Prix Westmount Energy Limited (WMELF)

Westmount Energy Ltd. is an energy investment holding company, which engages in the provision of seed capital to small companies that are identified as having significant growth possibilities. Its investment strategy is to invest in and provide follow on capital to small and medium sized companies that have significant growth possibilities. The company is focused on investing in the prolific Guyana-Suriname Basin, which is an emerging hydrocarbon province. The company has invested in four companies: JHI Associates Inc. (JHI), Cataleya Energy Corporation (CEC), Ratio Petroleum Energy - Limited Partnership and Eco (Atlantic) Oil and Gas Ltd. These companies have interests in three blocks, Canje, Kaieteur and Orinduik Blocks immediately adjacent to the Stabroek Block. These three blocks, in combination with Block 47 offshore Suriname, contain a substantial inventory of independent Cretaceous prospects. JHI is a Canadian oil exploration company with a 17.5% participating interest in the Canje Block, offshore Guyana. CEC is a Canadian oil exploration company with a 25% participating interest in the Kaieteur Block, offshore Guyana.