Activities Alaska Exploration

East Region South Thomson

• Geological & Geophysical
  • Planning of a 3D seismic shoot 1Q 2010

Central Region Gwydyr Bay

• Geological & Geophysical
  • Shot new 3-D seismic over 1Q 2007
  • Pre-stack depth migration
  • High-end rock properties evaluation by Schlumberger
• Exploration
  • North Shore #1 exploration well 1Q 2007
  • Sak River #1 exploration well 1Q 2007
  • North Shore #1 Ivishak & Sag River discovery 2007
  • North Shore #1 Ivishak flow test 2,092 BOPD 2008
  • Gwydyr Bay Exploration Unit Application 2Q 2009
  • North Shore #3 exploration test planning 1Q 2010
  • Sak River #1A exploration test planning 1Q 2010
  • Continue exploration planning from 3-D evaluation
• Development
  • North Shore Development Project 2Q 2010
  • Gravel road & pad project 1Q 2010
  • Facility installation 4Q 2010
  • First oil 4Q 2011

West Region East Colville

• Geological & Geophysical
  • Shot 3D seismic data 1Q 2008
• Exploration
  • Develop exploration plan based on 3D evaluation

West Region Tofkat

• Geological & Geophysical
  • Shot new 3D seismic data 1Q 2008
• Exploration
  • Develop exploration plan based on 3D evaluation
• Development
  • Pending exploration results 2012 development planning

West Region Big Island

• Geological & Geophysical
  • Shot new 3D seismic data 1Q 2008
• Exploration
  • Develop exploration plan based on 3D evaluation

West Region Hot Spot

• Geological & Geophysical
  • Planning stage of 3D seismic shoot

West Region Ocean Point

• Geological & Geophysical
  • Pending Big Island 3D evaluation
  • Monitor exploration results in area

West Region Itkillik River

• Geological & Geophysical
  • Pending Big Island 3D evaluation
  • Monitor exploration results in area