Take Notice that examiners appointed by the Alberta Energy and Utilities Board (EUB/Board) will hold a public hearing of Application No. 1422652 at the offices of the Board, 640 – 5 Avenue SW, Calgary, Alberta, commencing on Thursday, March 23, 2006, at 9:00 a.m. All interveners to this proceeding must be present at the commencement of the hearing to register their appearance.

Nature of the Application
Bearspaw Petroleum Ltd. applied pursuant to the Oil and Gas Conservation Act (the Act) for an order prescribing that all tracts within the drilling spacing unit comprising Section 25 of Township 123, Range 18, West of the 4th Meridian, be operated as a unit for the production of gas from the Slave Point and Sulphur Point Formations, by re-entering the well with the unique identifier of 00/13-25-123-18W4/0.

The applicant requested, among other things, that the costs and revenues under the pooling order be allocated based on a geological basis, and that it be named the operator of the well to be produced. In addition, the applicant requested that the maximum penalty allowed under the Act be applied to the share of the costs of re-entering the subject well, drilling to the target location, and completing it in, the formation(s) named in the order, if the owner does not pay its share of costs within 30 days of the later of the pooling order being issued, the owner being notified in writing of its share of actual costs, or the well commencing production.

To obtain additional information or a copy of the application contact:

Suite 80, 6712 Fisher St. SE
Calgary AB T2H 2A7
Attention: R. G. Jensen
Telephone: (403) 258-3767, ext 230

A copy of the application is available for viewing on the EUB's web site at www.ercb.ca on the Integrated Application Registry (IAR).

For information about EUB procedures contact:

Applications Branch, Resources Applications Group
Attention: K. McDonald
Telephone: (403) 297-5934

The Board has established the following filing deadlines for this hearing:

February 27, 2006 Final date for submissions by any parties having concerns respecting the application.

March 13, 2006 Final date for any response from the applicant to the submissions filed by concerned parties.

Send two paper copies of the submission to the other interested parties. In addition, send one electronic copy of the information on CD in pdf format and 12 paper copies of the submission to:

K. McDonald, Applications Coordinator
Applications Branch, Resources Applications Group
Alberta Energy and Utilities Board
640 - 5 Avenue SW
Calgary, Alberta T2P 3G4

Any submission filed shall contain the following:

(a) a concise statement indicating

(i) the manner in which the intervener's rights may be directly and adversely affected by a decision of the Board on the proceeding,

(ii) the nature and scope of the intervener's intended participation,

(iii) the disposition of the proceeding that the intervener advocates, if any,

(iv) the facts the intervener proposes to show in evidence,

(v) the reasons why the intervener believes the Board should decide in the manner that the intervener advocates, and

(vi) the intervener's efforts, if any, to resolve issues associated with the proceeding directly with the applicant;

a. the name, address in Alberta, telephone number, fax number and, if available, e-mail address of the intervener;

b. if the intervener is represented by a representative, the name, address in Alberta, telephone number, fax number and, if available, e-mail address of the representative;

c. if the intervener is an unincorporated organization, the nature of the intervener's membership.

If you have an interest in this matter, you are required to make a submission with respect to this application even if you have previously filed a submission with the Board or with the applicant.

In accordance with Section 38 of the Alberta Energy and Utilities Board Rules of Practice, witnesses must give evidence under oath or affirmation.

In accordance with Section 12 of the Alberta Energy and Utilities Board Rules of Practice,all documents filed in this proceeding must be placed on the public record unless otherwise ordered by the Board.

Submissions relating exclusively to compensation for land usage are not dealt with by the EUB but may be referred to the Alberta Surface Rights Board.

Issued at Calgary, Alberta on January 26, 2006.

ALBERTA ENERGY AND UTILITIES BOARD

Douglas A. Larder, Q.C., General Counsel