OPERATIONS

The Buffalo Resources Corp business activities are concentrated in the provinces of Alberta and Saskatchewan.

Alberta

Prospects

• Peace River Arch - Buffalo has an average 80% working interest in 13,000 gross acres of undeveloped land in the Peace River Arch. Several high potential oil & gas prospects have been identified generally targeting zones in the Triassic and Mississippian periods.

Production Locations

• Frog Lake - Buffalo acts as the operator and holds a 50% working interest in more than 50 oil wells. Buffalo has farm-in and participation agreements for 40,000 gross acres of undeveloped land with the potential for in excess of 100 low risk drilling opportunities over the next several years.

  Oil production is from the McLaren, GP and Sparky zones and gas production is from the Colony and Viking zones.

• Pincher Creek, Alberta - 66% average working interest in 42 sections.

• Viking Killam, Alberta - 80% average working interest in 48 sections.

• Whitecourt, Alberta - 40% average working interest in 53 sections.