1. 1 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. General Information  Onshore southern Tunisia, adjacent to the Libyan border  164,252 net acres (664.7 km 2 )  14% Working Interest  Operated by Storm Ventures International Inc.  Net potential reserves in place: 24-31 MM STB (TT structure alone). DeGolier and MacNaughton currently preparing a reserve report in accordance with NI 51-101 Sud Remada permit A 200 km 2-D seismic program defined two large Ordovician structures with the indicated areal extent of 67 km 2 and 74 km 2 respectively Completion and testing operations of TT2 discovery well confirmed presence of 44º API oil and natural gas. The well commenced production on March 22, 2009 at flow rates of 230-250 BOPD Silurian Tannezuft potential to be fully tested in future appraisal horizontal wells Several Silurian Acacus seismic structures, similar to the Adam and Hammouda fields in Tunisia and other fields in Libya, are present on the permit

2. 2 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. Sud Remada permit C.I = 10 m 0 5 km TT-1 TT-2 OWC -1269m GOC -1230m TT structure Structural closure:110 km 2 Gross reservoir: 98 m Area of oil pay: 67 km 2 Oil pay: 50.5 m Area of gas pay: 35 km 2 Gas pay: 7 m Independent Reserve Assessment: 170-220 MM STB in place 2009-2010 development plan includes: One year (or up to 90,000 bbls) early production testing Acquisition of 3D seismic on TT structure in late 2009 – early 2010 Drilling of two appraisal wells in Q3 – Q4, 2010 Appraisal wells expected to be on full production by late 2010

3. 3 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. General Information  Permit officially granted on July 28, 2006  Onshore, adjacent to the Jorf Permit  315,457 net acres (1,276.6 km 2 )  79% Current Working Interest (inclusive of 12.7% free carried interest)  Net potential resources of 50 MM BOE  Drilling operations for Triassic prospect expected to commence in 2010 Bazma permit Triassic Tagi gas and condensate potential, similar to the adjacent Tarfa field Several deeper Silurian and Ordovician targets outlined on the permit Newly acquired seismic data identified several potential structures and confirmed the selected drilling location on the Frida structure, approximately 4.5 km NE of the Tarfa field Gas, oil and condensate pipelines from adjacent Tarfa and Baguel fields are crossing the permit area

4. 4 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC.05 10 Km JORF PERMIT BZ 1 BZ 2 TY F FR DZ A B C D E LEGEND FR A PALAEOZOIC LEAD/PROSPECT (Petrel-Robertson/RIGO) TRIASSIC PROSPECT BAGUEL-TARFA Production Concession LMG 2 TAGI TARGET TARFA 1 HBR 1 ZKH 1 MA 1 BAZMA 1 ZMT 1 V KGF 1 PALAEOZOI C TARGETS DOUZ 1 OIL PIPELINE GAS CONDENSATE PIPELINE TARFA 2 5 km BS 1 BAGUEL 1 7 km Bazma permit Target distribution & prospect/leads map

5. 5 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. General Information  Onshore Tunisia, within 35 km of the Gulf of Gabes  92,020 net acres (372.4 km 2 )  19 % Current Working Interest  Net potential resources of 18 MM STB  Received 2°exploration renewal period of 2.5 year (expiry date: Aug 5, 2011) Jorf permit Permian reef potential, similar to West Texas Permian basin and discoveries in Kazakhstan north Caspian fields (Tengiz / Kashagan) Two Permian pinnacle reefs (prospect “Y” and prospect “Z”) outlined through interpretation of approximately 2,000 km of older seismic data in the northern sector of the block and confirmed by 200 km of new seismic campaign (2008) The Bhayra Rigo-1 well, drilled in August 2007, confirmed the presence of a highly porous and dolomitized Permian reef reservoir Major 24 inch pipeline within 6 km to 35 km from two reef structures Two oil treatment centers close to potential drilling locations

6. 6 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. Jorf permit – PROSPECT ‘Y’ TARGET: Oil FORMATION: Kubergandian Reef AGE: Middle Permian ---------------------------------------- POTENTIAL AREA: 15 km 2 PAY: 50 m POROSITY: 16 % S.W.: 25 % R.F.: 30 % RECOVERABLE RESERVES (MEAN) OIL: 75 MMBO GAS: N.E. PROSPECT “Y”- SEISMIC LINES 2083/THC9 & BAZMA WELL CALIBRATION PROSPECT “Y” - SEISMIC LINES 2083/THC9 & BAZMA WELL CALIBRATION BAZMA 1 WELL KUBERGANDI AN HERC. UNC. MURGHABIA N 2000 1000 msec LINE 2083 LINE THC 9 KUBERGANDIAN MURGHABIAN HERCYNIAN UNC. KUBERGANDIAN(Reef) MURGHABIAN PROSPECT “Y” NWSENWSE WELL LOCATION 0 3 Km PROSPECT “Y” PERMIAN (KUBERGANDIAN) DEPTH MAP (C.I.: 100 m) LINE THC9 LINE 2083 WELL LOCATION PERMIAN (KUBERGANDIAN) PERMIAN (KUBERGANDIAN) DEPTH MAP (C.I.: 100 m)

