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 August 08, 2007 ENERGY

2 ALBERTA DEPARTMENT OF ENERGY Page 1 of 7 ** PLAINS REGION ** A0001 ( ) 100% SCOTT LAND & LEASE LTD. 8, A0002 ( ) 100% AGADIR RESOURCES INC. 10, A0003 ( ) 100% AGADIR RESOURCES INC. 15, A0004 ( ) 100% GIANT OIL & GAS INC A0005 ( ) 100% BONAVISTA PETROLEUM LTD. 32, , A0006 ( ) 100% SANDSTONE LAND & MINERAL COMPANY LTD. 99, A0007 ( ) 100% LANDSOLUTIONS INC. 33, A0008 ( ) 100% SCOTT LAND & LEASE LTD. 26, A0009 ( ) 100% AGADIR RESOURCES INC. 55, A0010 ( ) 100% AGADIR RESOURCES INC. 44, A0011 ( ) 100% AGADIR RESOURCES INC. 66, A0012 ( ) 100% STANDARD LAND COMPANY INC. 15, A0013 ( ) 100% CAVALIER LAND LTD. 7, A0014 ( ) 100% C & C ENERGY LTD. 3, A0015 ( ) 100% C & C ENERGY LTD. 3, A0016 ( ) 50% FLINALTA RESOURCES LTD. 1, % SIERRA ENERGY INC. A0017 ( ) 50% FLINALTA RESOURCES LTD. 12, % SIERRA ENERGY INC. A0018 ( ) 100% ALBERTA LTD. 12, A0019 ( ) 100% ALBERTA LTD. 16, A0020 ( ) 100% RAVENWOOD ENERGY CORP. 26, A0021 ( ) 100% HUSKY OIL OPERATIONS LIMITED 172, , A0022 ( ) 100% DIRECT ENERGY MARKETING LIMITED 61, A0023 ( ) 100% STANDARD LAND COMPANY INC. 266, , A0024 ( ) 100% MOSAIC ENERGY LTD. 147, A0025 ( ) 100% CANADIAN SUPERIOR ENERGY INC. 47, A0026 ( ) 100% SCOTT LAND & LEASE LTD. 78, A0027 ( ) 100% SCOTT LAND & LEASE LTD. 42, A0028 ( ) 100% SCOTT LAND & LEASE LTD. 32, A0029 ( ) 100% SCOTT LAND & LEASE LTD. 9, A0030 ( ) 100% SCOTT LAND & LEASE LTD. 18, A0031 ( ) 100% SCOTT LAND & LEASE LTD. 57, A0032 ( ) 100% MOSAIC ENERGY LTD. 16, A0033 ( ) 100% STANDARD LAND COMPANY INC. 66, A0034 ( ) 100% MOSAIC ENERGY LTD. 11, A0035 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 16, A0036 ( ) 100% ZAPATA ENERGY CORPORATION 13, A0037 ( ) 100% MOSAIC ENERGY LTD. 39, A0038 ( ) 100% MOSAIC ENERGY LTD. 64, A0039 ( ) 100% MOSAIC ENERGY LTD. 19, A0040 ( ) 100% PETROLAND SERVICES (1986) LTD. 43, A0041 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 25,

3 ALBERTA DEPARTMENT OF ENERGY Page 2 of 7 A0042 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 26, A0043 ( ) 100% CARIBOU LAND SERVICES LTD. 7, A0044 ( ) 100% CARIBOU LAND SERVICES LTD. 4, A0045 ( ) 100% CARIBOU LAND SERVICES LTD. 7, A0046 ( ) 100% MOSAIC ENERGY LTD. 11, A0047 ( ) 100% MOSAIC ENERGY LTD. 19, A0048 ( ) 100% MOSAIC ENERGY LTD. 45, A0049 ( ) 80% STONE PETROLEUMS LTD. 7, A0050 ( ) 100% MOSAIC ENERGY LTD. 11, A0051 ( ) 100% MOSAIC ENERGY LTD. 11, A0052 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 10, A0053 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 21, A0054 ( ) 100% ATHLONE ENERGY LTD. 66, A0055 ( ) 100% MOSAIC ENERGY LTD. 1, A0056 ( ) 100% ZARGON OIL & GAS LTD. 77, A0057 ( ) 100% PENN WEST PETROLEUM LTD. 68, A0058 ( ) 100% MOSAIC ENERGY LTD. 90, A0059 ( ) 100% CULANE ENERGY CORP. 131, A0060 ( ) 100% CULANE ENERGY CORP. 131, A0061 ( ) 100% ZARGON OIL & GAS LTD. 56, A0062 ( ) 100% ZARGON OIL & GAS LTD. 46, A0063 ( ) 100% NEXEN INC. 487, , A0064 ( ) 100% NEXEN INC. 515, , A0065 ( ) 100% MOSAIC ENERGY LTD. 57, A0066 ( ) 100% CANOIL INC. 49, A0067 ( ) 100% CANOIL INC. 26, A0068 ( ) 100% SPUR RESOURCES LTD. 21, A0069 ( ) 100% PENN WEST PETROLEUM LTD. 12, A0070 ( ) 100% MOSAIC ENERGY LTD. 77, A0071 ( ) 100% MOSAIC ENERGY LTD. 70, A0072 ( ) 100% CANADIAN LANDMASTERS RESOURCE SERVICES LTD. 36, A0073 ( ) 100% SPUR RESOURCES LTD. 21, A0074 ( ) 100% MOSAIC ENERGY LTD. 77, A0075 ( ) 100% EAGLE HYDROCARBONS LTD A0076 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 5, A0077 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 3, A0078 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 5, A0079 ( ) 100% GIANT OIL & GAS INC A0080 ( ) 100% CANADIAN CARDIUM OILS LIMITED 5, A0081 ( ) 100% CANADIAN CARDIUM OILS LIMITED 5, A0082 ( ) 100% CANADIAN CARDIUM OILS LIMITED 5, A0083 ( ) 50% REGENT RESOURCES LTD. 4, % TRANSGLOBE ENERGY CORPORATION

