ISH Energy

Talisman

Baytex

Baytex

Whitecap

Harvest

Baytex

Penn West

Penn West

Enerplus Harvest

NAL

Penn West

Crescent Point

Baytex

Husky

Husky

ISH Energy

ISH Energy

WestFire

Crescent Point

Cenovus

Husky

Husky

Husky Flagstone

Prairiedale

Smiley Dewar

Kindersley

Dodsland

Verendrye

PlatoNorth

Flaxcombe

Kerrobert

Plato

Forgan

BaytexTeine

Wildstream

Fiske

Plenty

ARC

Devon

Whiteside

Novus Whiteside Oil Facility

Novus Avon Hills Oil Battery

Locator MapSASKATCHEWAN

Calgary

WapitiCardium

NovusDodsland, Viking Resource Play

Grande Prairie

Edmonton

ALBERTA

Stratigraphic Chart of the lower VikingFormation in Southwest Saskatchewan

(Saskatchewan Industry and ResourcesStratigraphic Correlation Chart, 2004)

Viking Light Oil Resource Play Dodsland Core Area

March 2012

Wells97 Novus horizontal wells licenced

936 industry horizontal wells drilled

687 industry horizontal wells licenced

WorkingNovus 2011 horizontal wells

Novus viking lands

Novus Birdbear lands

3D Seismic

Major Gas Pipeline

Major Oil Pipeline

Industry Viking Horizontal Oil Production

BB

L/O

IL/D

AY

MONTH

344 HORIZONTALSDRILLED IN 2011

Novus 2011 drilling Average Oil Production(Field Measurements)

Novus Flaxcombe 2011 Average Oil Production(Field Measurements)

0 1 2 3

0 1 2

Kilometres

Miles

Flaxcombe Geology Map

05-36-029-26W3M

05-36-029-26W3M

(B)

VIKING -42m SS

5.0m

4.0m(A)

• ConsistentGeology (Logs and Cores)

• VirginPressures (Over 7,000 KPA)

•TwoDistinctCyclesPresent•PotentialtoIndependently

Develop Each Cycle

•AbilitytoDoubleNumberofDrilling Locations (Up to 32 Wells per Section)

•52WellsSurveyedforDrilling