Iskander Energy is a Canadian energy company focused on exploration and development of three distinct assets in Ukraine, in addition to exploring and developing sizeable blocks in Bulgaria and Poland. Our Company is set to benefit from European natural gas pricing which is approximately 5 times the North American price. Each of these countries is heavily dependent on costly energy imports, and each country has substantial incentive to develop indigenous sources of energy in order to enhance energy security and promote economic development with its attendant benefits. These broad economics, coupled with bringing Canadian know-how and technology to a region that is twenty years behind in oil and gas operational practices, is really the core of the opportunity in Eastern Europe. Iskander, with its large land package and world class operations and technical team, is poised to exploit this opportunity.