4 ALBERTA DEPARTMENT OF ENERGY Page 3 of 7 A0084 ( ) 100% ITERATION ENERGY LTD. 100, , A0085 ( ) 100% ITERATION ENERGY LTD. 100, , A0086 ( ) 100% ITERATION ENERGY LTD. 50, , A0087 ( ) 50% MIRAGE ENERGY LTD. 54, , % SAHARA ENERGY LTD. A0088 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 56, A0089 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 27, A0090 ( ) 100% CANADIAN CARDIUM OILS LIMITED 2, A0091 ( ) 100% SASKATOON ASSETS INC. 61, A0092 ( ) 100% COWBOY EXPLORATION LTD. 1, A0093 ( ) 100% CANADIAN CARDIUM OILS LIMITED 5, A0094 ( ) 80% STONE PETROLEUMS LTD. 1, A0095 ( ) 100% STANDARD LAND COMPANY INC. 27, A0096 ( ) 100% PARAMOUNT ENERGY OPERATING CORP. 3, , A0097 ( ) 100% STANDARD LAND COMPANY INC. 65, A0098 ( ) 100% STANDARD LAND COMPANY INC. 2, A0099 ( ) 100% STANDARD LAND COMPANY INC. 64, A0100 ( ) 100% BRISTOL LAND & LEASING LTD. 21, A0101 ( ) 100% HUSKY OIL OPERATIONS LIMITED 62, ** NORTHERN REGION ** A0102 ( ) 100% O & G RESOURCE GROUP LTD. 104, A0103 ( ) 100% SCOTT LAND & LEASE LTD. 311, , A0104 ( ) 50% NORTHROCK RESOURCES LTD. 61, % PRIMEWEST ENERGY INC. A0105 ( ) 100% STANDARD LAND COMPANY INC. 35, A0106 ( ) 100% ROCKFORD LAND LTD. 106, A0107 ( ) 50% BURLINGTON RESOURCES CANADA LTD. 186, % NUVISTA ENERGY LTD. A0108 ( ) 100% TRUE NORTH LAND SERVICES LTD. 480, , A0109 ( ) 100% SCOTT LAND & LEASE LTD. 179, A0110 ( ) 100% DEVON ARL CORPORATION 91, A0111 ( ) 100% DEVON ARL CORPORATION 49, A0112 ( ) 100% CANADIAN COASTAL RESOURCES LTD. 544, , A0113 ( ) 100% CANADIAN COASTAL RESOURCES LTD. 220, A0114 ( ) 100% WINDFALL RESOURCES LTD. 55, A0115 ( ) 100% SCOTT LAND & LEASE LTD. 16, A0116 ( ) 100% SCOTT LAND & LEASE LTD. 24, A0117 ( ) 100% SCOTT LAND & LEASE LTD. 16, A0118 ( ) 100% BELLY RIVER RESOURCES LTD. 3, A0119 ( ) 100% ROCKY LAYMAN ENERGY INC. 6, A0120 ( ) 100% BOWOOD ENERGY CORP. 24, A0121 ( ) 100% CREW RESOURCES INC. 4, A0122 ( ) 100% COMPTON PETROLEUM CORPORATION 218, A0123 ( ) 100% CAVALIER LAND LTD. 523, ,045.43

