2009-08-11-2008-02-01-2008-02-01

Entered farm-in to participate in well in Abee on LSD 2-7-62-22W4 on Crown lease. To contribute 20% capital costs, complete well for undivided 20% WI before payout subject to 15% gross ORRI. After payout, WI may be reduced to 12%. Rolland to earn 640 gross acres at completion.

Rolland Energy Inc., Montreal, (Toronto Venture: ROE) has signed a farm-in agreement to participate in a well in east-central Alberta with Exceed Energy Corp., Calgary (Toronto Venture: EX). The well is at Abee on LSD 2-7-62-22W4 on a Crown lease. The drilling is completed and casing is set at 843 meters. Rolland will contribute 20% of capital costs and complete the well for an undivided 20% working interest before payout subject to a 15% gross overriding royalty. After payout, the working interest may be reduced to 12% upon conversion of the gross overriding royalty. Rolland will earn 640 gross acres upon completion.