ACCEPTED OFFERS PUBLIC OFFERING CROWN PETROLEUM AND NATURAL GAS RIGHTS ENERGY

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1 ACCEPTED OFFERS PUBLIC OFFERING OF CROWN PETROLEUM AND NATURAL GAS RIGHTS OFFERED May 13, 2009 ENERGY

2 ALBERTA DEPARTMENT OF ENERGY Page 1 of 5 ** PLAINS REGION ** A0001 ( ) 100% STANDARD LAND COMPANY INC. 2, A0002 ( ) 100% STANDARD LAND COMPANY INC. 2, A0003 ( ) 100% OAKMONT ENERGY LTD. 8, A0004 ( ) 100% KI EXPLORATION INC. 2, A0005 ( ) 100% DIRECT ENERGY MARKETING LIMITED 9, A0006 ( ) 100% DIRECT ENERGY MARKETING LIMITED 3, A0007 ( ) 100% GRAND PRIX ENERGY LTD. 8, A0008 ( ) 100% TRISTAR OIL & GAS LTD. 8, A0009 ( ) 100% RANGER LAND SERVICES LTD. 31, A0010 ( ) 100% RONDO PETROLEUM INC. 5, A0011 ( ) 100% RONDO PETROLEUM INC. 3, A0012 ( ) 100% RONDO PETROLEUM INC. 1, A0013 ( ) 100% SCOTT LAND & LEASE LTD. 16, A0014 ( ) 100% NUVISTA ENERGY LTD. 11, A0015 ( ) 100% LITTLE EAGLE RESOURCES INC A0016 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 8, A0017 ( ) 100% LITTLE EAGLE RESOURCES INC A0018 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 25, A0019 ( ) 100% EXXONMOBIL CANADA LTD. 20, A0020 ( ) 100% TAQA NORTH LTD. 10, A0021 ( ) 100% SIRIUS ENERGY INC. 13, A0022 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 68, A0023 ( ) 100% PARAMOUNT RESOURCES LTD. 55, A0024 ( ) 100% STANDARD LAND COMPANY INC. 205, A0025 ( ) 100% MARTIN HEAD OIL & GAS LTD. 5, A0026 ( ) 100% STANDARD LAND COMPANY INC. 70, A0027 ( ) 100% STANDARD LAND COMPANY INC. 70, A0028 ( ) 100% DORADO ENERGY INC. 21, A0029 ( ) 100% LANDSOLUTIONS INC. 29, A0030 ( ) 100% WESTERN LAND SERVICES CO. LTD. 78, A0031 ( ) 100% ECHOEX LTD. 6, A0032 ( ) 100% ECHOEX LTD. 6, A0033 ( ) 70% HANNA OIL & GAS COMPANY - CANADA ULC 1, % FIREFLY RESOURCES LTD. A0034 ( ) 100% WESTERN LAND SERVICES CO. LTD. 49, A0035 ( ) 100% SCOTT LAND & LEASE LTD. 6, A0036 ( ) 100% CANOL RESOURCES LTD. 6, A0037 ( ) 100% SCOTT LAND & LEASE LTD. 68, A0038 ( ) 50% OMERS ENERGY INC. 55, A0039 ( ) 100% PARAMOUNT ENERGY OPERATING CORP. 2, A0040 ( ) 100% PARAMOUNT ENERGY OPERATING CORP. 2,

