ARC ResouRCes 10 15 AnnuAl  report 11  Budget north  Alberta 7  28 nE BC / nW AB 2 1 north  Alberta 1 2 CEnTRAL AB north  Alberta 1  18 nORTHERn AB north  Alberta 1 41 PEMBInA north  Alberta 1 13 REDWATER north  Alberta 3 2 SE AB / SW SK north  Alberta 10 38 nE BC / nW AB TOTAL OPERATED  2011 vERTICAL 24 HORIzOnTAL 142 north  Alberta vERTICAL HORIzOnTAL 86% Will be Horizontal  Wells