Take Notice that examiners appointed by the Alberta Energy and Utilities Board (EUB) will hold a public hearing of Application No. 1366191 at the Metropolitan Centre, 333 4 Avenue SW, Calgary, Alberta, commencing on February 2, 2005, at the hour of 9:00 a.m. All interveners to this proceeding must be present at the commencement of the hearing to register their appearance.

Sawtooth International Resources Inc. has applied pursuant to section 80 of the Oil and Gas Conservation Act (the Act) for an order prescribing that all tracts within the drilling spacing unit comprising Section 12 of Township 55, Range 21, West of the 4th Meridian, be operated as a unit for the production of gas from the Mannville Group, through the well with the unique identifier of 00/11-12-055-21W4.

The applicant requested, among other things, that costs and revenues under the pooling order be allocated on a tract area 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 a tract's share of the costs of drilling the well to, and completing it in, the formation(s) named in the order, if the tract owner does not pay its share of costs within 30 days of the later of the pooling order being issued, the tract 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 the applicant's agent:

Proven Reserves Exploitation Ltd.
210, 703 6 Avenue SW
Calgary AB T2P 0R5
Attention: W. Winnick
Telephone: (403) 218-7005
Facsimile: (403) 261-6780

A copy of the application is available for viewing at the EUB's Calgary office,

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

For information about EUB procedures contact:

Applications Branch, Resources Applications Group
Attention: K. Fisher
Telephone: (403) 297-8490
Facsimile: (403) 297-2474
Email: karine.fisher@gov.ab.ca

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

January 12, 2005 Final date for submissions by any parties having concerns respecting the application.

January 19, 2005 Final date for any response from the applicant to any submissions filed by concerned parties.

Send two copies of your submission to the applicant's agent at the name and address above, and twelve copies of the submission to:

K. Fisher, Application Coordinator
Applications Branch, Resources Applications
Alberta Energy and Utilities Board
640 5th Avenue SW
Calgary AB 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;

(b) the name, address in Alberta, telephone number, fax number and, if available, e-mail address of the intervener;

(c) 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;

(d) 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 EUB or with Sawtooth International Resources Inc. on this application.

If there are no submissions received, this hearing may be cancelled and the EUB will continue to process the application without further notice or without a hearing.

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

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.

Any statements filed regarding this application become part of the public record and are accessible by the public.

Issued at Calgary, Alberta, on December 7, 2004.

ALBERTA ENERGY AND UTILITIES BOARD

Douglas A. Larder, General Counsel