3 ALBERTA DEPARTMENT OF ENERGY Page 2 of 5 A0041 ( ) 50% OMERS ENERGY INC. 5, A0042 ( ) 50% OMERS ENERGY INC. 5, A0043 ( ) 100% RAVENWOOD ENERGY CORP. 13, A0044 ( ) 100% SCOTT LAND & LEASE LTD. 16, A0045 ( ) 50% OMERS ENERGY INC. 5, A0046 ( ) 50% OMERS ENERGY INC. 5, A0047 ( ) 100% SCOTT LAND & LEASE LTD. 19, ** NORTHERN REGION ** A0048 ( ) 100% PETROGLOBE INC. 14, A0049 ( ) 100% DEVON ARL CORPORATION 8, A0050 ( ) 100% BLAZE ENERGY LTD. 21, A0051 ( ) 100% CONTOUR ENERGY LTD. 12, A0052 ( ) 100% HANNA OIL & GAS COMPANY - CANADA ULC 1, A0053 ( ) 100% MADISON LAND CO. LTD. 130, A0054 ( ) 100% BRISTOL LAND & LEASING LTD. 156, A0055 ( ) 100% BRITT RESOURCES LTD. 22, A0056 ( ) 100% SCOTT LAND & LEASE LTD. 71, A0057 ( ) 100% SCOTT LAND & LEASE LTD. 85, A0058 ( ) 35% GOLDEYE PETROLEUM LTD. 3, % HANNA OIL & GAS COMPANY - CANADA ULC 30% FIREFLY RESOURCES LTD. A0059 ( ) 100% STANDARD LAND COMPANY INC. 26, A0060 ( ) 100% SCOTT LAND & LEASE LTD. 14, A0061 ( ) 100% CANADIAN FOREST OIL LTD. 9, A0062 ( ) 100% UNCONVENTIONAL GAS RESOURCES CANADA 29, OPERATING, INC. A0063 ( ) 100% UNCONVENTIONAL GAS RESOURCES CANADA 29, OPERATING, INC. A0064 ( ) 100% UNCONVENTIONAL GAS RESOURCES CANADA 29, OPERATING, INC. A0065 ( ) 100% SANDSTONE LAND & MINERAL COMPANY LTD. 80, A0066 ( ) 100% MAVERICK LAND CONSULTANTS LTD. 143, A0067 ( ) 100% SCOTT LAND & LEASE LTD. 70, A0068 ( ) 100% CALTEX ENERGY INC. 1, A0069 ( ) 100% CANADIAN COASTAL RESOURCES LTD. 87, A0070 ( ) 100% SCOTT LAND & LEASE LTD. 20, A0071 ( ) 100% SCOTT LAND & LEASE LTD. 38, A0072 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 19, A0073 ( ) 100% BONUS ENERGY LTD. 51, A0074 ( ) 100% ZAPATA ENERGY CORPORATION 5, A0075 ( ) 100% TERRA ENERGY CORP. 7, A0076 ( ) 100% CROCOTTA ENERGY INC. 13, A0077 ( ) 100% PARAMOUNT ENERGY OPERATING CORP

4 ALBERTA DEPARTMENT OF ENERGY Page 3 of 5 A0078 ( ) 100% PARAMOUNT ENERGY OPERATING CORP A0079 ( ) 100% PARAMOUNT ENERGY OPERATING CORP. 6, A0080 ( ) 100% CHARTER LAND SERVICES INC. 219, A0081 ( ) 100% CHARTER LAND SERVICES INC. 296, , A0082 ( ) 100% STANDARD LAND COMPANY INC. 42, A0083 ( ) 100% CAYMAN ENERGY INC. 248, A0084 ( ) 100% STONEWATER RESOURCES INC. 168, A0085 ( ) 100% STONEWATER RESOURCES INC. 168, A0086 ( ) 100% STONEWATER RESOURCES INC. 78, A0087 ( ) 100% HURON ENERGY CORPORATION 83, A0088 ( ) 100% EXSHAW OIL CORP. 6, A0089 ( ) 100% BUFFALO RESOURCES CORP. 36, A0090 ( ) 100% WAVE ENERGY LTD. 5, A0091 ( ) 100% WAVE ENERGY LTD. 5, A0092 ( ) 100% WAVE ENERGY LTD. 2, A0093 ( ) 100% WAVE ENERGY LTD. 2, A0094 ( ) 100% CAVALIER LAND LTD. 6, A0095 ( ) 100% ITERATION ENERGY LTD A0096 ( ) 100% ITERATION ENERGY LTD A0097 ( ) 100% ITERATION ENERGY LTD A0098 ( ) 100% ITERATION ENERGY LTD A0099 ( ) 100% ITERATION ENERGY LTD A0100 ( ) 100% STANDARD LAND COMPANY INC. 22, A0101 ( ) 100% STANDARD LAND COMPANY INC. 14, A0102 ( ) 100% PROTERRA LANDWORKS INC. 6, A0103 ( ) 100% PROTERRA LANDWORKS INC. 6, A0104 ( ) 100% CAVALIER LAND LTD. 6, A0105 ( ) 100% PROTERRA LANDWORKS INC. 16, A0106 ( ) 100% PROTERRA LANDWORKS INC. 39, A0107 ( ) 100% PROTERRA LANDWORKS INC. 15, A0108 ( ) 100% SCOTT LAND & LEASE LTD. 115, A0109 ( ) 100% STANDARD LAND COMPANY INC. 54, A0110 ( ) 100% ITERATION ENERGY LTD A0111 ( ) 100% CAVALIER LAND LTD. 6, A0112 ( ) 100% SCOTT LAND & LEASE LTD. 115, A0113 ( ) 100% RANGER LAND SERVICES LTD. 116, A0114 ( ) 100% APACHE CANADA LTD. 3, ** FOOTHILLS REGION ** A0115 ( ) 100% BONAVISTA PETROLEUM LTD. 154, , A0116 ( ) 100% SCOTT LAND & LEASE LTD. 231,

