NOTICE OF RESCHEDULING OF HEARING
APPLICATIONS NO. 1480869 & 1486164
HIGHPINE OIL & GAS LIMITED
PEMBINA FIELD

Take Notice that the Alberta Energy and Utilities Board (EUB) had scheduled a public hearing of Applications No. 1480869 and 1486164 at the Town of Drayton Valley Omniplex, 5737 – 45 Avenue, Drayton Valley, Alberta, commencing on Monday, September 17, 2007, at the hour of 9:00 a.m. The Board received a request from the Attorney General of Alberta to reschedule the hearing and granted the request.

Therefore, Take Notice that the EUB will hold a public hearing of Applications No.1480869 and 1486164 at the Causeway Bay Westwinds, 4225 - 50 Street, Drayton Valley, Alberta, commencing on Thursday, September 27, 2007, at the hour of 8:30 a.m. All interveners to this proceeding must be present at the commencement of the hearing to register their appearance.

Nature of the Applications
Highpine Oil & Gas Limited (Highpine) has submitted applications in accordance with Section 2.020 of the Oil and Gas Conservation Regulations for licences to drill two Level 2 critical sour wells. The first application is to drill a directional well from a surface location in Legal Subdivision (LSD) 16 of Section 14, Township 50, Range 7, West of the 5th Meridian. The second application is to drill a directional well from a surface location in LSD 14-18-50-6W5M to a projected bottom hole location in LSD 16-13-50-7W5M. The maximum hydrogen sulphide (H₂S) concentration expected to be encountered in both wells would be approximately 216.7 moles per kilomole (21.67 per cent). The cumulative drilling and completion/servicing H₂S release rates for each well would be 2.0436 cubic metres per second (m³/s), with corresponding emergency planning zones (EPZs) of 3.74 kilometres (km). The suspended/producing H₂S release rate for each well would be 0.3867 m³/s, with corresponding EPZs of 1.21 km. The purpose of the wells would be to obtain crude oil production from the Nisku Formation. The proposed wells would be located approximately 6.5 km northeast of Rocky Rapids.

Additional Information
To obtain additional information or a copy of the application, contact

Highpine Oil & Gas Limited
Suite 4000, 150 – 6 Ave SW
Attention: Christien Venardos
Telephone: (403) 508-9561
Fax: (403) 508-9599

Copies of the applications are available for viewing at the EUB’s Calgary office and Drayton Valley Field Centre:

EUB Information Services
Main Floor, 640 – 5 Avenue SW
Calgary, Alberta T2P 3G4
Telephone: (403) 297-8190

Drayton Valley Field Centre
5005 – 61 Street
Drayton Valley, Alberta T7A 1S3
Phone: (780) 542-5182

For information about EUB procedures, contact

Applications Branch, Facilities Applications Group
Attention: Carla Giesbrecht
Alberta Energy and Utilities Board
640 –5 Avenue SW
Calgary, Alberta T2P 3G4
Telephone: (403) 297-4461
Fax: (403) 297-4117
E-mail: carla.giesbrecht@eub.ca

To File a Submission
Please note that the submission deadline with respect to the hearing of Applications No. 1480869 and 1486164 for interested parties expired on August 27, 2007. As such, due to the exceptional circumstances surrounding this rescheduling request, the Board Approved Hearing Schedule listed below should be followed. All submissions shall be filed on or before 4:00 p.m. of the respective date. Send one copy of your submission to the applicant and ten copies to the EUB to the attention of the Applications Coordinator at the names and addresses listed above.

Board Approved Hearing Schedule
The following is the schedule for the hearing process:

September 20, 2007 Attorney General of Alberta files submissions
September 25, 2007 Response to the Attorney General of Alberta submissions
September 27, 2007 Hearing commences

Notes
Any submission filed shall contain the following:

1. a concise statement indicating
   1. the manner in which the intervener’s rights may be directly and adversely affected by a decision of the Board on the proceeding,
   2. the nature and scope of the intervener’s intended participation,
   3. the disposition of the proceeding that the intervener advocates, if any,
   4. the facts the intervener proposes to show in evidence,
   5. the reasons why the intervener believes the Board should decide in the manner that the intervener advocates, and
   6. the intervener’s efforts, if any, to resolve issues associated with the proceeding directly with the applicant;
2. the name, address in Alberta, telephone number, fax number and, if available, e-mail address of the intervener;
3. 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; and
4. if the intervener is an unincorporated organization, the nature of the intervener’s membership.

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.

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

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

Issued at Calgary, Alberta, on September 17, 2007.

ALBERTA ENERGY AND UTILITIES BOARD
Douglas A. Larder, Q.C., General Counsel