Canada Oil and Gas Market Update

Main Update Highlights from entire month of June, 2013

Petro‐Canada Lubricants Inc. is gearing up to launch the latest in the Duron line of products.

Export Development Canada’s (EDC) trade confidence index rose to 72.6 in the first half of 2013
from 70.7 in the second half of 2012 due largely to a more positive assessment of the U.S. and European

Candax Energy Inc. Announces Sale of Working Interest in Madagascar ‐ Candax Madagascar
Limited (“CML”), has reached an agreement to sell its 10% working interest in Block 1101 in Madagascar
to Oyster Oil & Gas Limited (“Oyster”).

Sources: Magazines, Newspapers and regional websites