COMPANY PROFILE

Chapman Petroleum Engineering Ltd. founded in 1985, is a Canadian consulting firm providing comprehensive petroleum engineering, geological and geophysical and management services covering the full spectrum of the oil & gas industry, domestically and internationally.

Our Services include reserve and economic evaluations and resource assessments, acquisition analyses, specialized technical studies, property exploitation and resource management, and representation for regulatory and legal purposes.

The Key Professionals at Chapman each have from 25 to 40 years of broadly diversified experience in the oil & gas industry, domestically and internationally. They are Qualified Reserve Evaluators and Auditors under Canadian Securities Regulation Nl 51-101.

INTERNATIONAL PROJECTS

Chapman has extensive international project experience, covering many of the
oil and gas basins of the world, enhanced by the broad international background of
our key professionals.

ASSOCIATED COMPANIES

Caspian Integrated Technologies LLP (CIT) is a joint venture engineering consulting firm owned 50/50 by Chapman Petroleum Engineering Ltd. and Caspian Energy Research LLP, an active Kazakhstan consulting firm located in Atyrau, RoK.

TransAction Oil & Gas Ventures Inc. is a project management company, which operates drilling ventures and oil and gas production in the Western Canadian Provinces.

ChapneTTT Systems Ltd. has been established to offer a network of "Training and Technnology Transfer" to the oil & gas industry around the world.