Waskahigan Oil & Gas Corp

Suite 203, 221 – 10th Avenue SE, Calgary, Alberta Canada T2G 0V9

Alberta, Canada

WOGC (through its subsidiary Odaat) has rights to 27.25 sections gross (19.51 net) of petroleum and natural gas rights in the Province of Alberta. Odaat owns 10 oil and natural gas wells (gross)(7.34 net) wells which are producing or are capable of producing at commercial volumes. Two wells are located in Carstairs, Alberta. Eight wells are located near Fox Creek, Alberta. Odaat operates 9 wells. Odaat owns various pipelines, surface equipment and chattels used to produce oil and natural gas from the wells. It owns no processing facilities. It owns no trucks or other chattels other than oil and gas equipment. It has no chattel leases. It has no full time employees. WOGC (through a subsidiary) owns a 22% working interest in a disposal well near Fort Nelson, British Columbia. Due to low commodity prices (prior to 2022) and pipeline constrains, the disposal well is inactive but had a $566,500 security deposit with the British Columbia Energy Regulator (“BCER”). The well has been abandoned and the site remediated using some of the funds with the BCER. WOGC has not received certificate of compliance from the BCER.