Sennen Potash Corporation (Sennen) is a Canada-based natural resource company engaged in the acquisition, exploration and development of mineral properties. Sennen has interests in the Monument Potash Project (Monument), which is comprised of over 100,000 net mineral acres of mineral leases in southeast Utah and southwest Colorado, and is located less than 70 miles from Intrepid Potash Corp.’s operating Cane Creek Solution Mine. The Company is also engaged in drilling of Johnson 1 potash exploration well. Beeman operates in the Rocky Mountain region and Four Corners area. The Johnson 1 well is located approximately 2 km (1.3 miles) southeast of the Western Natural Charles Red oil and gas well which indicated a cycle 18 total thickness of approximately 107 m (350 feet).