Pennine Petroleum Corporation (Pennine) is a Canada-based junior oil and gas company. The Company is engaged in the evaluation, acquisition, exploration and development of oil and gas properties in Western Canada. The Company's Success area is located near Swift Current, Saskatchewan. Pennine is an interest holder in approximately 800 gross acres of petroleum and natural gas rights in the Success area. There are approximately two wells on its Chauvin South East Central Area, Alberta property, located approximately 240 kilometers southeast of Edmonton, Alberta. Pennine holds an interest in the 14-6-42-1W4 and the 16-1-42- 2W4 well. It has over 10 contiguous sections of petroleum and natural gas rights in the Youngstown area of Alberta. The principal producing zones are the Belly River, Milk River and Mannville formations. Pennine has an interest in a section of petroleum and natural gas rights in the property located in Township 38 Range.