BlackGold Expansion Project Summary Table Name of Company that Korea National Oil Corporation Company Byeong-il Kim will Hold Approval: Contact Name and Administration and Company Website: www.knoc.co.kr/eng/index.php Information: Finance Manager Suite 2010 Type of Project (e.g., In-situ, BlackGold Expansion Project th in-situ, mine, quarry, 520 – 5 Avenue SW upgrader, etc.) , T2P 3R7 Tel: 403-718-7081 Fax: 403-269-8081 E-mail: [email protected] Types of Activity • Central Processing Facilities New Project, Expansion (major project Expansion or processes) • Powerline Modification: • Tankage • Saline water source wells, distribution and gathering lines Project Location (legal Township 76, Range 7 West of the Life of Project Project life will be land description) and th (# years, YYYY- Municipality: 4 Meridian, Section 10 YYYY): approximately 25 years. Regional Municipality of Wood Project is proposed Buffalo to be operational from 2015-2040 Average Production 20,000 b/d (3,180 m3/d) Power Source From grid Capacity per Year (if on site power (specify units): generation, describe quantity (MW) and facilities): Nearest Residence Conklin, Alberta is approximately Private or Public Land (km): 10 km northwest from the proposed Public Land: project site Nearest First Nation Distance Total Project Approximately 2,000 ha Reserve(s) (name from Area (ha): and km): First Nation Reserve KNOC lease (km) Chipeywyan Winifred Lake 25 Prairie 194B First Nation Janvier 194 35 Cowper Lake 44 194A Heart Lake Heart Lake 58 First Nation 167 Heart Lake 66 167A Fort McMurray Gregoire 87 #468 First Lake 176 Nation Gregoire 93 Lake 176A Gregoire 86 Lake 176B Clearwater 114 175 Beaver Lake Beaver Lake 106 Nation 131

BlackGold Expansion Project Summary Table Total Area to be Approximately 150 ha Infrastructure • Existing roads Disturbed (ha): Requirements (roads, • New pipeline pipelines, water • Saline ground water intake, storage, tankage): • Storage • Tankage Method of Product Pipeline or truck Project Project will produce Transport (e.g., Products: pipeline, rail, truck): 20,000 b/d of bitumen Location of End Alberta pipeline system Project By- Project will produce Market: products: approximately 100 t/d of sludge Expected Types of Air Expected Types • SO2 None Emissions (e.g., SO2, of Effluent NOX, CO2): • NO2 Releases (note • PM2.5 the waterbodies the effluent will • CO2 be released to): Types of Wastes • Domestic sewage – septic field Waste Third party landfill Generated: Management • Chemicals – no volumes Facilities (i.e., available at this time disposal well, salt caverns, • Filters – no volumes available at landfill or third this time party): • Containers – no volumes available at this time • Caustic – 400 m3/yr Nearest Not applicable Watercourse Unnamed Creek—no fish Waterway/Waterbody Crossings (type (name and km): of crossing, any present—will be crossed Class A to C by a clear span bridge waterbodies): Water Act Licence No Water Act Yes Required (Y/N/ Approval Unknown/NA). If yes, Required (Y/N/ purpose, source and Unknown. If estimated volumes): yes, purpose): Fisheries Act No Navigable No Authorization Required Waters (Y/N/Unknown): Protection Act Authorization Required (Y/N/ Unknown): Waterbodies Required No Nearest Water Nearest domestic well is (Y/N/Unknown/NA). If Well (km) yes, number and ha): (domestic and approximately 10 km commercial): away Nearest industrial water well is approximately 7 km away Nearest Provincial Highway 881 is the closest Access to No improvements Highway (number and Provincial distance): Provincial Highway, located Highway (no required approximately 6 km west of the improv req/ proposed project improv req/ const req):

BlackGold Expansion Project Summary Table Traffic Impact No Pre-disturbance • Industrial gas wells Assessment Required Land Use(s): (Y/N/Unknown): • Traditional land use Projected Construction late 2012 or early 2013 Project 2015 Start (month/year): Operation Start (month/year): Reclamation Start and Start: 2024 Post- Forestry, wildlife and End (YYYY-YYYY): reclamation End: 2049 Land Use(s): recreation Any Unique There are three rare plant locations Historic Yes Environmental or Resources Social Considerations in wetlands outside of the footprint. Impact (if yes, describe): Assessment Required (Y/N/ Unknown): Estimated Construction 600 Estimated 875875 Person-Years of Operation Employment: Person-Years of Employment: Construction or A construction and operation camp Method of Employees will access Operation Camp Transport of Required will be located on site Employees to site via provided bussing (Y/N/Unknown. If yes, Site or personal vehicle on-site or off-site): (construction and operation): Date Stakeholder 2006 Aboriginal • Prairie Engagement Started Groups (public/Aboriginal): Involved in Dene First Nation Stakeholder • Fort McMurray #468 Engagement: First Nation • • • Conklin Metis Local #193 • Fort McMurray Metis Local #1935 • Chard Metis Local #214 • Metis Nation of Alberta Zone 1