7. 7 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. Jorf permit – PROSPECT ‘Z’ TARGET: Oil FORMATION: Kubergandian Reef AGE: Middle Permian ----------------------------------------- POTENTIAL AREA: 05 km 2 PAY: 50 m POROSITY: 16 % S.W.: 25 % R.F.: 30 % RECOVERABLE RESERVES (MEAN) OIL: 14 MMBO GAS: N.E. PROSPECT “Z”- SEISMIC LINE 2089 PROSPECT “Z” - SEISMIC LINE 2089 100112001400160018002000220024002800 100 500 1000 1500 2000 2500 KUBERGANDIAN MURGHABIAN HERCYNIAN UNC. PROSPECT “Z” SWNE WELL LOCATION KGF 1 BZM 1 MA 1 PROSPECT “Z” LINE 2089 PERMIAN (KUBERGANDIAN) DEPTH MAP (C.I.:100 m) WELL LOCATION PERMIAN (KUBERGANDIAN) DEPTH MAP ZOOM (C.I.:100 m)

8. 8 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. JORF PERMIT BAZMA PERMIT 0 1 Km WELL LOCATION Jorf permit – PROSPECT ‘V’ TARGET: Gas & Cond. FORMATION: TAGI ss. AGE: Middle Triassic ---------------------------------------- POTENTIAL AREA: 2.2 km 2 PAY: 25 m POROSITY: 25 % S.W.: 35 % R.F.: 30 % ------------------------------------------ RECOVERABLE RESERVES (MEAN) OIL: 5 MMBO GAS: N.E. KGF 1 TAGI EDGE PROSPECT “V” LINE 2081 NEAR TOP AZIZIA DEPTH MAP ZOOM (C.I.: 20 m) ZOOM (C.I.: 20 m) 12001200140016002200 2478 300 500 1000 1500 HERCYNIAN UNC. AUSTRIAN UNC. AZIZIA/TAGI WELL KGF 1 PROSPECT “V” NNE SSW WELL LOCATION 2000 PROSPECT “V”- SEISMIC LINE 2081 PROSPECT “V” - SEISMIC LINE 2081 TOP AZIZIA DEPTH MAP (C.I.: 20 m)

9. 9 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. Sud Tozeur permit Potential new well close to the Nefta-1 well expected to commence drilling in late 2010- early 2011 to test Triassic, Ordovician and Cambrian reservoirs which had oil and gas indications in the Nefta-1 well Alternative locations on the permit will also be evaluated as several additional structures have been identified close to the Algerian border and West of the Sabria and North of the El Franig fields (1,032 MMBLS of OIP and 135 BCF plus 22 MMBLS of condensate in place, respectively) ‏ General Information  Onshore Tunisia, adjacent to the Algerian border  963,245 net acres (3,898 km 2 )  89% Current Working Interest (inclusive of 7.7% free carried interest)  Net potential resources of 133 MM BOE  Hydrocarbon potential in Triassic, Ordovician and Cambrian sandstone reservoirs

10. 10 August 2009 CYGAM ENERGY Inc. CYGAM ENERGY INC. ST96 NEF N 07 ST96 NEF N 07 Nefta 1 ST MIG 106 ST MIG 106 3708800 3713800 394100399100404100409100 Sud Tozeur permit – PROSPECT ‘NEFTA SE’ TARGET: Gas & Cond./Oil FORMATION: TAGI/Ord-Cam. AGE: Trias/Ord-Cam. ---------------------------------------- POTENTIAL AREA: 15 km 2 PAY: 50 m POROSITY: 16 % S.W.: 25 % R.F.: 25 % ---------------------------------------- RECOVERABLE RESERVES (MEAN) OIL: 25 MMBO GAS: N.E. NEFTA SE PROSPECT HERCYNIAN TWT MAP (C.I.: 5 msec) 3131 Nefta 1 well Hercynian Unc. TAGS Fm. NWSE Hercynian Unc. TAGS Fm. NESW 2500 2000 2100 2200 2300 2400 Nefta SE well 32080300280260240200100120140160180 SP 2500 2000 2100 2200 2300 2400 1900 Nefta 1 well Nefta SE well SP 28026024022020018016014010080 NEFTA SE PROSPECT - SEISMIC LINE ST MIG 106 NEFTA SE PROSPECT - SEISMIC LINE 96 NEF-N07