Building Cash Flow  

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The Corporation has identified numerous compelling acquisition opportunities in Canada. Thus far the Corporation has acquired working interests in two wells.  The first well is now on production and producing 50 Barrels of Oil Equivalent Per Day (“BOEPD”). The Corporation has a 75% non-working interest in this well.

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The Corporation has also  entered into various agreements whereby it acquired over 20 past producing wells. The Corporation is  committed to funding and implementing a workover program on these 20 wells with the purpose of building consistent cash flow. 

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