<h2>
	Brion Energy:&nbsp;On Track to Producing 400,000 Barrels Per Day</h2>
<p>
	Our team&rsquo;s focus and motivation has kept us growing production at an unprecedented rate. We began our operations with a small team of experts who had bold aspirations: to move rapidly into production and to build quickly toward a target of 400,000 barrels per day (bbl/d). We have taken an enthusiastic, yet methodical approach, never losing sight of our target. With approvals for 150,000 bbl/d well in hand, we are pushing ahead to 400,000 bbl/d.</p>
<p>
	In our MacKay River Commercial Project, we expect to produce 150,000 bbl/d of bitumen; and in our Dover Commercial Project, we are targeting production of up to 250,000 bbl/d.</p>
<h2 style="clear: both">
	MacKay River Commercial Project (MRCP)</h2>
<p>
	<a name="mackay"></a>In December 2011, Brion Energy (formerly Dover Operating Corp.) received regulatory approval for the MRCP. Project construction on our first phase, which will produce 35,000 bbl/d is underway. With an ultimate design capacity of 150,000 bbl/d, the project is expected to recover 1.7 billion barrels of bitumen over its projected 45-year lifespan.</p>
<p>
	Located in northeast Alberta&rsquo;s Regional Municipality of Wood Buffalo about 30 kilometers northwest of Fort McMurray, the MRCP is being developed with a four-phase construction strategy:</p>
<ul>
	<li>
		Phase 1: 35,000 bbl/d&nbsp;</li>
	<li>
		Phase 2: 40,000 bbl/d&nbsp;</li>
	<li>
		Phase 3: 40,000 bbl/d&nbsp;</li>
	<li>
		Phase 4: 35,000 bbl/d&nbsp;</li>
</ul>
<p>
	For MRCP, Brion Energy is using steam assisted gravity drainage (SAGD)&mdash;an enhanced, environmentally sensible thermal recovery technology for bitumen.</p>
<h2>
	Dover Commercial Project (DCP)</h2>
<p>
	<a name="dcp"></a>Our second project is located approximately 95 kilometers northwest of Fort McMurray. Like the MRCP, the DCP will utilize SAGD technology and a phased construction strategy with an ultimate design production capacity of 250,000 bbl/d of bitumen.</p>
<p>
	The larger of Brion Energy&rsquo;s two projects, the DCP will recover an estimated four billion barrels of bitumen over its projected production lifetime of 50 years.</p>
<p>
	The DCP received regulatory approval in April 2014.</p>
<p>
	&nbsp;</p>
