\nEXXON MOBIL CORP, IMPERIAL OIL LIMITED and UTS ENERGY CORPORATION
\n Tuesday, November 17, 2009
\nUTS Energy Corporation announce completion of the previously announced disposition of its 50 per cent working interest in Alberta Oil Sands Lease Nos. 421, 022 and 023. The leases are located east of the Firebag River in north-eastern Alberta. Imperial Oil and ExxonMobil jointly purchased UTS& working interest for C$250 million.
Property: LEASES 421,022 AND 023
(Complete Text of Nov 16, 2009 News Release)

\nOPTI CANADA INC.
\n Tuesday, November 17, 2009
\nOPTI Canada Inc announced today that it has entered into a definitive agreement to issue and sell US$425 million face value of 9.0% First Lien Senior Secured Notes due December 15, 2012 at a price of 97.0%, resulting in a yield to maturity of approximately 10.2%. The purpose of the private offering is to establish sufficient liquidity through the ramp-up period of the Long Lake Project and flexibility for the company to proceed with its previously announced review of strategic alternatives. A portion of the net proceeds will be used to repay OPTI’s existing revolving credit facility, with the remainder of the proceeds used to fund the Long Lake Project and for general corporate purposes. OPTI Canada Inc. is a Calgary, Alberta-based company with a 35% working interest in the Long Lake Project, which is operated by Nexen Inc. The project is expected to produce 58,500 bbl/d of products, primarily 39° API Premium Sweet Crude with low sulphur content,\nmaking it a highly desirable refinery feedstock.
Property: LONG LAKE (NEXEN/OPTI)
(Complete Text of Nov 16, 2009 News Release)

\nENERPLUS RESOURCES FUND
\n Friday, November 13, 2009
\nEnerplus Resources announced operating and financial results for the third quarter of 2009. Daily production averaged 90,111 BOE/day during the quarter and 93,184 BOE/day year-to-date. Cash flow from operations was $207.2 million, comparable to that of the second quarter of 2009.
(Complete Text of Nov 13, 2009 News Release)