Corporate

NiMin Energy Corp. is an oil and gas company that is engaged in the acquisition and development of oil and gas properties in the United States. Nimin has operated as an exploration and production company since late 2006 and has principal operations in the Bighorn Basin, Wyoming, the San Joaquin Basin, California and South Louisiana onshore areas of the United States with current gross production of 820 BOE/day. Approximately 96% of our 28 MMBOE proved and probable reserves (net to working interest) are oil in Wyoming and California. The corporate headquarters are located in Carpinteria, California.

Overall Strategy- "Buy 1 Barrel, Get 2 Free"

Identify, acquire and exploit producing oil fields with substantial conventional and enhanced oil recovery potential. The company evaluates and acquires opportunities utilizing the following guidelines:

• Significant In-Place Oil Resource
• Focus on Core Provinces
• Attractive Acquisition Entry Cost
• Conventional Development Potential
• Immediately Accretive to Cash Flow and Reserves
• Operatorship
• Enhanced Oil Recovery Potential

Our Strengths

• The management team has significant experience acquiring, developing and monetizing assets for a number of public and private companies both domestically and internationally.
• Our technical staff has specific expertise in evaluation, acquisition, development and enhanced oil recovery technologies.
• We have assembled a proprietary database of 1,300 domestic oil fields and have identified a significant number of under-developed targets which can be exploited using conventional and enhanced oil recovery technologies.
• Management has significant ownership in the company and is highly focused on both short and long term growth and valuation.