IRADESSO QUARTERLY - BMIR - Bryan Mills Iradesso

ABBREVIATIONSbbls • barrels of oilboe • barrels of oil equivalentboe/d • barrels of oil equivalent per daymcf • thousand cubic feetmmcf • million cubic feetNGLs • natural gas liquidsASSUMPTIONS• Barrels of oil equivalent calculated using6 mcf = 1 boe• Net debt has been calculated by including bank debt,debentures, preferred convertible shares andworking capital.• For companies with A/B share structures,B shares have been converted to A sharesusing end-of-period share prices.• For trusts, exchangeable units have been convertedto trust units using end-of-period exchange ratios.JuniorProfiles20 Arsenal Energy21 Delphi Energy22 Equal Energy23 Exall Energy Corporation24 Novus Energy25 Second Wave Petroleum26 Surge Energy27 Tamarack Valley Energy28 Terra EnergyIntermediateProfiles37 Crescent Point Energy38 Galleon Energy39 NAL Oil and Gas Trust40 Perpetual Energy41 PetroBakken EnergyInterNationalProfiles44 Bengal Energy45 Petrolifera Petroleum46 PetromineralesDISCLAIMERThe information used to compile this report is publicly available.Bryan Mills Iradesso provides the comparison to shine thespotlight on these segments of the energy industry, and tocommunicate the achievements and growth potential of the oiland gas companies and trusts. The iQ Report does not constitutea solicitation or recommendation for the purchase or sale of anysecurity; it is provided for information only and is not intendedto serve as investment advice. Bryan Mills Iradesso cannot beheld responsible for accuracy and all readers are encouragedto conduct their own research. This report is provided by BryanMills Iradesso as a service to the reader without responsibility foraccuracy. Bryan Mills Iradesso must be credited with developingthe iQ Report if any part of it is reproduced. The companies thathave provided a corporate profile for this report have paid BryanMills Iradesso a fee.RETURN UNDELIVERABLE CANADIAN ADDRESSES TO:BRYAN MILLS IRADESSO400, 805 - 10 AVENUE SW CALGARY AB T2R 0B4QUARTERLY REPORT : Q2 2010 3