OPERATIONS

Powder Mountains production and growth opportunities are concentrated in the Hardy and Coteau Lake areas of SE Saskatchewan, with a focus on light oil resource development and exploration in the Bakken and Torquay Formations.

HARDY

Powder Mountain operates the light oil producing area of Hardy North. With oil in place, drilling and production activity in the area has generated positive initial results. Further horizontal development and exploration drilling has the potential to expand the Company's inventory of development locations in this emerging light oil resource play.

COTEAU LAKE

Powder Mountain has a 100% working interest over a large contiguous land block with light oil Bakken and Torquay potential. The Company's large acreage position has the potential to provide exploration and resource development drilling locations in both the Bakken and Torquay.