Alberta Oilsands Inc. (TSXV: AOS) a technically driven high growth junior oilsands company focused on creating long term sustainable value through the rapid delineation of the oil sands resources located on the company's 100% working interest lands.

Blacksands Petroleum Inc. (OTCBB: BSPE) is engaged in the exploration of unconventional oil in the Mid-Western Province of Canada (Saskatchewan) with an emphasis on oil sands exploration. Blacksands has a 75% interest in a privately held company called Access Energy, which has been granted by the Buffalo River Dene Nation exclusive and enforceable rights to conduct exploration and development on their traditional lands. The initial exploration project is named "A10" and lies on a portion of the land controlled by the Dene Nation in western Saskatchewan on the border with Alberta. Blacksands plans to explore the Project Land seeking to discover and develop heavy oil (unconventional) and bitumen deposits.

Bronco Energy Ltd. ("Bronco") (TSXV:BCF) is a junior growth energy company, primarily engaged in the development, exploration, production and acquisition of oil sands in Western Canada. Bronco's experienced management team is dedicated to cost effective, per share growth in reserves, production and cash flow. Bronco is primarily focused on heavy oil development of approximately 55,000 acres in the Athabasca Oil Sands region through its joint venture agreement with the Bigstone Cree Nation.

CANADIAN NATURAL RESOURCES (NYSE: CNQ; Toronto: CNQ.TO) Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore West Africa.

CANADIAN OIL SANDS (COSWF.PK, COS.UN) Canadian Oil Sands Trust is an open-ended investment trust that generates income from its 35.49% working interest in the Syncrude Joint Venture. The Trust is the largest pure-play investment opportunity in the Alberta Oil Sands, a vast resource that rivals the oil reserves of Saudi Arabia. Managed by Canadian Oil Sands Limited, the Trust currently has approximately 466 million units outstanding, which trade on the Toronto Stock Exchange under the symbol COS.UN.

Connacher Oil and Gas Limited (TSX:CLL ) is a Calgary-based Canadian oil and natural gas exploration, development and production company. Its principal asset is a 100 percent interest in approximately 95,000 acres of oil sands leases in the Great Divide region near Fort McMurray, Alberta. It also maintains conventional production at Marten Creek and Three Hills, Alberta and at Battrum, Saskatchewan. Connacher owns 26 percent of and manages Petrolifera Petroleum Limited (TSX - PDP), which has interests in Argentina, Peru and Colombia.

EnCana Corp. (ECA) engages in the exploration, production, and marketing of natural gas, crude oil, and natural gas liquids (NGL) in Canada, the U.S., Ecuador, and the United Kingdom. The company operates in two divisions, Upstream, and Midstream and Marketing. The Upstream division manages the company’s exploration, development, and production of natural gas, NGL and crude oil, and other related activities. The Midstream and Marketing division engages in natural gas storage, NGL processing, and power generation operations, as well as the sale and delivery of produced product, and the purchase of third party product. EnCana had net proved reserves of approximately 10.5 trillion cubic feet of natural gas and 501 million barrels of crude oil and NGLs, as of December 31, 2004. EnCana Corporation was formed through the merger of Alberta Energy Company, Ltd. and PanCanadian Energy Corporation in 2002. EnCana is headquartered in Calgary, Canada.

Excelsior Energy Limited (CNQ:EXEL) The Company is continuing to focus efforts in oil sands exploration and appraisal in the Hangingstone ("Hangingstone" or "Hangingstone Asset"), and West Surmont ("Surmont" or "Surmont Asset") areas near Fort McMurray, Alberta.

Firesteel Resources Inc. (TSX:V:FTR ) wholly owned Blacksteel Oil Sands subsidiary has concluded a Letter of Intent (LOI) for the acquisition of a 100 percentworking interest in 12,160 additional acres (4,864 hectares (ha)) of oil sands properties in the Peace River Area of Alberta.

Great Northern Oilsands (OTCPK: GNNS) has recently partnered in drilling high impact oil and gas exploration prospects and is also active in the Athabasca Region of the Alberta Oilsands.

Habanero (Pink Sheets: HBNRF) (TSX-V:HAO) is an emerging junior oil and gas company focused on oil and gas exploration and production in North America. Habanero is one of, if not the smallest market capitalized company, that has interests in five separate Oil Sands prospects, including having exposure to approximately 55,000 acres of Oil Sands interests though its equity ownership in Andora. Habanero currently earns conventional oil and gas revenue from multiple wells located in North America. Habanero's goal is to become a mid-range oil and gas producer.

HUSKY ENERGY INC (HSE.TO) Husky Energy is a Canadian based, integrated energy and energy-related company headquartered in Calgary, Alberta. Husky Energy is publicly traded on the Toronto Stock Exchange under the symbol HSE.

Imperial Oil Ltd. (IMO) Imperial Oil Limited engages in the exploration, production, and sale of crude oil and natural gas, including upgraded crude oil and crude bitumen in Canada. The company also manufactures and markets various petrochemicals.

