Pemberton Energy Ltd.

Pemberton Energy Project Overviews

Peace River Arch Area, Alberta

Pemberton Energy currently holds a total of 1,600 acres in the Peach River Arch area, consisting of Gage and Berwyn Area holdings, in northwest Alberta, Canada. The Company is surrounded by numerous active oil and gas companies in a region that produced 4,300 barrels of oil equivalent (BOE) in 2004, and holds proved plus probable reserves of 15 million BOE*.

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Berwyn, Alberta

Pemberton Energy Ltd. has signed binding Petroleum and Natural Gas Lease and Grant Agreements to lease the subsurface mineral rights from surface to basement. Pemberton Energy Ltd. will assume 100% of the drilling and completion costs of any and all planned targets, inclusive of all operating, processing, transportation and production.

# Of Agreements Signed	# Acres	Term	% Undivided Interest	% Beneficial Interest Retained by Pemberton
9	370	3 years	100	75

Gage, Alberta

Pemberton Energy Ltd. has signed binding Petroleum and Natural Gas Lease and Grant Agreements to lease the subsurface mineral rights from surface to basement.Pemberton Energy Ltd. will assume 100% of the drilling and completion costs of any and all planned targets, inclusive of all operating, processing, transportation and production.

# Of Agreements Signed	# Acres	Term	% Undivided Interest	% Beneficial Interest Retained by Pemberton
1	160	2 years	100	75
1	54	3 years	100	75
1	93	3 years	100	75
6	160	3 years	100	82
6	160	3 years	100	82
4	507	2 years	50	75 of the 50% undivided interest

Panny Area, Alberta

The Panny area property is located within the Keg River formation in northern Alberta, Canada. The Company’s Panny 8-25 well was completed in early 2003, and produced 821.8 barrels in April 2005, contributing to 12-months total production of 4,725.3 barrels.

Gulf Canada estimated the Keg River formation’s oil in place reserves at nearly 80 million barrels. Utilizing 3D permeability modeling and reservoir simulation combined with horizontal drilling, Gulf also drilled five highly successful wells in the Panny area, with production 10x that of previous wells in the area**.

Saskatchewan

# Of Agreements Signed	# Acres	Term	% Undivided Interest	% Beneficial Interest Retained by Pemberton
9	480	3 years	100	83

*Source: As referred to in 11/10/05 news release, prepared in accordance to the COGE handbook standards
**Source: “Gulf Canada Integrates Workflow from Seismic to Simulation.” Landmark, 2002.

NOTE: Barrels of oil equivalent may be misleading, particularly if used in isolation. A barrel-of-oil-equivalent conversion ratio of one barrel being equal to 6,000 cubic feet of gas is based on an energy equivalency conversion method primarily applicable at the burner tip, and does not represent a value equivalency at the wellhead.

Disclaimer: Nothing contained on this Web Site constitutes or shall be deemed to constitute advice or an invitation to invest or deal in any securities and must not be relied upon in connection with any investment decision.