JFEC's Freehold Fairway

Just Freehold's drilling programs are focused on low risk natural gas and oil prospects in areas with established and underutilized gas gathering and processing infrastructure. As shown on the map to the right there is a concentration of freehold lands in central Alberta that have such access to infractructure and are also high quality multi-zone drilling prospects.

While JFEC's wells stand on their in terms of generating positive returns, JFEC has begun to establish "core" areas within which facilities and operations can be optimized. Expertise gained from drilling and producing in these specific areas enables JFEC to more agressively pursue leasing in-fill lands".

Shown below are maps of four of JFEC key ares.

Shown at the bottom of this page is a map of freehold lands in southern Alberta - demonstrating the significant growth opportunity remaining.

Red Deer-Joffre

Gilby

             

Ponoka-Lacombe

             

Ferrybank-Nelson

             

Bittern Lake

             

Kelsey-Dorenlee

               

Future Leasing Opportunity (Continued JFEC Growth)

Just Freehold Energy has committed to using the new freeholder-friendly lease agreement developed by the Freehold Owners Association (FHOA) in all freehold leasing situations. The concepts of honesty, respect and good faith which underlie the FHOA Lease are fundamental to JFECs operating philosophy. As of August 2009, freehold owners have invited JFEC to lease more than 150,000 acres. JFEC has now leased, optioned and purchased more than 25,000 acres of freehold mineral rights, representing in excess of 90 drilling locations. Word of the freeholder-friendly FHOA Lease and JFECs willingness to use it is spreading and new leasing opportunities are being presented to JFEC daily.