Ivanhoe Energy (NASDAQ:IVAN) is an independent international heavy oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTL(TM)). Core operations are in the United States and China, with business development opportunities worldwide.

MegaWest Energy Corp. (OTCBB: MGWSF) in non-conventional oil and gas operations with an initial focus on North American heavy oil. MegaWest Energy’s experienced management is planning to achieve early and significant reserves and production from its world-class suite of properties.

MICRON ENVIRO SYSTEM (OTCBB: MENV) Micron is an emerging oil and gas company that has exposure to four separate leases in the Athabasca Oil Sands of Alberta, Canada, which is the largest Oil Sands region in the world, and has production from multiple conventional oil and gas wells. Micron is one of if not the smallest market capitalized companies with exposure to multiple Alberta Oil Sands. Micron's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. Micron currently has multiple independent sources of oil and/or gas revenue from production in Canada and Texas. Micron is presently involved in multiple oil and gas prospects, and continues to look for additional projects that would contribute to building Micron's market capitalization, including additional Oil Sands projects.

Nexen Inc. (NYSE: NXY) Nexen Inc. is an independent, Canadian-based global energy and chemicals company, listed on the Toronto and New York stock exchanges under the symbol NXY. We are uniquely positioned for growth in the UK North Sea, the deep-water Gulf of Mexico, the Athabasca oil sands of Alberta, the Middle East and offshore West Africa. We add value for shareholders through successful full- cycle oil and gas exploration and development, a growing industrial bleaching chemicals business, and leadership in ethics, integrity and environmental protection.

Nevtah Capital Management ( NTAH:OTCPK ) Nevtah Capital and Black Sands Energy's joint venture own the proprietary rights in Utah for their proven, closed-loop extraction system that produces oil for less than $ 12.50 USD per barrel. The system is earth-friendly and has near-zero solvent loss, produces no greenhouse gases and returns the cleaned-up sands back to the environment, leaving the ecosystem in better-than-original condition. This highly scalable technology does not require water and works efficiently on a wide range of host oil and sediment types. Oil recovery rate after the pilot plant enhancements is now 99.9%.

North Peace Energy (TSX.V:NPE) is an early stage oil sands company with land and assets bridging the Athabasca and Peace River oil sands areas of northern Alberta.

Oilsands Quest, Inc. (AMEX: BQI) is an exploration stage company that engages in the exploration and development of natural resource properties in Canada. Through its subsidiaries, the company primarily focuses on the exploration, delineation, and exploitation of bitumen resources on its exploration permits located in the Province of Saskatchewan.

OPTI CANADA INC (OPC.TO) OPTI Canada Inc. is a Calgary, Alberta-based company, which was established in 1999 to develop major integrated bitumen and heavy oil projects in Canada using its proprietary, next-generation OrCrude™ process. OPTI is focused on developing the fourth and next major integrated oil sands project in Canada, Phase 1 of the Long Lake Project (the Project), in a 50/50 joint venture with Nexen Inc.

PARAMOUNT RESOURCES Ltd. (POU:TSX) is an oil and natural gas exploration, development and production company with operations focused in Western Canada. Paramount has vended its 50% interest in a SAGD oil sands joint venture to North American for common shares of North American. Concurrently with the closing of the transaction, two additional nominees of Paramount were appointed to the board of directors of North American. Paramount now owns approximately 50% of the outstanding common shares of North American. Paramount continues to hold its 100% interest in its oil sands leases in the Surmont area of Alberta.

PATCH INTERNATIONAL (PTCH: OTCBB) a "junior" oil and gas company that currently earns oil revenue from a small participation interest in 20 oil wells. These wells provide the company with some short and long-term cash flow. PTCH has drill programs planned on five properties in Alberta, Canada scheduled for 2006. PTCH also has oil sands properties in the heart of the Alberta Oil Sands, owned through its majority ownership of Patch Oilsands Limited Partnership, on which it plans a limited work program in 2006.

Petrobank Energy and Resources Ltd. (TSX:PBG) (OSLO:PBG) oil and natural gas exploration and production company with operations in western Canada and Colombia. The Corporation operates high-impact projects through three business units. The Canadian Business Unit is developing a solid production platform from low risk gas opportunities in central Alberta and an extensive inventory of Bakken light oil locations in southeast Saskatchewan, complemented by new exploration projects and a large undeveloped land base. The Latin American Business Unit is operated by Petrobank's 80.7% owned, TSX-listed subsidiary, Petrominerales Ltd. (trading symbol: PMG), which produces oil through two Incremental Production Contracts in Colombia and has exploration contracts covering 1.5 million acres in the Llanos and Putumayo Basins. WHITESANDS Insitu Ltd., Petrobank's 84% owned subsidiary, owns 39,680 acres of oil sands leases with an estimated 2.6 billion barrels of gross bitumen-in-place and operates the WHITESANDS project which is field-demonstrating Petrobank's patented THAI(TM) heavy oil recovery process. THAI(TM) is an evolutionary in-situ combustion technology for the recovery of bitumen and heavy oil that integrates existing proven technologies and provides the opportunity to create a step change in the development of heavy oil resources globally.

