Waskahigan Oil & Gas Corp

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

British Columbia, Canada

Kotcho Area

WOGC (through a subsidiary – Odaat Oil Corp) owns a 22% working interest in a disposal well near Fort Nelson, British Columbia. Due to low commodity prices and pipeline constrains, the disposal well was not active 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. Odaat Oil Corp has not received certificate of compliance from the BCER.