CANADIAN FORESIGHT GROUP PTE. LTD.

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CANADIAN FORESIGHT GROUP PTE. LTD. AUGUST 2014

Reader Advisories The information in this presentation contains certain forward-looking statements. All statements other than statements of historical fact may be forwardlooking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", plan", "continue", "estimate", "demonstrate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions and include statements relating to, among other things, the anticipated ongoing strategy of Canadian Foresight Group Pte. Ltd. (CFG) and CFG Energy Pte. Ltd. and development, drilling and acquisition opportunities and plans for CFG and the anticipated performance of CFG s properties. Such forward-looking statements or information is provided for the purpose of providing information about the current expectations and plans relating to CFG and its current and future oil and gas assets (the CFG Assets"). Readers are cautioned that such information may not be appropriate for other purposes, including making investment decisions. In particular, this document contains forward looking statements pertaining to: CFG s corporate areas of focus; CFG s capital raising plans; CFG s operational and development plans and the timing thereof; the quality and characteristics of the CFG Assets; expected performance in 2014 and beyond; the anticipated performance of the properties to be explored and developed and the timing of certain matters related thereto; CFG s capital budget requirements; the proposed fundraising, the price per share, the use of proceeds for such offering, the levels of participation of insiders in such offering and the timing of certain matters related thereto; the expected operational plans, including preparation, exploration, drilling and optimization activities, and the anticipated results therefrom; expected capital cost reductions; and matters ancillary or related to the foregoing list. In addition, please note that information relating to estimated reserves and resources are deemed to be forward-looking information, as it involves the implied assessment, based on certain estimates and assumptions that the reserves described can be economically produced in the future. The forward looking statements in this presentation are based on certain assumptions, including, without limitation: the quantity of reserves and resources associated with the CFG Assets; the oil and natural gas production levels of the CFG Assets; the quality and characteristics of the CFG Assets; the source of funding for CFG s activities including development costs; development and drilling plans for those CFG Assets and the timing of results thereof; projections of commodity prices and costs; supply and demand for oil; potential reserves and future production with respect to the CFG Assets, business strategy and objectives; exploration and drilling plans; the costs associated with and the timing in relation to drilling wells; the costs of leases; capital expenditures; operating and other costs; the timing of implementing certain operating techniques; royalty rates and taxes; expectations regarding the ability to raise capital and continually add to reserves through acquisition and development; the sources of and the uses of cash generated from the business of CFG ; and the treatment under governmental regulatory regimes, including with its quasi-governmental partner, MOGE. Readers are cautioned such assumptions, although considered reasonable at the time of preparation of the information in this presentation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Reader Advisories (Continued) CFG s actual results, performance or achievement could differ materially from those expressed in or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits CFG will derive therefrom. These statements involve substantial known and unknown risks and uncertainties, certain of which are beyond CFG s control, including: the impact of general economic conditions; industry conditions; changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced; fluctuations in commodity prices and foreign exchange and interest rates; stock market volatility and market valuations; liabilities inherent in oil and natural gas operations; uncertainties associated with estimating oil and natural gas reserves; competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel; incorrect assessments of the value of acquisitions; changes in income tax laws or changes in tax laws and incentive programs relating to the oil and gas industry; geological, technical, drilling and processing problems and other difficulties in producing petroleum reserves; ability to secure drilling and service equipment; and obtaining required approvals of regulatory authorities. CFG s actual decisions, activities, results, performance or achievement could differ materially from those expressed in, or implied by, such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do, what benefits that CFG will derive from them. Readers should be cautioned that the foregoing list is not exhaustive of all possible risks and uncertainties. These risk factors should not be construed as exhaustive. Any financial outlook or future oriented financial information in this presentation, as defined by applicable securities legislation, has been approved by management of CFG. Such financial outlook or future oriented financial information is provided for the purpose of providing information about management's reasonable expectations as to the anticipated results of its proposed business activities. Management of CFG believe that the expectations reflected in the forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included herein should not be unduly relied upon. These statements speak as of the date hereof. Except as required by law, CFG undertakes no obligation to publicly update or revise any forward-looking statements. The information contained in this presentation does not purport to be all inclusive or to contain all information that prospective investors may require. Prospective investors are encouraged to conduct their own analysis and reviews of CFG and the information contained in this presentation. Information in relation to the previous experience of CFG s management is not indicative of the future performance characteristics of CFG. Without limitation, prospective investors should consider the advice of their financial, legal, accounting, tax and other advisors and such other factors they consider in investigating and analyzing CFG.

