NAL RESOURCES LIMITED

NAL Resources Management Ltd. was established in 1990 and provides management services to NAL Resources Ltd., a private oil and gas company. NAL Resources brings expertise in all areas of finding, development and the management of oil and gas assets. NAL Resources produces approximately 40,000 boe per day of production in its core areas of southeastern and southwestern Saskatchewan, and central and northwestern Alberta. NAL remains focused on its strategy of growing through the drill bit, and through corporate and property acquisitions, while also managing oil and gas assets on behalf of investors. With more than 300 dedicated team members working in Western Canada, NAL Resources brings expertise in all areas of finding, development and the management of oil and gas assets. NAL Resources and the manager are both indirect wholly-owned subsidiaries of Manulife Financial Corp.