PETROLEUM INDUSTRY ACTIVITY REPORT (January 1/18 Jul 2/18)

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Petroleum Branch 360-1395 Ellice Ave, Winnipeg, MB R3G 3P2 T 204-945-6577 F 204-945-0586 www.manitoba.ca WEEKLY WELL ACTIVITY REPORT PETROLEUM INDUSTRY ACTIVITY REPORT (January 1/18 Jul 2/18) DRILLING ACTIVITY To Jul 2/18 To Jul 3/17 2017 Total Drilling Licences Issued 118 86 253 Licences Cancelled 4 5 17 Vertical Wells Drilled 8 18 37 Horizontal Wells Drilled 93 79 203 Stratigraphic Test Holes Drilled 0 0 0 Wells Drilled - Total 101 97 240 No. of Metres Drilled 197 875 183 977 474 580 Wells Re-entered 0 0 0 Wells Being Drilled 2 1 0 No. of Active Rigs 3 5 9 Wells Licenced but Not Spudded 86 62 74 Wells Completed as Potential Oil Wells 97 92 231 Wells Abandoned Dry 1 2 6 Wells Drilled but Not Completed 1 1 0 Other Completions 2 2 3 New Wells on Production 4 0 191 GEOPHYSICAL ACTIVITY Geophysical Programs Licenced 0 4 14 Licences Cancelled 1 3 3 Kilometers Licenced 0 962 2 302 Kilometers Run 195 614 999 2018 2017 OIL PRICES (Average) $/m3 ($/bbl) $/m3 ($/bbl) Month of April 494.27 (78.54) 396.54 (63.01) Month of May 522.15 (82.97) 393.58 (62.54) OIL PRODUCTION (M3) 2017 2016 Month of December 198 693.8 174 445.5

2 WEEKLY WELL ACTIVITY REPORT 02 July 2018 Lic. No.: 10128 Lic. No.: 10403 Lic. No.: 10591 Lic. No.: 10710 Lic. No.: 10714 Lic. No.: 10903 Tundra et al Miniota HZNTL 6-30-13-27 (WPM) UWI: 100.06-30-013-27W1.00 ABD STH UWI: 100.06-30-013-27W1.02 - Leg #1 Abandoned Dry: 28-Jun-2018 Tundra North Hargrave DIR 15-15-12-27 (WPM) UWI: 100.15-15-012-27W1.00 Abandoned Dry: 27-Jun-2018 Tundra North Hargrave DIR 8-23-12-27 (WPM) UWI: 100.08-23-012-27W1.00 Abandoned Dry: 27-Jun-2018 Tundra North Hargrave 8-15-12-27 (WPM) UWI: 100.08-15-012-27W1.00 Status: Licence Cancelled (CAN) Licence Cancelled: 29-Jun-2018 Tundra North Hargrave DIR 5-13-12-27 (WPM) UWI: 100.05-13-012-27W1.00 Status: Licence Cancelled (CAN) Licence Cancelled: 29-Jun-2018 Elcano North Hargrave Prov. 15-34-12-27 (WPM) UWI: 100.15-34-012-27W1.00 Intermediate Casing: 139.70 mm @ 590.00 m with 15.0 t Rig Released: 25-Jun-2018 Waiting On Service Rig: 25-Jun-2018 Lic. No.: 10916 Elcano Miniota 10-3-13-27 (WPM) UWI: 100.10-03-013-27W1.00 Please note revision to Report dated 26-Feb-2018 Drilling Contractor: Trinidad Drilling Rig #14 K.B. Elevation: 477.03 m Surface Casing: 219.10 mm @ 141.00 m with 9.0 t Finished Drilling: 27-Jun-2018 Total Depth: 585.00 m Intermediate Casing: 139.70 mm @ 585.00 m with 14.5 t Rig Released: 27-Jun-2018 Waiting On Service Rig: 27-Jun-2018 2

