2011 JANUARY 26 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS PUBLIC OFFERING CONTROL COUNTS FOR 2011.01.26 From To Total Area LEASES: L0335 L0344 10 31,232.0000 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 10 31,232.0000 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 2011 January 26. 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 2011 January 26 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 December 01 Renée Matsuba - Manager EDMONTON, Alberta Oil Sands Tenure LEASE SCHEDULE OIL SANDS LEASES 2011, JANUARY 26 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- COLD LAKE OS AREA --- L0335 512 (IRS000305) (IRS000307) 4-08-064: 19;30 OIL SANDS IN THE MANNVILLE GRP (DRRZD 4) ------------------------------------------------------------------------------------- --- ATHABASCA OS AREA --- L0336 4096 (CRG000148) 5-02-083: 27-34 5-02-084: 3-10 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0337 6144 (CRG000148) 5-02-084: 13-16;21-28;33-36 5-02-085: 1-4;9-12 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0338 2560 (TSH001601) 5-02-085: 13;14;23-26;35;36 5-02-086: 1;2 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0339 4608 (TSH001601) 5-02-085: 15-17;20-22;27-29;32-34 5-02-086: 3-5;8-10 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0340 6400 (TSH001601) 5-02-086: 13-17;20-29;32-36 5-02-087: 1-5 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0341 2304 5-01-087: 19-21;28-33 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0342 4096 5-02-087: 9-16;21-28 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0343 256 4-17-095: 31 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- L0344 256 4-17-096: 7 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- 10 31,232.00 HA TOTALS END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2011, JANUARY 26 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: 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 2011, JANUARY 26 PUBLIC OFFERING NOTICE CRG000148 LAND DESCRIPTION LEASE L0336 5-02-083: 27-34 5-02-084: 3-6;7S,NP;8S,NP;9;10 LEASE L0337 5-02-084: 13;14;15S,NWP,NE;16SP,NEP;22SP,NEP;23-25; 26SP,NEP;36SP,NEP IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: THERESE YACYSHYN OPERATIONS SECTION HEAD DEPT. OF SUSTAINABLE RESOURCE DEV HIGH PRAIRIE OFFICE - LAND USE AREA -LANDS DIVISION PO BOX 149 HIGH PRAIRIE AB T0G 1E0 (780) 523-6524 ------------------------------------------------------------------------------------- IRS000305 LAND DESCRIPTION LEASE L0335 4-08-064: 19WP;30EP IS/ARE WITHIN THE LAKELAND INTEGRATED RESOURCE PLAN. ACCESS FOR INTENSIVE DRILLING OF OILS SANDS IS SUBJECT TO SPECIFIC RESTRICTIONS. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: WAYNE HOLLAND LANDS & RANGELAND PROGRAM MANAGER DEPT. OF SUSTAINABLE RESOURCE DEV SHERWOOD PARK OFFICE-LAND USE AREA- LANDS DIVISION 182 CHIPPEWA RD SHERWOOD PARK AB T8A 4H5 (780) 464-7955 ------------------------------------------------------------------------------------- IRS000307 LAND DESCRIPTION LEASE L0335 4-08-064: 19WP;30EP IS/ARE WITHIN THE LAKELAND INTEGRATED RESOURCE PLAN. ACCESS FOR SURFACE MINING OF OIL SANDS IS NOT PERMITTED. SURFACE ACCESS IS NOT PERMITTED FOR FURTHER INFORMATION, PLEASE CONTACT: WAYNE HOLLAND LANDS & RANGELAND PROGRAM MANAGER DEPT. OF SUSTAINABLE RESOURCE DEV SHERWOOD PARK OFFICE-LAND USE AREA- LANDS DIVISION 182 CHIPPEWA RD SHERWOOD PARK AB T8A 4H5 (780) 464-7955 ------------------------------------------------------------------------------------- TSH001601 LAND DESCRIPTION LEASE L0338 5-02-086: 2L15,L16 LEASE L0339 5-02-086: 10L9,L16 LEASE L0340 5-02-086: 13L4;14S;15L1 TRUMPETER SWAN HABITAT MAY BE PRESENT. SURFACE ACCESS CONSTRAINTS MAY BE IN EFFECT; PLEASE CONTACT THE LOCAL PUBLIC LANDS AND/OR FISH AND WILDLIFE OFFICE FOR SPECIFIC LOCATIONS AND DETAILS SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: ALAIN FONTAINE AREA WILDLIFE BIOLOGIST DEPT. OF SUSTAINABLE RESOURCE DEV HIGH PRAIRIE OFFICE - FISH AND WILDLIFE PROVINCIAL BUILDING 5226 53 AVE PO BOX 1500 HIGH PRAIRIE AB T0G 1E0 (780) 523-6521 ------------------------------------------------------------------------------------- END