NOTICE OF CHANGE (AMENDMENTS/WITHDRAWALS) PUBLIC OFFERING OF CROWN PETROLEUM AND NATURAL GAS RIGHTS 2011 AUGUST 10 2011 July 05 Christine Rudland - Manager EDMONTON, Alberta P&NG Sales and Registrations LICENCE SCHEDULE PETROLEUM AND NATURAL GAS LICENCES 2011, AUGUST 10 LICENCE HECTARES LAND DESCRIPTION ------- -------- ---------------- THE FOLLOWING PARCEL(S) SHOULD READ AS FOLLOWS --- NORTHERN REGION --- B0198 7680 (ADM001902) (CRG000103) (CRG000153) (CRG000154) TRACT ONE 5-07-096: 21;30-33 5-07-097: 4-9;16-18 5-08-096: 23;25;26;35;36 5-08-097: 1;2;11-14 PETROLEUM AND NATURAL GAS TRACT TWO 5-07-096: 19;20;28;29 5-08-096: 24 PETROLEUM AND NATURAL GAS BELOW THE BASE OF THE MANNVILLE GRP (DRRZD 4) ------------------------------------------------------------------------------------- END APPENDIX 2 DEEPER RIGHTS REVERSION ZONE DESIGNATIONS APPLICABLE TO THE 2011, AUGUST 10 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 APPENDIX 3 ADDENDA AND CONTACTS APPLICABLE TO THE 2011, AUGUST 10 PUBLIC OFFERING NOTICE ADM001902 LICENCE B0198 ALL LAND(S) IS/ARE WITHIN AN OIL SANDS AREA AS DESIGNATED BY THE ENERGY RESOURCES CONSERVATION BOARD (ERCB). SOLUTION GAS IS EXPRESSLY EXCLUDED FROM THE PETROLEUM AND NATURAL GAS RIGHTS GRANTED UNDER CROWN AGREEMENTS ISSUED IN RESPECT OF OIL SANDS AREAS. MOREOVER, PRODUCTION OF GAS FROM THE LAND(S) IN THIS AGREEMENT MAY BE DISALLOWED OR PRECLUDED BY ORDER OF THE ERCB OR OTHERWISE, ON THE GROUNDS THAT SUCH PRODUCTION MAY DETRIMENTALLY AFFECT THE RECOVERABILITY OF OIL SANDS FROM THOSE LANDS. BY ACCEPTING THIS AGREEMENT FOR THE PETROLEUM AND NATURAL GAS RIGHTS IN THESE LANDS, THE LESSEE/ LICENSEE HEREBY ACKNOWLEDGES ALL OF THE ABOVE, AND THAT PRODUCTION OF GAS FROM THE LANDS IN THIS AGREEMENT MAY BY ORDER OF THE ERCB OR OTHERWISE BE PRECLUDED OR DISALLOWED, AND HEREBY WAIVES ANY RECOURSE, ACTION, CAUSE OF ACTION OR CLAIM THAT THE LESSEE/LICENSEE MAY HAVE AGAINST THE CROWN IN RIGHT OF ALBERTA AS A RESULT OF OR IN RELATION TO ITS INABILITY FOR ANY OF THE ABOVE REASONS OR FOR ANY OTHER REASON WHATSOEVER TO PRODUCE GAS FROM THE LANDS IN THIS AGREEMENT. FOR THE DEFINITION OF SOLUTION GAS AND OTHER RELEVANT INFORMATION, PLEASE REFER TO INFORMATION LETTER 99-38. FOR CURRENT POLICY ON NATURAL GAS PRODUCTION IN THE OIL SANDS ZONES IDENTIFIED WITHIN OIL SANDS AREAS, PLEASE REFER TO AEUB INTERIM DIRECTIVE 99-01. SURFACE ACCESS IS NOT AFFECTED FOR FURTHER INFORMATION, PLEASE CONTACT: CHRIS RUDLAND MANAGER, SALES AND REGISTRATIONS ALBERTA DEPARTMENT OF ENERGY 9945 108 ST EDMONTON AB T5K 2G6 (780) 422-9426 ------------------------------------------------------------------------------------- CRG000103 LAND DESCRIPTION LICENCE B0198 5-07-097: 4-9;16-18 5-08-097: 1;2;11-14 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 WILDLIFE DEPT. OF SUSTAINABLE RESOURCE DEV 9621 96 AVE PO BAG 900 26 PEACE RIVER AB T8S 1T4 (780) 624-6405 ------------------------------------------------------------------------------------- CRG000153 LAND DESCRIPTION LICENCE B0198 5-07-096: 19-21;28-33 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: THERESE YACYSHYN OPERATIONS SECTION HEAD HIGH PRAIRIE OFFICE - LAND USE AREA -LANDS DIVISION DEPT. OF SUSTAINABLE RESOURCE DEV PO BOX 149 HIGH PRAIRIE AB T0G 1E0 (780) 523-6524 ------------------------------------------------------------------------------------- CRG000154 LAND DESCRIPTION LICENCE B0198 5-08-096: 23-26;35;36 IS/ARE WITHIN AN IMPORTANT CARIBOU RANGE. SURFACE ACCESS IS SUBJECT TO SPECIFIC RESTRICTIONS FOR FURTHER INFORMATION, PLEASE CONTACT: THERESE YACYSHYN OPERATIONS SECTION HEAD HIGH PRAIRIE OFFICE - LAND USE AREA -LANDS DIVISION DEPT. OF SUSTAINABLE RESOURCE DEV PO BOX 149 HIGH PRAIRIE AB T0G 1E0 (780) 523-6524 ------------------------------------------------------------------------------------- END