nov 0 7 2017 court of queen's bench of alberta · attention: walker macleod rick pawluk lorne...
TRANSCRIPT
COURT FILE NUMBER
COURT
JUDICIAL CENTRE
PLAINTIFF
DEFENDANT
DOCUMENT
1701-00920
COURT OF QUEEN'S BENCH OF ALBERTA
CALGARY
DUGAN PRODUCTION CORP.
GLENCOE RESOURCES LTD.
APPLICATION
Clerk's Stamp: CLE1 K
FILED
NOV 0 7 2017 JULK4AL utN I HE
OF CALGARY
Field Law LLP 400, 444 - 7 Avenue SW Calgary, Alberta T2P 0X8 Lawyer: Trevor Batty Phone Number: (403) 260-8537 Fax Number: (403) 264-7084 Email: [email protected] File No. 57448-9
Burnet, Duckworth & Palmer LLP 2400, 525 - 8 Avenue SW Calgary, Alberta T2P 1G1 Lawyer: Natasha Wood Phone Number: (403) 260-0159 Fax Number: (403) 260-0332 Email: [email protected] File No. 63936-8
ADDRESS FOR SERVICE AND CONTACT INFORMATION OF PARTIES FILING THIS DOCUMENT
NOTICE TO RESPONDENT: See Service List attached as Schedule "A" to this Application
This application is made against you. You are a Respondent.
You have the right to state your side of the matter before a master/judge.
The application will be heard as shown below:
DATE
TIME
WHERE
BEFORE WHOM
November 15, 2017
3:00 p.m.
Calgary Courts Centre — 601— 5 Street SW, Calgary, Alberta
The Honourable Mr. Justice C.M. Jones
Go to the end of this document to see what else you can do and when you must do it.
Remedy claimed or sought:
1. Hardie & Kelly Inc., in its capacity as the Court-appointed Receiver (the "Receiver") of the
current and future assets and undertakings (the "Property") of Glencoe Resources Ltd.
8631031.1
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8631031.1
("Glencoe"), seeks Orders, substantially in the form attached hereto as Schedules "B" and "C"
respectively:
(a) Declaring that the within Application is properly returnable on Wednesday,
November 15, 2017 and that service of this Application on the service list is validated
and deemed good and sufficient;
(b) approving the actions, conduct and activities of the Receiver as outlined in the Seventh
Report of the Receiver, dated November 7, 2017 (the "Seventh Report");
(c) Approving and authorizing the settlement (the "Sequoia Settlement") described in the
Seventh Report and as detailed in the settlement agreement between the Receiver on
behalf of Glencoe and Sequoia Operating Corp ("Sequoia"), dated November 6, 2017
(the "Settlement Agreement") appended to the Confidential Supplement to the Seventh
Report (the "Confidential Supplement");
(d) Vesting in Sequoia all of Glencoe's right, title and interest in and to the assets specified in
Quitclaim Agreement appended to the Settlement Agreement (the "Quit Claim Assets");
(e) Sealing the Confidential Supplement on the Court file; and
(f) Such further and other relief as counsel may seek and this Honourable Court deems just.
Grounds for making this application:
The Approval and Vesting Order
2. On January 23, 2017, Dugan Production Corp. ("Dugan"), sought and obtained a Receivership
Order appointing the Receiver as receiver of all of the Property. That Receivership Order was
subsequently amended by an Order of the Court in these proceedings dated April 19, 2017 (as
amended, the "Receivership Order").
3. The Receivership Order expressly authorizes the Receiver to market and sell Glencoe's Property
and to seek an Approval and Vesting Order from the Court in connection therewith. The
Receivership Order also expressly authorizes the Receiver to settle, extend or compromise any
indebtedness owing to or by Glencoe.
4. On April 19, 2017, the Receiver also obtained Court approval of an extensive sales and
solicitation process ("Sales Process") to market for sale all of Glencoe's Property. In addition,
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the Receiver obtained Court approval of the engagement of CB Securities Inc. (the "Sales
Advisor") with respect to carrying out the Sales Process.
5. As further described in the Fourth Report, the Receiver and the Sales Advisor have diligently
carried out the Sales Process, in a manner that has generated the highest possible offers for the
Property in order to maximize the value of the estate.
6. Sequoia has expressed an interest in acquiring the Quit Claim Assets and in resolving certain
accounting and other joint venture billing disputes between Sequoia and the Receiver and detailed
in the Seventh Report.
7. The Receiver has reviewed the Settlement Agreement and the Quit Claim Assets and has
concluded that the Sequoia Settlement should be approved for the following reasons:
(a) The Sequoia Settlement creates certainty and finality regarding the financial obligations
of the Receiver in relation to post-receivership transactions between the Receiver and
Sequoia;
(b) The Quit Claim Assets were widely advertised during the Sales Process and received
significant interest from potential buyers. However, when the context of the overall terms
of the Sequoia Settlement is considered in comparison to the offers received for the Quit
Claim Assets, the Receiver is of the view that a quit-claim of the assets to Sequoia
represents the best option to divest them;
(c) The Sequoia Settlement is not subject to any material conditions other than Court
approval and it appears the transaction can be closed swiftly;
(d) The Sequoia Settlement was negotiated in good faith and is commercially reasonable;
(e) Dugan, Glencoe’s principal secured lender, supports the consummation of the Sequoia
Settlement; and
(f) If the Sequoia Settlement were not approved, the Receiver would likely be required to
apply to the Court for resolution of the various disputes between the Receiver and
Sequoia – resulting in significant additional cost and time associated with this alternative.
8. The Receiver believes that any further sales processes will not result in achieving greater value
for the Quit Claim Assets and will only result in increasing the costs of the administration of
Glencoe's estate to the detriment of Glencoe's creditors.
9. For the foregoing reasons, the Receiver is satisfied that the Sequoia Settlement set out in the
Settlement Agreement is in the best interests of Glencoe's stakeholders.
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Sealing Order
10. The Confidential Supplement contains and discusses matters of a highly sensitive commercial
nature, and their publication before the pending Approval and Vesting Order could result in
serious commercial damage to Glencoe and the Purchaser and could prejudice any future sales
process, in the event that the Sequoia Settlement does not close, to the detriment of Glencoe's
stakeholders. In addition, disclosure of the materials contained in the Confidential Supplement
could prejudice ongoing negotiations regarding additional outstanding disputes or sales
transactions resulting from the Sales Process.
11. The Sealing Order is the least restrictive and prejudicial alternative to prevent the dissemination
of commercially sensitive information about the Sequoia Settlement, the Quit Claim Assets and
the respective stakeholders.
12. It is fair and just in the circumstances to restrict public access to the Confidential Supplement.
Material or evidence to be relied on:
13. Second Report of the Receiver, dated June 2, 2017;
14. Third Report of the Receiver, dated September 8, 2017 and Confidential Supplement, dated
September 11, 2017;
15. Fourth Report of the Receiver and Confidential Supplement, both dated September 27, 2017;
16. Fifth Report of the Receiver and Confidential Supplement, both dated October 13, 2017;
17. Sixth Report of the Receiver and Confidential Supplement, both dated October 31, 2017;
18. Seventh Report of the Receiver and Confidential Supplement, both dated November 7, 2017;
19. Sierra Club of Canada v. Canada (Minister of Finance), [2002] 2 SCR 522 at paras. 53-57;
20. The pleadings filed in this Action; and
21. Such further and other materials as this Honourable Court may permit.
Applicable Rules:
22. Alberta Rules of Court.
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Applicable Acts and Regulations:
23. Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 (as amended);
How the application is proposed to be heard or considered:
24. This application is proposed to be heard in person in Commercial Chambers.
WARNING
If you do not come to Court either in person or by your lawyer, the Court may give the Applicant
what they want in your absence. You will be bound by any order that the Court makes. If you want
to take part in this application, you or your lawyer must attend in Court on the date and at the time
shown at the beginning of the form. If you intend to rely on an affidavit or other evidence when the
application is heard or considered, you must reply by giving reasonable notice of the material to the
Applicant.
8631031.1
Schedule "A"
Service List
See attached.
8105908.10
Court of Queen's Bench Action No. 1701-00920 Dugan Production Corp. v. Glencoe Resources Ltd.
SERVICE LIST (as at November 1, 2017)
Parties Telephone/
Facsimile Email Counsel for
Field Law LLP
Attention: Trevor Batty
Burnet, Duckworth & Palmer LLP
2400, 525 - 8 Avenue SW
Calgary, Alberta T2P 1G1
Attention: Natasha (Tasha) Wood
Charla Smith (H&K)
Marc Kelly (H&K)
ph: (403) 260-0159
fx: (403) 260-0332
Hardie &
Kelly Inc.
MLT Aikins LLP
1600, 520 - 3 Avenue SW
Calgary, Alberta T2P 0R3
Attention: Dean A. Hutchison
ph: (403) 693-4305 dhutchison
@mltaikins.com
Dugan
Production Corp.
Bennett Jones LLP
4500, 855 – 2 Street SW
Calgary, Alberta T2P 4K7
Attention: Chris Simard
ph: (403) 298-4485 simardc
@bennettjones.com
Redfern & Grover
(Rosson Grover)
and
Rosalind Redfern
Gover
Caron & Partners LLP
21st Floor, 700 – 2 Street SW
Calgary, Alberta T2P 2W1
Attention: R.J. Daniel Gilborn
ph: (403) 260 1575 dgilborn
@caronpartners.com
369634
Alberta Ltd.
and
The Ronald Hal
Laurentian
Charitable Fund
Enerflex Ltd.
and Enerflex Ltd. (Rentals)
904, 1331 Macleod Trail SE
Calgary, Alberta T2G 0K3
Attention: Stefan Ali
HSBC Bank Canada
10th Floor, 407 – 8 Avenue SW
Calgary, Alberta T2P 1E5
Attention: John Landry
ph: (403) 693-8622 [email protected]
McCarthy Tétrault LLP
4000, 421 - 7 Avenue SW
Calgary, Alberta T2P 4K9
Attention: Walker MacLeod
Rick Pawluk
Lorne O'Reilly (Dow)
ph: (403) 260-3710
fx: (403) 260-3501
Dow Chemical
Canada Inc. and
Dow Chemical
Canada ULC
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8105908.10
Parties Telephone/
Facsimile Email Counsel for
McMillan LLP
1900, 736 – 6 Avenue SW
Calgary, Alberta T2P 3T7
Attention: Adam C. Maerov
ph: (403) 215-2752 adam.maerov
@mcmillan.ca
Royal Bank of
Canada
PrairieSky Royalty Ltd.
1700, 350 - 7 Avenue SW
Calgary, Alberta T2P 3N9
Attention: Jennifer Martin,
Compliance Land Negotiator
ph: (587) 293-4062 jennifer.martin
@prairiesky.com
Redeagle Resources Ltd.
59 Cranleigh Manor SE
Calgary, Alberta T3M 1J3
Attention: Rodger Holt
ph: (403) 271-8450
fx: (403) 278-2635 [email protected]
Cargill Limited
300 - 240 Graham Avenue
P.O. Box 5900
Winnipeg, Manitoba R3C 4C5
Attention: Philip P. Pauls
ph: (204) 947-6122
fx: (204) 947-6134
philip_pauls
@cargill.com
Velvet Energy Ltd.
1500, 308 – 4 Avenue SW
Calgary, Alberta T2P 0H7
Attention: Lynn Gregory, P. Land
ph: (403) 781-9105
fx: (403) 781-9100
lgregory
@velvetenergy.net
Gatespar Holdings Ltd. 1818 Simcoe Blvd SW, Suite 1121
Calgary, Alberta T3H 3L9
Attention: Colleen Murphy
ph: (403) 869-5385 gatesparholding
@gmail.com
Alberta Energy Regulator
Calgary Head Office
1000, 250 – 5 Street SW
Calgary, Alberta T2P 0R4
Attention: Patricia Johnson
Keely Cameron
Laura Chant
ph: (403) 297-4439
fx: (403) 297-2147
Alberta Justice & Solicitor General
Energy Legal Services
9th Floor, 9945 - 108 Street
Edmonton, Alberta T5K 2G6
Attention: Piyush (Peter) Mittal
ph: (780) 427-1848
fx: (403) 427-1871 [email protected]
Alberta
Department of
Energy
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8105908.10
Parties Telephone/
Facsimile Email Counsel for
DLA Piper LLP 1000, 250 – 2 Street SW
Calgary, Alberta T2P 0C1
Attention: Karen Fellowes
ph: (403) 698-8787
fx: (403) 213-4481
karen.fellowes
@dlapiper.com
Natural Gas
Exchange
Gear Energy 2600, 240 – 4 Avenue SW
Calgary, Alberta T2P 4H4
Attention: David Hwang
ph: (403) 538-8437 dhwang
@gearenergy.com
Strashok Law 300, 714 – 1 Street SE
Calgary, Alberta T2G 2G8
Attention: P. Dean Strashok
ph: (403) 264-2345
fx: (403) 264-4472 [email protected]
Strong Energy
Resources Ltd.
Robert L. Bayless, Producer LLC
621 - 17 Street, Suite 2300
Denver, Colorado 80293
Attention: Lee Joslyn
ph: (303) 296-9900
fx: (303) 296-0753
ljoslyn
@bayless-cos.com
Pulse Seismic
2700, 421 - 7 Avenue SW
Calgary, Alberta TIP 4K9
Attention: Trevor Meier
ph: (403) 237-5559
fx: (403) 531-9141
trevor.meier
@pulseseismic.com
Bonavista Energy Corporation
Attention: Marc Fonteyne
Margaret Stafford
marc.fonteyne
@bonavistaenergy.com
margaret.stafford
@bonavistaenergy.com
Purchaser
LWF Legal Services
41 Aspen Ridge Way SW
Calgary, AB, T3H 5M2
Attention: Larry Fedchun
Jack Lee (1516443)
1516443
Alberta Inc.,
Purchaser
Black Crane Energy Corp.
Attention: Sheldon Nedjeslki [email protected] Purchaser
Ellisboro Energy Ltd.
Attention: John Garden
or [email protected] Purchaser
Canadian Natural Resources
Attention: Karen Davis, Legal Counsel,
Acquisitions & Divestments
ph: (403) 386-5280 [email protected] Purchaser
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8105908.10
Parties Telephone/
Facsimile Email Counsel for
Borden Ladner Gervais LLP
1900, 520 - 3 Avenue SW
Calgary, AB T2P 0R3
Attention: Xiaodi Jin
Vicki Benoit (Sequoia)
VickiBenoit
@sequoiares.ca
Sequoia
Resources Corp.
and Sequoia
Operating Corp.
Advantage Oil & Gas Ltd.
300, 440 – 2 Avenue SW
Calgary, AB T2P 5E9
Attention: Lynn Dyson, Land Manager
Sinopec Daylight Energy Ltd.
2700, 112 – 4 Avenue SW
Calgary, AB T2P 0H3
Attention: Brock Young,
Senior VP Land
brock.young
@sinopeccanada.com
Terra Energy Corp., in Receivership
c/o Ernst & Young Inc.
2200, 215 – 2 Street SW
Calgary, AB T2P 1M4
Attention: Jessica Caden
ph: (403) 206-5394 [email protected]
Lacombe County
RR3
Lacombe, AB T4L 2N3
Attention: Krista Pugh
kpugh
@lacombecounty.com
Gain Energy Ltd. (Superman Omers)
30th Floor, 520 - 3 Avenue SW
Calgary, AB T2P 0R3
Attention: Dean Gould, Land Manager
dean.gould
@gainenergy.com
Rally Canada Resources Ltd.
900, 407 – 2 Street SW
Calgary, AB T2P 2Y3
Attention: Sarah Li, CFO
Questfire Energy Corp.
1100, 350 - 7 Avenue SW
Calgary, AB T2P 3N9
Attention: Ronald Williams, CFO
8631031.1
Schedule "B"
Form of Approval and Vesting Order
See attached.
8630757.1
Clerk's Stamp:
COURT FILE NUMBER 1701-00920
COURT COURT OF QUEEN'S BENCH OF ALBERTA
JUDICIAL CENTRE CALGARY
PLAINTIFF DUGAN PRODUCTION CORP.
DEFENDANT GLENCOE RESOURCES LTD.