PETRO CANADA VAR (NYSE: PCZ) Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and the downstream sectors of the industry in Canada and Internationally.

Powder River Basin Gas Corp. (OTCBB:PRVB), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, announced they are embarking on an initiative to investigate opportunities in the Canadian energy market, including the oil sands.

Royal Dutch Shell (RDS.A) Royal Dutch Shell plc, through its subsidiaries, operates as an energy company worldwide. The company operates in four segments: Exploration and Production, Gas and Power, Oil Products, and Chemicals.

SHELL CANADA LIMITED (SHC.TO) Shell Canada Limited is a large integrated petroleum company in Canada with three major businesses. Exploration & Production explores for, produces and markets natural gas and natural gas liquids. Oil Sands is responsible for an integrated bitumen mining and upgrading operation in the Athabasca area of Alberta and Shell Canada's Peace River in situ bitumen business. Oil Products manufactures, distributes and markets refined petroleum products across Canada.

Source Petroleum Inc. (OTCBB: SOPO ) has commenced preparation for drilling and seismic operations on its Heavy oil and Oil shale projects in Peace River, Alberta and Pasquia Hills, Saskatchewan.

Southern Pacific Resource Corp. (TSX.V-STP) is a junior oil and gas exploration company that acquired 80% interest in 217 contiguous sections of oil sands lease.

STRATA OIL & GAS INC (SOIGF.OB) A publicly-traded company focused on the exploration and development of oil sands and heavy oil in Western Canada.

SUNCOR ENERGY Inc (NYSE: SU) Suncor Energy Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor's oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel, while operations throughout Western Canada produce natural gas. Suncor operates a refining and marketing business in Ontario with retail distribution under the Sunoco brand. U.S.A. downstream assets include refining operations in Colorado and retail sales in the Denver area under the Phillips 66 brand.

Surge Global Energy, Inc. (OTCBB: SRGG) is an early-stage oil and gas exploration and production company. Surge is a junior exploration and production company in the Peace River and Athabasca oil sands regions of Canada, with 49 net sections of land in two key areas. Surge also has an interest in an exploration stage oil and gas project in Argentina and is looking to identify, acquire and develop working interests in other underdeveloped oil and gas projects in socially and politically stable regions.

Synenco (TSX: SYN) a Calgary-based oil sands company, holds a 60%interest in and is the Managing Partner of the NLP. SinoCanada Petroleum Corporation, an indirect wholly-owned subsidiary of Sinopec, owns the remaining 40% of the NLP. The independent best estimate of NLP's resource is 1.49 billion barrels of in-place bitumen. NLP also holds extensive coal lease applications in the Athabasca region in north eastern Alberta. In addition to its interest in NLP, Synenco holds a 100% interest in an oil sands lease adjacent to the NLP lands.

UTS ENERGY CORP (UTS.TO) UTS Energy Corporation is creating shareholder value from the Fort Hills oil sands project. Located in the Athabasca oil sands region approximately 90 kilometers north of Fort McMurray, Alberta, the Fort Hills Project is one of the last major undeveloped oil sands mining resources. Regulatory approval is in place for the production of up to 190,000 barrels per day of bitumen. The resource is well defined with a 2.8-billion-barrel mine plan and attractive development options.

Wentworth Energy, Inc. (OTCBB: WNWG) an exploration stage company, through its subsidiaries, engages in the exploration and development of oil and gas properties in the United States. The company holds interest in the Henry Dome gas project located in McMullen County, Texas; 4 oil producing wells in North Texas; approximately 1,900 acres in the Asphalt Ridge Tar Sands project near Vernal, Utah; oil and gas leases in the West Texas Permian Basin; and 40 acres of oil and gas lease on the Upper Gulf Coast, Polk County. In addition, Wentworth Energy, through a joint venture, develops oil sands projects.

Western Oil Sands (WTO.TO) Western Oil Sands is a 20 percent partner in the Athabasca Oil Sands Project. Together with our partners, Western Oil Sands mines and extracts recoverable bitumen reserves at the Muskeg River Mine for transportation to the Scotford Upgrader, 435 km to the south, for upgrading into synthetic crude oil. Western is also pursuing other activities related to technology development, downstream initiatives and large, long-life resource capture.

Winstar Resources Ltd.(WIX-TSX-V) is a Calgary-based junior oil and gas company which explores for, develops, produces, and sells crude oil, natural gas liquids and natural gas in (Alberta) Canada, Tunisia and Hungary.

PRIVATE COMPANY:

MEG Energy Corp. - A private Canadian oil and gas corporation involved in the oil sand development at its 100% owned Christina Lake Regional Project.

Oil Sands Sector Fund (TSX: OSF.UN)

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