2011 OCTOBER 19 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS PUBLIC OFFERING CONTROL COUNTS FOR 2011.10.19 From To Total Area LEASES: L0264 L0266 3 583.6000 ha. PERMITS: P0000 P0000 0 0.0000 ha. -------------------------- 3 583.6000 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 October 19. 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 October 19 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 August 24 Renée Matsuba - Manager EDMONTON, Alberta Oil Sands Tenure LEASE SCHEDULE OIL SANDS LEASES 2011, OCTOBER 19 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- COLD LAKE OS AREA --- L0264 71.6 4-03-056: 23NP PORTION(S) LYING OUTSIDE UNIPOUHEOS INDIAN RESERVE NO. 121. OIL SANDS BELOW THE TOP OF THE MANNVILLE GRP (DRRZD 4) TO THE BASE OF THE MANNVILLE GRP (DRRZD 4) ------------------------------------------------------------------------------------- L0265 256 4-09-063: 28 OIL SANDS IN THE MANNVILLE GRP (DRRZD 4) ------------------------------------------------------------------------------------- L0266 256 4-10-063: 26 OIL SANDS IN THE MANNVILLE GRP (DRRZD 4) ------------------------------------------------------------------------------------- 3 583.60 HA TOTALS END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2011, OCTOBER 19 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 ------------------------------------------------------------------------------------- END