Take Notice that an examiner appointed by the Alberta Energy and Utilities Board (EUB) will hold a public hearing of Application No. 1348141 at the offices of the Board, 640 5th Avenue SW, Calgary, Alberta, on Tuesday, August 17, 2004, at 9:00 a.m. All interveners to this proceeding must be present at the commencement of the hearing to register their appearance.

Val Vista Energy Ltd. 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 6 of Township 6, Range 15, West of the 4th Meridian, be operated as a unit for the production of gas from the Barons Sand, through a well with the unique identifier of 00/04/06-006-15W4.

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 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.

1910, 777 8 Avenue SW

Calgary AB T2P 3R5

Attention: G. Low

Telephone: (403) 218-7001

For information about EUB procedures contact:

Applications Branch, Resources Applications Group

Attention: K. Fisher

Telephone: (403) 297-8490

To File A Submission

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

August 5, 2004 Final date for submissions by any parties having concerns respecting any of the applications.

August 11, 2004 Final date for any response from the applicant to the 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, EUB

640 5th Avenue SW

Calgary AB T2P 3G4

Any submission filed shall contain information detailing:

(i) the desired disposition of the application,

(ii) the facts substantiating the position of the submitter, and

(iii) the reasons why the submitter believes that the EUB should decide in the manner advocated.

(iv) how the proposed project, if approved, may directly and adversely affect the submitter.

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

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

Issued at Calgary, Alberta on July 9, 2004.

ALBERTA ENERGY AND UTILITIES BOARD

Douglas A. Larder, General Counsel