(As at December 31, 2008)

• The Corporation has various working interests in 124,607 (99,555 net) acres of undeveloped land in Northwest Alberta and Northeast BC.

• Production sales from the area rose 13 percent to 520 boe/d in 2008 compared to 462 boe/d in 2007.

• Net sales from the area in 2008 were 2,317 mcf/d of natural gas and 133 bbls/d of oil and NGL for a total of 520 boe/d.

Year Ended Dec. 31	2008	2007	% Change
Production
Natural Gas (mcf/d)	2,317	2,159	7%
Oil (bbls/d)	31	47	(34%)
NGL (bbls/d)	102	56	82%
Total BOE/D	520	462	13%
Undeveloped land (gross acres)	124,607	73,005	71%