Projects Overview

Golden Aria's main exploration property is the 2,080 acre Coteau Lake area of Southern Saskatchewan, Canada. The prolific Williston Basin underlies this area of Saskatchewan as seen below:

Golden Aria decided to focus in this area due to several key factors:

• 1) Prolific nature of the Williston Basin, billions of barrels of oil produced to date.
• 2) Saskatchewan is one of the few areas in North America where conventional crude oil production has actually doubled in the past ten years.
• 3) Saskatchewan is Canada’s second largest oil producer, accounting for almost 17% of Canadian production.
• 4) 70% of the current production is exported to the United States.
• 5) Bakken oil shale continues to grow in importance.
• 6) Cost of land considerably lower than other areas of the Western Canadian Sedimentary Basin.

In South East Saskatchewan, 3,606 vertical wells make up 58% of producing wells and 5,027 horizontal wells make up the other 42% as seen below:

Source: Government of Saskatchewan