About Us Canadian Foresight Group PTE. LTD. ( CFG ) was founded by a group of investors and key team members of various oil and gas companies operating in Canada and worldwide. CFG s experienced management team has extensive expertise in both onshore and offshore oil/gas exploration and development, particularly in Asia, with over 180 years of combined industry working experience. CFG was established to pursue international E&P opportunities in Asia. CFG has strong financing support from its existing share holders and financial institutions based in North America and Asia

Board of Directors Songning Shen- Mr. Shen is a professional geologist registered in Alberta, Canada. Mr. Shen is currently the CEO and director of Caiterra International Energy Corporation which is listed in the Toronto Stock Exchange Venture Exchange. He was a Co-founder, Co-Chairman and Director of Sunshine Oilsands Ltd., a company listed on the Hong Kong Stock Exchange and the Toronto Stock Exchange. Sunshine holds over 1.0 million acres of oilsands leases and has a resource base of 4.2 billion barrels. Mr. Shen holds a M.Sc. from the Norwegian University of Science and Technology. Kevin Flaherty- Mr. Flaherty, currently residing in Vietnam, is a managing director of Energy & Natural Resource Investments at Saigon Asset Management. He has spent his entire career working in the international energy and natural resource sector, and has been active in Southeast Asia for over 20 years. He co-founded two firms in Vietnam: Tiberon Minerals and Keeper Resources; both of which were subsequently acquired by Asian-based investment firms. Greg Turnbull- Mr. Turnbull is currently a senior partner at the Calgary office of McCarthy Tétrault LLP. He currently serves as a director of a large number of publicly listed oil and gas E&P companies, including Sunshine Oilsands Ltd., Crescent Point Energy Corp., Storm Exploration Inc., Heritage Oil plc, Hyperion Exploration Corp. and Marquee Energy Ltd. Raymond Fong -Mr. Fong has over 22 years of experience in the oil and gas industry. Mr. Fong was a director of China Coal Corporation from 2007 to 2012. He held previous directorships with Abenteuer Resources Ltd., Stealth Ventures Ltd., Zapata Capital Inc., director and president of Ultra Capital Inc. and a former director of United Rayore Gas Ltd. Ray is currently serving as a Director for Sunshine Oilsands Ltd.

Management Songning Shen - Chairman of the Board and Managing Director of CFG. Mr. Shen is currently the CEO and director of Caiterra International Energy Corporation. He was a Co-founder, Co-Chairman and Director of Sunshine Oilsands Ltd., a company listed on the Hong Kong Stock Exchange and the Toronto Stock Exchange. Sunshine holds over 1.0 million acres of oilsands leases and has a resource base of 4.2 billion barrels. Mr. Shen holds a M.Sc. from the Norwegian University of Science and Technology. Shan Li - Vice President of Finance. Ms. Li has been the Investment Manager of the Strategic Investment Division of the Bank of China Investment Group since 2010 and previously served as the Vice-President of BOCI Asia Limited. In both companies, she identified, developed, and maintained client relationships. She has been involved in numerous IPOs and major M&As transactions. Perla Woo - Vice President of Corporate Operations and Treasurer. Ms. Woo is the Vice-President of Caiterra International Energy Corporation. She was a Co-Founder of Sunshine Oilsands Ltd. and has been the Senior Vice President of Sunshine Oilsands from October 2007 to September 2008 and previously held the position of Vice President, Engineering. Ms. Woo has over 20 years experience working in the oil and gas industry in Canada in the fields of reservoir engineering, exploitation, and pressure transient analysis. Richard W. Pawluk - Corporate Secretary. Mr. Pawluk has been a partner of the law firm of McCarthy Tétrault LLP since 2003. He has worked for the law firms Donahue LLP and Code Hunter LLP. He has acted for a number of private and publicly traded oil and gas exploration and production companies with assets in Canada, the United States of America, Egypt, Pakistan, Albania, Portugal, Columbia and Turkey, advising on all types of domestic and international financing and acquisition. Kyaw Moe - Special Representative of CFG to Myanmar. Mr. Kyaw Moe is Founder and CEO of Asia Network Service Inc., a company providing business consulting service and trading with South East Asia Countries including China. Kyaw Moe has about 15 years of media and communication working experience in both corporate and radio station including Voice of America (VOA) radio.

CFG s Myanmar Activities CFG participated in Myanmar s Nov. 2013 offshore bidding round along with Transcontinental Resource Group (TRG) and Myanmar s KMA Group. Under the terms of the bidding agreement, TRG will be carried through the seismic program after which it needs to elect to participate for a 10% interest or convert to a 0.33% gross overriding royalty. KMA will receive a10% carried interest through the exploration program. CFG and TRG were awarded Shallow Offshore Block M-15 on March 2014. Under the terms of joint bid, CFG will undertake a seismic program and drill two wells.

