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Forent Energy Ltd. was founded in 1999 by Dennis Forgeron as a private oil and natural gas producer focused on low-risk development projects in central Alberta. Today, low-risk heavy oil production growth is integral to Forent’s short-term growth strategy. Medium and longer-term production growth is expected to come from exploration opportunities in southern Alberta and reef oil plays in Nova Scotia. In 2007 Forent farmed in on the 514,000 acre Alton Block in Nova Scotia.

Forent has the broad experience base and technical skill-sets needed to tackle its diverse portfolio of assets, plus no debt and a track record of financial discipline. Forent’s exploration team has a wealth of experience in Canadian and international oil and gas resource exploration and development.

In April 2010, Forent Energy completed a $4.4 million financing with Calgary entrepreneur W. Brett Wilson. The Company used a portion of the capital to re-enter five heavy-oil wells at its Mervin, Saskatchewan property, adding production from those wells in May 2010. The capital was also used to finance a gravity gcradiometry survey of a portion of its Alton Block in Nova Scotia in Q2 and Q3 2010. In December 2010, Forent completed a $2.0 million financing the proceeds of which were primarily used to fund a 23 section 3D seismic program west of Claresholm, AB (“Montgomery”). In June 2011, the Company completed a $2.25 million financing to fund exploration and development programs in Nova Scotia and Saskatchewan respectively.

Forent had 115,231,188 basic shares and 131,227,538 fully diluted shares outstanding at November 30, 2011. Management and insiders own approximately 45 percent of the shares. Forent was publicly listed on the TSX Venture Exchange in December 2008.