DOCUMENT APPROVAL AND VESTING ORDER
ADDRESS FOR SERVICE
AND CONTACT
INFORMATION OF PARTIES
FILING THIS DOCUMENT
Field Law LLP
400, 444 - 7 Avenue SW
Calgary, Alberta T2P 0X8
Lawyer: Trevor Batty
Phone Number: (403) 260-8537
Fax Number: (403) 264-7084
Email: [email protected]
File No. TBD
Burnet, Duckworth & Palmer LLP
2400, 525 - 8 Avenue SW
Calgary, Alberta T2P 1G1
Lawyer: Natasha Wood
Phone Number: (403) 260-0159
Fax Number: (403) 260-0332
Email: [email protected]
File No. 63936-8
DATE ON WHICH ORDER WAS
PRONOUNCED: November 15, 2017
LOCATION WHERE ORDER WAS
PRONOUNCED: Calgary Courts Centre, 601 – 5 Street SW, Calgary, Alberta
NAME OF JUSTICE WHO MADE
THIS ORDER: The Honourable Mr. Justice C.M. Jones
UPON THE APPLICATION by Hardie & Kelly Inc. in its capacity as the Court-appointed receiver
and manager (the "Receiver") of the undertaking, property and assets of Glencoe Resources Ltd. (the
"Debtor") for an order approving the settlement (the "Settlement") contemplated by a settlement agreement
(the "Settlement Agreement") between the Receiver and Sequoia Operating Corp. ("Sequoia") dated
November 6, 2017, as amended from time to time and appended to the Confidential Supplement to the
Seventh Report of the Receiver dated November 7, 2017 (the "Report") , and vesting in Sequoia the Debtor's
right, title and interest in and to the assets described in the Quit Claim Agreement that is scheduled to the
Settlement Agreement (the "Quit Claim Assets");
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AND UPON HAVING READ the Receivership Order dated January 23, 2017 (the "Receivership
Order"), the Report and the Affidavit of Service, filed;
AND UPON HEARING the submissions of counsel for the Receiver, and any other counsel present;
IT IS HEREBY ORDERED AND DECLARED THAT:
SERVICE
[1] Service of notice of this application and supporting materials is hereby declared to be good and
sufficient, and no other person is required to have been served with notice of this application, and
time for service of this application is abridged to that actually given.
APPROVAL OF SETTLEMENT
[2] The Receiver's activities as set out in its Seventh Report are hereby ratified and approved.
[3] The Settlement is hereby approved, and the execution of the Settlement Agreement by the Receiver is
hereby authorized and approved, with such minor amendments as the Receiver may deem necessary.
The Receiver is hereby authorized and directed to take such additional steps and execute such
additional documents as may be necessary or desirable for the completion of the Settlement or for the
conveyance of the Quitclaim Assets to Sequoia.
VESTING OF PROPERTY
[4] Upon the delivery of a Receiver's certificate to Sequoia substantially in the form set out in Schedule
"A" hereto (the "Receiver's Certificate"), subject only to the permitted encumbrances caveats,
easements and restrictive covenants listed on Schedule "B" (the "Permitted Encumbrances"), all of
the Debtor's right, title and interest in and to the Quit Claim Assets described in the Settlement
Agreement and listed on Schedule "C" hereto shall vest absolutely in the name of Sequoia, free and
clear of and from any and all security interests (whether contractual, statutory, or otherwise),
hypothecs, caveats, mortgages, trusts or deemed trusts (whether contractual, statutory, or otherwise),
liens, executions, levies, charges, or other financial or monetary claims, whether or not they have
attached or been perfected, registered or filed and whether secured, unsecured or otherwise
(collectively, the "Claims") including, without limiting the generality of the foregoing:
(a) any encumbrances or charges created by the Receivership Order;
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(b) all charges, security interests or claims evidenced by registrations pursuant to the Personal
Property Security Act (Alberta), set out in Schedule "D" hereto;
(c) all other claims other than the Permitted Encumbrances;
(all of which are collectively referred to as the "Encumbrances"). For greater certainty, this Court
orders that all of the Encumbrances affecting or relating to the Quit Claim Assets are hereby
expunged and discharged as against the Quit Claim Assets.
[5] Upon delivery of the Receiver's Certificate, and upon filing a certified copy of this Order, together
with any applicable registrations fees, the Registrar or Registrars under the Land Titles Act (Alberta),
the Department of Energy and the Minister of Energy of Alberta and all other government ministries
and authorities in Alberta, respectively, exercising jurisdiction with respect to or over the Quit Claim
Assets (collectively, "Governmental Authorities"), as applicable, are hereby authorized, requested,
and directed to (in each case, as applicable):
(a) enter Sequoia as the owner, lessee, and/or licensee of the Quit Claim Assets;
(b) cancel the existing Certificate of Title to the Quit Claim Assets and issue new Certificates of
Title for the Quit Claim Assets, in the name of Sequoia;
(c) delete and expunge from the existing title documents concerning the Quit Claim Assets all
applicable Claims other than Permitted Encumbrances; and
(d) register such transfers, discharges, discharge statements, or conveyances, as may be required
to convey clear title to the Quit Claim Assets to Sequoia, subject only to the Permitted
Encumbrances.
[6] Presentment of this Order and the Receiver's Certificate shall be the sole and sufficient authority for
the Governmental Authorities to effect the registration of transfers, discharges, discharge statements
or conveyances as may be required to convey clear title to the Quit Claim Assets to Sequoia.
[7] This Order shall be registered and the steps set out in paragraph 4 of this Order shall be carried out by
the applicable Registrar and/or Governmental Authorities notwithstanding the requirements of the
applicable federal and/or provincial legislation, including the LTA and MMA, and notwithstanding
that the appeal period in respect of this Order has not elapsed, which appeal period is expressly
waived.
[8] For the purposes of determining the nature and priority of Claims, the settlement payment specified
in the Settlement Agreement (the "Settlement Amount") (to be held in an interest bearing trust
account by the Receiver) shall stand in the place and stead of the Quit Claim Assets, and from and
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after the delivery of the Receiver's Certificate all Claims and Encumbrances shall attach to the
Settlement Amount with the same priority as they had with respect to the Quit Claim Assets
immediately prior to the sale, as if the Quit Claim Assets had not been sold and remained in the
possession or control of the person having that possession or control immediately prior to the sale.
[9] Sequoia shall, by virtue of the completion of the Settlement, have no liability of any kind whatsoever
in respect of any Claims against the Debtor.
[10] The Debtor and all persons who claim by, through or under the Debtor in respect of the Quit Claim
Assets, save and except for the persons entitled to the benefit of the Permitted Encumbrances, shall
stand absolutely barred and foreclosed from all estate, right, title, interest, royalty, rental and equity
of redemption of the Quit Claim Assets and, to the extent that any such persons remains in possession
or control of any of the Quit Claim Assets, they shall forthwith deliver possession thereof to Sequoia.
[11] Sequoia shall be entitled to enter into and upon, hold and enjoy the Quit Claim Assets for its own use
and benefit without any interference of or by the Debtor, or any person claiming by or through or
against the Debtor.
[12] Immediately after the closing of the Settlement, the holders of the Permitted Encumbrances shall
have no claim whatsoever against the Receiver or the Debtor.
[13] The Receiver is to file with the Court a copy of the Receiver's Certificate, forthwith after delivery
thereof to Sequoia.
[14] Notwithstanding:
(a) the pendency of these proceedings;
(b) any applications for a bankruptcy order now or hereafter issued pursuant to the Bankruptcy
and Insolvency Act (Canada) in respect of the Debtor and any bankruptcy order issued
pursuant to any such applications; and
(c) any assignment in bankruptcy made in respect of the Debtor
the vesting of the Quit Claim Assets in Sequoia pursuant to this Order shall be binding on any trustee
in bankruptcy that may be appointed in respect of the Debtor and shall not be void or voidable by
creditors of the Debtor, nor shall it constitute nor be deemed to be a settlement, fraudulent preference,
assignment, fraudulent conveyance, transfer at undervalue, or other reviewable transaction under the
Bankruptcy and Insolvency Act (Canada) or any other applicable federal or provincial legislation, nor
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shall it constitute oppressive or unfairly prejudicial conduct pursuant to any applicable federal or
provincial legislation.
[15] The Receiver, Sequoia and any other interested party, shall be at liberty to apply for further advice,
assistance and directions as may be necessary in order to give full force and effect to the terms of this
Order and to assist and aid the parties in closing the Settlement.
MISCELLANEOUS MATTERS
[16] This Court hereby requests the aid and recognition of any court, tribunal, regulatory or administrative
body having jurisdiction in Canada or in the United States to give effect to this Order and to assist the
Receiver and its agents in carrying out the terms of this Order. All courts, tribunals regulatory and
administrative bodies are hereby respectfully requested to make such orders as to provide such
assistance to the Receiver, as an officer of this Court, as may be necessary or desirable to give effect
to this Order or to assist the Receiver and its agents in carrying out the terms of this Order.
[17] This Order must be served only upon those interested parties attending or represented at the within
application and service may be effected by facsimile, electronic mail, personal delivery or courier.
Service is deemed to be effected the next business day following the transmission or delivery of such
documents.
[18] Service of this Order on any party not attending this application is hereby dispensed with.
_______________________________________________
J.C. C.Q.B.A.
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8630757.1
Schedule "A"
Form of Receiver's Certificate
Clerk's Stamp:
COURT FILE NUMBER 1701-00920
COURT COURT OF QUEEN'S BENCH OF ALBERTA
JUDICIAL CENTRE CALGARY
PLAINTIFF DUGAN PRODUCTION CORP.
DEFENDANT GLENCOE RESOURCES LTD.
DOCUMENT RECEIVER'S CERTIFICATE
ADDRESS FOR SERVICE
AND CONTACT
INFORMATION OF PARTIES
FILING THIS DOCUMENT
Field Law LLP
400, 444 - 7 Avenue SW
Calgary, Alberta T2P 0X8
Lawyer: Trevor Batty
Phone Number: (403) 260-8537
Fax Number: (403) 264-7084
Email: [email protected]
File No. TBD
Burnet, Duckworth & Palmer LLP
2400, 525 - 8 Avenue SW
Calgary, Alberta T2P 1G1
Lawyer: Natasha Wood
Phone Number: (403) 260-0159
Fax Number: (403) 260-0332
Email: [email protected]
File No. 63936-8
RECITALS
A. Pursuant to an Order of the Honourable Justice D.B. Nixon of the Court of Queen's Bench of
Alberta, Judicial District of Calgary (the "Court") dated January 23, 2017, Hardie & Kelly Inc. was
appointed as the receiver (the "Receiver") of the undertaking, property and assets of Glencoe
Resources Ltd. (the "Debtor").
B. Pursuant to an Order of the Court dated November 15, 2017 the Court approved the settlement
agreement made as of November 6, 2017 as amended from time to time (the "Settlement
Agreement") between the Receiver and Sequoia Operating Corp. ("Sequoia") and provided for the
vesting in Sequoia of the Debtor's right, title and interest in and to the Quit Claim Assets, which
vesting is to be effective with respect to the Quit Claim Assets upon the delivery by the Receiver to
Sequoia of a certificate confirming (i) the payment by Sequoia of the Settlement Amount; (ii) that the
conditions to Closing as set out in Article 2.5 of the Settlement Agreement have been satisfied or
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8630757.1
waived by the Receiver and Sequoia; and (iii) the Settlement has been completed to the satisfaction
of the Receiver.
C. Unless otherwise indicated herein, terms with initial capitals have the meanings set out in the
Settlement Agreement.
THE RECEIVER CERTIFIES the following:
1. Sequoia has paid and the Receiver has received the Settlement Amount payable on the Closing
Date pursuant to the Settlement Agreement;
2. The conditions to Closing as set out in Article 2.5 of the Settlement Agreement have been
satisfied or waived by the Receiver and Sequoia; and
3. The Settlement has been completed to the satisfaction of the Receiver.
4. This Certificate was delivered by the Receiver at [Time] on [Date].
Hardie & Kelly Inc., in its capacity as
Receiver of the undertaking, property
and assets of Glencoe Resources Ltd.
and not in its personal capacity.
Per: _____________________________
Name:
Title:
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8630757.1
Schedule "B"
Permitted Encumbrances
"Permitted Encumbrances" means:
(i) liens for taxes, assessments and governmental charges;
(ii) liens incurred or created in the ordinary course of business as security in favour of a Person
that is conducting the development or operation of the property to which such liens relate;
(iii) mechanics', builders', materialmen's or other similar liens in respect of services rendered or
goods supplied;
(iv) easements, rights of way, servitudes and other similar rights in land, including rights of way
and servitudes for highways and other roads, railways, sewers, drains, gas and oil pipelines,
gas and water mains, electric light, power, telephone, telegraph and cable television conduits,
poles, wires and cables;
(v) the right reserved to or vested in any municipality or Governmental Authority by the terms
of any lease, licence, franchise, grant or permit or by any provision of Applicable Law, to
terminate any such lease, licence, franchise, grant or permit or to require annual or other
periodic payments as a condition of the continuance thereof;
(vi) rights of general application reserved to or vested in any Governmental Authority to levy
taxes on Petroleum Substances or any of them or the income therefrom, or to control, limit or
regulate production rates or the operation or use of any property;
(vii) statutory exceptions to title and the reservations, limitations, provisos and conditions in any
original grants from the Crown of any mines and minerals;
(viii) any arrears owing by the Debtor in relation to the Quit Claim Assets with respect to surface
leases, gross-overriding royalties, freehold or Crown royalties;
(ix) the terms and conditions of the Title and Operating Documents;
(x) contracts for the purchase, processing, transportation or storage of Petroleum Substances or
for the contract operation of any of the Assets;
(xi) any ROFR or any other similar restriction arising under or pursuant to any of the Title and
Operating Documents; and
(xii) all Encumbrances, obligations, duties, terms and conditions identified or set forth in a
Schedule or specifically consented to or approved in writing by Sequoia prior to the date of
this Agreement or deemed approved or accepted by Sequoia in accordance with any
provision of the Settlement Agreement.
9
8630757.1
Schedule "C"
Quit Claim Assets
See attached.
8629554.1
The Assets include all of Glencoe’s interests in the unit agreements set forth below and include but are not limited to all wells, pipelines associated with such wells, and facilities, including the Unit Facilities, identified in the Unit Agreements and any subsequent amendments thereto:
Unit Approximate Glencoe WI% Nelson Viking A Unit (PNG) 48.36753850 Chigwell Viking Unit No. 4 48.20469000 Chigwell Viking Unit No. 2 47.98691600 Chigwell Viking Unit No. 1 47.95820300 Chigwell Viking Unit No. 3 47.89302090 Chigwell Viking B Unit 46.19332100 The Assets also include all of Glencoe’s interest (48.0361800%) in the Agreement for the Construction, Ownership and Operation of the Chigwell Viking "E" Pool Battery 08-24-42-26 W4M, dated June 30, 1992 and as subsequently amended. The Assets also include but are not limited to all of Glencoe’s interest in, and all pipelines and facilities forming part of, the Glencoe CO2 Production Facility, as identified in the associated Agreement for the Construction, Ownership and Operation of the Glencoe CO2 Production Facility dated August 31, 2005, and any subsequent amendments thereto: CO&O Glencoe WI% Agreement for the Construction, Ownership and Operation of the Glencoe CO2 Production Facility dated August 31, 2005
49.00000000
For clarity, the Glencoe CO2 Production Facility includes all related agreements including but not limited to Glencoe’s interest the following:
CO2 Pipeline Lease and Operating Agreement, with Nova Chemicals Corporation Access Agreement, with Nova Chemicals Corporation Glencoe CO2 Receipt Facilities Lease Agreement, with Nova Chemicals Corporation Ground Lease, with MEGlobal Canada Inc. Prentiss CO2 Stream Purchase and Sale Agreement, with Alberta & Orient Glycol Company
Limited and MEGlobal Canada Inc. CO2 Sales Agreement, with Nova Chemicals Corporation
Finally, the Assets include all Lands as detailed below.
Report Date: Nov 04, 2017 7:52 am
Page 1 of 21Glencoe Resources Ltd.
