Canyon Creek Oil & Gas, Inc.

Canyon Creek Oil & Gas Inc. ("CCOG"), a Nevada corporation, was formed in July 2005 for the purpose of acquiring certain currently producing oil and gas properties, low risk drilling prospects and existing oil and gas wells on properties in several locations in the State of Texas. CCOG holds the leases to approximately sixty (60) oil and gas wells located on more than 2,000 acres in North Texas. CCOG also holds leases on oil and gas properties located in Archer, Palo Pinto, Young, Victoria and Coleman County, Texas. CCOG is pursuing a revitalization program on some of its properties in order to improve production and profitability and to bring more wells on line. CCOG owns a 100% working interest in all the wells covered by its leases.