY FOCUSED ------------------------------------------------------------------------------------- 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: 42 ZONE: 6120 DEBOLT FM INTERVAL: 4,444.00 - 5,294.00 FEET KEY WELL: 00/10-11-080-03W6/0 LOG TYPE: DUAL INDUCTION-LATEROLOG ------------------------------------------------------------------------------------- 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 2010, NOVEMBER 17 PUBLIC OFFERING NOTICE CRG000128 LAND DESCRIPTION LEASE L0384 4-18-073: 31SP,N;32P 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 L0384 4-19-073: 36SP,NWP,NE 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 ------------------------------------------------------------------------------------- GZR003101 LAND DESCRIPTION LEASE L0387 5-18-086: 20NWP LEASE L0388 5-18-086: 29SWP IS/ARE WITHIN A GRAZING RESERVE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: HEATHER FOSSUM AGROLOGIST DEPT. OF SUSTAINABLE RESOURCE DEV FAIRVIEW OFFICE-RANGELAND DISTRICT- LANDS DIVISION REGIONAL OFFICE 10209 109 ST FLOOR 2 PO BOX 159 FAIRVIEW AB T0H 1L0 (780) 835-7315 ------------------------------------------------------------------------------------- END