Contact Exploration Inc.
Suite 1520, 700 6th Ave. SW
Calgary, AB, Canada T2P 0T8

Ph: 1 (403) 234-8663
Fax: 1 (403) 695-3915

STONEY CREEK OIL FIELD


Discovered in 1909, the Stoney Creek oil and gas field in New Brunswick is the second oldest hydrocarbon field in Canada. Contact believes the pool contains more than 30 million barrels of oil in place, characterized by a thick, permeable sandstone reservoir, containing light oil. With less than 3% of the oil produced to date, the accumulation is an ideal candidate for modern technology to develop. The Company drilled two successful horizontal wells in the late fall of 2010, redefining the company. These 2 wells continue to show good production with the combined field producing more oil in a single year (2011) than had been produced in any other single year in its 102 year history. This exceptional oil asset has strong growth potential with the continued application of horizontal drilling and multistage completion technology. Contact has identified an additional 12 horizontal drill locations to exploit this oil resource.