Spitfire’s minor operated and non-operated areas in Alberta and Saskatchewan (including overriding royalty interests) produced an average of 24 boed during the quarter ended December 31, 2009, and currently produce at a rate of approximately 25 net boed. This compares with 28 boed during both the same period of fiscal 2009 and the previous quarter of fiscal 2010.

(Updated February 2010)