3 Lic. No.: 10918 Lic. No.: 10919 Lic. No.: 10926 Tundra Virden HZNTL 11-32-11-26 (WPM) UWI: 102.11-32-011-26W1.00 - Leg #1 UWI: 102.11-32-011-26W1.02 - Leg #2 Status: Completing (COMP) Completing: 25-Jun-2018 Sinclair Unit No. 10 HZNTL A13-7-8-29 (WPM) UWI: 103.13-07-008-29W1.00 Spud Date: 27-Jun-2018 K.B. Elevation: 531.26 m Surface Casing: 244.50 mm @ 138.00 m with 8.0 t Intermediate Casing: 177.80 mm @ 2470.00 m with 24.5 t Finished Drilling: 01-Jul-2018 Total Depth: 2470.00 m Status: Setting Liner (SETTING LINER) Setting Liner: 02-Jul-2018 Tundra Daly Sinclair HZNTL A8-13-9-29 (WPM) UWI: 102.08-13-009-29W1.00 Please note revision to Report dated 26-Mar-2018 Drilling Contractor: Trinidad Drilling Rig #9 Spud Date: 29-Jun-2018 K.B. Elevation: 526.37 m Surface Casing: 244.50 mm @ 139.00 m with 8.5 t Status: Drilling Ahead (DR) Drilling Ahead: 02-Jul-2018 Lic. No.: 10930 Tundra Daly Sinclair HZNTL A9-20-10-28 (WPM) UWI: 102.09-20-010-28W1.00 Please note revision to Report dated 09-Apr-2018 Drilling Contractor: Trinidad Drilling Rig #10 Spud Date: 29-Jun-2018 K.B. Elevation: 520.04 m Surface Casing: 244.50 mm @ 135.00 m with 8.0 t Status: Drilling Ahead (DR) Drilling Ahead: 02-Jul-2018 Lic. No.: 10940 Tundra Daly Sinclair Prov. HZNTL A9-29-10-28 (WPM) UWI: 102.09-29-010-28W1.00 K.B. Elevation: 520.25 m Surface Casing: 244.50 mm @ 143.50 m with 8.0 t Finished Drilling: 29-Jun-2018 Total Depth: 2266.00 m Intermediate Casing: 139.70 mm @ 2266.00 m with 43.5 t Rig Released: 29-Jun-2018 Waiting On Service Rig: 29-Jun-2018 3

4 Lic. No.: 10946 Lic. No.: 10958 Lic. No.: 10976 Tundra Daly Sinclair Prov. WSW A12-4-8-29 (WPM) UWI: 103.12-04-008-29W1.00 Spud Date: 25-Jun-2018 K.B. Elevation: 532.97 m Surface Casing: 244.50 mm @ 135.00 m with 8.0 t Finished Drilling: 26-Jun-2018 Total Depth: 694.00 m Intermediate Casing: 177.80 mm @ 694.00 m with 13.0 t Rig Released: 27-Jun-2018 Waiting On Service Rig: 27-Jun-2018 Tundra Daly Sinclair HZNTL 8-17-9-29 (WPM) UWI: 100.08-17-009-29W1.00 Finished Drilling: 25-Jun-2018 Total Depth: 2155.00 m Intermediate Casing: 139.70 mm @ 2155.00 m with 44.0 t Rig Released: 26-Jun-2018 Waiting On Service Rig: 26-Jun-2018 Tundra Daly Sinclair HZNTL B4-30-10-28 (WPM) UWI: 103.04-30-010-28W1.00 Finished Drilling: 25-Jun-2018 Total Depth: 2058.00 m Intermediate Casing: 139.70 mm @ 2058.00 m with 32.3 t Rig Released: 26-Jun-2018 Waiting On Service Rig: 26-Jun-2018 Lic. No.: 10979 Lic. No.: 10980 Corval Daly Sinclair HZNTL B13-15-8-28 (WPM) UWI: 103.13-15-008-28W1.00 K.B. Elevation: 492.03 m Surface Casing: 244.50 mm @ 138.00 m with 7.0 t Finished Drilling: 01-Jul-2018 Total Depth: 2278.00 m Intermediate Casing: 139.70 mm @ 2230.00 m with 70.5 t Rig Released: 01-Jul-2018 Waiting On Service Rig: 01-Jul-2018 Corval Daly Sinclair HZNTL C13-15-8-28 (WPM) UWI: 104.13-15-008-28W1.00 Intermediate Casing: 139.70 mm @ 2311.00 m with 69.8 t Rig Released: 25-Jun-2018 Waiting On Service Rig: 25-Jun-2018 Lic. No.: 10985 Tundra Daly Sinclair HZNTL A16-10-9-29 (WPM) UWI: 102.16-10-009-29W1.00 - Leg #1 Please note revision to Report dated 11-Jun-2018 Drilling Contractor: Trinidad Drilling Rig #9 4

K.B. Elevation: 539.63 m Surface Casing: 244.50 mm @ 138.00 m with 8.5 t Finished Drilling: 29-Jun-2018 Total Depth: 2196.00 m Intermediate Casing: 139.70 mm @ 2196.00 m with 43.0 t Rig Released: 29-Jun-2018 Waiting On Service Rig: 29-Jun-2018 5 WELL LICENCE CANCELLATIONS Lic. No.: 10710 Lic. No.: 10714 Tundra North Hargrave 8-15-12-27 (WPM) Status: Licence Cancelled Date Cancelled: 29-Jun-2018 Tundra North Hargrave DIR 5-13-12-27 (WPM) Status: Licence Cancelled Date Cancelled: 29-Jun-2018 5