PitchSend

Investor Presentaiton

PPL 259 Prospectivity increased • . . . • • EAGLEWOOD ENERGY INC. Ubuntu confirms basement drape structural trap style, continuity of reservoir sands and liquids rich gas as common features of the license. Elevala-2 validates fill-to-spill concept and material gas volumes in the east of the licence Stanley wells confirm lateral continuity and excellent quality of reservoir sands in the west of the license Ketu and Elevala may be in communication with Ubuntu Successful 2010/11 seismic program Fully funded 2012 seismic program to identify drilling location(s) for a well in Q4 2012. 17

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