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Mineral Schedule "A" Report - Nelson Viking A Unit
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Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0051 A TWP 43 RGE 26 W4M (LSD 14) NW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1997 Nov 06 SEC 27
CAPL 1990BASED ON 100.0%EFF DATE: 1997 Nov 06 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2000 Nov 05
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0052 A TWP 43 RGE 26 W4M SW SEC 27
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Feb 14 TWP 43 RGE 26 W4M (LSD'S 11,
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Feb 14 12, 13) NW SEC 27
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Feb 13 (UNDIVIDED 1/4 INTEREST)
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0 PNG IN VIKING "A"
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0053 A TWP 43 RGE 26 W4M SW SEC 27
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Feb 14 TWP 43 RGE 26 W4M (LSD'S 11,
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Feb 14 12, 13) NW SEC 27
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Feb 13 (UNDIVIDED 1/4 INTEREST)
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0 PNG IN VIKING "A"
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0054 A TWP 43 RGE 26 W4M SW SEC 27
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Feb 14 TWP 43 RGE 26 W4M (LSD'S 11,
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Feb 14 12, 13) NW SEC 27
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Feb 13 (UNDIVIDED 1/4 INTEREST)
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0 PNG IN VIKING "A"
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Interests
Seller's
Information
Title
Number
File Lands
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0055 A TWP 43 RGE 26 W4M SW SEC 27
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Feb 14 TWP 43 RGE 26 W4M (LSD'S 11,
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Feb 14 12, 13) NW SEC 27
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Feb 13 (UNDIVIDED 1/4 INTEREST)
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0 PNG IN VIKING "A"
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0056 A TWP 43 RGE 26 W4M NE SEC 27
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1997 Dec 11 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1997 Dec 11
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2000 Dec 10
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0075 A TWP 43 RGE 26 W4M SE SEC 27
C-054-0063 ZBALL 16.0%GLENCOE 48.318295%LSE DATE: 1997 Oct 09 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1997 Nov 08
No ROFR AppliesPDBY GLENCOE 48.318295%REF INT: UNIT EXP DATE: 2000 Nov 07
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 5.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.318295%
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Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKS
C-048-0316 B
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0008 AA TWP 43 RGE 26 W4M NW SEC 28
C-054-0063 FALL S/S GLENCOE 48.457322%CR: 0479080114 PNG IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1979 Aug 16
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1979 Aug 16
OPER: GLENCOEPDBY GLENCOE 48.457322%GLENCOE 48.3676%EXP DATE: 1984 Aug 15
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0008 BB TWP 43 RGE 26 W4M SW SEC 28
C-054-0063 CALL S/S 1/150GLENCOE 48.453109%CR: 0479080114 PNG IN VIKING "A"
CAPL 1990(MIN 5.0 MAX 15.0 )LSE DATE: 1979 Aug 16
No ROFR AppliesGAS 15.0% (MIN 0.05/MCF c/mcf)REF INT: UNIT EFF DATE: 1979 Aug 16
OPER: GLENCOEBASED ON 17.75%GLENCOE 48.3676%EXP DATE: 1984 Aug 15
PDBY GLENCOE 48.463583%MNRL INT: 100.0
REF INT OPER CONTROYALTY INTEXT CODE: 15
C-700-0002 SLIDING SCALESLIDING SCALE
OPER: GLENCOEALL S/S ALL S/S 1/150
OTHER CSS% (MIN 5.0 MAX 15.0 )
ROYALTY LINKSBASED ON 100.0%GAS 15.0% (MIN 0.05/MCF c/mcf)
C-054-0002 DPDBY GLENCOE 48.453109%BASED ON 17.75%
CAPL 1981PDTO GLENCOE 48.36098%
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0008 CB TWP 43 RGE 26 W4M SE SEC 28
C-054-0063 CALL S/S 1/150GLENCOE 48.453109%CR: 0479080114 PNG IN VIKING "A"
CAPL 1990(MIN 5.0 MAX 15.0 )LSE DATE: 1979 Aug 16
No ROFR AppliesGAS 15.0% (MIN 0.05/mcf c/mcf)REF INT: UNIT EFF DATE: 1979 Aug 16
OPER: GLENCOEBASED ON 17.75%GLENCOE 48.3676%EXP DATE: 1984 Aug 15
PDBY GLENCOE 48.463583%MNRL INT: 100.0
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Mineral Schedule "A" Report - Nelson Viking A Unit
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Interests
Seller's
Information
Title
Number
File Lands
REF INT OPER CONTROYALTY INTEXT CODE: 15
C-700-0002 SLIDING SCALESLIDING SCALE
OPER: GLENCOEALL S/S ALL S/S 1/150
OTHER CSS% (MIN 5.0 MAX 15.0 )
ROYALTY LINKSBASED ON 100.0%GAS 15.0% (MIN 0.05/mcf c/mcf)
C-054-0002 BPDBY GLENCOE 48.453109%BASED ON 17.75%
CAPL 1981PDTO GLENCOE 48.36098%
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0008 DB TWP 43 RGE 26 W4M NE SEC 28
C-054-0063 HALL S/S 1/150GLENCOE 48.438159%CR: 0479080114 PNG IN VIKING "A"
CAPL 1990(MIN 5.0 MAX 15.0 )LSE DATE: 1979 Aug 16
No ROFR AppliesGAS 15.0% (MIN 0.05/MCF c/mcf)REF INT: UNIT EFF DATE: 1979 Aug 16
OPER: GLENCOEBASED ON 17.75%GLENCOE 48.3676%EXP DATE: 1984 Aug 15
PDBY GLENCOE 48.446924%MNRL INT: 100.0
REF INT OPER CONTROYALTY INTEXT CODE: 15
C-700-0002 SLIDING SCALESLIDING SCALE
OPER: GLENCOEALL S/S ALL S/S 1/150
OTHER CSS% (MIN 5.0 MAX 15.0 )
ROYALTY LINKSBASED ON 100.0%GAS 15.0% (MIN 0.05/MCF c/mcf)
C-054-0002 APDBY GLENCOE 48.438159%BASED ON 17.75%
CAPL 1981PDTO GLENCOE 48.36098%
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0027 A TWP 43 RGE 26 W4M E SEC 32
C-054-0063 NALL S/S GLENCOE 48.319496%CR: 0484050055 PET IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1984 May 03
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1984 May 03
OPER: GLENCOEPDBY GLENCOE 48.319496%GLENCOE 48.3676%EXP DATE: 1989 May 02
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0002 ALL 0.5%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.325426%
ROYALTY LINKS
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Page 5 of 21Glencoe Resources Ltd.
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Interests
Seller's
Information
Title
Number
File Lands
C-054-0009 BA
CAPL 1981
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0027 BA TWP 43 RGE 26 W4M NW SEC 32
C-054-0063 JALL S/S GLENCOE 48.313574%CR: 0484050055 PET IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1984 May 03
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1984 May 03
OPER: GLENCOEPDBY GLENCOE 48.313574%GLENCOE 48.3676%EXP DATE: 1989 May 02
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0002 ALL 0.5%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.313574%
ROYALTY LINKS
C-054-0009 CA
CAPL 1981
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0541 B TWP 43 RGE 26 W4M NE SEC 33
C-054-0063 BALL 16.0%GLENCOE 47.5%LSE DATE: 1998 Aug 18 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Aug 18 PNG IN VIKING EXCL VIKING "A"
No ROFR AppliesPDBY GLENCOE 47.5%EXP DATE: 2000 Aug 17
OPER: GLENCOEMNRL INT: 25.0
NONCONV GOREXT CODE: HB UNIT
ROYALTY LINKSALL 3.0%
C-054-0037 ABASED ON 100.0%
ROFR UnknownPDBY GLENCOE 47.5%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0541 BA TWP 43 RGE 26 W4M NE SEC 33
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Aug 18 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Aug 18 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2000 Aug 17
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0
NONCONV GOREXT CODE: HB UNIT
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Page 6 of 21Glencoe Resources Ltd.
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Mineral Schedule "A" Report - Nelson Viking A Unit
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Interests
Seller's
Information
Title
Number
File Lands
REF INT OPER CONTALL 3.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.313575%
ROYALTY LINKS
C-054-0037 B
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0544 AA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 15.0%GLENCOE 48.5033%LSE DATE: 1983 Oct 25 SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Oct 25 (UNDIVIDED 1/2 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1988 Oct 24 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0544 DA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 15.0%GLENCOE 49.0725%LSE DATE: 1983 Oct 25 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Oct 25 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1988 Oct 24
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0019 AA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 18.5%GLENCOE 49.0725%LSE DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1987 Apr 23
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
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Interests
Seller's
Information
Title
Number
File Lands
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0019 CA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 18.5%GLENCOE 48.5033%LSE DATE: 1984 Apr 24 SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Apr 23 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0020 AA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 18.5%GLENCOE 49.0725%LSE DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1987 Apr 23
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HBP
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0020 CA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 18.5%GLENCOE 48.5033%LSE DATE: 1984 Apr 24 SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Apr 23 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HBP
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0021 AA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 18.5%GLENCOE 49.0725%LSE DATE: 1984 Apr 02 (UNDIVIDED 1/12 INTEREST)
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Interests
Seller's
Information
Title
Number
File Lands
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1987 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0021 CA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 18.5%GLENCOE 48.5033%LSE DATE: 1984 Apr 02 SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 02 (UNDIVIDED 1/12 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Apr 01 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0022 AA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 18.5%GLENCOE 49.0725%LSE DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1987 Apr 23
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0022 CA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 18.5%GLENCOE 48.5033%LSE DATE: 1984 Apr 24 SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Apr 23 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
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Interests
Seller's
Information
Title
Number
File Lands
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0023 AA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 18.5%GLENCOE 49.0725%LSE DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1987 Apr 23
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0023 CA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 18.5%GLENCOE 48.5033%LSE DATE: 1984 Apr 24 SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Apr 24 (UNDIVIDED 1/12 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Apr 23 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0024 AA TWP 43 RGE 26 W4M SE SEC 33
C-054-0063 OALL 18.5%GLENCOE 49.0725%LSE DATE: 1984 Mar 20 (UNDIVIDED 1/12 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Mar 20 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 49.0725%REF INT: UNIT EXP DATE: 1987 Mar 19
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0024 CA TWP 43 RGE 26 W4M (LSD 3, 6)
C-054-0063 QALL 18.5%GLENCOE 48.5033%LSE DATE: 1984 Mar 20 SW SEC 33
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Report Date: Nov 04, 2017 7:52 am
Page 10 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Mar 20 (UNDIVIDED 1/12 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Mar 19 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 8.3333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0028 E TWP 43 RGE 26 W4M NW SEC 33
C-054-0063 SALL 15.0%GLENCOE 48.315056%LSE DATE: 1982 Feb 23 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1982 Feb 23
No ROFR AppliesPDBY GLENCOE 48.315056%REF INT: UNIT EXP DATE: 1988 Feb 22
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 7.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.315056%
ROYALTY LINKS
C-048-0161 CE
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0032 D TWP 43 RGE 26 W4M (LSD'S 4,
C-054-0063 QALL 20.0%GLENCOE 48.5033%LSE DATE: 1984 Dec 11 5) SW SEC 33
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Dec 11 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.5033%REF INT: UNIT EXP DATE: 1987 Dec 10
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-054-0063 C TWP 43 RGE 26 W4M NE SEC 33
C-054-0063 AALL 3.0%GLENCOE 48.313575%LSE DATE: 1998 Jul 31 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Jul 31 PNG IN VIKING "A"
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:52 am
Page 11 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2000 Jul 30
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 16.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.313575%
ROYALTY LINKS
C-054-0037 B
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-054-0064 C TWP 43 RGE 26 W4M NE SEC 33
C-054-0063 AALL 3.0%GLENCOE 48.313575%LSE DATE: 1998 Jun 08 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Jun 08 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2000 Jun 07
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 15.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.313575%
ROYALTY LINKS
C-054-0037 B
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-054-0065 C TWP 43 RGE 26 W4M NE SEC 33
C-054-0063 AALL 3.0%GLENCOE 48.313575%LSE DATE: 1998 Jul 31 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Jul 31 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2000 Jul 30
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 16.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.313575%
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Report Date: Nov 04, 2017 7:52 am
Page 12 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKS
C-054-0037 B
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0039 B TWP 43 RGE 26 W4M SEC 34
C-054-0063 AALL S/S GLENCOE 48.313575%CR: 0481020159 PNG IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1981 Feb 26
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1981 Feb 26
OPER: GLENCOEPDBY GLENCOE 48.313575%GLENCOE 48.3676%EXP DATE: 1986 Feb 25
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-054-0006 BA TWP 44 RGE 26 W4M E SEC 4
C-054-0063 NALL 0.5%GLENCOE 48.319496%CR: 1082020179 PET IN VIKING "A"
CAPL 1990BASED ON 100.0%LSE DATE: 1982 Apr 20
No ROFR AppliesPDBY GLENCOE 48.325426%REF INT: UNIT EFF DATE: 1982 Feb 14
OPER: GLENCOEGLENCOE 48.3676%EXP DATE: 1987 Feb 13
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 1.0%EXT CODE: 15
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.325426%
ROYALTY LINKSSLIDING SCALE
C-054-0009 AAALL S/S
CAPL 1981OTHER CSS%
No ROFR AppliesBASED ON 100.0%
C-054-0009 AAPDBY GLENCOE 48.319496%
CAPL 1981
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0006 EA TWP 44 RGE 26 W4M SW SEC 4
C-054-0063 UALL S/S GLENCOE 48.32013%CR: 1082020179 PET IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1982 Apr 20
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Page 13 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1982 Feb 14
OPER: GLENCOEPDBY GLENCOE 48.32013%GLENCOE 48.3676%EXP DATE: 1987 Feb 13
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0002 ALL 0.5%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.326674%
ROYALTY LINKS
C-054-0009 EANONCONV GOR
CAPL 1981ALL 1.0%
No ROFR AppliesBASED ON 100.0%
C-054-0009 EAPDBY GLENCOE 48.326674%
CAPL 1981
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0006 HA TWP 44 RGE 26 W4M NW SEC 4
C-054-0063 KALL S/S GLENCOE 48.323451%CR: 1082020179 NG IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1982 Apr 20
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1982 Feb 14
OPER: GLENCOEPDBY GLENCOE 48.323451%GLENCOE 48.3676%EXP DATE: 1987 Feb 13
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0002 ALL 0.5%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.337278%
ROYALTY LINKS
C-054-0009 DDNONCONV GOR
CAPL 1981ALL 1.0%
No ROFR AppliesBASED ON 100.0%
C-054-0009 DDPDBY GLENCOE 48.337278%
CAPL 1981
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0006 HD TWP 44 RGE 26 W4M NW SEC 4
C-054-0063 VALL S/S GLENCOE 48.319699%CR: 1082020179 PET IN VIKING "A"
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Report Date: Nov 04, 2017 7:52 am
Page 14 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CAPL 1990OTHER CSS% LSE DATE: 1982 Apr 20
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1982 Feb 14
OPER: GLENCOEPDBY GLENCOE 48.319699%GLENCOE 48.3676%EXP DATE: 1987 Feb 13
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-054-0026 C TWP 44 RGE 26 W4M SW SEC 5
C-054-0063 SALL 7.0%GLENCOE 48.315056%LSE DATE: 1982 Feb 04 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1982 Feb 04
