Offering Structure

Units	Price (up to)	Issued (up to)	Total ($ up to)	Warrants Exercise price
AA	0.30	3.7MM	1,110,000	0.40
A1	0.50	6.7MM	3,350,000	0.60
A2	0.60	9,233,334	5,540,000	0.80

“…of up to 27 million Units, including  up to 3.7 million Units at $0.30 (Canadian) per Unit, up to 6.7 million Units up to $0.50 (Canadian) per Unit, and up to 9,233,334 Units up to $0.60 (Canadian)  per Unit, for a maximum aggregate gross proceeds of $10 million.”

Warrants: 27 MM
Founders Shares: 8.667 MM    

On the web:
http://www.slb.com/ (For oil glossary see oilfield resources)   

Of interest to geologists, petroleum engineers, and industry participants, technical information regarding the Barnett Shale may be obtained at:
www.searchanddiscovery.com/documents/pollastro/index.htm

Banking:
Royal Bank of Canada, Calgary

Auditors:
Collins Barrow LLP, Calgary

This letter is not an offer an offer to sell securities to anyone that does not qualify under the private placement exemptions of relevant securities legislation being used by the company; securities are only available through the Subscription Agreement to residences of AB, MB, BC only and are considered speculative. Oil and gas investing carries with it inherent risks. Drill locations may vary. This does not constitute an Offering Memorandum or Prospectus. All material is considered accurate at time of print but cannot be guaranteed. 
                                                           Forward-looking Statements
Certain statements contained in this presentation constitute forward-looking statements. Although believed to be true, these statements relate to events or Colby Cooper Inc.’s future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate," "plan," "continue," "estimate," "expect," "may," "will," "project," "should," "believe," "predict," "potential," and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be unduly relied upon. These statements speak only as of the date of this presentation.