NOTICE OF APPLICATION
APPLICATION NO.  1523602
CORDERO ENERGY INC.
BUFFALO LAKE FIELD

Take Notice that the Alberta Energy and Utilities Board (EUB) has received Application No.1523602. This notice is to advise of the filing of this application. Note that if no submissions are received on or before October 3, 2007, relating to the application, the EUB may continue to process this application without further notice.

Nature of the Application
Cordero Energy Inc. has applied pursuant to section 80 of the Oil and Gas Conservation Act (the OGCA) for an order prescribing that all tracts within the drilling spacing unit comprising Section 15 of Township 40, Range 21, West of the 4th Meridian (Section 15), be operated as a unit for the production of gas from all zones to the base of the Belly River Group, through a well to be drilled in Legal Subdivision 8 of the section, and from other wells to be drilled up to a maximum of four wells per section per pool.

Cordero further applied pursuant to section 86 of the OGCA to allow Cordero to sell the registered owner’s share of production from Section 15, pay out of those proceeds the costs and expenses payable to Cordero by such registered owner, and pay the balance of the proceeds to the Minister of Energy, to be held by the Minister in trust pending an order of the Court of Queen’s Bench or until a settlement has been reached by parties.

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. The applicant did not request any penalty to be imposed against actual drilling and completion costs.

Additional Information
To obtain additional information or a copy of the application, contact
Cordero Energy Inc.
2400, 255 – 5 Avenue SW
Calgary Alberta  T2P 3G6
Attention: A. Cebotari
Telephone: (403) 716-4187
Fax: (403) 265-7050

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: A. Lung
Telephone: (403) 297-5361
Fax: (403) 297-2474
E-mail: andrew.lung@eub.ca

To File a Submission
If you have an interest in this application and you wish to file a submission, please state in writing your reasons for filing by no later than October 11, 2007. Send one copy of your submission to the applicant at the name and address above and either an electronic copy by
e-mail to andrew.lung@eub.ca or 12 paper copies to

A. Lung, Application Coordinator
Applications Branch, Resources Applications Group
Alberta Energy and Utilities Board
640 – 5 Avenue SW
Calgary, Alberta  T2P 3G4

Notes
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 the applicant.

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 file in respect of this proceeding must be placed on the public record unless otherwise ordered by the Board.

Issued at Calgary, Alberta, on September 13, 2007.

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