The Prespatou area of northeast British Columbia consists almost entirely of natural gas and associated natural gas liquids. As natural gas prices remain depressed, the Company has focused on costs minimization and low cost optimizations to maximize profitability in the area. The Comany has evaluated the geology of the entire area in which it holds interests to assess and identify potential drilling and workover opportunities. A drilling inventory has been established and a drilling program will be conducted when the price of natural gas improves.