Reserves:
Proved + Probable remaining recoverable oil and gas reserves = 401 Mboe as per Paddock Lindstrom & Associates Ltd. evaluation of CEC’s Canadian oil and gas properties (effective June 30, 2008)

 

ALBERTA

KAKWA NON-UNIT, Alta.
Operator: Paramount Resouces Ltd
CEC interest: 6.25% to 12.5% working interest plus 2.5% to 5% Gross Overriding Royalty interest
Number of producing Wells: 7

KAKWA CARDIUM A UNIT, Alta.
Operator: Husky oil Operations Limited
CEC Interest: 0.13289% working interest plus 0.05316% Gross Overriding Royalty Interest
Number of Producing Wells: 30

 

WILLESDEN GREEN, Alta.
Operator: NAL Resources
CEC Interest: 19.12% to 27.47% working interest
Number of Producing Wells: 11

 

GRAND FORKS, Alta.
Operator: Circumpacific Energy Corp.
CEC Interest: 100%
Number of Producing Wells: 4

 

SASKATCHEWAN

 

COLGATE, Sask.
Name of Operator: Enermark Inc.
CEC Interest: 7.43% to 12.08% working interest
Number of Producing Wells: 13