Mitsue, Alberta – Marten Lakes

Property Description 

• Located in Townships 76-77, Ranges 4-6  W5M, approximately 200 kilometers Northwest of Edmonton, Alberta
• 80,000 acres (gross), 124.4 sections (gross)
• 58,800 acres (net), 91.5 sections (net)

Geology 

• Primary producing horizon is the Gilwood Formation from two zones

 Product Quality 

• Sweet 40^o  API Oil

 Ownership Interest and Operatorship 

• 73.5% Working Interest Operated by Exall Energy Corporation

 Production 

• 0 producing wells
• Currently producing approximately 0 bopd 

 Capital Expenditures 

• Currently there are no drills planned for the fall of 2012 and no wells planned for 2013 

 Net to Exall

• Currently approximately 0 boe/d