5 ALBERTA DEPARTMENT OF ENERGY Page 4 of 7 A0124 ( ) 100% CAVALIER LAND LTD. 639, , A0125 ( ) 100% CAVALIER LAND LTD. 581, , A0126 ( ) 100% CAVALIER LAND LTD. 8, A0127 ( ) 100% CAVALIER LAND LTD. 12, A0128 ( ) 100% SCOTT LAND & LEASE LTD. 1,152, , A0129 ( ) 100% SCOTT LAND & LEASE LTD. 204, , A0130 ( ) 100% SASKATOON ASSETS INC. 410, , A0131 ( ) 100% SASKATOON ASSETS INC. 822, , A0132 ( ) 100% BELLY RIVER RESOURCES LTD. 3, A0133 ( ) 100% SCOTT LAND & LEASE LTD. 4, A0134 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 105, A0135 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 105, A0136 ( ) 100% ROLLING THUNDER EXPLORATION LTD. 69, A0137 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 131, A0138 ( ) 35% GOLDEYE PETROLEUM LTD. 3, % HANNA OIL & GAS COMPANY - CANADA ULC 30% FIREFLY RESOURCES LTD. A0139 ( ) 100% B&G ENERGY LTD. 19, A0140 ( ) 35% GOLDEYE PETROLEUM LTD. 3, % HANNA OIL & GAS COMPANY - CANADA ULC 30% FIREFLY RESOURCES LTD. A0141 ( ) 100% B&G ENERGY LTD. 80, , A0142 ( ) 100% B&G ENERGY LTD. 4, A0143 ( ) 100% MOSAIC ENERGY LTD. 11, A0144 ( ) 100% SCOTT LAND & LEASE LTD. 445, , A0145 ( ) 100% CYRIES ENERGY INC. 22, A0146 ( ) 50% BARNWELL OF CANADA, LIMITED 40, % WILD RIVER RESOURCES LTD. A0147 ( ) 50% BARNWELL OF CANADA, LIMITED 40, % WILD RIVER RESOURCES LTD. A0148 ( ) 100% TRUE ENERGY INC. 9, A0149 ( ) 100% TRUE ENERGY INC. 9, A0150 ( ) 100% DEFIANT RESOURCES CORPORATION 108, A0151 ( ) 100% DEFIANT RESOURCES CORPORATION 72, , A0152 ( ) 100% DEFIANT RESOURCES CORPORATION 217, , A0153 ( ) 100% CALTEX ENERGY INC. 111, A0154 ( ) 100% SCOTT LAND & LEASE LTD. 158, A0155 ( ) 100% SCOTT LAND & LEASE LTD. 182, A0156 ( ) 100% STANDARD LAND COMPANY INC. 361, , A0157 ( ) 100% WINDFALL RESOURCES LTD. 669, , A0158 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 227, A0159 ( ) 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD. 121, A0160 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 15, A0161 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 258, A0162 ( ) 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD. 65, A0163 ( ) 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD. 262,

6 ALBERTA DEPARTMENT OF ENERGY Page 5 of 7 A0164 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 5, A0165 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 5, A0166 ( ) 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD. 64, A0167 ( ) 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD. 5, A0168 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 167, A0169 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 5, A0170 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 18, A0171 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 167, A0172 ( ) 100% HERITAGE FREEHOLD SPECIALISTS & CO. LTD. 91, A0173 ( ) 100% ADVANTAGE OIL & GAS LTD. 45, A0174 ( ) 100% EOG RESOURCES CANADA INC. 32, A0175 ( ) 100% EOG RESOURCES CANADA INC. 32, A0176 ( ) 80% STONE PETROLEUMS LTD. 1, A0177 ( ) 100% ALBERTA LTD. 4, A0178 ( ) 100% ALBERTA LTD. 4, A0179 ( ) 80% STONE PETROLEUMS LTD. 1, A0180 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 53, A0181 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 53, A0182 ( ) 100% MERIDIAN LAND SERVICES (90) LTD. 53, A0183 ( ) 100% CALGAS EXPLORATION LTD. 11, A0184 ( ) 100% CALGAS EXPLORATION LTD. 1, A0185 ( ) 100% CALGAS EXPLORATION LTD. 2, A0186 ( ) 100% FIRSTLAND ENERGY LIMITED 6, A0187 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 11, A0188 ( ) 100% CYRIES ENERGY INC. 8, A0189 ( ) 100% CANADIAN NATURAL RESOURCES LIMITED 16, A0190 ( ) 100% BIRCHCLIFF ENERGY LTD. 119, A0191 ( ) 100% STANDARD LAND COMPANY INC. 43, A0192 ( ) 100% STANDARD LAND COMPANY INC. 43, A0193 ( ) 100% STANDARD LAND COMPANY INC. 43, A0194 ( ) 80% STONE PETROLEUMS LTD. 14, A0195 ( ) 100% SCOTT LAND & LEASE LTD. 318, , A0196 ( ) 100% RANGER LAND SERVICES LTD. 91, A0197 ( ) 100% CELTIC EXPLORATION LTD. 45, A0198 ( ) 100% RANGER LAND SERVICES LTD. 53, A0199 ( ) 100% CELTIC EXPLORATION LTD. 22, A0200 ( ) 100% SCOTT LAND & LEASE LTD. 27, A0201 ( ) 100% BIRCHCLIFF ENERGY LTD. 13, A0202 ( ) 100% LARIO OIL & GAS COMPANY 42, A0203 ( ) 100% LARIO OIL & GAS COMPANY 13, A0204 ( ) 100% PETROLAND SERVICES (1986) LTD. 124,