No ROFR AppliesPDBY GLENCOE 48.315056%REF INT: UNIT EXP DATE: 1992 Feb 03
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 15.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.315056%
ROYALTY LINKS
C-048-0161 AA
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-054-0029 E TWP 44 RGE 26 W4M NW SEC 5
C-054-0063 XALL 7.0%GLENCOE 48.314315%LSE DATE: 1982 Feb 16 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1982 Feb 16 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.314315%REF INT: UNIT EXP DATE: 1987 Feb 15
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 50.0
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 15.0%
C-700-0002 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.314315%
ROYALTY LINKS
C-048-0161 BA
ROFR Unknown
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Report Date: Nov 04, 2017 7:52 am
Page 15 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0030 C TWP 44 RGE 26 W4M NW SEC 5
C-054-0063 XALL 18.0%GLENCOE 48.314315%LSE DATE: 1984 Feb 25 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Feb 25 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.314315%REF INT: UNIT EXP DATE: 1987 Feb 24
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0031 C TWP 44 RGE 26 W4M NW SEC 5
C-054-0063 XALL 18.0%GLENCOE 48.314315%LSE DATE: 1984 Mar 01 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1984 Mar 01 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.314315%REF INT: UNIT EXP DATE: 1987 Feb 28
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 25.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0042 C TWP 44 RGE 26 W4M NE SEC 5
C-054-0063 AALL 20.0%GLENCOE 48.313575%LSE DATE: 1986 Sep 26 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1986 Sep 26
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1987 Sep 25
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0044 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
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Report Date: Nov 04, 2017 7:52 am
Page 16 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0045 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0046 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0048 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
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Report Date: Nov 04, 2017 7:52 am
Page 17 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0110 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0111 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/16 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 6.25
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0112 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0113 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/16 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
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Report Date: Nov 04, 2017 7:52 am
Page 18 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 6.25
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0114 A TWP 44 RGE 26 W4M SE SEC 5
C-054-0063 AALL 15.0%GLENCOE 48.313575%LSE DATE: 1989 Apr 02 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1989 Apr 02 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1991 Apr 01
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 12.5
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0043 DA TWP 44 RGE 26 W4M SE SEC 6
C-054-0063 AALL S/S GLENCOE 48.313575%CR: 0484050056 PNG IN VIKING "A"
CAPL 1990OTHER CSS% LSE DATE: 1984 May 03
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1984 May 03
OPER: GLENCOEPDBY GLENCOE 48.313575%GLENCOE 48.3676%EXP DATE: 1989 May 02
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-054-0060 B TWP 44 RGE 26 W4M NE SEC 6
C-054-0063 AALL S/S 0GLENCOE 48.313575%CR: 0498040098 PNG IN VIKING "A"
CAPL 1990GAS 0.0% (MIN 0 c/mcf)LSE DATE: 1998 Apr 02
No ROFR AppliesOTHER CSS% (MIN 0)REF INT: UNIT EFF DATE: 1998 Apr 02
OPER: GLENCOEBASED ON 100.0%GLENCOE 48.3676%EXP DATE: 2003 Apr 01
PDBY GLENCOE 48.313575%MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0002
OPER: GLENCOE
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Report Date: Nov 04, 2017 7:52 am
Page 19 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PETM-054-0061 BA TWP 44 RGE 26 W4M SE SEC 7
C-054-0063 AOIL 25.0%GLENCOE 48.313575%LSE DATE: 1998 May 13 PET IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1998 May 13
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 1999 May 12
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH NGM-054-0062 BA TWP 44 RGE 26 W4M SE SEC 7
C-054-0063 ABASED ON 100.0%GLENCOE 48.313575%LSE DATE: 1998 May 13 NG IN VIKING "A"
CAPL 1990PDBY GLENCOE 48.313575%EFF DATE: 1998 May 13
No ROFR AppliesREF INT: UNIT EXP DATE: 1999 May 12
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0535 A TWP 44 RGE 26 W4M SW SEC 8
C-054-0063 ZALL 20.0%GLENCOE 48.365112%LSE DATE: 1998 Jan 01 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1988 Jul 19
No ROFR AppliesPDBY GLENCOE 48.365112%REF INT: UNIT EXP DATE: 1993 Jul 18
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 4.0%
C-700-0002 BASED ON 37.5%
OPER: GLENCOEPDBY GLENCOE 46.479975%
ROYALTY LINKS
C-054-0061 A
ROFR Unknown
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:52 am
Page 20 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0536 A TWP 44 RGE 26 W4M SE SEC 8
C-054-0063 ZAALL 20.0%GLENCOE 48.367621%LSE DATE: 1998 May 01 PNG IN VIKING "A"
CAPL 1990BASED ON 100.0%EFF DATE: 1998 May 01
No ROFR AppliesPDBY GLENCOE 48.367621%REF INT: UNIT EXP DATE: 2008 Apr 30
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0057 AA TWP 44 RGE 26 W4M (LSD 5) SW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Mar 19 SEC 9
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Mar 19 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Mar 18
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0057 BA TWP 44 RGE 26 W4M (LSD 6) SW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Mar 19 SEC 9
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Mar 19 (UNDIVIDED 1/3 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Mar 18 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0058 AA TWP 44 RGE 26 W4M (LSD 3) SW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Mar 19 SEC 9
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Mar 19 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Mar 18
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:52 am
Page 21 of 21Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Nelson Viking A Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0058 BA TWP 44 RGE 26 W4M (LSD 6) SW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Mar 19 SEC 9
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Mar 19 (UNDIVIDED 1/3 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Mar 18 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0059 AA TWP 44 RGE 26 W4M (LSD 4) SW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Mar 19 SEC 9
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Mar 19 PNG IN VIKING "A"
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Mar 18
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 0.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-054-0059 BA TWP 44 RGE 26 W4M (LSD 6) SW
C-054-0063 AALL 16.0%GLENCOE 48.313575%LSE DATE: 1998 Mar 19 SEC 9
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Mar 19 (UNDIVIDED 1/3 INTEREST)
No ROFR AppliesPDBY GLENCOE 48.313575%REF INT: UNIT EXP DATE: 2001 Mar 18 PNG IN VIKING "A"
OPER: GLENCOEGLENCOE 48.3676%MNRL INT: 0.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0002
OPER: GLENCOE
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 1 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0046 C TWP 41 RGE 25 W4M SE SEC 10
C-048-0388 AALL S/S GLENCOE 49.3%CR: 30960 PNG IN VIKING "B"
CAPL 1990OTHER CSS% LSE DATE: 1972 Sep 25
No ROFR AppliesPDBY GLENCOE 49.3%REF INT: UNIT EFF DATE: 1972 Sep 24
OPER: GLENCOEGLENCOE 50.255596%EXP DATE: 1982 Sep 23
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 6.5%EXT CODE: 15
C-700-0001 BASED ON 14.0%
OPER: GLENCOEPDBY GLENCOE 45.0%
ROYALTY LINKS
C-048-0357 J
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0047 A TWP 41 RGE 25 W4M NE SEC 10
C-048-0388 BALL S/S GLENCOE 45.78125%CR: 117858 PNG IN VIKING "B"
CAPL 1990OTHER CSS% LSE DATE: 1960 Jan 21
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1959 Dec 03
OPER: GLENCOEPDBY GLENCOE 45.78125%GLENCOE 50.255596%EXP DATE: 1980 Dec 02
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0001 ALL 3.0%
OPER: GLENCOEBASED ON 12.5%
PDBY GLENCOE 48.125%
ROYALTY LINKS
C-048-0358 GNONCONV GOR
ROFR UnknownALL 5.46875%
C-048-0083 FHBASED ON 84.375%
ROFR UnknownPDBY GLENCOE 45.0%
C-048-0357 I
ROFR UnknownNONCONV GOR
ALL 3.0%
BASED ON 12.5%
PDBY GLENCOE 45.0%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 2 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0049 A TWP 41 RGE 25 W4M SE SEC 15
C-048-0388 CALL 12.5%GLENCOE 46.5625%LSE DATE: 1973 Dec 20 PNG IN VIKING "B"
CAPL 1990BASED ON 100.0%EFF DATE: 1973 Dec 20
No ROFR AppliesPDBY GLENCOE 46.5625%REF INT: UNIT EXP DATE: 1978 Dec 19
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 3.0%
C-700-0001 BASED ON 25.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 BBALL 5.75%
ROFR UnknownBASED ON 68.75%
C-048-0357 BPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0358 INONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 25.0%
PDBY GLENCOE 45.0%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0050 A TWP 41 RGE 25 W4M SW SEC 15
C-048-0388 CALL 12.5%GLENCOE 46.5625%LSE DATE: 1973 Jun 20 PNG IN VIKING "B"
CAPL 1990BASED ON 100.0%EFF DATE: 1973 Jun 20
No ROFR AppliesPDBY GLENCOE 46.5625%REF INT: UNIT EXP DATE: 1978 Jun 19
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 3.0%
C-700-0001 BASED ON 25.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 BBALL 5.75%
ROFR UnknownBASED ON 68.75%
C-048-0357 BPDBY GLENCOE 45.0%
ROFR Unknown
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 3 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0358 INONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 25.0%
PDBY GLENCOE 45.0%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0051 A TWP 41 RGE 25 W4M NW SEC 15
C-048-0388 CALL 12.5%GLENCOE 46.5625%LSE DATE: 1973 Jun 19 PNG IN VIKING "B"
CAPL 1990BASED ON 100.0%EFF DATE: 1973 Jun 19
No ROFR AppliesPDBY GLENCOE 46.5625%REF INT: UNIT EXP DATE: 1978 Jun 18
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 3.0%
C-700-0001 BASED ON 25.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 HBALL 5.75%
ROFR UnknownBASED ON 68.75%
C-048-0357 BPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0358 INONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 25.0%
PDBY GLENCOE 45.0%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0052 A TWP 41 RGE 25 W4M NE SEC 15
C-048-0388 CALL 25.0%GLENCOE 46.5625%LSE DATE: 1974 Nov 27 PNG IN VIKING "B"
CAPL 1990BASED ON 100.0%EFF DATE: 1974 Nov 27
No ROFR AppliesPDBY GLENCOE 46.5625%REF INT: UNIT EXP DATE: 1977 Nov 26
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 3.0%
C-700-0001 BASED ON 25.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 4 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKSNONCONV GOR
C-048-0083 BBALL 5.75%
ROFR UnknownBASED ON 68.75%
C-048-0357 BPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0358 INONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 25.0%
PDBY GLENCOE 45.0%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0639 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 11 (UNDIVIDED 1/7 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 11 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 10
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 14.286
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0640 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 11 (UNDIVIDED 1/7 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 11 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 10
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 14.286
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 5 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0641 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 11 (UNDIVIDED 1/7 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 11 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 10
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 14.286
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0642 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 11 (UNDIVIDED 1/7 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 11 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 10
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 14.286
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0643 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 23 (UNDIVIDED 1/14 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 23 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 22
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 6 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 7.143
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0648 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 24 (UNDIVIDED 1/7 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 24 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 23
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 14.682
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0649 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 11 (UNDIVIDED 1/14 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 11 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 10
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 7.143
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 7 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0661 A TWP 41 RGE 25 W4M E SEC 21
C-048-0388 EALL 3.25%GLENCOE 80.0%LSE DATE: 2013 Jan 29 (UNDIVIDED 1/7 INTEREST)
CAPL 1990BASED ON 84.375%EFF DATE: 2013 Jan 29 PNG IN VIKING B
No ROFR AppliesPDBY GLENCOE 80.0%REF INT: UNIT EXP DATE: 2016 Jan 28
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 14.682
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 18.0%
C-700-0001 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 80.0%
ROYALTY LINKS
C-048-0357 C
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0025 A TWP 41 RGE 25 W4M NE SEC 22
C-048-0388 BALL S/S GLENCOE 45.78125%CR: 33847 PNG IN VIKING "B"
CAPL 1990OTHER CSS% LSE DATE: 1974 Feb 04
No ROFR AppliesPDBY GLENCOE 45.78125%REF INT: UNIT EFF DATE: 1974 Feb 04
OPER: GLENCOEGLENCOE 50.255596%EXP DATE: 1984 Feb 03
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 3.0%EXT CODE: 15
C-700-0001 BASED ON 12.5%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 LCALL 6.125%
ROFR UnknownBASED ON 84.375%
C-048-0357 DPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0358 MNONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 12.5%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 8 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
PDBY GLENCOE 45.0%
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0025 B TWP 41 RGE 25 W4M SW SEC 22
C-048-0388 BALL S/S GLENCOE 45.78125%CR: 33847 PNG IN VIKING "B"
CAPL 1990OTHER CSS% LSE DATE: 1974 Feb 04
No ROFR AppliesPDBY GLENCOE 45.78125%REF INT: UNIT EFF DATE: 1974 Feb 04
OPER: GLENCOEGLENCOE 50.255596%EXP DATE: 1984 Feb 03
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 3.0%EXT CODE: 15
C-700-0001 BASED ON 12.5%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 LCALL 6.125%
ROFR UnknownBASED ON 84.375%
C-048-0357 DPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0358 MNONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 12.5%
PDBY GLENCOE 45.0%
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0032 A TWP 41 RGE 25 W4M SE SEC 22
C-048-0388 BALL S/S GLENCOE 45.78125%CR: 33847A PNG IN VIKING "B"
CAPL 1990OTHER CSS% LSE DATE: 1977 May 31
No ROFR AppliesPDBY GLENCOE 45.78125%REF INT: UNIT EFF DATE: 1974 Feb 04
OPER: GLENCOEGLENCOE 50.255596%EXP DATE: 1984 Feb 03
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 3.0%EXT CODE: 15
C-700-0001 BASED ON 12.5%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 MAALL 6.125%
ROFR UnknownBASED ON 84.375%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 9 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0358 LPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0357 ENONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 12.5%
PDBY GLENCOE 45.0%
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0033 A TWP 41 RGE 25 W4M NW SEC 22
C-048-0388 DALL S/S GLENCOE 45.625%CR: 0477010011 PNG IN VIKING "B"
CAPL 1990OTHER CSS% LSE DATE: 1977 Jan 12
No ROFR AppliesPDBY GLENCOE 45.625%REF INT: UNIT EFF DATE: 1977 Jan 12
OPER: GLENCOEGLENCOE 50.255596%EXP DATE: 1982 Jan 11
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 3.0%EXT CODE: 15
C-700-0001 BASED ON 10.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 JBALL 6.2%
ROFR UnknownBASED ON 87.5%
C-048-0357 GPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0358 NNONCONV GOR
ROFR UnknownALL 3.0%
BASED ON 10.0%
PDBY GLENCOE 45.0%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0733 A TWP 41 RGE 25 W4M SW SEC 27
C-048-0430 AALL 3.0%GLENCOE 45.78125%LSE DATE: 2015 Jan 30 PNG IN VIKING "B"
CAPL 1990BASED ON 12.5%EFF DATE: 2015 Jan 30
