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SOUTH RESTON, MANITOBAT6-R26-W1M

Petro One maintains a 100% working interest in the South Reston area of SW Manitoba (SW/4 18 and S/2 17-6-26W1M). The interest is located on the regional Mission Canyon Tilston erosional edge on trend between the Mission Canyon 1H pool on the west and the Mission Canyon 1G pool on the east. Both existing pools were developed horizontally by the Tundra Oil and Gas Partnership. Petro One drilled and cased a 960m Mission Canyon test on the South Reston lease. To date this well has not been completed.

SOUTH RESTON AREA, MBV LANDS, LEASES, INTEREST AND ENCUMBRANCES