Mountainview Energy Forward-Looking Statements

Reader Advisory ,[object Object],[object Object],[object Object],[object Object],[object Object]

Reader Advisory (continued) ,[object Object],[object Object],[object Object],[object Object]

Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Management Team ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Board of Directors Joseph V. Montalban Chairman of Board Patrick Montalban CEO & President Keith MacDonald Independent Director Denny Hop Independent Director Bo Mickelson Independent Director Carla Barringer Corporate Secretary Bruce Young Company Consultant

Mountainview Energy Fully Diluted Outstanding Shares ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Williams Gas Field & Lake Frances Gas Field 500 mcf a day SW Pondera Project 10-20 BOPD Lone Man Coulee 10-20 BOPD Snoose Coulee Gas Field 100 mcf a day Red Creek Field 120-150 BOPD

Red Creek Field ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lake Frances Alberta Bakken ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Red Creek Field 120-150 BOPD (Mississippian, Bakken, Three Forks, Nisku, Duperow Oil Potential) Stateline Prospect Mississippian, Bakken, Three Forks, Gutin, Nisku, and Red River Oil Potential Lake Frances Alberta Bakken Prospect 500 mcf a day (Mississippian, Bakken, Three Forks, Nisku, Duperow Oil Potential)

2011/2012 Capital Program For current lease holdings: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Drilling Activity in Area ,[object Object],[object Object],[object Object],[object Object]

Stateline Project 12,000 Gross, 12,000 Net Acres 2011/2012 Capital Program: $20 million - 1 Vertical, 10 Horizontals Nearby producers: Taqa, Brighton, Northern, EOG, Kodiak, Georesources Well production range: 200 – 1000 boe/d on first month Stacked Pay Zones: Ratcliffe, Mission Canyon, Nisku, Gutin, Bakken, Three Forks, and Red River. Continuing to build our acreage position

Nearby Bakken Well Results ,[object Object],[object Object],[object Object],[object Object]

Typical North Dakota Bakken/Three Forks Well Reservoir Data & Economics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Typical North Dakota Bakken/Three Forks Well Reservoir Data & Economics Continued: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Taqa-Hellegaard 9-12H Bakken Reservoir Data, Volumetric Reserve Estimate & Economics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Taqa-Hellegaard 9-12H Bakken Reservoir Data, Volumetric Reserve Estimate & Economics Continued: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Use Of Proceeds ,[object Object],[object Object],[object Object],[object Object],[object Object]

MVW Stateline Locations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Purchasers' Rights of Action ,[object Object],[object Object]

Purchasers' Rights of Action (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Purchasers' Rights of Action (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Purchasers' Rights of Action (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object]

Mountainview Energy Forward-Looking Statements

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