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CORPORATE OVERVIE

MIDSTREAM CANADA LTD.CREATING VALUE

CONFIDENTIAL TO QUALIFYING

ACCREDITED AND SOPHISTICATED INVESTORS

DISCLAIMER: This presentation (the “Presentation”) in respect of Midstream Canada Ltd. (“MCL” or the “Company”) and its financial plans has been prepared by the Company solely for use by qualified exempt investors to assist in their evaluating the Company.

Nothing in this report is, or should be relied on as, a promise or representation, as to the future. All discussions about future events and expectations are speculative and merely management’s belief in that future based upon their reasonable knowledge and limited experience to date. In furnishing this Presentation, neither MCL, nor any of its affiliates undertake to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies therein which may become apparent. This Presentation is confidential to the recipient and his advisers. It and any further confidential information made available to the prospective investor must be held in complete confidence and documents containing such information may not be used or disclosed without prior written consent of the Company.

Prospective investors should not construe the contents of this Presentation as investment, legal, business, accounting, tax or other advice. In making an investment decision, prospective investors must rely on their own examination of MCL and the terms of the offering, including the merits and risks involved. The Company is a start-up company with all the risks inherent and management’s experience is limited and unproven in this endeavour. Each prospective Investor should consult his own attorneys, business advisers and/or tax advisers as to legal, business, accounting, tax and related matters concerning this offering. An investment in MCL involves significant risks. Investors should have the financial ability and willingness to accept the risk characteristics of an investment in MCL including the risk of losing the entirety of their investment.

NOTICE TO READER: The information contained herein is confidential and is intended only for the user or the person to whom it is directly given by a director or officer of MCL. Neither the plan nor any part of it may be copied, disclosed or transferred without express written consent of MCL.

MIDSTREAM CANADA LTD. (MCL)

INTRODUCTION

Opportunity

Vision

Execution Plan

Project Metrics

Repeatable Business Model

PROJECTS

Projects In Development

Projects for Development

Project for Execution – Gas Plant

Description

Assumptions

Pro-forma

EXPERIENCE

Management Team

Strategic Relationships

APPENDIX

Finance

Capital Schedule

Capital Structure

Development Plan

Foothills Gas Development

North Coleman, Savanna Creek, Sullivan Creek

Gas Plant

Methanol Facility

Demand

Process / Technology

Project Description

Potential Locations

Compared to Liquefied Natural Gas (LNG)

Strategic Relationships

BSG Engineering

3

OPPORTUNITY

Current commodity market for oil and gas products has created extreme pressure on Producers to de-risk balance sheet, de-leverage debt ratio; a forced sale of assets, both resource and facilities

Traditional facility transactions will not create sufficient capital for Producers

Need for more than just a “Midstream Company”

Non-traditional midstream option for Producer exit

“New” and “Traditional” approach to Midstream/Resource relationship

Application of seasoned team with experience in

Midstream

Upstream resource development

Facility and Upstream Operations

Facility Design and Construction

“Energy Value Chain” Business Development

4

VISION

Repeatable Investments:

Strong EBITDA from infrastructure

Disciplined “Key Project Metrics”

Multi-year growth plan and deal flow

Multi-Billion dollar Market Cap

Numerous small to medium size projects

Multiple Commodity Markets

Price to Earnings Ratio for Infrastructure Companies > 10

5

Large CapEnterprise Product Partners

17.35

Kinder Morgan

36.49

Spectra Energy

19.1

Ultrapar Participacoes

17.26

Plains Midstream

17.2

Mid CAPMartin Midstream Partners

34

Valero Energy Partners

23.9

NGL Energy Partners

33

Philips 66 Partners

27.2

Semgroup Corp

31.2

Small CAPBluenight Energy Partners

18.0

Delek Logistics Partners

11.9

Par Pete Corp

12.0

Transmontaign Partners

11.6

World Point Terminals

13.8

Methanol/UreaMethanex

29.9

Methanol Chemicals Co.

30.0

*Price to Earnings ratio (P/E

for illustration only

EXECUTION PLAN

New & Traditional approach to Midstream/Resource relationship

New

To Purchase existing brownfield facilities

To take resources as the current and future fee to allow Producers to white map an area

Current commodity prices offer limited exposure to further resource write-down

Midstream Canada’s resource ownership positioned for resource value appreciation

Traditional

To help Producers monetize assets into fee for service business

To provide mezzanine financing and Cost-of-Service models

To target expansion into other low-risk energy opportunities

To de-risk full cycle hydrocarbon resource economics

Over riding objective

Long-term win-win relationship/partnership Producer to provide menu of financial

leveraging products

Arms length and independent commercial relationship, yet symbiotic

Low risk investment with growth opportunity

6

PROJECT METRICS

Pro Forma

18-22% Internal rate of Return (IRR)

15+ year project life cycle

Sustainable at low commodity price

Oil price WTI $40 USD / bbl

Gas price AECO $2.25 CDN / MMBtu

Located in Western Canada

Working Experience & Relationships

Talent Pool

Geo-Political Environment

Canadian dollar

7

REPEATABLE BUSINESS MODEL

Acquisitions based on 3 – 5 x Net Operating Income

Sound Economics

Expandable Facilities

Low commodity prices allow

Active deal flow

Cash flow positive opportunities

Project execution

Upside opportunity projects on new acquisitions

Sustainable revenue

Higher commodity prices means increased IRR than anticipated

Utilize progressive hedging which removes price volatility,

provides predictable and bankable revenue stream.

