Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Chancellor Energy Resources has landed an exploration permit which will allow it to drill on 55,000 acres of Blood Reserve land.

Chancellor will pay the band a lump sum for exploration rights and royalties equal to those paid on Alberta Crown-owned lands.

Tom MacKay, Chancellor president, said the deal is "a coup," since the reserve lands are unexplored and the permit is for 10 years.

Chancellor plans to drill two wells in search of natural gas and conduct seismic tests. If they are successful, another four wells could be drilled by year's end.

Page 10

Indigenous peoples from Saskatchewan and Taiwan have joined forces to open up economic and cultural opportunities.

The National Aboriginal Economic and Cultural Agreement was signed by Taiwan Aboriginal legislature member Chin-Sheng Chuang on behalf of the Taiwan government and business interests. Assembly of First Nations Grand Chief Ovide Mercredi also signed the agreement in Prince Albert, Sask. on July 24.

Page 10

Indigenous peoples from Saskatchewan and Taiwan have joined forces to open up economic and cultural opportunities.

The National Aboriginal Economic and Cultural Agreement was signed by Taiwan Aboriginal legislature member Chin-Sheng Chuang on behalf of the Taiwan government and business interests. Assembly of First Nations Grand Chief Ovide Mercredi also signed the agreement in Prince Albert, Sask. on July 24.

Page 10

Indigenous peoples from Saskatchewan and Taiwan have joined forces to open up economic and cultural opportunities.

The National Aboriginal Economic and Cultural Agreement was signed by Taiwan Aboriginal legislature member Chin-Sheng Chuang on behalf of the Taiwan government and business interests. Assembly of First Nations Grand Chief Ovide Mercredi also signed the agreement in Prince Albert, Sask. on July 24.