2012 MAY 02 PUBLIC OFFERING OF CROWN OIL SANDS RIGHTS PUBLIC OFFERING CONTROL COUNTS FOR 2012.05.02 From To Total Area LEASES: L0190 L0211 22 5,386.3000 ha. PERMITS: P0212 P0213 2 3,266.7680 ha. -------------------------- 24 8,653.0680 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 2012 May 02. 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 2012 May 02 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. 2012 March 07 Renée Matsuba - Manager EDMONTON, Alberta Oil Sands Tenure LEASE SCHEDULE OIL SANDS LEASES 2012, MAY 02 LEASE HECTARES LAND DESCRIPTION ----- -------- ---------------- --- PEACE RIVER OS AREA --- L0190 256 5-11-081: 13 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0191 256 5-11-081: 14 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0192 256 5-11-081: 15 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0193 256 5-11-081: 16 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0194 256 5-11-081: 17 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0195 256 5-11-081: 18 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0196 256 5-11-081: 19 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0197 256 5-11-081: 20 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0198 256 5-11-081: 21 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0199 256 5-11-081: 22 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0200 152.4 5-11-081: 24E,WP PORTION(S) LYING OUTSIDE UTIKOOMAK LAKE INDIAN RESERVE NO. 155B. OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0201 209.1 5-11-081: 25N,SE,SWP PORTION(S) LYING OUTSIDE UTIKOOMAK LAKE INDIAN RESERVE NO. 155B. OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0202 160.8 5-11-081: 26SP,N PORTION(S) LYING OUTSIDE UTIKOOMAK LAKE INDIAN RESERVE NO. 155B. OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0203 256 5-11-081: 27 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0204 256 5-11-081: 28 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0205 256 5-11-081: 29 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0206 256 5-11-081: 30 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0207 256 5-11-081: 31 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0208 256 5-11-081: 32 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0209 256 5-11-081: 33 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0210 256 5-11-081: 34 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- L0211 256 5-11-081: 35 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- 22 5,386.30 HA TOTALS END PERMIT SCHEDULE OIL SANDS PERMITS 2012, MAY 02 PERMIT HECTARES LAND DESCRIPTION ------ -------- ---------------- --- PEACE RIVER OS AREA --- P0212 1218.768 5-11-080: 25SP,N;26SP,N;34-36 PORTION(S) LYING OUTSIDE UTIKOOMAK LAKE INDIAN RESERVE NO. 155. OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- P0213 2048 5-11-081: 1-4;9-12 OIL SANDS BELOW THE TOP OF THE PEACE RIVER FM (DRRZD 40) TO THE BASE OF THE PEKISKO FM (DRRZD 174) ------------------------------------------------------------------------------------- 2 3,266.77 HA TOTALS END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2012, MAY 02 PUBLIC OFFERING NOTICE 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 ------------------------------------------------------------------------------------- END