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2018 Jan 29
OPER: GLENCOEGLENCOE 50.255596%MNRL INT: 100.0
NONCONV GOR
REF INT OPER CONTALL 4.4375%
C-700-0001 BASED ON 84.375%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:47 am
Page 10 of 10Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking B Unit
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEPDBY GLENCOE 45.0%
ROYALTY LINKSNONCONV GOR
C-048-0083 GBALL 3.0%
ROFR UnknownBASED ON 12.5%
C-048-0357 FPDBY GLENCOE 45.0%
ROFR Unknown
C-048-0342 BNONCONV GOR
ROFR UnknownALL 2.0%
C-048-0358 PBASED ON 100.0%
ROFR UnknownPDBY GLENCOE 45.78125%
NONCONV LOR
ALL 18.0%
BASED ON 100.0%
PDBY GLENCOE 45.78125%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-048-0030 A TWP 41 RGE 25 W4M SE SEC 28
C-048-0388 FALL 6.5%GLENCOE 45.0%CR: 117860 PNG IN VIKING "B"
CAPL 1990BASED ON 100.0%LSE DATE: 1960 Jan 21
No ROFR AppliesPDBY GLENCOE 45.0%REF INT: UNIT EFF DATE: 1959 Dec 03
OPER: GLENCOEGLENCOE 50.255596%EXP DATE: 1980 Dec 02
SLIDING SCALEMNRL INT: 100.0
REF INT OPER CONTALL S/S EXT CODE: HB UNIT
C-700-0001 OTHER CSS%
OPER: GLENCOEPDBY GLENCOE 45.0%
ROYALTY LINKS
C-048-0357 H
ROFR Unknown
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:57 am
Page 1 of 11Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 1
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0417 A TWP 42 RGE 26 W4M NE SEC 23
C-048-0383 AALL 17.0%GLENCOE 47.5%LSE DATE: 2004 May 25 PNG IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 2004 May 25
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2007 May 24
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0003
OPER: GLENCOE
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-048-0116 AB TWP 42 RGE 26 W4M SE SEC 24
C-048-0383 BALL 7.0%GLENCOE 48.3875%CR: 0477030147 PNG IN VIKING "E"
CAPL 1990BASED ON 35.5%LSE DATE: 1977 Mar 30
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEGLENCOE 47.958203%EXP DATE: 1982 Mar 29
SLIDING SCALEMNRL INT: 100.0
REF INT OPER CONTALL S/S EXT CODE: 15
C-700-0003 OTHER CSS%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.3875%
ROYALTY LINKS
C-048-0309 ENONCONV GOR
ROFR UnknownALL 2.0%
C-054-0008 CDBASED ON 50.0%
ROFR UnknownPDBY GLENCOE 47.5%
CUR INT OPER CONTSLIDING SCALECUR INT: POOL LSE TYPE: CR PNGM-048-0116 AC TWP 42 RGE 26 W4M SE SEC 24
C-048-0306 ABALL S/S GLENCOE 62.20422%CR: 0477030147 EDM/BELLY RIVER NG VENT FLOW
CAPL 1990OTHER CSS% LSE DATE: 1977 Mar 30 PRODUCTION FROM 8-24-42-26
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1977 Mar 30 W4M WELL
OPER: GLENCOEPDBY GLENCOE 58.05%GLENCOE 47.958203%EXP DATE: 1982 Mar 29
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0003 ALL 2.0%
OPER: GLENCOEBASED ON 50.0%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 7:57 am
Page 2 of 11Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 1
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
PDBY GLENCOE 90.0%
RENT INT OPER CONT
C-048-0306 AB
CAPL 1990
No ROFR Applies
OPER: GLENCOE
ROYALTY LINKS
C-054-0008 CC
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-048-0116 BC TWP 42 RGE 26 W4M NW SEC 24
C-048-0383 DALL 7.0%GLENCOE 48.254063%CR: 0477030147 PNG IN VIKING "E"
CAPL 1990BASED ON 30.1625%LSE DATE: 1977 Mar 30
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEGLENCOE 47.958203%EXP DATE: 1982 Mar 29
SLIDING SCALEMNRL INT: 100.0
REF INT OPER CONTALL S/S EXT CODE: 15
C-700-0003 OTHER CSS%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.254063%
ROYALTY LINKS
C-048-0309 GNONCONV GOR
ROFR UnknownALL 2.0%
C-054-0008 CDBASED ON 50.0%
ROFR UnknownPDBY GLENCOE 47.5%
CUR INT OPER CONTSLIDING SCALECUR INT: POOL LSE TYPE: CR PNGM-048-0116 BE TWP 42 RGE 26 W4M NW SEC 24
C-048-0306 ABALL S/S GLENCOE 62.20422%CR: 0477030147 EDM/BELLY RIVER NG VENT FLOW
CAPL 1990OTHER CSS% LSE DATE: 1977 Mar 30 PRODUCTION FROM 8-24-42-26
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1977 Mar 30 W4M WELL
OPER: GLENCOEPDBY GLENCOE 62.85375%GLENCOE 47.958203%EXP DATE: 1982 Mar 29
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
C-700-0003 ALL 2.0%
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Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEBASED ON 50.0%
PDBY GLENCOE 90.0%
RENT INT OPER CONT
C-048-0306 AB
CAPL 1990
No ROFR Applies
OPER: GLENCOE
ROYALTY LINKS
C-054-0008 CC
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-048-0116 CB TWP 42 RGE 26 W4M SW SEC 24
C-048-0383 CALL 7.0%GLENCOE 48.18735%CR: 0477030147 PNG IN VIKING "E"
CAPL 1990BASED ON 27.494%LSE DATE: 1977 Mar 30
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEGLENCOE 47.958203%EXP DATE: 1982 Mar 29
SLIDING SCALEMNRL INT: 100.0
REF INT OPER CONTALL S/S EXT CODE: 15
C-700-0003 OTHER CSS%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.18735%
ROYALTY LINKS
C-048-0309 FNONCONV GOR
ROFR UnknownALL 2.0%
C-054-0008 CDBASED ON 50.0%
ROFR UnknownPDBY GLENCOE 47.5%
CUR INT OPER CONTSLIDING SCALECUR INT: POOL LSE TYPE: CR PNGM-048-0116 CD TWP 42 RGE 26 W4M SW SEC 24
C-048-0306 ABALL S/S GLENCOE 62.20422%CR: 0477030147 EDM/BELLY RIVER NG VENT FLOW
CAPL 1990OTHER CSS% LSE DATE: 1977 Mar 30 PRODUCTION FROM 8-24-42-26
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1977 Mar 30 W4M WELL
OPER: GLENCOEPDBY GLENCOE 65.2554%GLENCOE 47.958203%EXP DATE: 1982 Mar 29
MNRL INT: 100.0
REF INT OPER CONTNONCONV GOREXT CODE: 15
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-700-0003 ALL 2.0%
OPER: GLENCOEBASED ON 50.0%
PDBY GLENCOE 90.0%
RENT INT OPER CONT
C-048-0306 AB
CAPL 1990
No ROFR Applies
OPER: GLENCOE
ROYALTY LINKS
C-054-0008 CC
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-048-0116 DB TWP 42 RGE 26 W4M NE SEC 24
C-048-0383 EALL 7.0%GLENCOE 48.259508%CR: 0477030147 PNG IN VIKING "E"
CAPL 1990BASED ON 30.3803%LSE DATE: 1977 Mar 30
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEGLENCOE 47.958203%EXP DATE: 1982 Mar 29
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 2.0%EXT CODE: 15
C-700-0003 BASED ON 50.0%
OPER: GLENCOEPDBY GLENCOE 47.756755%
ROYALTY LINKSSLIDING SCALE
C-048-0309 HALL S/S
ROFR UnknownOTHER CSS%
C-054-0008 CABASED ON 100.0%
ROFR UnknownPDBY GLENCOE 48.259508%
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0078 B TWP 42 RGE 26 W4M SW SEC 25
C-048-0383 FALL S/S GLENCOE 47.916668%CR: 0483080147 PNG IN VIKING "E"
CAPL 1990OTHER CSS% LSE DATE: 1983 Aug 25
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1983 Aug 25
OPER: GLENCOEPDBY GLENCOE 47.916668%GLENCOE 47.958203%EXP DATE: 1988 Aug 24
MNRL INT: 100.0
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
REF INT OPER CONTNONCONV GORROYALTY INTEXT CODE: 15
C-700-0003 ALL 7.0%NONCONV GOR
OPER: GLENCOEBASED ON 16.6667%ALL 2.0%
PDBY GLENCOE 50.0%BASED ON 23.775%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0309 CNONCONV GOR
ROFR UnknownALL 2.0%
C-048-0114 JBASED ON 23.775%
ROFR UnknownPDBY GLENCOE 47.5%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0431 C TWP 42 RGE 26 W4M NW SEC 25
C-048-0383 GALL 7.0%GLENCOE 48.4375%LSE DATE: 2005 Sep 05 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 37.5%EFF DATE: 2005 Sep 05 (LIES EAST OF EAST LIMIT OF
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2008 Sep 04 ROAD ALLOWANCE - TOTAL 128.68
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 25.0 AC=52.1 HA)
NONCONV LOREXT CODE: HB UNIT (NOTE: ENTIRE ACREAGE FOR NW
REF INT OPER CONTOIL 17.5%25 IS 52.1 HA DUE TO
C-700-0003 BASED ON 100.0%SHARP-HEAD RESERVE)
OPER: GLENCOEPDBY GLENCOE 48.4375%PNG IN VIKING "E"
ROYALTY LINKSNONCONV LOR
C-048-0309 DSLIDING SCALE
ROFR UnknownGAS S/S
BASED ON 100.0%
PDBY GLENCOE 48.4375%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0432 C TWP 42 RGE 26 W4M NW SEC 25
C-048-0383 GALL 7.0%GLENCOE 48.4375%LSE DATE: 2005 Sep 05 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 37.5%EFF DATE: 2005 Sep 05 (LIES EAST OF EAST LIMIT OF
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2008 Sep 04 ROAD ALLOWANCE - TOTAL 128.68
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 16.66 AC=52.1 HA)
NONCONV LOREXT CODE: HB UNIT (NOTE: ENTIRE ACREAGE FOR NW
REF INT OPER CONTOIL 17.5%25 IS 52.1 HA DUE TO
C-700-0003 BASED ON 100.0%SHARP-HEAD RESERVE)
OPER: GLENCOEPDBY GLENCOE 48.4375%PNG IN VIKING "E"
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 1
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKSNONCONV LOR
C-048-0309 DSLIDING SCALE
ROFR UnknownGAS S/S
BASED ON 100.0%
PDBY GLENCOE 48.4375%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0433 C TWP 42 RGE 26 W4M NW SEC 25
C-048-0383 GALL 7.0%GLENCOE 48.4375%LSE DATE: 2005 Sep 05 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 37.5%EFF DATE: 2005 Sep 05 (LIES EAST OF EAST LIMIT OF
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2008 Sep 04 ROAD ALLOWANCE - TOTAL 128.68
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 16.67 AC=52.1 HA)
NONCONV LOREXT CODE: HB UNIT (NOTE: ENTIRE ACREAGE FOR NW
REF INT OPER CONTOIL 17.5%25 IS 52.1 HA DUE TO
C-700-0003 BASED ON 100.0%SHARP-HEAD RESERVE)
OPER: GLENCOEPDBY GLENCOE 48.4375%PNG IN VIKING "E"
ROYALTY LINKSNONCONV LOR
C-048-0309 DSLIDING SCALE
ROFR UnknownGAS S/S
BASED ON 100.0%
PDBY GLENCOE 48.4375%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0434 C TWP 42 RGE 26 W4M NW SEC 25
C-048-0383 GALL 7.0%GLENCOE 48.4375%LSE DATE: 2005 Sep 05 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 37.5%EFF DATE: 2005 Sep 05 (LIES EAST OF EAST LIMIT OF
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2008 Sep 04 ROAD ALLOWANCE - TOTAL 128.68
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 25.0 AC=52.1 HA)
NONCONV LOREXT CODE: HB UNIT (NOTE: ENTIRE ACREAGE FOR NW
REF INT OPER CONTOIL 17.5%25 IS 52.1 HA DUE TO
C-700-0003 BASED ON 100.0%SHARP-HEAD RESERVE)
OPER: GLENCOEPDBY GLENCOE 48.4375%PNG IN VIKING "E"
ROYALTY LINKSNONCONV LOR
C-048-0309 DSLIDING SCALE
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 1
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROFR UnknownGAS S/S
BASED ON 100.0%
PDBY GLENCOE 48.4375%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0435 C TWP 42 RGE 26 W4M NW SEC 25
C-048-0383 GALL 7.0%GLENCOE 48.4375%LSE DATE: 2005 Sep 05 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 37.5%EFF DATE: 2005 Sep 05 (LIES EAST OF EAST LIMIT OF
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2008 Sep 04 ROAD ALLOWANCE - TOTAL 128.68
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 16.67 AC=52.1 HA)
NONCONV LOREXT CODE: HB UNIT (NOTE: ENTIRE ACREAGE FOR NW
REF INT OPER CONTOIL 17.5%25 IS 52.1 HA DUE TO
C-700-0003 BASED ON 100.0%SHARP-HEAD RESERVE)
OPER: GLENCOEPDBY GLENCOE 48.4375%PNG IN VIKING "E"
ROYALTY LINKSNONCONV LOR
C-048-0309 DSLIDING SCALE
ROFR UnknownGAS S/S
BASED ON 100.0%
PDBY GLENCOE 48.4375%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0464 C TWP 42 RGE 26 W4M SE SEC 25
C-048-0383 AALL 17.0%GLENCOE 47.5%LSE DATE: 2005 Sep 29 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Sep 29 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2007 Sep 28
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 50.0
SLIDING SCALEEXT CODE: HB UNIT
REF INT OPER CONTALL S/S 23.8365
C-700-0003 (MIN 5.0 MAX 15.0 )
OPER: GLENCOEGAS 15.0%
BASED ON 100.0%
ROYALTY LINKSPDBY GLENCOE 47.5%
C-048-0281 AB
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0501 B TWP 42 RGE 26 W4M SE SEC 25
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0383 AALL 18.0%GLENCOE 47.5%LSE DATE: 2003 Jan 30 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2003 Feb 24 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2006 Feb 23
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0003
OPER: GLENCOE
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0126 AA TWP 42 RGE 26 W4M (PTN) SE
C-048-0383 HALL 7.0%GLENCOE 48.00075%LSE DATE: 1979 May 15 SEC 26
CAPL 1990BASED ON 20.03%EFF DATE: 1979 May 15 (15.2 HA OR 37.6 AC)
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 1984 May 14 PNG IN VIKING "E"
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 7.5%ROYALTY INT
C-700-0003 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 7.5%
BASED ON 100.0%
ROYALTY LINKSNONCONV LORPDTO GLENCOE 28.5%
C-048-0127 DAALL 3.0%
ROFR UnknownBASED ON 100.0%ROYALTY INT
C-048-0147 ABPDBY GLENCOE 48.00075%NONCONV LOR
ROFR UnknownALL 3.0%
C-048-0309 ANONCONV LORBASED ON 100.0%
ROFR UnknownALL 9.5%PDTO GLENCOE 28.89406%
C-048-0114 KBASED ON 100.0%
ROFR UnknownPDBY GLENCOE 48.00075%ROYALTY INT
NONCONV GOR
NONCONV GORALL 2.0%
ALL 2.0%BASED ON 42.7474%
BASED ON 42.7474%PDTO GLENCOE 47.5%
PDBY GLENCOE 47.5%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0126 B TWP 42 RGE 26 W4M NE SEC 26
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Interests
Seller's
Information
Title
Number
File Lands
C-048-0383 AALL 9.5%GLENCOE 47.5%LSE DATE: 1979 May 15 (76.5 HA OR 189.5 AC)
CAPL 1990BASED ON 100.0%EFF DATE: 1979 May 15 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1984 May 14
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 2.0%ROYALTY INT
C-700-0003 BASED ON 71.325%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 71.325%
ROYALTY LINKSNONCONV GORPDTO GLENCOE 47.5%
C-048-0114 LALL 7.5%
ROFR UnknownBASED ON 100.0%ROYALTY INT
C-048-0127 HAPDBY GLENCOE 47.5%NONCONV GOR
ROFR UnknownALL 7.5%
C-048-0147 CANONCONV LORBASED ON 100.0%
ROFR UnknownALL 3.0%PDTO GLENCOE 28.5%
BASED ON 100.0%
PDBY GLENCOE 47.5%ROYALTY INT
NONCONV LOR
ALL 3.0%
BASED ON 100.0%
PDTO GLENCOE 28.89406%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0127 A TWP 42 RGE 26 W4M NW SEC 26
C-048-0383 AALL 9.5%GLENCOE 47.5%LSE DATE: 1979 May 15 (64.7 HA OR 160 ACRES)
CAPL 1990BASED ON 100.0%EFF DATE: 1979 May 15 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1984 May 14
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 2.0%ROYALTY INT
C-700-0003 BASED ON 71.325%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 71.325%
ROYALTY LINKSNONCONV GORPDTO GLENCOE 47.5%
C-048-0114 LALL 7.5%
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Interests
Seller's
Information
Title
Number
File Lands
ROFR UnknownBASED ON 100.0%ROYALTY INT
C-048-0127 HAPDBY GLENCOE 47.5%NONCONV GOR
ROFR UnknownALL 7.5%
C-048-0147 CANONCONV LORBASED ON 100.0%
ROFR UnknownALL 3.0%PDTO GLENCOE 28.5%
BASED ON 100.0%
PDBY GLENCOE 47.5%ROYALTY INT
NONCONV LOR
ALL 3.0%
BASED ON 100.0%
PDTO GLENCOE 28.89406%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0127 CA TWP 42 RGE 26 W4M (PTN) SW
C-048-0383 IALL 7.0%GLENCOE 48.2558594%LSE DATE: 1979 May 15 SEC 26
CAPL 1990BASED ON 30.234375%EFF DATE: 1979 May 15 (12.5 HA OR 31 ACRES)
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 1984 May 14 PNG IN VIKING "E"
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 12.5%ROYALTY INT
C-700-0003 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 48.2558594%ALL 7.5%
BASED ON 100.0%
ROYALTY LINKSNONCONV GORPDTO GLENCOE 28.5%
C-048-0127 EAALL 7.5%
ROFR UnknownBASED ON 100.0%
C-048-0309 BPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0130 AA TWP 42 RGE 26 W4M (PTN) SW
C-048-0383 IALL 7.0%GLENCOE 48.2558594%LSE DATE: 1983 Jul 18 SEC 26
CAPL 1990BASED ON 30.234375%EFF DATE: 1983 Jul 18 (PTN METHODIST MISSION -
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 1986 Jul 17 52.2 HA OR 129 ACRES->
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0 CONFIRMING WITH LAWYERS)
NONCONV LOREXT CODE: HB UNIT PNG IN VIKING "E"
REF INT OPER CONTALL 20.0%
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 1
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Interests
Seller's
Information
Title
Number
File Lands
C-700-0003 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 48.2558594%
ROYALTY LINKS
C-048-0309 B
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0130 B TWP 42 RGE 26 W4M (PTN) SE
C-048-0383 HALL 20.0%GLENCOE 48.00075%LSE DATE: 1983 Jul 18 SEC 26
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Jul 18 (PTN METHODIST MISSION -
No ROFR AppliesPDBY GLENCOE 48.00075%REF INT: UNIT EXP DATE: 1986 Jul 17 151.6 AC OR 61.30 HA)
OPER: GLENCOEGLENCOE 47.958203%MNRL INT: 100.0 PNG IN VIKING "E"
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 7.0%ROYALTY INT
C-700-0003 BASED ON 20.03%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 50.0%ALL 2.0%
BASED ON 42.7474%
ROYALTY LINKSNONCONV GORPDTO GLENCOE 47.5%
C-048-0309 AALL 2.0%
ROFR UnknownBASED ON 42.7474%
C-048-0114 KPDBY GLENCOE 47.5%
ROFR Unknown
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Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0128 B TWP 42 RGE 26 W4M SE SEC 34
C-048-0384 AALL 2.0%GLENCOE 48.0%LSE DATE: 1979 May 15 (61.1 HA)
CAPL 1990BASED ON 53.4937%EFF DATE: 1979 May 15 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1984 May 14
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 7.5%ROYALTY INT
C-700-0007 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 48.0%ALL 2.0%
BASED ON 53.4937%
ROYALTY LINKSSLIDING SCALEPDTO GLENCOE 47.5%
C-048-0114 EALL S/S
ROFR Unknown(MIN 6.0 MAX 12.0 )ROYALTY INT
C-048-0127 AABASED ON 20.0%NONCONV GOR
ROFR UnknownPDBY GLENCOE 50.0%ALL 7.5%
C-048-0323 ABASED ON 100.0%
ROFR UnknownNONCONV LORPDTO GLENCOE 28.5%
ALL 12.5%
BASED ON 100.0%
PDBY GLENCOE 48.0%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0128 C TWP 42 RGE 26 W4M (PTN) NE
C-048-0384 AALL 12.5%GLENCOE 48.0%LSE DATE: 1979 May 15 SEC 34
CAPL 1990BASED ON 100.0%EFF DATE: 1979 May 15 (72 HA EXCL PTN COVERED BY
