MNP Insolvency

MNP CORPORATE ENGAGEMENTS

Driftwood Resources Ltd. and Green Point Resources Ltd.

On June 25, 2009, Meyers Norris Penny Limited was appointed Receiver and Manager of Driftwood Resources Ltd ("Driftwood") and Green Point Resources Ltd ("Green Point") by the Court of Queen's Bench of Alberta.

Driftwood and Green Point were in the business of Oil and Gas exploration and development with properties in Alberta and Saskatchewan.


Sale of Assets:

The Receiver and Manager has retained CB Securities Inc. as its advisor with respect to the divestiture of Driftwood's and Green Point's oil and natural gas properties. Further information with respect to the sales process is set out below or can be obtained at CB Securities Inc.'s website (www.cbsecurities.com).

Driftwood Map

In Receivership Property Divestiture Offering

Sale Approval and Vesting Order - April 7, 2010


Court Documents

Notice of Motion - April 7, 2010

Sealing Order - January 27, 2010

Sale Approval and Vesting Order - January 27, 2010

First Report to Courts - January 18, 2010

Affidavit of Murray DAngelo - June 25, 2009

Receivership Order


Notices

Notice of Motion - January 27, 2010

Notice of Motion - June 25, 2009

Notice and Statement of Receiver - Driftwood Resources Ltd.

Notice and Statement of Receiver - Green Point Resources Ltd.


Reports

Second Report to Court

Receivers Interim Report - December 17, 2009

Second Interim Report of Receiver - Driftwood Resources Ltd.

Second Interim Report of Receiver - Green Point Resources Ltd.



Contact Information

If you require further information, please contact Katherine Bujold at 403.537.7622.

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