5 ALBERTA DEPARTMENT OF ENERGY Page 4 of 5 *** LEASE TOTALS *** Region Bonus Hectares $ / Ha PLAINS REGION 1,078, , NORTHERN REGION 3,129, , FOOTHILLS REGION 386, , Total : 4,594, ,

6 ALBERTA DEPARTMENT OF ENERGY Page 5 of 5 ** NORTHERN REGION ** B0117 ( ) 100% RANGER LAND SERVICES LTD. 80, B0118 ( ) 100% SCOTT LAND & LEASE LTD. 103, B0119 ( ) 100% STANDARD LAND COMPANY INC. 281, B0120 ( ) 100% STANDARD LAND COMPANY INC. 211, B0121 ( ) 100% STANDARD LAND COMPANY INC. 59, B0122 ( ) 100% STANDARD LAND COMPANY INC. 281, B0123 ( ) 100% STANDARD LAND COMPANY INC. 131, B0124 ( ) 100% STANDARD LAND COMPANY INC. 11, B0125 ( ) 100% STANDARD LAND COMPANY INC. 11, B0126 ( ) 100% SECOND WAVE PETROLEUM INC. 2, B0127 ( ) 100% SECOND WAVE PETROLEUM INC. 7, B0128 ( ) 100% SECOND WAVE PETROLEUM INC. 22, B0129 ( ) 100% BANCROFT OIL AND GAS LTD. 21, B0130 ( ) 100% SECOND WAVE PETROLEUM INC. 33, B0131 ( ) 100% SECOND WAVE PETROLEUM INC. 2, B0132 ( ) 100% SCOTT LAND & LEASE LTD. 67, B0133 ( ) 100% SCOTT LAND & LEASE LTD. 47, B0134 ( ) 100% OMERS ENERGY INC. 71, B0135 ( ) 100% STANDARD LAND COMPANY INC. 118, B0136 ( ) 50% OMERS ENERGY INC. 72, B0137 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 155, B0138 ( ) 100% SCOTT LAND & LEASE LTD. 403, B0139 ( ) 100% EXSHAW OIL CORP. 20, B0140 ( ) 100% STONEWATER RESOURCES INC. 98, *** LICENCE TOTALS *** Region Bonus Hectares $ / Ha PLAINS REGION NORTHERN REGION 2,315, , FOOTHILLS REGION Total : 2,315, , **** COMBINED LEASE & LICENSE TOTALS **** Region Bonus Hectares $ / Ha PLAINS REGION 1,078, , NORTHERN REGION 5,445, , FOOTHILLS REGION 386, , Total : 6,910, ,

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