No ROFR AppliesPDBY GLENCOE 48.0%REF INT: UNIT EXP DATE: 1984 May 14 WATERS OF BATTLE RIVER)
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0 PNG IN VIKING "E"
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 2.0%ROYALTY INT
C-700-0007 BASED ON 53.4937%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 53.4937%
ROYALTY LINKSNONCONV GORPDTO GLENCOE 47.5%
C-048-0127 AAALL 7.5%
ROFR UnknownBASED ON 100.0%ROYALTY INT
C-048-0323 APDBY GLENCOE 48.0%NONCONV GOR
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Interests
Seller's
Information
Title
Number
File Lands
ROFR UnknownALL 7.5%
C-048-0114 ESLIDING SCALEBASED ON 100.0%
ROFR UnknownALL S/S PDTO GLENCOE 28.5%
(MIN 6.0 MAX 12.0 )
BASED ON 20.0%
PDBY GLENCOE 50.0%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0533 A TWP 42 RGE 26 W4M NW SEC 34
C-048-0384 BALL 17.0%GLENCOE 47.5%LSE DATE: 2011 Feb 09 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2011 Feb 09 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2014 Feb 08
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0534 A TWP 42 RGE 26 W4M NW SEC 34
C-048-0384 BALL 17.0%GLENCOE 47.5%LSE DATE: 2011 Feb 09 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2011 Feb 09 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2014 Feb 08
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0500 A TWP 43 RGE 26 W4M NW SEC 1
C-048-0384 BALL 20.0%GLENCOE 47.5%LSE DATE: 2006 Jun 10 PNG IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 2006 Jun 10
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2009 Jun 09
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:00 am
Page 3 of 8Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 2
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0512 A TWP 43 RGE 26 W4M SE SEC 1
C-048-0384 BALL 20.0%GLENCOE 47.5%LSE DATE: 2007 Aug 22 (UNDIVIDED 17/100 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Aug 22 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Aug 21
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 17.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0513 A TWP 43 RGE 26 W4M SW SEC 1
C-048-0384 BALL 20.0%GLENCOE 47.5%LSE DATE: 2007 Aug 22 (UNDIVIDED 17/100 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Aug 22 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Aug 21
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 17.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0523 A TWP 43 RGE 26 W4M SW SEC 1
C-048-0384 BSLIDING SCALEGLENCOE 47.5%LSE DATE: 2008 Jan 20 (UNDIVIDED 83/100 INTEREST)
CAPL 1990ALL S/S EFF DATE: 2008 Jan 20 PNG IN VIKING "E"
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EXP DATE: 2011 Jan 19
OPER: GLENCOEPDBY GLENCOE 47.5%GLENCOE 47.986916%MNRL INT: 83.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0523 B TWP 43 RGE 26 W4M SE SEC 1
C-048-0384 BSLIDING SCALEGLENCOE 47.5%LSE DATE: 2008 Jan 20 (UNDIVIDED 83/100 INTEREST)
CAPL 1990ALL S/S EFF DATE: 2008 Jan 20 PNG IN VIKING "E"
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:00 am
Page 4 of 8Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 2
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EXP DATE: 2011 Jan 19
OPER: GLENCOEPDBY GLENCOE 47.5%GLENCOE 47.986916%MNRL INT: 83.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0129 A TWP 43 RGE 26 W4M (PTN) NE
C-048-0384 BALL 12.5%GLENCOE 47.5%LSE DATE: 1981 Sep 24 SEC 2
CAPL 1990BASED ON 100.0%EFF DATE: 1981 Sep 24 (EXCL 2 AC OR 0 809 HA STRIP
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1987 Sep 23 PARALLEL TO THE SHARPHEAD
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0 INDIAN RESERVE)
NONCONV GOREXT CODE: HB UNIT PNG IN VIKING "E"
REF INT OPER CONTALL 10.0%
C-700-0007 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKS
C-048-0157 AA
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0131 A TWP 43 RGE 26 W4M (PTN) NW
C-048-0384 BALL 12.5%GLENCOE 47.5%LSE DATE: 1983 Sep 12 SEC 2
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Sep 12 (EXCL 2 AC OR .809 HA OF
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1989 Sep 11 SHARPHEAD INDIAN RESERVE)
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0 PNG IN VIKING "E"
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 10.0%
C-700-0007 BASED ON 100.0%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKS
C-048-0158 AA
ROFR Unknown
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:00 am
Page 5 of 8Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 2
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0132 A TWP 43 RGE 26 W4M SE SEC 2
C-048-0384 BALL 17.0%GLENCOE 47.5%LSE DATE: 1983 Sep 28 (UNDIVIDED 83/100 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Sep 28 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1986 Sep 27
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 83.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 2.0%ROYALTY INT
C-700-0007 BASED ON 71.325%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 71.325%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0114 M
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: IOG PNGM-048-0158 A TWP 43 RGE 26 W4M (PTN) NE
C-048-0384 BALL S/S GLENCOE 47.5%LSE DATE: 1985 Apr 25 SEC 2
CAPL 1990BASED ON 100.0%EFF DATE: 1985 Apr 25 (2 ACRE OR 0.809 HA STRIP
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1990 Apr 24 ONLY)
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0 PNG IN VIKING "E"
EXT CODE: SEC 24
REF INT OPER CONTEXT DATE: 2020 Apr 24
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: IOG PNGM-048-0158 B TWP 43 RGE 26 W4M (PTN) NW
C-048-0384 BALL S/S GLENCOE 47.5%LSE DATE: 1985 Apr 25 SEC 2
CAPL 1990BASED ON 100.0%EFF DATE: 1985 Apr 25 (2 ACRE OR 0.809 HA STRIP
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1990 Apr 24 ONLY)
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 100.0 PNG IN VIKING "E"
EXT CODE: SEC 24
REF INT OPER CONTEXT DATE: 2020 Apr 24
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0183 A TWP 43 RGE 26 W4M SE SEC 2
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:00 am
Page 6 of 8Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 2
Wells
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0384 BALL 18.5%GLENCOE 47.5%LSE DATE: 1983 Apr 13 (UNDIVIDED 17/100 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Apr 13 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1986 Apr 12
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 17.0
NONCONV GOREXT CODE: HB UNIT
REF INT OPER CONTALL 2.0%ROYALTY INT
C-700-0007 BASED ON 71.325%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 71.325%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0114 M
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0503 A TWP 43 RGE 26 W4M SW SEC 2
C-048-0384 BALL 17.0%GLENCOE 47.5%LSE DATE: 2007 Feb 04 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Feb 04 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Feb 03
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 50.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0504 A TWP 43 RGE 26 W4M SW SEC 2
C-048-0384 BALL 17.0%GLENCOE 47.5%LSE DATE: 2007 Feb 04 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Feb 04 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Feb 03
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 50.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0007
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0553 A TWP 43 RGE 26 W4M SE SEC 11
C-048-0384 CALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Apr 15 (UNDIVIDED 1/5 INTEREST)
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:00 am
Page 7 of 8Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 2
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CAPL 1990PDBY GLENCOE 50.0%EFF DATE: 2009 Apr 15 PNG IN VIKING "E"
No ROFR AppliesREF INT: UNIT EXP DATE: 2012 Apr 14
OPER: GLENCOESLIDING SCALEGLENCOE 47.986916%MNRL INT: 20.0
ALL S/S EXT CODE: HB UNIT
REF INT OPER CONT(MIN 6.0 MAX 12.0 )
C-700-0007 BASED ON 50.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0326 A
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0553 B TWP 43 RGE 26 W4M (PTN) SW
C-048-0384 CALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Apr 15 SEC 11
CAPL 1990PDBY GLENCOE 50.0%EFF DATE: 2009 Apr 15 (64.7 HA EXCL. 0.809 HA)
No ROFR AppliesREF INT: UNIT EXP DATE: 2012 Apr 14 (UNDIVIDED 1/5 INTEREST)
OPER: GLENCOESLIDING SCALEGLENCOE 47.986916%MNRL INT: 20.0 PNG IN VIKING "E"
ALL S/S EXT CODE: HB UNIT
REF INT OPER CONT(MIN 6.0 MAX 12.0 )
C-700-0007 BASED ON 50.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0326 A
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0554 A TWP 43 RGE 26 W4M (PTN) SW
C-048-0384 CALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Apr 14 SEC 11
CAPL 1990PDBY GLENCOE 50.0%EFF DATE: 2009 Apr 14 (0.809 HA PORTION)
No ROFR AppliesREF INT: UNIT EXP DATE: 2012 Apr 13 PNG IN VIKING "E"
OPER: GLENCOESLIDING SCALEGLENCOE 47.986916%MNRL INT: 100.0
ALL S/S EXT CODE: HB UNIT
REF INT OPER CONT(MIN 6.0 MAX 12.0 )
C-700-0007 BASED ON 50.0%
OPER: GLENCOEPDBY GLENCOE 50.0%
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:00 am
Page 8 of 8Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 2
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKS
C-048-0326 A
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0555 A TWP 43 RGE 26 W4M SE SEC 11
C-048-0384 CALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Mar 19 (UNDIVIDED 4/5 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2009 Mar 19 PNG IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2012 Mar 18
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 80.0
SLIDING SCALEEXT CODE: HB UNIT
REF INT OPER CONTALL S/S
C-700-0007 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 50.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0326 A
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0555 B TWP 43 RGE 26 W4M (PTN) SW
C-048-0384 CALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Mar 19 SEC 11
CAPL 1990BASED ON 100.0%EFF DATE: 2009 Mar 19 (EXCLUDING .809 HECTARES)
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2012 Mar 18 (UNDIVIDED 4/5 INTEREST)
OPER: GLENCOEGLENCOE 47.986916%MNRL INT: 80.0 PNG IN VIKING "E"
SLIDING SCALEEXT CODE: HB UNIT
REF INT OPER CONTALL S/S
C-700-0007 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 50.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0326 A
ROFR Unknown
CS*EXPLORER Version 9.10.04
Report Date: Nov 04, 2017 8:06 am
Page 1 of 18Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0086 A TWP 41 RGE 25 W4M NW SEC 32
C-048-0385 AALL S/S GLENCOE 47.5%CR: 0476120101 PET IN VIKING "E"
CAPL 1990OTHER CSS% LSE DATE: 1976 Dec 15
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1976 Dec 15
OPER: GLENCOEPDBY GLENCOE 47.5%GLENCOE 47.8930209%EXP DATE: 1981 Dec 14
MNRL INT: 100.0
REF INT OPER CONTSLIDING SCALEROYALTY INTEXT CODE: 15
C-700-0009 ALL S/S 1/150SLIDING SCALE
OPER: GLENCOE(MIN 5.0 MAX 15.0 )ALL S/S 1/150
GAS 15.0% (MIN 0.25/MCF c/mcf)(MIN 5.0 MAX 15.0 )
ROYALTY LINKSOTHER 15% GAS 15.0% (MIN 0.25/MCF c/mcf)
C-048-0133 ABBASED ON 100.0%OTHER 15%
CAPL 1981PDBY GLENCOE 47.5%BASED ON 100.0%
No ROFR AppliesPDTO GLENCOE 48.75%
C-048-0337 HSLIDING SCALE
General 0000ALL S/S
No ROFR Applies(MIN 6.0 MAX 12.0 )
PDBY GLENCOE 50.0%
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0086 B TWP 41 RGE 25 W4M NE SEC 32
C-048-0385 CALL S/S GLENCOE 48.125%CR: 0476120101 PET IN VIKING "E"
CAPL 1990OTHER CSS% LSE DATE: 1976 Dec 15
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1976 Dec 15
OPER: GLENCOEPDBY GLENCOE 48.125%GLENCOE 47.8930209%EXP DATE: 1981 Dec 14
MNRL INT: 100.0
REF INT OPER CONTNONCONV GORROYALTY INTEXT CODE: 15
C-700-0009 ALL 20.0%NONCONV GOR
OPER: GLENCOEBASED ON 17.83125%ALL 20.0%
PDBY GLENCOE 47.5%BASED ON 17.83125%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0114 HSLIDING SCALE
ROFR UnknownALL S/S
C-048-0337 A(MIN 6.0 MAX 12.0 )
General 0000BASED ON 25.0%
No ROFR AppliesPDBY GLENCOE 50.0%
CS*EXPLORER Version 9.10.04
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Page 2 of 18Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0135 A TWP 41 RGE 25 W4M SW SEC 33
C-048-0385 AALL 12.5%GLENCOE 47.5%LSE DATE: 1973 Mar 14 PET IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 1973 Mar 14
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1978 Mar 13
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
SLIDING SCALEEXT CODE: HBP
REF INT OPER CONTOIL S/S 1/150ROYALTY INT
C-700-0009 (MIN 5.0 MAX 15.0 )SLIDING SCALE
OPER: GLENCOEBASED ON 100.0%OIL S/S 1/150
PDBY GLENCOE 47.5%(MIN 5.0 MAX 15.0 )
ROYALTY LINKSBASED ON 100.0%
C-048-0133 BBSLIDING SCALEPDTO GLENCOE 48.75%
CAPL 1981ALL S/S
No ROFR Applies(MIN 6.0 MAX 12.0 )
C-048-0337 HPDBY GLENCOE 50.0%
General 0000
No ROFR AppliesNONCONV GOR
C-048-0342 AALL 2.0%
ROFR UnknownBASED ON 100.0%
PDBY GLENCOE 50.0%
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0559 A TWP 41 RGE 25 W4M NW SEC 33
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2009 Jul 21 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2009 Jul 21 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2012 Jul 20
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0569 A TWP 41 RGE 25 W4M NW SEC 33
C-048-0385 AALL 17.0%GLENCOE 47.5%LSE DATE: 2010 Feb 08 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Feb 08 PET IN VIKING "E"
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Report Date: Nov 04, 2017 8:06 am
Page 3 of 18Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2013 Feb 07
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0587 B TWP 42 RGE 25 W4M SW SEC 5
C-048-0385 FOIL S/S GLENCOE 48.192708%LSE DATE: 2011 Mar 14 (UNDIVIDED 1/3 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2011 Mar 14 PET IN VIKING "E"
No ROFR AppliesBASED ON 27.7083%REF INT: UNIT EXP DATE: 2014 Mar 13
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 47.8930209%MNRL INT: 33.334
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
C-700-0009 ALL 16.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.192708%
ROYALTY LINKS
C-048-0337 C
General 0000
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0588 B TWP 42 RGE 25 W4M SW SEC 5
C-048-0385 FOIL S/S GLENCOE 48.192708%LSE DATE: 2011 Mar 15 (UNDIVIDED 1/3 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2011 Mar 15 PET IN VIKING "E"
No ROFR AppliesBASED ON 27.7083%REF INT: UNIT EXP DATE: 2014 Mar 14
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 47.8930209%MNRL INT: 33.334
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
C-700-0009 ALL 16.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.192708%
ROYALTY LINKS
C-048-0337 C
General 0000
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Page 4 of 18Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR Applies
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0589 B TWP 42 RGE 25 W4M SW SEC 5
C-048-0385 FOIL S/S GLENCOE 48.192708%LSE DATE: 2011 Mar 14 (UNDIVIDED 1/3 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2011 Mar 14 PET IN VIKING "E"
No ROFR AppliesBASED ON 27.7083%REF INT: UNIT EXP DATE: 2014 Mar 13
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 47.8930209%MNRL INT: 33.334
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
C-700-0009 ALL 16.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 48.192708%
ROYALTY LINKS
C-048-0337 C
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0590 A TWP 42 RGE 25 W4M SE SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2010 Dec 18 (UNDIVIDED 1/2 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Dec 18 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Dec 17
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 50.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0591 A TWP 42 RGE 25 W4M SE SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2010 Dec 18 (UNDIVIDED 25/72 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Dec 18 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Dec 17
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 34.722
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0592 A TWP 42 RGE 25 W4M SE SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2010 Dec 18 (UNDIVIDED 5/72 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Dec 18 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Dec 17
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 6.945
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0593 A TWP 42 RGE 25 W4M SE SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2010 Dec 18 (UNDIVIDED 1/12 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Dec 18 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Dec 17
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 8.333
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0628 A TWP 42 RGE 25 W4M NW SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2012 Mar 21 (UNDIVIDED 7/20 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2012 Mar 21 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Mar 20
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 35.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0629 A TWP 42 RGE 25 W4M NW SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2012 Mar 21 (UNDIVIDED 7/20 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2012 Mar 21 PET IN VIKING "E"
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Page 6 of 18Glencoe Resources Ltd.