Company Asset in Myanmar Owns the operation right of block M-15 covers 13,480 sq. km. Estimated P50 Recoverable 16.1 TCF Block M-15 is located in the Andaman Sea, within the Tanintharyi Offshore basin, which is off Myanmar s southern Tanintharyi coast. One of the biggest offshore gas fields in Myanmar, Yetagun gas field, is located 60 km to the north of M-15. The Yetagun field contains an estimated 4.2 TCF of recoverable gas. Daily production is about 400 MMSCFD with 12,000 bbl/day condensate According to regional magnetic information, M-15 is located at the Transgression/regression channel area from Eocene to Miocene age. Both Clastic and Carbonate reservoirs are prospective targets within this block. One well, M15-B1, was drilled in January 2005. The well was drilled to 3,440 ft and abandoned. An evaluation of the data by in-house geologist has led to the determination that the well was drilled too shallow Approximately 1,753 km of 2D-seismic has been acquired. Previous geophysical and geological work had identified several prospects with potential from 1 TCF to 5 TCF gas and indicate significant structural and stratigraphic traps. Additional 2D and 3D seismic work are required to identify the most promising closures

Myanmar s Awarded Offshore Blocks

Myanmar s Offshore 2014 Bid Results Blocks Selected Candidates Shallow Water Blocks A 4 Woodside & BG Group A 5 Chevron A 7 Woodside & BG Group M 4 Oil India & Mercator Petroleum & Oilmax Energy M 7 ROC Oil & Tap Oil M 8 Berlanga Holding M 15 Canadian Foresight Group & Transcontinental Group & Local Partner M 17 Reliance Industries M 18 Reliance Industries YEB Oil India & Mercator Petroleum & Oilmax Energy Deep Water Blocks AD 2 Woodside & BG Group AD 3 Ophir Energy AD 5 Woodside & BG Group AD 9 Shell AD 10 Statoil & ConocoPhillips AD 11 Shell MD 2 ENI MD 4 ENI MD 5 Shell YWB Total

M-15 Offshore Block

M-15 P50 IGIP and location 16.1 * Calculation of IGIP from a third party technical report

IGIP Calculation for Block M15

Surrounding Infrastructure and Projects

Major Offshore Gas Projects(1) YADANA GAS PROJECT Proved gas reserves of 6.5 TCF.* Started operating in 1998. Average gas production is 653 MMSCFD for 2014 Q1.** 17 wells in total are connected to 3 platforms. Located in blocks M5 and M6 with an area of 26,140 sq. km. Operated by Total and partnered with PTTEP, Myanmar Unocal, and MOGE Gas exported from gas field to Thailand Vinci-uk.com (Photo) There are a number of discovered gas fields being developed in these blocks that are prospective. *Myanma Oil and Gas Enterprise, a Ministry of Oil and Gas Enterprise slide, July 2011 ** www.pttep.com/en

Major Offshore Gas Projects (2) ZAWTIKA GAS PROJECT Gas reserves of 1.4 TCF with targeted production of 300-400 MMSCFD.* First gas production was in February 2014. 35 wells in total are connected to 3 platforms. Located in block M9 and small NE part of M11 with an area of 11,746 sq. km. Zawtika, Gawthaka, and Kakonna gas fields were discovered in 2007. Operated by Thai state-owned enterprise PTTEP (80%) and partnered with MOGE (20%). 2/3 of gas exported to Thailand and the rest is for Myanmar s domestic use Seaoffshore.org (Photo) *PSC in Myanmar Upstream Oil and Gas Industry. Presentation by Mr. Htin Aung of Energy Planning Department on March 28, 2012

Major Offshore Gas Projects (3) Offshore Energy.com (Photo) YETAGUN GAS PROJECT Proved gas reserves of 4.16 TCF* with 2014 Q1 production of 313 MMSCFD and liquids condensate of 7251 bbl./d.** One platform with 10 wells. Located in blocks M12, M13, and M14 within an area of 24,130 sq. km. Operated by Petronas and partnered with PTTEP, Nippon, Mitshubishi, MOGE (10 wells). Production started in April 2000. *Myanma Oil and Gas Enterprise, a Ministry of Oil and Gas Enterprise slide, July 2011 ** www.pttep.com/en

Major Offshore Gas Projects (4) SHWE GAS PROJECT Gas reserves of 4.5 TCF with production of 500 MMSCFD.* Located in blocks A1 and A3, in the Rakhine offshore. It has 11 wells on the platform and 4 wells in the subsea wellhead. Operated by Daewoo and partnered with ONG, GAIL, KOGAS, and MOGE Export of gas to China started in 2013 *PSC in Myanmar Upstream Oil & Gas Industry. Presented by Mr. Htin Aung of Energy Planning Department on March 28, 2012 * The Korea Herald, July 7, 2013 (Photo)