8

PROJECTS IN DEVELOPMENT9

Facility Location

Capacity

(MMScfd /

kbpd)

Current

(MMScfd /

kbpd)

Capital

(MM$ CDN)

EBITDA

(MM$ CDN)

Per yearStatus

Gas Plant Alberta 91 21 15 6.5 Operating

Gas Plant Alberta 23 0 ->23 44 8 Brown Field

Gas Plant Alberta 12 0->12 22 5 Brown Field

Gas Plant Alberta 25 0->25 48 9 Brown Field

Gas Plant Alberta 125 59 ->125 240 46 Operating

Gas Plant Alberta 273 120 267 53 Operating

Gas Plant Alberta 286 135 234 47 Operating

Battery Alberta 18 1 10 3 Operating

Methanol TBC–AB/BC/SK 67 67 495 126 Producing / Brown Field

Methanol/Urea TBC–AB/BC/SK 67 67 455 126 Producing / Brown Field

Total 969 417 1,830 418

*Data is in development phase, Battery not included in Total and Current Capacity

BOARD OF DIRECTORS

Neeky Noor-Ali, P.Eng., President, Director

B.Sc. Mechanical Engineering, University of Calgary

20+years experience

Founder and President of BSG Engineering – EPC on over $500

million Surface Facilities projects in just over 7 years

Founder of Bitumen Energy – Heavy Oil Technology Solutions

Ben VanRootselaar, P.Eng. Vice President Engineering, Director

B.Sc. Mechanical Engineering, University of Alberta

35+ years experience

Development Engineer Talisman Midstream

Vice President Engineering Trafina Energy

Vice President Operations Tornado Resources

Senior Engineer Gas Department and Sothern Production Supervisor,

Reservoir Engineer, Joint Venture Coordinator Dome Petroleum

Tom Scott, Lawyer, Director

Bachelor of Laws, University of Manitoba

35+ years experience as a Corporate Lawyer in the Oil and Gas

Industry

Sujit Sarkar, P.Eng., Senior Vice President, Director

B.Sc. Mechanical Engineering, University of Newcastle-Upon Tyne

M.Sc. Material Engineering, Council of National Academic Awards


Founder and President of ACS Engineering

Technical Director of Process & Mechanical for Fluor Daniel

10

MANAGEMENT TEAM

Neeky Noor-Ali, P.Eng., President, Director

B.Sc. Mechanical Engineering, University of Calgary

20+years experience

Founder and President of BSG Engineering – EPC on over $500 million Surface Facilities projects

in just over 7 years

Founder of Bitumen Energy – Heavy Oil Technology Solutions

Sujit Sarkar, P.Eng., Senior Vice President

B.Sc. Mechanical Engineering, University of Newcastle-Upon Tyne

M.Sc. Material Engineering, Council of National Academic Awards


Founder and President of ACS Engineering

Technical Director of Process & Mechanical for Fluor Daniel

Doug Campbell, Corporate Secratary

Bachelor of Laws (cum laude), University of Ottawa

B.Sc. Biology, University of Calgary


Independent Contractor in the Legal, Joint Venture, Land and Supply Chain

Randy Boyd, CPA, CGA, Vice President Finance

B. Comm., University of Windsor


Chief Financial Officer, Master Energy

Chief FInancial Officer, Various Junior Private / Public Companies

Vice President Investor Relations, Chieftain International

Ben VanRootselaar, P.Eng. Vice President Engineering

B.Sc. Mechanical Engineering, University of Alberta


Development Engineer Talisman Midstream

Vice President Engineering Trafina Energy

Vice President Operations Tornado Resources

Senior Engineer Gas Department and Sothern Production Supervisor, Reservoir Engineer, Joint

Venture Coordinator Dome Petroleum

Jeff Johnston, Vice President Operations

B.Sc. Petroleum Engineering, University of Alberta


VP Operations Beaumont Energy Inc.

VP Operations Pipe Resources Inc.

Production Manager Zargon Oil & Gas

Tony Kuehne, Vice President Business Development

B. Ma. Economics, University of Lethbridge


VP Gas Marketing and Business Development Quicksilver Canada

Team Leader Strategic Development, Talisman Energy

Director Business Development/Transmission AltaGas

11

SUMMARY

Opportunity

Low Commodity Prices

De-Risk Full Cycle Hydrocarbon Resource Economics

Vision

Multi-billion dollar Market Cap Potential

Business Plan

Starter Kit with Immediate Cash Flow i.e. Return on Investment

Steady growth with repeatable business model

Experienced Team

Business Development

Finance

Engineering & Operations

12

Contact Information

Nèeky Noor-Ali, P.Eng., President

Tel: 403-630-4148

Email: [email protected]

Address:

400, 909 17 Avenue SW

Calgary, Alberta

T2T 0A4

13

mailto:[email protected]

APPENDIX


APPENDIX - FINANCE


APPENDIX - DEVELOPMENT PLAN


APPENDIX – FOOTHILLS


APPENDIX – METHANOL


APPENDIX – Strategic Relationships


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