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Mar 20
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 35.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0635 A TWP 42 RGE 25 W4M NW SEC 5
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2012 Apr 05 (UNDIVIDED 3/10 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2012 Apr 05 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Apr 04
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 30.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0563 A TWP 42 RGE 25 W4M N SEC 6
C-048-0385 AALL S/S GLENCOE 47.5%CR: 0483050027 TWP 42 RGE 25 W4M SE SEC 6
CAPL 1990OTHER CSS% LSE DATE: 1983 May 05 PET IN VIKING "E"
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1983 May 05
OPER: GLENCOEPDBY GLENCOE 47.5%GLENCOE 47.8930209%EXP DATE: 1988 May 04
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0119 A TWP 42 RGE 25 W4M NE SEC 7
C-048-0385 HALL 18.5%GLENCOE 48.4375%LSE DATE: 1984 May 28 PET IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 1984 May 28
No ROFR AppliesPDBY GLENCOE 48.4375%REF INT: UNIT EXP DATE: 1988 May 27
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
SLIDING SCALEEXT CODE: HBP
REF INT OPER CONTALL S/S
C-700-0009 (MIN 6.0 MAX 12.0 )
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEBASED ON 37.5%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0337 D
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0125 A TWP 42 RGE 25 W4M (LSD 12,
C-048-0385 AALL 2.0%GLENCOE 47.5%LSE DATE: 1979 May 14 13) NW SEC 7
CAPL 1990BASED ON 23.775%EFF DATE: 1979 May 14 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1984 May 13
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
NONCONV LOREXT CODE: HBP
REF INT OPER CONTALL 12.5%ROYALTY INT
C-700-0009 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 23.775%
RENT INT OPER CONTNONCONV GORPDTO GLENCOE 47.5%
C-048-0134 AAALL 7.5%
CAPL 1981BASED ON 100.0%ROYALTY INT
No ROFR AppliesPDBY GLENCOE 47.5%NONCONV GOR
OPER: GLENCOEALL 7.5%
BASED ON 100.0%
ROYALTY LINKSPDTO GLENCOE 28.5%
C-048-0127 BA
ROFR Unknown
C-048-0114 C
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: POOL LSE TYPE: FEE FEEM-048-0137 A TWP 42 RGE 25 W4M (LSD'S 11,
C-048-0134 AAALL 12.5%GLENCOE 47.5%LSE DATE: 1983 Nov 10 14) NW SEC 7
CAPL 1981BASED ON 100.0%EFF DATE: 1983 Nov 10 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 1985 Nov 09
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
NONCONV GOREXT CODE: HBP
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
REF INT OPER CONTALL 2.0%ROYALTY INT
C-700-0009 BASED ON 23.775%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%ALL 2.0%
BASED ON 23.775%
RENT INT OPER CONTPDTO GLENCOE 47.5%
C-048-0134 AA
CAPL 1981
No ROFR Applies
OPER: GLENCOE
ROYALTY LINKS
C-048-0114 C
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0239 A TWP 42 RGE 25 W4M (LSD'S 4,
C-048-0385 AALL 15.0%GLENCOE 47.5%LSE DATE: 1998 Jul 29 5) SW SEC 7
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Jul 29 (UNDIVIDED 1/2 INTEREST)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2001 Jul 28 PET IN VIKING "E"
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 50.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0240 A TWP 42 RGE 25 W4M (LSD'S 4,
C-048-0385 AALL 15.0%GLENCOE 47.5%LSE DATE: 1998 Aug 07 5) SW SEC 7
CAPL 1990BASED ON 100.0%EFF DATE: 1998 Aug 07 (UNDIVIDED 1/2 INTEREST)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2001 Aug 06 PET IN VIKING "E"
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 50.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FEE FEEM-048-0325 B TWP 42 RGE 25 W4M (LSD'S 3,
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0385 AALL 12.5%GLENCOE 47.5%LSE DATE: 2000 Aug 18 6) SW SEC 7
CAPL 1990BASED ON 100.0%EFF DATE: 2000 Aug 18 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: NIL
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0573 AB TWP 42 RGE 25 W4M SE SEC 7
C-048-0385 DALL 22.5%GLENCOE 48.75%LSE DATE: 2010 Aug 31 PET IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Aug 31
No ROFR AppliesPDBY GLENCOE 48.75%REF INT: UNIT EXP DATE: 2012 Aug 30
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
SLIDING SCALEEXT CODE: HB UNIT
REF INT OPER CONTALL S/S
C-700-0009 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 50.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0337 B
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0630 B TWP 42 RGE 25 W4M SW SEC 8
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2012 Mar 21 (UNDIVIDED 7/20 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2012 Mar 21 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Mar 20
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 35.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0631 B TWP 42 RGE 25 W4M SW SEC 8
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2012 Mar 21 (UNDIVIDED 7/20 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2012 Mar 21 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Mar 20
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 35.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0634 B TWP 42 RGE 25 W4M SW SEC 8
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2012 Apr 05 (UNDIVIDED 3/10 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2012 Apr 05 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2015 Apr 04
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 30.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0121 AC TWP 42 RGE 25 W4M E SEC 18
C-048-0385 IALL S/S GLENCOE 47.63125%CR: 0477030145 PET IN VIKING "E"
CAPL 1990OTHER CSS% LSE DATE: 1977 Mar 30
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEPDBY GLENCOE 47.63125%GLENCOE 47.8930209%EXP DATE: 1982 Mar 29
MNRL INT: 100.0
REF INT OPER CONTSLIDING SCALEEXT CODE: 15
C-700-0009 ALL S/S
OPER: GLENCOE(MIN 6.0 MAX 12.0 )
BASED ON 17.75%
ROYALTY LINKSPDBY GLENCOE 50.0%
C-048-0122 C
CAPL 1981NONCONV GOR
No ROFR AppliesALL 1.0%
C-048-0122 CBASED ON 50.0%
CAPL 1981PDBY GLENCOE 46.875%
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR Applies
C-048-0337 ENONCONV GOR
General 0000ALL 1.0%
No ROFR AppliesBASED ON 50.0%
PDBY GLENCOE 46.875%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: CR PNGM-048-0121 BC TWP 42 RGE 25 W4M NW SEC 18
C-048-0385 KALL 1.0%GLENCOE 48.075%CR: 0477030145 PET IN VIKING "E"
CAPL 1990BASED ON 50.0%LSE DATE: 1977 Mar 30
No ROFR AppliesPDBY GLENCOE 46.875%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEGLENCOE 47.8930209%EXP DATE: 1982 Mar 29
NONCONV GORMNRL INT: 100.0
REF INT OPER CONTALL 1.0%ROYALTY INTEXT CODE: 15
C-700-0009 BASED ON 50.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 46.875%OIL 2.0%
BASED ON 11.8875%
ROYALTY LINKSSLIDING SCALEPDTO GLENCOE 47.5%
C-048-0337 FALL S/S
General 0000OTHER CSS%
No ROFR AppliesBASED ON 100.0%
C-054-0022 BPDBY GLENCOE 48.075%
CAPL 1974
No ROFR AppliesNONCONV GOR
C-054-0022 BOIL 2.0%
CAPL 1974BASED ON 11.8875%
No ROFR AppliesPDBY GLENCOE 47.5%
C-048-0114 B
ROFR UnknownSLIDING SCALE
ALL S/S
(MIN 6.0 MAX 12.0 )
BASED ON 35.5%
PDBY GLENCOE 50.0%
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0121 CC TWP 42 RGE 25 W4M SW SEC 18
C-048-0385 IALL S/S GLENCOE 47.63125%CR: 0477030145 PET IN VIKING "E"
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CAPL 1990OTHER CSS% LSE DATE: 1977 Mar 30
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 1977 Mar 30
OPER: GLENCOEPDBY GLENCOE 47.63125%GLENCOE 47.8930209%EXP DATE: 1982 Mar 29
MNRL INT: 100.0
REF INT OPER CONTNONCONV GORROYALTY INTEXT CODE: 15
C-700-0009 OIL 2.0%NONCONV GOR
OPER: GLENCOEBASED ON 11.8875%OIL 2.0%
PDBY GLENCOE 47.5%BASED ON 11.8875%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0122 CSLIDING SCALE
CAPL 1981ALL S/S
No ROFR Applies(MIN 6.0 MAX 12.0 )
C-048-0122 CBASED ON 17.75%
CAPL 1981PDBY GLENCOE 50.0%
No ROFR Applies
C-048-0337 ENONCONV GOR
General 0000ALL 1.0%
No ROFR AppliesBASED ON 50.0%
C-048-0114 BPDBY GLENCOE 46.875%
ROFR Unknown
NONCONV GOR
ALL 1.0%
BASED ON 50.0%
PDBY GLENCOE 46.875%
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0460 B TWP 42 RGE 25 W4M PTN SW SEC
C-048-0385 AOIL 10.0%GLENCOE 47.5%LSE DATE: 2005 Jun 10 19
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Jun 10 (UNDIVIDED 1/8 INTEREST)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2007 Jun 09 (EXCL 1.47 HA IN RAILWAY
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 12.5 PLAN C. & E. NO. 1)
NONCONV LOREXT CODE: HBP PET IN VIKING "E"
REF INT OPER CONTALL 17.0%ROYALTY INT
C-700-0009 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%OIL 10.0%
BASED ON 100.0%
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Page 13 of 18Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0180 A
CAPL 1981
No ROFR Applies
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0461 B TWP 42 RGE 25 W4M PTN SW SEC
C-048-0385 AOIL 10.0%GLENCOE 47.5%LSE DATE: 2005 Jun 10 19
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Jun 10 (UNDIVIDED 1/8 INTEREST)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2007 Jun 09 (EXCL 1.47 HA IN RAILWAY
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 12.5 PLAN C. & E. NO. 1)
NONCONV LOREXT CODE: HBP PET IN VIKING "E"
REF INT OPER CONTALL 17.0%ROYALTY INT
C-700-0009 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%OIL 10.0%
BASED ON 100.0%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0180 A
CAPL 1981
No ROFR Applies
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0462 B TWP 42 RGE 25 W4M PTN SW SEC
C-048-0385 AOIL 10.0%GLENCOE 47.5%LSE DATE: 2005 Jun 10 19
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Jun 10 (UNDIVIDED 1/8 INTEREST)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2007 Jun 09 (EXCL 1.47 HA IN RAILWAY
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 12.5 PLAN C. & E. NO. 1)
NONCONV LOREXT CODE: HBP PET IN VIKING "E"
REF INT OPER CONTALL 17.0%ROYALTY INT
C-700-0009 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%OIL 10.0%
BASED ON 100.0%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0180 A
CAPL 1981
No ROFR Applies
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0463 B TWP 42 RGE 25 W4M PTN SW SEC
C-048-0385 AOIL 10.0%GLENCOE 47.5%LSE DATE: 2005 Jun 10 19
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Jun 10 (UNDIVIDED 1/8 INTEREST)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2007 Jun 09 (EXCL 1.47 HA IN RAILWAY
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 12.5 PLAN C. & E. NO. 1)
NONCONV LOREXT CODE: HBP PET IN VIKING "E"
REF INT OPER CONTALL 17.0%ROYALTY INT
C-700-0009 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%OIL 10.0%
BASED ON 100.0%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0180 A
CAPL 1981
No ROFR Applies
CUR INT OPER CONTNONCONV GORCUR INT: WI LSE TYPE: FH PNGM-048-0509 B TWP 42 RGE 25 W4M SW SEC 19
C-048-0385 AOIL 10.0%GLENCOE 47.5%LSE DATE: 2007 Jul 19 (EXCL 1.47 HA IN RAILWAY
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Jul 19 PLAN C&E NO.1)
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2011 Jul 18 (UNDIVIDED 1/2 INTEREST)
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 50.0 PET IN VIKING "E"
NONCONV LOREXT CODE: HB UNIT
REF INT OPER CONTALL 17.0%ROYALTY INT
C-700-0009 BASED ON 100.0%NONCONV GOR
OPER: GLENCOEPDBY GLENCOE 47.5%OIL 10.0%
BASED ON 100.0%
ROYALTY LINKSPDTO GLENCOE 47.5%
C-048-0180 A
CAPL 1981
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0594 A TWP 42 RGE 25 W4M (PTN) SW
C-048-0385 ABASED ON 100.0%GLENCOE 47.5%LSE DATE: 2011 Jan 20 SEC 19
CAPL 1990PDBY GLENCOE 47.5%EFF DATE: 2011 Jan 20 (1.469 HA IN RAILWAY PLAN
No ROFR AppliesREF INT: UNIT EXP DATE: 2014 Jan 19 C&E NO.1)
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0 PET IN VIKING "E"
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Page 15 of 18Glencoe Resources Ltd.
Report Id: RP-0053
Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0556 A TWP 42 RGE 26 W4M NE SEC 12
C-048-0385 AALL S/S GLENCOE 47.5%CR: 0409050174 PET IN VIKING "E"
CAPL 1990OTHER CSS% LSE DATE: 2009 May 28
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 2009 May 28
OPER: GLENCOEPDBY GLENCOE 47.5%GLENCOE 47.8930209%EXP DATE: 2014 May 27
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0160 C TWP 42 RGE 26 W4M (PTN) NE
C-048-0385 MALL 20.0%GLENCOE 49.0%LSE DATE: 1983 Mar 25 SEC 13
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Mar 25 (64.7 HA IN NE/4 EXCL 2.2 HA
No ROFR AppliesPDBY GLENCOE 49.0%REF INT: UNIT EXP DATE: 1986 Mar 24 IN RAILWAY R.O.W.)
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0 PET IN VIKING "E"
SLIDING SCALEEXT CODE: HBP
REF INT OPER CONTALL S/S
C-700-0009 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 60.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0337 G
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0160 E TWP 42 RGE 26 W4M (PTN) NW
C-048-0385 MALL 20.0%GLENCOE 49.0%LSE DATE: 1983 Mar 25 SEC 13
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Mar 25 (51.6 HA IN NW/4 EXCL 1.19
No ROFR AppliesPDBY GLENCOE 49.0%REF INT: UNIT EXP DATE: 1986 Mar 24 HA IN RAILWAY R.O.W.)
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0 PET IN VIKING "E"
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
SLIDING SCALEEXT CODE: HBP
REF INT OPER CONTALL S/S
C-700-0009 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 60.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0337 G
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0161 C TWP 42 RGE 26 W4M (PTN) NE
C-048-0385 MALL 30.0%GLENCOE 49.0%LSE DATE: 1983 Oct 03 SEC 13
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Oct 03 (2.2 HA IN RAILWAY R.O.E.)
