Angle Energy Inc.

Deanne/Rough

The Deanne exploration prospect is located approximately 24 kilometres southwest of Rocky Mountain House, Alberta and is targeting the southwestern portion of the Hoadley barrier bar, an extensive Glauconitic deep basin reservoir that has yielded production of over 2 tcf to date. Multi-disciplinary internal technical work has generated an exploration location that Angle commenced drilling in the first quarter of 2009.

Key facts:

• 3,500-metre-deep, 100 percent working interest prospect is Angle’s purest exploratory play to date, and the highest-impact.
• Targeting 10-15 bcf of long-life, liquids-rich, sweet gas per successful well.
• Adjoining Deanne ‘A’ pool has recognized reserves of >70 bcf, with wells generating initial productivity of up to 8 mmcf/d each.
• Drilling success would create major development opportunity.
• Two gas processing plants with 20 mmcf/d available capacity within 2-3 km of prospect.