Artek Exploration

Artek Exploration Ltd. is a junior oil and gas exploration and production company based in Calgary, Alberta that commenced operations in February 2005 as a private company.

Since its founding, Artek has grown production from zero to over 2,200 boe/d in the first quarter of 2011 primarily through the drill bit. The Company's operational activities are concentrated mainly in the Peace River Arch and Deep Basin areas of Alberta and British Columbia where it is focused on organically generating conventional and resource natural gas and natural gas liquids projects to achieve its reserves and production growth objectives. Artek also has a producing conventional light crude oil project located in central Alberta.

In November 2009, Artek initiated a reverse take-over of COSTA Energy Inc., a TSX Venture Exchange company, which closed on January 14, 2010. As a new public company, Artek's primary objective is to continue using its strong technical expertise in its core areas to achieve profitable per share growth in reserves, production and cash flow, complemented with opportunistic acquisitions that have drilling upside and where the Company has a competitive advantage. Common shares of Artek Exploration Ltd. trade on the Toronto Stock Exchange under the symbol RTK.