No ROFR AppliesPDBY GLENCOE 49.0%REF INT: UNIT EXP DATE: 1984 Oct 02 PET IN VIKING "E"
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
SLIDING SCALEEXT CODE: HBP
REF INT OPER CONTALL S/S
C-700-0009 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 60.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0337 G
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0162 C TWP 42 RGE 26 W4M (PTN) NW
C-048-0385 MALL 30.0%GLENCOE 49.0%LSE DATE: 1983 Oct 03 SEC 13
CAPL 1990BASED ON 100.0%EFF DATE: 1983 Oct 03 (1.19 HA IN RAILWAY R.O.E.)
No ROFR AppliesPDBY GLENCOE 49.0%REF INT: UNIT EXP DATE: 1984 Oct 02 PET IN VIKING "E"
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 100.0
SLIDING SCALEEXT CODE: HBP
REF INT OPER CONTALL S/S
C-700-0009 (MIN 6.0 MAX 12.0 )
OPER: GLENCOEBASED ON 60.0%
PDBY GLENCOE 50.0%
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 3
Wells
Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
ROYALTY LINKS
C-048-0337 G
General 0000
No ROFR Applies
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0514 B TWP 42 RGE 26 W4M SE SEC 13
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2007 Dec 07 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Dec 07 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Dec 06
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 12.5
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0515 B TWP 42 RGE 26 W4M SE SEC 13
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2007 Dec 07 (UNDIVIDED 1/8 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Dec 07 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Dec 06
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 12.5
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0516 B TWP 42 RGE 26 W4M SE SEC 13
C-048-0385 AALL 16.0%GLENCOE 47.5%LSE DATE: 2007 Dec 07 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Dec 07 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Dec 06
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 25.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0542 A TWP 42 RGE 26 W4M SE SEC 13
C-048-0385 AALL 17.0%GLENCOE 47.5%LSE DATE: 2006 Oct 30 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2006 Oct 30 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2009 Oct 29
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 25.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0543 A TWP 42 RGE 26 W4M SE SEC 13
C-048-0385 AALL 17.0%GLENCOE 47.5%LSE DATE: 2006 Oct 30 (UNDIVIDED 1/4 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2006 Oct 30 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2009 Oct 29
OPER: GLENCOEGLENCOE 47.8930209%MNRL INT: 25.0
EXT CODE: HBP
REF INT OPER CONT
C-700-0009
OPER: GLENCOE
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0561 B TWP 43 RGE 26 W4M NE SEC 10
C-048-0386 AALL S/S GLENCOE 50.0%LSE DATE: 2008 Oct 21 (UNDIVIDED 3/4 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2008 Oct 21 PET IN VIKING "E"
No ROFR AppliesBASED ON 46.25%REF INT: UNIT EXP DATE: 2011 Oct 20
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 48.20469%MNRL INT: 75.0
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
C-700-0008 ALL 20.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0324 A
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0561 CA TWP 43 RGE 26 W4M SE SEC 15
C-048-0386 AALL S/S GLENCOE 50.0%LSE DATE: 2008 Oct 21 (UNDIVIDED 3/4 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2008 Oct 21 PET IN VIKING "E"
No ROFR AppliesBASED ON 46.25%REF INT: UNIT EXP DATE: 2011 Oct 20
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 48.20469%MNRL INT: 75.0
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
C-700-0008 ALL 20.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0324 A
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0562 B TWP 43 RGE 26 W4M NE SEC 10
C-048-0386 AALL S/S GLENCOE 50.0%LSE DATE: 2008 Oct 14 (UNDIVIDED 1/4 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2008 Oct 14 PET IN VIKING "E"
No ROFR AppliesBASED ON 46.25%REF INT: UNIT EXP DATE: 2011 Oct 13
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 48.20469%MNRL INT: 25.0
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-700-0008 ALL 20.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0324 A
ROFR Unknown
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: FH PNGM-048-0562 C TWP 43 RGE 26 W4M SE SEC 15
C-048-0386 AALL S/S GLENCOE 50.0%LSE DATE: 2008 Oct 14 (UNDIVIDED 1/4 INTEREST)
CAPL 1990(MIN 6.0 MAX 12.0 )EFF DATE: 2008 Oct 14 PET IN VIKING "E"
No ROFR AppliesBASED ON 46.25%REF INT: UNIT EXP DATE: 2011 Oct 13
OPER: GLENCOEPDBY GLENCOE 50.0%GLENCOE 48.20469%MNRL INT: 25.0
EXT CODE: HB UNIT
REF INT OPER CONTNONCONV LOR
C-700-0008 ALL 20.0%
OPER: GLENCOEBASED ON 100.0%
PDBY GLENCOE 50.0%
ROYALTY LINKS
C-048-0324 A
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0553 C TWP 43 RGE 26 W4M NW SEC 11
C-048-0386 AALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Apr 15 (UNDIVIDED 1/5 INTEREST)
CAPL 1990PDBY GLENCOE 50.0%EFF DATE: 2009 Apr 15 PET IN VIKING "E"
No ROFR AppliesREF INT: UNIT EXP DATE: 2012 Apr 14
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 20.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0553 D TWP 43 RGE 26 W4M NE SEC 11
C-048-0386 AALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Apr 15 (UNDIVIDED 1/5 INTEREST)
CAPL 1990PDBY GLENCOE 50.0%EFF DATE: 2009 Apr 15 PET IN VIKING "E"
No ROFR AppliesREF INT: UNIT EXP DATE: 2012 Apr 14
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Seller's
Information
Title
Number
File Lands
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 20.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0555 C TWP 43 RGE 26 W4M NW SEC 11
C-048-0386 AALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Mar 19 (UNDIVIDED 4/5 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2009 Mar 19 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2012 Mar 18
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 80.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0555 D TWP 43 RGE 26 W4M NE SEC 11
C-048-0386 AALL 16.0%GLENCOE 50.0%LSE DATE: 2009 Mar 19 (UNDIVIDED 4/5 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2009 Mar 19 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 50.0%REF INT: UNIT EXP DATE: 2012 Mar 18
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 80.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTSLIDING SCALECUR INT: WI LSE TYPE: CR PNGM-048-0410 A TWP 43 RGE 26 W4M SE SEC 14
C-048-0386 BALL S/S GLENCOE 47.5%CR: 0404040803 PET IN VIKING "E"
CAPL 1990OTHER CSS% LSE DATE: 2004 Apr 22
No ROFR AppliesBASED ON 100.0%REF INT: UNIT EFF DATE: 2004 Apr 22
OPER: GLENCOEPDBY GLENCOE 47.5%GLENCOE 48.20469%EXP DATE: 2009 Apr 21
MNRL INT: 100.0
REF INT OPER CONTEXT CODE: 15
C-700-0008
OPER: GLENCOE
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0552 A TWP 43 RGE 26 W4M NW SEC 14
C-048-0386 BALL 18.0%GLENCOE 47.5%LSE DATE: 2009 Apr 09 PET IN VIKING "E"
CAPL 1990PDBY GLENCOE 47.5%EFF DATE: 2009 Apr 09
No ROFR AppliesREF INT: UNIT EXP DATE: 2011 Apr 08
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTCUR INT: WI LSE TYPE: FEE FEEM-048-0576 B TWP 43 RGE 26 W4M SW SEC 14
C-048-0386 BGLENCOE 47.5%LSE DATE: 2010 Aug 24 PET IN VIKING "E"
CAPL 1990EFF DATE: 2010 Aug 01
No ROFR AppliesREF INT: UNIT EXP DATE: NIL
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 100.0
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0517 A TWP 43 RGE 26 W4M NE SEC 15
C-048-0386 BALL 16.0%GLENCOE 47.5%LSE DATE: 2007 Nov 30 PET IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 2007 Nov 30
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2010 Nov 29
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0564 A TWP 43 RGE 26 W4M NW SEC 15
C-048-0386 BALL 20.0%GLENCOE 47.5%LSE DATE: 2010 Feb 04 PET IN VIKING "E"
CAPL 1990BASED ON 100.0%EFF DATE: 2010 Feb 04
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2013 Feb 03
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Interests
Seller's
Information
Title
Number
File Lands
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 100.0
EXT CODE: HB UNIT
REF INT OPER CONT
C-700-0008
OPER: GLENCOE
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0545 A TWP 43 RGE 26 W4M SE SEC 22
C-048-0386 BALL 17.0%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/3 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 33.33
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 2.5%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV ORR
C-048-0317 AAALL 5.0%
ROFR UnknownBASED ON 66.6667%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV ORRCUR INT: WI LSE TYPE: FH PNGM-048-0545 B TWP 43 RGE 26 W4M SW SEC 22
C-048-0386 BALL 2.5%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/3 INTEREST)
CAPL 1990BASED ON 66.6667%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 33.33
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 5.0%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV LOR
C-048-0317 AAALL 17.0%
ROFR UnknownBASED ON 100.0%
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Wells
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0546 A TWP 43 RGE 26 W4M SE SEC 22
C-048-0386 BALL 17.0%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 16.665
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 2.5%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV ORR
C-048-0317 AAALL 5.0%
ROFR UnknownBASED ON 66.6667%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV ORRCUR INT: WI LSE TYPE: FH PNGM-048-0546 B TWP 43 RGE 26 W4M SW SEC 22
C-048-0386 BALL 2.5%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 66.6667%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 16.665
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 5.0%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV LOR
C-048-0317 AAALL 17.0%
ROFR UnknownBASED ON 100.0%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 4
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OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0547 A TWP 43 RGE 26 W4M SE SEC 22
C-048-0386 BALL 17.0%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 16.665
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 2.5%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV ORR
C-048-0317 AAALL 5.0%
ROFR UnknownBASED ON 66.6667%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV ORRCUR INT: WI LSE TYPE: FH PNGM-048-0547 B TWP 43 RGE 26 W4M SW SEC 22
C-048-0386 BALL 2.5%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/6 INTEREST)
CAPL 1990BASED ON 66.6667%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 16.665
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 5.0%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV LOR
C-048-0317 AAALL 17.0%
ROFR UnknownBASED ON 100.0%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV LORCUR INT: WI LSE TYPE: FH PNGM-048-0548 A TWP 43 RGE 26 W4M SE SEC 22
C-048-0386 BALL 17.0%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/3 INTEREST)
CAPL 1990BASED ON 100.0%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
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Page 8 of 8Glencoe Resources Ltd.
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Mineral Schedule "A" Report - Chigwell Viking Unit No. 4
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Contract
OperatingEncumbrances
Interests
Seller's
Information
Title
Number
File Lands
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 33.33
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 2.5%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV ORR
C-048-0317 AAALL 5.0%
ROFR UnknownBASED ON 66.6667%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CUR INT OPER CONTNONCONV ORRCUR INT: WI LSE TYPE: FH PNGM-048-0548 B TWP 43 RGE 26 W4M SW SEC 22
C-048-0386 BALL 2.5%GLENCOE 47.5%LSE DATE: 2005 Nov 08 (UNDIVIDED 1/3 INTEREST)
CAPL 1990BASED ON 66.6667%EFF DATE: 2005 Nov 08 PET IN VIKING "E"
No ROFR AppliesPDBY GLENCOE 47.5%REF INT: UNIT EXP DATE: 2008 Nov 07
OPER: GLENCOEGLENCOE 48.20469%MNRL INT: 33.33
NONCONV ORREXT CODE: HBP
REF INT OPER CONTALL 5.0%
C-700-0008 BASED ON 66.6667%
OPER: GLENCOEPDBY GLENCOE 47.5%
ROYALTY LINKSNONCONV LOR
C-048-0317 AAALL 17.0%
ROFR UnknownBASED ON 100.0%
C-048-0320 AAPDBY GLENCOE 47.5%
ROFR Unknown
CS*EXPLORER Version 9.10.04
10
8630757.1
Schedule "D"
Encumbrances
Alberta PPR Registration Number 10061816724 with respect to a security agreement in favour of Royal Bank
of Canada.
Alberta PPR Registration Number 14041510745 with respect to a land charge in favour of Royal Bank of
Canada.
Alberta PPR Registration Number 14041510762 with respect to a security agreement in favour of Royal Bank
of Canada.
Alberta PPR Registration Number 14041516432 with respect to a security agreement in favour of Borden
Ladner Gervais LLP, Trustee.
Alberta PPR Registration Number 14041516446 with respect to a land charge in favour of Borden Ladner
Gervais LLP, Trustee.
Alberta PPR Registration Number 14041617794 with respect to a security agreement in favour of Borden
Ladner Gervais LLP, Trustee.
Alberta PPR Registration Number 14041617852 with respect to a land charge in favour of Borden Ladner
Gervais LLP, Trustee.
Alberta PPR Registration Number 16071223037 with respect to a security agreement in favour of Dugan
Production Company and Dugan Production Corp.
Alberta PPR Registration Number 16071305942 with respect to a land charge in favour of Dugan Production
Company and Dugan Production Corp.
8631031.1
Schedule "C"
Form of Sealing Order
See attached.
8631054.1
Clerk's Stamp:
COURT FILE NUMBER 1701-00920
COURT COURT OF QUEEN'S BENCH OF ALBERTA
JUDICIAL CENTRE CALGARY
PLAINTIFF DUGAN PRODUCTION CORP.
DEFENDANT GLENCOE RESOURCES LTD.
DOCUMENT SEALING ORDER
ADDRESS FOR SERVICE
AND CONTACT
INFORMATION OF PARTIES
FILING THIS DOCUMENT
Field Law LLP
400, 444 - 7 Avenue SW
Calgary, Alberta T2P 0X8
Lawyer: Trevor Batty
Phone Number: (403) 260-8537
Fax Number: (403) 264-7084
Email: [email protected]
File No. TBD
Burnet, Duckworth & Palmer LLP
2400, 525 - 8 Avenue SW
Calgary, Alberta T2P 1G1
Lawyer: Natasha Wood
Phone Number: (403) 260-0159
Fax Number: (403) 260-0332
Email: [email protected]
File No. 63936-8
DATE ON WHICH ORDER WAS PRONOUNCED: November 15, 2017
LOCATION WHERE ORDER WAS PRONOUNCED: Calgary, Alberta
NAME OF JUSTICE WHO MADE THIS ORDER: The Honourable Mr. Justice C.M. Jones
UPON THE APPLICATION of Hardie & Kelly Inc. (the "Receiver") as Court-Appointed
Receiver and Manager of the undertaking, property and assets of Glencoe Resources Ltd. (the
"Debtors"); AND UPON reading the Application of the Receiver filed November 7, 2017, the Seventh
Report of the Receiver dated November 7, 2017 (the "Seventh Report") and the Confidential Supplement
to the Seventh Report dated November 7, 2017 (the "Confidential Supplement");
IT IS HEREBY ORDERED AND DECLARED THAT:
1. Service of the Notice of Application for this Order is hereby validated and deemed good and
sufficient, this application is properly returnable today, and no person other than those persons
served is entitled to service of the Notice of Application.
8631054.1
2. The Confidential Supplement shall be sealed on the Court file and shall not form part of the
public record, notwithstanding Division 4, Part 6 of the Alberta Rules of Court.
3. The Confidential Supplement shall be sealed until the Receiver is discharged of its duties as
evidenced by the Receiver filing a Discharge Certificate in the within Action or ninety (90) days
from the dated of a Discharge Order being granted in these proceedings, whichever shall occur
first.
4. The Clerk of this Honourable Court shall file the Confidential Supplement in a sealed envelope
attached to a notice that sets out the style of cause of these proceedings and states that;
THIS ENVELOPE CONTAINS CONFIDENTIAL MATERIALS FILED BY
HARDIE & KELLY INC., IN ITS CAPACITY AS THE COURT-
APPOINTED RECEIVER AND MANAGER OF GLENCOE RESOURCES
LTD. THE CONFIDENTIAL MATERIALS ARE SEALED PURSUANT TO
THE SEALING ORDER ISSUED BY JUSTICE C.M. JONES ON
NOVEMBER 15, 2017.
5. The Receiver shall serve by courier, fax transmission, email transmission or ordinary post, a copy
of this Order on all parties present at this Application and on all parties who received notice of
this Application or who are presently on the service list established in these proceedings and such
service shall be deemed good and sufficient for all purposes.
J.C.Q.B.A. or Clerk of the Court