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| July 22, 2008 |
Pennant Grants Stock Options |
| July 10, 2008 |
Pennant to Drill on Badger Property, Southern Alberta |
| June 26, 2008 |
Pennant and Highpine - Pembina well Tests capable of 758 BOEPD |
| June 09, 2008 |
Pennant Flow Tests Well at Maximum Allowable Rates |
| May 27, 2008 |
Pennant Signs Seismic Option Proposal |
| May 23, 2008 |
Pennant and Highpine commence production testing of Pembina well |
| March 27, 2008 |
Pembina 16-29 Well Update |
| March 13, 2008 |
Pennant commences drilling Pembina well with Highpine |
| February 21, 2008 |
Pennant Signs Letter of Intent |
| January 18, 2008 |
Pennant 3D Seismic shoot successfully completed |
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