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Re: None

Thursday, 09/06/2007 3:18:13 PM

Thursday, September 06, 2007 3:18:13 PM

Post# of 414
Comparison to NPE (taken from their presentation)
Market Cap of NPE is 107mil CAD
Market Cap of PTCH is 69mil CAD

RESULTS TO DATE
• Nine wells were drilled and cored during NPE’s winter 2006/7
drilling program
• Internal resource characterization study completed
• Block B (South) identifi ed as area of greatest prospectivity
• 28,800 acres
• Estimated discovered resource (1)(2) of 1.0 to 1.6 billion barrels in place
• Reservoir characteristics:
• Bluesky formation
• Reservoir depth relatively shallow at 400 metres
• 8 to 16 metres bitumen thickness
• Oil gravity averages 9.8º API
• Porosity averages 31%
• Oil saturation averages 60%
• Marine depositional environment

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