7 ALBERTA DEPARTMENT OF ENERGY Page 6 of 7 A0205 ( ) 100% ITERATION ENERGY LTD. 66, A0206 ( ) 100% BERKANA ENERGY CORP. 1, A0207 ( ) 100% STANDARD LAND COMPANY INC. 53, A0208 ( ) 100% CANEXT ENERGY LTD. 40, A0209 ( ) 100% CANEXT ENERGY LTD. 13, ** FOOTHILLS REGION ** A0210 ( ) 100% STANDARD LAND COMPANY INC. 52, A0211 ( ) 100% BRISTOL LAND & LEASING LTD. 39, A0212 ( ) 100% RANGER LAND SERVICES LTD. 847, , A0213 ( ) 80% STONE PETROLEUMS LTD. 13, A0214 ( ) 100% STANDARD LAND COMPANY INC. 363, , A0215 ( ) 100% STANDARD LAND COMPANY INC. 329, , A0216 ( ) 100% STANDARD LAND COMPANY INC. 329, , A0217 ( ) 100% STANDARD LAND COMPANY INC. 113, A0218 ( ) 100% STANDARD LAND COMPANY INC. 113, A0219 ( ) 100% STANDARD LAND COMPANY INC. 113, *** LEASE TOTALS *** Region Bonus Hectares $ / Ha PLAINS REGION 4,795, , NORTHERN REGION 13,112, , FOOTHILLS REGION 2,314, , Total : 20,223, ,

8 ALBERTA DEPARTMENT OF ENERGY Page 7 of 7 ** PLAINS REGION ** B0220 ( ) 100% SCOTT LAND & LEASE LTD. 10, B0221 ( ) 100% WINDFALL RESOURCES LTD. 365, B0222 ( ) 100% STANDARD LAND COMPANY INC. 138, ** NORTHERN REGION ** B0223 ( ) 100% RANGER LAND SERVICES LTD. 1,648, , B0224 ( ) 100% NORTHROCK RESOURCES LTD. 89, B0225 ( ) 100% ORLEANS ENERGY LTD. 109, B0226 ( ) 100% ORLEANS ENERGY LTD. 109, B0227 ( ) 100% CELTIC EXPLORATION LTD. 148, B0228 ( ) 100% CELTIC EXPLORATION LTD. 432, , B0229 ( ) 100% CANADIAN LANDMASTERS RESOURCE SERVICES LTD. 47, B0230 ( ) 100% STANDARD LAND COMPANY INC. 175, B0231 ( ) 100% SCOTT LAND & LEASE LTD. 403, , B0232 ( ) 100% SCOTT LAND & LEASE LTD. 131, B0233 ( ) 100% SCOTT LAND & LEASE LTD. 131, B0234 ( ) 100% BIRCHCLIFF ENERGY LTD. 59, B0235 ( ) 94% PARAMOUNT ENERGY OPERATING CORP % GIANT GROSMONT PETROLEUMS LTD. B0236 ( ) 94% PARAMOUNT ENERGY OPERATING CORP. 1, % GIANT GROSMONT PETROLEUMS LTD. B0237 ( ) 94% PARAMOUNT ENERGY OPERATING CORP. 1, % GIANT GROSMONT PETROLEUMS LTD. B0238 ( ) 94% PARAMOUNT ENERGY OPERATING CORP. 5, % GIANT GROSMONT PETROLEUMS LTD. ** FOOTHILLS REGION ** B0239 ( ) 100% SCOTT LAND & LEASE LTD. 5, B0240 ( ) 100% SCOTT LAND & LEASE LTD. 272, B0241 ( ) 100% SCOTT LAND & LEASE LTD. 1,133, , B0242 ( ) 100% SCOTT LAND & LEASE LTD. 1,129, , *** LICENCE TOTALS *** Region Bonus Hectares $ / Ha PLAINS REGION 514, , NORTHERN REGION 3,496, , FOOTHILLS REGION 2,540, , Total : 6,551, , **** COMBINED LEASE & LICENSE TOTALS **** Region Bonus Hectares $ / Ha PLAINS REGION 5,310, , NORTHERN REGION 16,608, , FOOTHILLS REGION 4,855, , Total : 26,774, ,

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