Moya Little, President
Western Divestments
Suite 105, 214 - 11 Avenue SE,
Calgary, Alberta, Canada
T2G 0X8

Phone: (403) 543-4080

> Conclusion

The complete project plan sees a total of 330 production wells in a proven reserve field on two tracts of land in the county. Two phases of development are initially contemplated, with two – ten well packages under consideration in addition to completion and tie in of four previously drilled suspended wells. The company has access to a significant 3D seismic data based which will be utilized to significantly reduce drilling risk on the proposed development programs. Economics of the project are driven by the under-utilization of oilfield assets and management’s expertise at low cost production. Targeting multiple formations and with low transportation expenses due to existing infrastructure also mitigates risk, while at the same time improving project metrics.

A complete set of technical and economic data is available for this prospect and can be ordered by completing the Confidentiality Agreement and emailing it to moyalittle@westerndivestments.com, or mail to Western Divestments Inc., 105, 214 – 11 Avenue SE, Calgary, Alberta, Canada T2G 0X8. Attention Moya Little.