In November and December 2004 the Company acquired various oil and gas leases covering lands and equipment located in

central Tennessee. To acquire the leases the Company paid approximately $155,000.

In October 2002 the Company acquired a 230-acre oil and gas lease located in Fentress County, Tennessee.

To acquire the lease the Company paid $US1,880 ($Cdn.2,698).

During the year ended July 31, 2004, the Company abandoned this property and wrote off all associated costs.

The Company allowed the claims to lapse and wrote off all associated costs during the year ended July 31, 2004.

so clearly the fentress and rogersville leases are identified....the specific county location of the central TN leases is not identified....