Montana Exploration Corp., formerly AltaCanada Energy Corp., is engaged in the business of exploring, developing and producing oil and gas reserves in Alberta and Montana. The Companies wholly owned subsidiaries include Alberta Selecta Corporation (ASC), ANG Holding Corp., ANG Holding (United State) Corp. and Montana Land and Exploration, Inc. (ML&E), and AltaCanada Energy Partnership (ACEP). During the year ended December 31, 2011 one (0.4) net wells were drilled in Montana and one (0.5 net) wells were drilled in Canada. During 2011, the Company holds approximately 270,000 gross acres of lands in the Blaine County area of Montana and in the Fort Belknap Reservation. On March 13, 2012, the Company sold an interest in four wells in Viking Kinsella. Effective March 25, 2013, Wolseley Ventures Ltd acquired a 45.39% interest in the Company.