PROJECT HIGHLIGHTS

• An Extension of the World Class "Tommy Lake" natural gas field.
• A Contiguous land package with varying interests and prospective horizons.
• 4 wells are currently in production.

The Trutch project is located in the peace river region, Western Canadian Sedimentary Basin, northeastern British Columbia, Canada, approximately 15 kilometers to the southeast of the Company’s Prophet River project. The Company has varying interests in shallow, intermediate and deep horizons described in greater detail below. The Company has 4 natural gas wells in production (c-36-A, b-56-A, c-25-A, and a-38-A) and also owns an interest in 14,217 meters of six inch pipeline from the Tommy Lake field to the c-36-A well, and a total of 1,688 meters of four inch pipeline infrastructure. In addition, the company has shut in the a-13-A well, production pending, and has suspended the b-086-A well for the time being.

Enerplus Resources Fund is the Operator of this shallow natural gas development project, concentrating on the tights sands in the Triassic Halfway Formation. The property boasts numerous future drilling locations and development has been progressive and consistent over the past several winter seasons.