Deep Basin - Brewster

The Company has interest in the Brewster area of west central Alberta (in townships 42, 43 and 44; range 12-13, W5). These lands are prospective in the Belly River formation at depths of 1,500 to 2,000 metres as well as deeper zones including Nordegg, Rock Creek, Ellerslie, Ostracod, Falher and Notikewin. A total of six (6) wells have been drilled on Company acreage. Two (2) wells are currently producing; the 15-11 well and the 102/01-26 well. The 15-11-043-13 W5 well has been producing since July 2008 at a sustained rate of 350 - 400 mcf/d with liquids. The 102/01-26-043-13 W5 well came on stream in November 2010 and is currently producing ˜350 - 400 mcf/d plus liquids.

Vecta holds a 47.5% interest in the 12-15-42-13 W5 well which was drilled and suspended in 2006. Pipeline access is not feasible at today's gas price for a single well of this type.

Harmattan Area

The Company farmed out its 50% interest in Section 36-31-3 W5M. The farmee drilled and completed a well to earn a 70% Working Interest. Vecta retains a 15% carried working interest through completion. A horizontal well was drilled and tested the Cardium formation with a multi stage frac treatment. The Operator performed a workover in which Vecta elected not to participate. The last report after the workover showed the well producing ˜30-40 boe per day. Also in the Harmattan area, Vecta sold an interest in its acreage in 31-2 W5 but retained a 2.5% gross overriding interest. A horizontal well was drilled in what the company interpreted as a Mannville Channel environment and was completed as a gas / liquids well. In December 2010 the well was placed on production and is currently producing at a rate of 1900 boe per day (restricted) with 60% liquids.