1. Canadian Foresight Group PTE. LTD. May 2015

2. Reader Advisories
The information in this presentation contains certain forward-looking statements. All statements other than statements of historical fact may be forward-looking 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.

3. 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.

4. Highlights
Canadian Foresight Group PTE. LTD. (“CFG”) was established to pursue international E&P opportunities in SE Asia and successfully participated in Myanmar’s inaugural offshore bidding round.
CFG’s directors and management team have extensive expertise in both onshore and offshore oil/gas exploration and development, particularly in Asia.
CFG holds an 80% interest in Myanmar’s offshore Block M15 and is the Operator.
Myanmar’s offshore oil sector is dominated by the Super-majors and Majors.
CFG is the only pure Myanmar offshore investment opportunity

5. Board of Directors
Songning Shen- Chairman of the Board. 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 is one of the pioneers who discovered the biggest offshore oilfield SZ36-1 in China. He obtained a M.Sc. from the Norwegian University of Science and Technology.
Kevin Flaherty- Executive Director. Mr. Flaherty holds a MBA, Finance and resides in Vietnam, where he is a Managing Director of Energy & Natural Resource Investments at Saigon Asset Management. He co-founded two natural resources firms in Vietnam: Tiberon Minerals and Keeper Resources; both of which were subsequently acquired by Asian-based investment firms.
Greg Turnbull- Director. Mr. Mr. Turnbull is a lawyer, 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 Crescent Point Energy Corp., Storm Exploration Inc., Heritage Oil Corporation, and Marquee Energy Ltd.
Raymond Fong - Director. Mr. Fong is a Canadian Professional Engineer. Mr. Fong was a director of China Coal Corporation from 2007 to 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. Mr. Fong is currently serving as a Director for Sunshine Oilsands Ltd. and Palinda International Group.
Wei (David) Wu - Director. Mr. Wu has over 30 years of experience as owner and operator of businesses in China. He is a Director of West Pacific Petroleum and Yunnan Tianli Trading Ltd. He has also been a Manager of Husky Energy Challenge Holdings since September Currently, Mr. Wu serves as the Chairman of the Board of Directors of CaiTerra International Energy Corporation.

6. Management
Songning Shen - Managing Director of CFG. 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 is one of the pioneers who discovered the biggest offshore oilfield SZ36-1 in China. He obtained a M.Sc. from the Norwegian University of Science and Technology.
Perla Woo – Vice-President of Corporate Operations. Ms. Woo is Canadian Professional Engineer, with a Master’s degree in Petroleum Engineering from the University of Calgary. She was a Co-Founder of Sunshine Oilsands Ltd., and was Senior Vice President until September 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.
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.
Robert Maxwell - Country Manager and Exploration Advisor. Mr. Maxwell is a Canadian Professional Geologist with an M.Sc in Structural Geology from the University of British Columbia. Currently residing in Myanmar, Mr. Maxwell has extensive in-country international management experience including in-country assignments in Malaysia, Egypt and Qatar. From Mr. Maxwell was co-founder and CEO of CEP International Petroleum Ltd. , an oil and gas exploration company, publically traded on the TSXV with oil and gas exploration projects in Russia.

7. Management (Continued)
Kyaw Moe – Myanmar Special Representative. 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. Mr. Kyaw Moe has about 15 years of media and communication working experience in both corporate and public sector.
Richard W. Pawluk - Corporate Secretary. Mr. Pawluk has been a partner of the law firm of McCarthy Tétrault LLP since 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. Mr. Pawluk currently serves as director of CaiTerra International Energy Corporation.

8. CFG’s Myanmar Activities
CFG participated in Myanmar’s Nov offshore bidding round along with Transcontinental Resource Group (TRG) and Myanmar’s KMA Group.
CFG and TRG were awarded Shallow Offshore Block M-15 on March Under the terms of joint bid, CFG will undertake a seismic program and drill two wells.
On March 30, 2015 the Production Sharing Contract was executed.
Currently conducting initial environmental impact assessment.

9. Company Assets in Myanmar
Owns the operation right of block M-15 covers 13,480 sq. km.
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 in the fault offset region adjacent to a deep Oligocene sedimentary basin. Both Clastic and Carbonate reservoirs are prospective targets within this block.
Approximately 1,753 km of 2D-seismic has been acquired. Previous geophysical and geological work had identified several prospects with potential from 4 TCF to 10 TCF gas and indicate significant structural and stratigraphic traps. Additional 3D seismic work is required to identify the most promising closures.
Significant Prospects with an estimated P50 Resources of 24 TCF.

10. Myanmar 2013 Offshore Bid Round
Offshore Bid Round Results
DOMINATED BY
SUPER-MAJORS
&
MAJORS
Bids Closed : November 2013
Results Announced: March 2014
CFG Contract Signed: March 2015

11. The Prospects: Numerous Multi-TCF Prospects on Block M15
Number
Name
BCF 1
Deep Water Turbidite Basin Fan
17323
10055
5736 3
Oligocene Horst Block
1171
645
376 4
Miocene Sandstone Pinchout – AVO supported
8300
3400
1100 5
Yetagun - Like Basement High
110 75 35 6
Carbonate Buildup
20406
9769
4490
The Leads:
Lead
Number
Name and Description 2
Deepwater Turbidite lacks seismic control 3a
Oligocene Horst Block – gravity defined, may be large in size 7
Potential Oligocene oil-prone basins defined by satellite gravity

12. CFG Work Programme
Production Sharing Contract (PSC) executed on March 30, 2015
Prepare Environmental and Social Impact Studies – 1st Q 2015 to
2nd Q 2015
Reprocess previously acquired seismic – 2nd Q 2015 to 3rd Q 2015
3D Seismic program – 4th Q 2015 to 1st Q 2016
Process new 3D Seismic data, refine previously identified drill targets and plan drill program – 2nd Q 2016 to 3rd Q 2016
Drill first well – 4th Q 2016

13. Company Structure Singapore incorporated private company
Shares issued and outstanding : 148,203,555.
Capital raising: Planning to raise US$30-50 million by 2Q 2015

14. GAS RESERVES
SHWE – 4.5 TCF
YADANA – 6.5 TCF
ZAWTIKA – 1.8 TCF
YETAGUN – 4.2 TCF

15. Major Offshore Gas Projects (1)
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

16. Major Offshore Gas Projects (2)
YADANA GAS PROJECT
Proved gas reserves of 6.5 TCF.* Started operating in 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
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 **

17. Major Offshore Gas Projects (3)
ZAWTIKA GAS PROJECT
Gas reserves of 1.8 TCF with targeted production of MMSCFD.* First gas production was in February 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 PTTEP (80%) and partnered with MOGE (20%).
* PSC in Myanmar Upstream Oil and Gas Industry. Presentation by Mr. Htin Aung of Energy Planning Department on March 28, 2012

18. Major Offshore Gas Projects (4)
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 **

19. 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 technology.com

20. 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.

21. Contact Information
SONGNING SHEN
Chairman of the Board and Managing Director
Canadian Foresight Group Pte. Ltd.
Mobile:
Office: ext. 1120
PERLA WOO
Vice President
Mobile:
Office: ext. 1121
KEVIN FLAHERTY
Executive Director
Mobile:
CANADIAN FORESIGHT GROUP PTE. LTD.
Calgary Office:
Suite 800, 717 7th Avenue SW, Calgary, AB T2P 0Z3, Canada
Office:
Fax:
Yangon Office:
Unit 8, 3rd Floor, Cooperative Business Center, Corner of Sayarsan Road & New University Road, Bahan Township, Yangon, Myanmar