Oil and Gas Assets for Sale

GOLDEN SPIKE AREA OIL WINDOW

16,000-Contiguous Acres. 4-Year Term

TARGETING DUVERNAY

Total Vertical Depth: ~2,000 Meters

Thick Pay Zone. 40-50 Meters

Hybrid Shale / Carbonate Reservoir

Tmax of 444. TOC wt% 9.86

Top & Bottom Seals

100% OPERATED WI. No Encumbrances

Crown Royalty Holiday.

Offset IP30: 795 BOED (71% Liquids)

Estimated EUR/Well: 645 MBOE

D&C Cost/Well: ~$5.0 MM

SET TO CLOSE - JULY 2022

L 30823DV

Energy Advisors Group

Mr. Steve Henrich

Director

650, 727 - 7th Avenue SW

Calgary, AB T2P 0Z3

Phone: 403-294-1906

Email: shenrich@energyadvisors.com