1	Nova Scotia Call For Bids NS07-1 Brenton Smith Canada Nova Scotia Offshore Petroleum Board (CNSOPB) Halifax, NS April 21, 2008
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3	Nova Scotia Licenses
4	2007 Call for Bids Parcels
5	Production COPAN Project Early Cretaceous sand. Produced for 8 years à depleted in 1999. 44.5 million barrels light oil.
6	SOEP
7	Production Sable Offshore Energy Project. Cretaceous – Jurassic sands. 5 field development. 1.267 tcf produced à end 2007. ~8 years production remaining.
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9	Deep Panuke
10	Production Deep Panuke Project 1.0 tcf in place à Upper Jurassic Reef Front 660 Bcf recoverable. Production (300 MMscf/d) by Q4 2010. Production until 2023 (mean).
11	Parcel 1
12	Parcel 1
13	Parcel 1
14	Sands 1 - 3
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17	Parcel 2
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20	Eagle D-21 – Formation Evaluation
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23	Parcel 2 – Exploration Prospects
24	Access to Data DMC www.cnsopbdmc.ca provides free access to: Digital well & seismic data à Penobscot 3D-2D SEGY Scanned Seismic images, reports & maps Scanned Well logs & reports GRC provides free access to: Well samples (cores, cuttings etc.) Well logs & reports (paper) Seismic reports & data (paper)
25	Call for Bids NS07-1 Simple: Highest work expenditure bid wins Minimum bid $500,000 CDN – totally refundable Incentives offered for early geoscience work All crown land can be nominated for future Calls All information on our free CD or at www.cnsopb.ns.ca Bids must be received by June 30, 2008
26	Bid Process Bid à Refundable Work Expenditure Deposit only $50,000 for 3 years. Walk away or deposit 25% WE. WE Deposit refunded as WE completed. 150% of AE credited à1^st 3 years Licence term à 9 years