CORPORATE OVERVIEW

www.petrelrob.com “Worldwide Petroleum Consulting”

• Canada’s leading petroleum geoscience consultancy

• Founded in 1985 in Calgary, Alberta• Predecessors Robertson Research Canada and Petrel Consultants• Employee-owned, 18 employees

• Experienced core of petroleum geoscience professionals, augmented by a network of supporting consultants• Access to multidisciplinary teams tailored to solve a variety of

projects and challenges

• Extensive Canadian and international experience

• Brad J. Hayes (PhD, P.Geol) – President• >30 years – Shell, Canadian Hunter, Dorset, Chauvco

• Alula Damte (PhD, P.Geol) – Director• 18 years – Mobil, Central European Petroleum

• Kathleen Dorey (B.Sc., P.Geoph) – Chief Geophysicist• 30 years – Texaco, Conoco, Ulster, BG International

• William McDougall (M.Sc., P.Geol) – Chief Geologist• >30 years – GSC, Obann Consulting

• Peter E. Putnam (PhD, P.Geol) – Chairman• >30 years – Husky, OSUM, Central European Petroleum

• Exploration Advice, Assessment and Planning• “Exploration Department for Hire”

• Exploitation / Development Planning

• Integrated / Multidisciplinary Reservoir Studies

• Operational Support

• Property Evaluations

• Petroleum Geoscience Consulting Services

• Advanced Petroleum Geoscience Training

• Expert Witness Services

• Multinational oil companies

• Large independents

• Industry producer groups

• Junior producers

• National oil companies

• Banks/investment houses

• Canadian and international government and regulatory agencies

• Legal firms

• Subsurface Mapping

• Core Logging

• Stratigraphic and sedimentologic analysis

• Petrography

• Structural Geology

• Field Mapping

• Geological database construction and management

• Hydrogeology

• Organic Petrology

• Reservoir characterization

• Seismic Acquisition

• Seismic Interpretation

• Geostatistical Reservoir Modeling

• Quantitative Petrophysical Analysis

• Extensive operating company experience• Geoscience and business advice supporting exploration and

development strategy, land, drilling, and completions activities

• Current projects:• Canadian shale gas exploration• East Germany (exploration onshore

and offshore)• Chile (exploration)• New Zealand (oil development)• Hibernia (offshore development)• Kazakhstan (heavy oil development)• Oil sands assessment and exploration

(U.S., Canada, international)

• 2D/3D seismic survey design• Land/Marine acquisition• Seismic processing• Anisotropic Depth Migration• AVO/Inversion• 2D-4D seismic interpretation• Attribute Analysis• Fracture Analysis/ AVAZ• Synthetic Forward Modeling• EM/Gravity/Magnetics • SeisWare, Kingdom, Winpics• Data conversion

• Regional assessment of tight gas and shale gas and oil opportunities in Western Canada, Northwest Territories, and Yukon• Non-exclusive and proprietary studies

• Reservoir characterization – mapping, petrography, resource potential

• Shallow gas and coalbed methane reservoir analysis

• Fractured reservoir evaluation

• Senior advisory role• Nova Scotia Expert Panel on Hydraulic

Fracturing

• Characterize and map deep saline and shallow non-saline aquifers• Water supply and disposal for unconventional oil

and gas development

• Major regional projects in western and northern Canada• Support development of regulatory regime for

unconventional development• Strategic water planning for industry• Information for stakeholder support

• Part of Integrated Water Resources team, providing comprehensive water characterization operations support• www.integratedwaterresources.ca

• Petrel (Schlumberger) software• Sophisticated geostatistical models, suitable for export to

reservoir simulation software

• Construction of new models from field data• Seismic, petrophysical (well log) data, core• Interpretive geological input• Extensive heavy oil experience

• Application to reservoirsimulation modeling• Cooperative work with affiliated

consultants

• Extensive experience in field acquisition of log data, and interpretation in various software packages• HDS 2000 and Prizm (Geographix) in house

