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GEOCAN Energy Inc. - Annual and Special Meeting of Shareholders

We continue to be adaptive and opportunity driven. We started in heavy oil with its low exploration and development costs and high success rates, and from there have built a traditional exploration and production company with a balance of commodities – heavy oil, light/medium oil and natural gas. Our opportunities arise through the drill bit or through acquisitions. We have capitalized on this by completing one large asset and two corporate acquisitions in the past three years.

We control our own destiny. We operate approximately 90% of our production. This provides GEOCAN with strong control over exploration and production priorities and the flexibility to move quickly to access services. From our beginnings in the Lloydminster region of Alberta and Saskatchewan, we now have land and opportunities in northeast British Columbia, the Peace River Arch area, west central and central Alberta, Saskatchewan and east-central Alberta. Our large portfolio of undeveloped land provides us an array of high quality drilling assets for future growth.

Our history. The GEOCAN story is a growing and evolving one In nine short years, we have grown from a junior capital pool with $200,000 of seed capital to Canada’s fifth largest publicly held junior oil and gas producer among a list of 50 companies with production between 500 and 5,000 boepd. Our enterprise value at year end was over $145 million and we have a shareholder base of approximately 5,000 shareholders.

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