INVESTMENT PORTFOLIO

GUYANA - SURINAME BASIN

Westmount Energy Ltd. is focused on investing in the prolific Guyana-Suriname Basin, which is considered to be a major emerging hydrocarbon province. Between May 2015 and May 2020 the basin has delivered 20 significant discoveries with 18 of these discoveries, and reported discovered recoverable resources in excess of 8 billion oil-equivalent barrels, attributable to the ExxonMobil operated, Stabroek Block, offshore Guyana. Westmount has invested in 4 companies which have participating interests in 3 blocks (Canje, Kaieteur and Orinduik Blocks) immediately adjacent to the Stabroek Block. These 3 blocks, in combination with Block 47 offshore Suriname, contain a substantial inventory of independent Cretaceous prospects which offers risk diversification and a portfolio effect with the scheduled multi-well drilling campaign over the next 12 months.

See map with highlighted blocks and location of Westmount Energy’s indirect interests via these 4 investments.

 

JHI Associates Inc.

The Company has invested in JHI Associates Inc. (“JHI”) a private Canadian oil exploration company with a 17.5% participating interest in the Canje Block, offshore Guyana. Further information on JHI and its operations may be found via its website

www.jhiassociates.com

Cataleya Energy Corporation

The Company has invested in Cataleya Energy Corporation (“CEC”) a private Canadian oil exploration company with a 25% participating interest in the Kaieteur Block, offshore Guyana.

Ratio Petroleum Energy – Limited Partnership

The Company has invested in Ratio Petroleum Energy LP (“Ratio Pet.”) which is listed on the Tel Aviv Stock Exchange (Ticker: RTPT.L). Ratio Pet. has a 25% participating interest in the Kaieteur Block, offshore Guyana, and a 20% participating interest in Block 47, offshore Suriname. Further information on Ratio Pet., and its operations, may be found via its website

www.ratiopetroleum.com

Eco (Atlantic) Oil and Gas Ltd.

The Company has invested in Eco (Atlantic) Oil and Gas Ltd. (“ECO”)  a public company listed on AIM on the London Stock Exchange (Ticker: ECO.L). ECO has a 15% participating interest in the Orinduik Block, offshore Guyana. Further information on ECO and its operations may be found via its website

www.ecooilandgas.com