Summary - Parcel 1

• Located in the Sable Subbasin where 23 discoveries have been made to date.
• Surrounded by a producing gas field and two significant gas discoveries.
• Favourable setting for thick, good quality, gas bearing, Missisauga reservoir sands trapped within rollover anticlines.
• Located only 6 km from Sable Offshore Energy Project’s North Triumph production platform and pipeline.
• Shallow water parcel, majority of parcel in 50 – 400 m water depth.

FIGURE: 10