accelerated drilling program, page-6

Using AUT's recent drilling sceduale i have calculated EKA's CY end production and revenue.

Calculation Metrics -
- One net well drilled and on production every 3 months.
- Same decline curve used by AUT.
- 28 days of production each month for each well, or 336 days of production a year.
- Declines taken into account for existing production.
- Oil Pirce $90, 336 days a year

Total net production results for the year -
2012 Wells - 450,240 boe
Existing wells - 120,960 boe

Total = 571,200 boe

- Or exit production rate 2012 of = 2,110 boepd

- Net of royalty exit production rate 2012 = 1,582 boepd

- 2012 average production rate = 1564 Boepd

- 2012 average production rate net of royalty = 1173 boepd


Net of royalty EBITDAX for the 2012 year = $35,471,520



:Note these figures do not take into account any future production from EKA's other projects.