2011 APRIL 20 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS PUBLIC OFFERING CONTROL COUNTS FOR 2011.04.20 From To Total Area LEASES: L0279 L0293 15 112,000.0000 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 15 112,000.0000 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 April 20. 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 April 20 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. 2011 February 23 Renée Matsuba - Manager EDMONTON, Alberta Oil Sands Tenure LEASE SCHEDULE OIL SANDS LEASES 2011, APRIL 20 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- ATHABASCA OS AREA --- L0279 7616 (CRG000128) TRACT ONE 4-18-074: 1-6;8-12;14-16;19-23;26-35 OIL SANDS BELOW THE TOP OF THE VIKING FM (DRRZD 6) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) TRACT TWO 4-18-074: 7N,SW OIL SANDS BELOW THE BASE OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE WOODBEND GRP (DRRZD 258) ------------------------------------------------------------------------------------- --- PEACE RIVER OS AREA --- L0280 9216 (TSH001601) 5-11-082: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0281 9216 (TSH001601) 5-12-083: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0282 9216 (TSH001601) 5-13-083: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0283 3584 5-12-084: 1-14 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0284 5568 5-11-085: 1-4;9-16;21-27;34S,NE;35;36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0285 2048 5-14-085: 17-20;29-32 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0286 6912 5-22-089: 10-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0287 7936 (CRG000103) 5-24-089: 1;4-9;11-34 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0288 6144 5-18-090: 3-10;17-20;25-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0289 9216 5-19-090: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0290 7680 5-23-090: 1-27;34-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0291 9216 5-22-091: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0292 9216 5-19-092: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0293 9216 5-20-092: 1-36 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- 15 112,000.00 HA TOTALS END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2011, APRIL 20 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 2011, APRIL 20 PUBLIC OFFERING NOTICE CRG000103 LEASE L0287 ALL LAND(S) IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: DAVE MOYLES SENIOR WILDLIFE BIOLOGIST PEACE RIVER OFFICE - FISH AND WILDL IFE DEPT. OF SUSTAINABLE RESOURCE D EV 9621 96 AVE PO BAG 900 26 PEACE RIVER AB T8S 1T4 (780) 624-6405 ------------------------------------------------------------------------------------- CRG000128 LAND DESCRIPTION LEASE L0279 4-18-074: 1SEP;5WP;6;7W,NEP;8WP;19SP,NWP;21NEP;26NWP; 27SP,NW,NEP;28SP,N;29EP;30WP;32EP;33;34; 35SP,N IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: BILL BLACK LAND USE SPECIALIST ATHABASCA OFFICE - RANGELAND DISTRI CT-LANDS DIVISION DEPT. OF SUSTAINA BLE RESOURCE DEV 4901 50 ST ATHABASCA AB T9S 1E2 (780) 675-8168 ------------------------------------------------------------------------------------- TSH001601 LAND DESCRIPTION LEASE L0280 5-11-082: 12L1,L8,L9,L16;31NE,L8;32N,L5-L8;33L12,L13; 35NE,L7,L8,L11,L14;36NW,L5,L6,L15 LEASE L0281 5-12-083: 1S,L9-L11;3L5,L12,L13;4;5N,SE,L3,L5,L6;6L13; 7L4,L5;8SE,L3;9SW,L1,L2,L7 LEASE L0282 5-13-083: 1N,L5-L7;2NE,L7,L8,L11,L14;11S,NE,L11,L12, L14;12;13SW,L1,L2,L7,L12;14SE,L3,L6,L9,L10 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 HIGH PRAIRIE OFFICE - FISH AND WILD LIFE DEPT. OF SUSTAINABLE RESOURCE DEV PROVINCIAL BUILDING 5226 53 AVE PO BOX 1500 HIGH PRAIRIE AB T0G 1E0 (780) 523-6521 ------------------------------------------------------------------------------------- END