Midway Energy Ltd. (Midway) is an oil and natural gas exploration, production and development company. The Company’s assets are located in four primary areas in Western Canada: Garrington, Grouard, Mackay and Swan Hills, Alberta. Garrington is located approximately 80 kilometers northwest of Calgary and consists of Garrington Cardium Unit #3, Garrington Cardium Unit #2, South Garrington Cardium B Unit #1 and Garrington non-unit lands. Grouard is located near High Prairie, Alberta and produces light oil from the Gilwood formation, heavy oil from the Bluesky zone and natural gas from several Cretaceous horizons. Mackay is located approximately 60 kilometers west of Fort McMurray and is producing from nine gross operated gas wells. Swan Hills is located approximately 15 kilometers northwest of Swan Hills, Alberta. In April 2012, Whitecap Resources Inc. acquired all of the issued and outstanding class A common shares of the Company.