Major Pipelines - Myanmar to China The gas pipeline from Myanmar to China carries the gas extracted from Shwe gas project located offshore of the Bay of Bengal. The crude oil pipeline is designed to carry approximately 22 million tonnes of oil per year. The design capacity of the natural gas pipeline is 13 Bm³. It is expected to deliver 12 Bm³ of gas to China every year, while reserving1bm³ of gas for Myanmar's domestic use.* *Myanmar-China Pipelines, China www.hydrocarbons-technology.com * Reuters (Photo)

Major Pipelines - Myanmar to Thailand Gas extracted from the Yetagun project started flowing to Thailand in 2000 at about 200 mmcfd. In August 2004, this figure doubled after four new wells went online. With the new wells, overall production climbed to 500 MMSCFD, with 400 MMSCFD exported to Thailand. The offshore Yadana gas project, where Total is the operator of the project, exports 600 MMSCFD to Thailand. About 200 MMSCFD are used to meet Myanmar s domestic needs. total.com (map)

About CFG and Work Programs

Company Structure Shares outstanding: 145.5 million shares Capital raising: Planning to raise US$30 million by 3Q 2014 at $0.50/share Backing from major institutions and investors from Asia and North America

CFG Work Programme Initial fundraise 3 rd Q 2014 Set up local Myanmar office and hire office staff 3 rd Q 2014 Prepare Environmental and Social Impact Studies - 4 th Q 2014 to 1 st Q 2015 Reprocess previously acquired seismic and plan for a 3-D seismic program - 2015 Conduct initial geological and reservoir evaluation of existing data as well as review well information from previously drilled location to identify potential reservoir structures 2015 Drill Initial well 2016

Additional information Bank: Royal Bank of Canada, DBS Legal Firm: McCarthy Tétrault LLP, DFDL Legal & Tax Accounting and audit firm: MNP Engineering: To be engaged

Contact Information SONGNING SHEN Chairman of the Board and Managing Director Canadian Foresight Group PTE. LTD. Mobile: 1-403-875-2129 Email: snshen@gmail.com Suite 4000, 421-7 th Avenue SW Calgary, AB Canada T2P 4K9 KEVIN FLAHERTY Executive Director Canadian Foresight Group PTE. LTD. Mobile: +84 978 706 255 Email: kevin.flaherty@saigonam.com TMS Building, 12th Floor 172 Hai BaTrung Street, District 1 Ho Chi Minh City, Vietnam Telephone: +84-8-54043488

Attachment Myanmar Opportunities

Opportunities in Myanmar Major strategic and potential location for regional trade and transport hub Richly endowed with natural resources Large and relatively young population Rich cultural heritage http://assistamerica.countrywatch.com/rcountry.aspx? vcountry=28 (map) Strong economic growth potential

Excerpts from News on Myanmar Thailand s biggest oil and gas company PTT Exploration and Production (PTTEP) announced on Tuesday that it will invest US$3.3 billion in Burma over five years. The Irrawady (February 25, 2014 edition) Myanmar's government envisions development of the project chipping away at the dominance of ports along the Strait of Malacca such as Singapore's Keppel port, the world's busiest and marking Myanmar's place on major shipping routes, given its strategic location between India and China. (The Wall Street Journal Myanmar Envisions Trading Hub at Deep-Sea Port by Shabani Mahtani - May 20, 2014) The Organisation for Economic Co-operation and Development (OECD) recently reported, Myanmar is well positioned to engage a multi-pronged development strategy that draws on agriculture, mining, and extraction, manufacturing, and services. The Asian Development Bank notes that Myanmar could grow at 7 to 8% per year for a decade or more. (Industry Week - July 14, 2014 ) The economic and financial transformation underway is real and it is rapid. (Interview with Singapore s United Overseas Bank Managing Director Ian Wong on the bank s branch opening in Myanmar (The Irrawady - June 2, 2014 edition)

Reason to Invest in O & G Exploration Multi-TCF potential of under-explored offshore blocks Myanmar is still considered a frontier exploration country with an estimated 3.2 billion barrels of recoverable oil out of an estimated 540 billion barrels of oil in place and 20 TCF of proven gas reserves out of estimated 100 TCF initial gas in place. * Myanmar s domestic gas demand is increasing and energy security is a concern. There is robust domestic gas demand from neighboring countries such as Thailand, China and India. Myanmar s 2012-2013 exported gas receipts amounted to $3.7 billion dollars, mainly to Thailand. Infrastructure for oil and gas delivery has already been built. *From a presentation of Myanma Oil & Gas Enterprise Presented by Mr. Than Tun entitled Introduction to Oil & Gas Exploration in Myanmar Offshore July 2013

Meeting with Ministry of Energy Minister