The Strachan Property 2-22-38-9W5

On August 20, 2003, the Company entered into a purchase agreement to acquire 1% interest in a producing gas well, located at 2-2-38-9W5 Red Deer, Alberta, Canada. The gas production rate at the time of the acquisition fluctuated between 1.5 and 2 MMCF/Day (million cubic feet of gas per day). The Company’s senior management has set out a rework program for this well. The rework program calls for an acid wash and acid stimulation of the producing formation. The Company has agreed to participate in the program. The program was completed on October 15, 2003 and as of October 20, 2003, the new production rates have stabilized at 2.66 MMCF/Day, representing a 40% increase over initial production rates.

In addition to the preceding acquisition, the Company entered into a purchase agreement to acquire 0.5% interest in 10 Sections (6,400 acres) of drilling rights offsetting Sct. 22-38-9W-5. These offsetting sections have identified seismic anomalies in multiple cretaceous pay zones. The purchase price of the property was $45,114.

The Strachan Prospect 9-39-9-W5 On September 23, 2005 Turner Valley Oil and Gas Inc. through its wholly owned subsidiary TV Oil and Gas Canada Limited, has entered into a farm-out agreement with Odin Capital Inc. of Calgary, Alberta.

The terms of the Farm-Out agreement are as follows:

In exchange for our paying 3.00% of all costs associated with drilling, testing and completing the test well (expected drilling cost - approx. $6.3 million Canadian to the 100% interest) on the property that is referred to as the Leduc Formation test well, we will have earned;

1.) In the spacing unit for the Earning Well, a 1.500% interest in the petroleum and natural gas below the base of the Mannville excluding natural gas in the Leduc formation, and a 3.00% interest in the natural gas in the Leduc formation before payout subject to payment of an Overriding Royalty which is convertible upon payout at the Royalty Owners option to 50% of our interest.

2.) A 1.200% interest in the rights below the base line of the Shunda formation in Section 10,Township 38, Range 9W5M

3.) A 0.966% interest in the rights below the base of the Shunda formation in sections 15 & 16,Township 38,Range 9W5M, down to the base of the deepest formation penetrated.

Land Maps We have included two land maps. The first shows the original lands that Win Energy controlled in June 2004 when we raised our initial financing with Jennings Capital Inc. The second map shows all the lands that Win Energy currently owns or has options to drill and earn.

Todd Creek

WIN Energy owns 8,963 gross acres with options on 11,676 gross acres. This land spread represents effective control within WIN?s interpreted limits of this new gas pool. The following three wells have been drilled;

6-33-9-2W5

Win owns 82.5% of 6-33-9-2W5, which has been estimated by a third party to have potential initial production of 100 BOE/Day. This well has been completed for production. WIN Energy is the operator of this well.

7-16-9-2W5

Win drilled a second well 7-16-9-2W5 located 3 miles south of the 6-33-9-2W5 discovery well and WIN has a 75% interest in this well. At this time this well has been suspended pending deepening of the well. WIN Energy is the operator of this well.

13-28-9-2W5

13-28-9-2W5 is located immediately south of 6-33-9-2W5 and WIN has a 75% interest. This well has been classified as a potential gas well and has been cased and is being tested. This well is subject to tight-hole status. WIN Energy is the operator of this well. Cowley (North, Central, South) At Cowley, WIN owns 6,218 gross acres and has the right to earn an additional 22,711 acres through drilling of farm-in wells. This land spread represents effective control within Win?s interpreted limits of this new gas pool. The following four wells have been drilled or are being drilled:

7-29-8-1W5

Win holds a 50% interest in this well, which has been cased and is subject to tight hole-status. Petro-Canada is the operator of this well.

1-29-7-1W5

Win has the right to earn a 40% interest in section 29-7-1W5 which section is immediately north of the 6-20-7-1W5 discovery well. 6-20-7-1W5 came off tight hole status and WIN?s internal economic evaluations indicate a potential initial production rate of 1,000 BOE/Day. The 1-29-7-1W5 well has been cased and is subject to tight hole status. Petro-Canada is the operator of this well.

10-17-7-1W5

Win has a right to earn a 75% interest in section 17-7-1W5, which is located immediately south of the discovery at 6-20-7-1W5. This has been cased and is subject to tight hole-status. WIN Energy is the operator of this well.

13-9-8-1W5

Win has the right to earn a 100% interest in section 9-8-1W5 has been cased and is subject to tight hole-status. WIN Energy is the operator of this well.

PINCHER / HILLSPRINGS

At Pincher Creek and Hillspring WIN has acquired interests in excess of 3,804 gross acres located on two separate Triangle structures. In 2003 a major company drilled and cased three potential gas wells on the Hillspring structure. WIN has a 35% pooled interest with the major company in one key section offsetting these key wells. Plans are underway to drill a joint well on this lease with the major company as operator. Furthermore WIN has acreage representation on another untested Triangle structure near the town of Pincher Creek with the same potential as Cowley.