Lotta Coal Inc. (“the Company”) is a publicly traded oil and gas company that has targeted three core areas of oil and gas development in Alberta. Its short-term strategy has been to target and acquire large blocks of land in the Western Canadian Sedimentary Basin, to secure its medium to long-term growth through development of those lands. To date the Company has acquired three subsidiaries, each of which has current agreements and land positions in place for properties in these core areas. Two of the three properties have multiple zones or exploration plays, and comprise a mix of low and high impact oil and gas prospects.



In addition to its property holdings, the Company has assembled a Board of Directors and management team comprising industry and other professionals, which provide an exciting mix of experience and energy, to develop exploration and exploitations strategies for its lands.

The Company’s development strategy is to retain a large working interest in the majority of its properties, and it will assume operatorship wherever possible. At the same time the Company has targeted certain key technical areas in which it will have a working interest with a partner that has the technical expertise and infrastructure in that particular area or formation.

To enhance its immediate position, the Company is reviewing certain opportunities to acquire producing properties. The Company is committed to pursue acquisition of one or more of these strategically attractive opportunities in the event they can be acquired on commercially reasonable terms, having regard to the Company’s overall strategy.

The Company's short-medium term production target of 2,000 BOE/day from its existing land base, and it considers it is achievable through a three-phase acquisition, exploration and development plan.

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