• Conventional play analysis• Incorporate interpretive geology• Tie to core analysis data

• Unconventional play analysis• Tie to specialized core and sample analysis,

including mineralogy and geochemistry / maturity data

• Western and Northern Canada: geoSCOUT• Mapping grids• Comprehensive well database• Raster and digital log data

• GeoGraphix• Comprehensive mapping and database capabilities

• ESRI / ArcGIS• Customized map creation

• Petrel• Geocellular modeling; spatial representations

• Field Seminars• Field relationships illustrate reservoir models and stratigraphy in

modern and ancient environments

• Core Seminars• PRCL uses core to illustrate reservoir facies, quality, and

stratigraphic relationships in a variety of settings

• Seminars are designedto meet specific client needs, and can be customized for single clients

• Regulatory Issues• Gas over bitumen hearings• Determination of P&NG ownership by geological criteria

• Civil lawsuits• Valuation of exploration / development acreage• Geological / operational issues

• Financial / valuation advice

• Western Canada

• Extensive experience in conventional reservoirs throughout the basin

• Non-exclusive regional exploration studies

• Heavy oil and bitumen• Regional SAGD screening studies• Reservoir modeling and property assessments• Strategic planning, land sale evaluations

• Unconventional Gas• Deep Basin tight gas resource assessments• Shale gas exploration and reservoir characterization• Characterizing subsurface aquifers to supply

water needs for drilling and completions

• Canada – Northern and Frontiers

• Northwest Territories• Regional exploration studies – Mackenzie Valley and Delta• Regional unconventional gas assessment• Regional shale gas resource characterization

• Nunavut• Exploration assessment – Baffin Island / Lancaster Sound

• Eastern Canada• Development / operational support, Hibernia Field• Regional exploration assessment – Labrador Shelf• Regional and local exploration assessments – Scotian Shelf

through Jeanne d’Arc Basin • Unconventional gas – Maritimes

• International

• Assessment, operations, and study experience on six continents worldwide

• South America• Argentina – San Jorge Basin mapping and resource assessment• Chile – Andean foreland exploration mapping

• Australia• Exploration assessment of major basins, offshore and onshore• New Zealand – onshore development support, offshore exploration

evaluations• Europe• Germany – onshore and offshore exploration support• Poland – regional exploration assessment• France/Spain – Exploration assessment of Pyrenees and Paris Basin• Albania – Resource assessment, Patos Marinas Field• UK North Sea – Exploration assessments

• International

• Assessment, operations, and study experience on six continents worldwide

• Asia• Kazakhstan – Exploration assessment and operations recommendations• India – Geological model assessment, east coast offshore

• Africa• Tanzania / Mozambique – Exploration support, reserves assessment• Libya – Field modeling• Cameroon -Rio del Rey basin, prospectivity evaluation• Algeria – Exploration assessment Berkine and northern Algeria basins• Tunisia – Ghadamas Basin exploration assessment, and operations support• Egypt – onshore/offshore Nile Delta

• North America (United States and Mexico)• Exploration opportunity assessments – several states• Exploration support and analogs – Montana• Mexico – Exploration assessment, Gulf of Campeche

Hydrogeology

Waterline Resources

Geoscience and Related Specialists

Hayden Geoconsultants – Reservoir CharacterizationJC Consultants – Reservoir CharacterizationFoundry Spatial – Surface Waters and GIS

Strategic West – Strategic Resource DevelopmentIntegrated Water Resources – Water Assessments

Dr. Derald Smith – Recent Sedimentary EnvironmentsSherwood Consulting-Structural Geology

Dr. Ed Klovan – Carbonate ReservoirsDr. John Lorenz – Fractured Reservoirs

Dr. Graham Dolby – Biostratigraphy

Petroleum Engineering

RPS Energy CanadaAJM DeloitteELcral Ltd.

www.petrelrob.com