AAA

Operations

Utica Shale

Oil & Gas

Alexander

Turin

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The Market

pipelineQuebec
It is extremely important to note that there is significant pipeline capacity for the Utica gas currently available (200 – 400 MMCFD) with a gas price bonus between $1 – $2 per MCF over similar quality gas discovered in Texas or Western Canada. Once the Quebec government completes its regulatory review, Canadian Quantum is well positioned in the St. Lawrence lowlands to advance its significant land holdings.

Ontario
The Company has some minor producing assets located in Ontario. Currently there are no plans to expand the asset base in this basin.

Western Canada
The Company is focusing on advancing oil and gas opportunities in Western Canada while regulatory and environmental issues get resolved in Quebec. Canadian Quantum is currently participating in two Alberta based projects and is conducting due diligence on additional oil opportunities.