WESTERN EXPLORATION INC.
                            FINANCIAL CODE OF ETHICS

As a public company, it is of critical importance that Western Exploration Inc.
("Western Exploration") filings with the Securities and Exchange Commission be
accurate and timely. Depending on their position with Western Exploration,
employees may be called upon to provide information to assure that Western
Exploration 's public reports are complete, fair, and understandable. Western
Exploration expects all of its employees to take this responsibility seriously
and to provide prompt and accurate answers to inquiries related to Western
Exploration' public disclosure requirements.

Western Exploration's Finance Department bears a special responsibility for
promoting integrity throughout Western Exploration, with responsibilities to
stakeholders both inside and outside of Western Exploration. The Chief Executive
Officer (CEO), Chief Financial Officer (CFO), and Finance Department personnel
have a special role both to adhere to the principles of integrity and also to
ensure that a culture exists throughout Western Exploration as a whole that
ensures the fair and timely reporting of Western Exploration's financial results
and conditions. Because of this special role, the CEO, CFO, and all members of
Western Exploration's Finance Department are bound by Western Exploration's
Financial Code of Ethics, and by accepting the Financial Code of Ethics, each
agrees that they will:

-    Act with honesty and integrity, avoiding actual or actual conflicts of
     interest in personal and professional relationships.

-    Provide information that is accurate, complete, objective, relevant, timely
     and understandable to ensure full, fair, accurate, timely, and
     understandable disclosure in the reports and documents that Western
     Exploration files with, or submits to, government agencies and in other
     public communications.

-    Comply with the rules and regulations of federal, state and local
     governments, and other appropriate private and public regulatory agencies.

-    Act in good faith, responsibly, with due care, competence and diligence,
     without misrepresenting material facts or allowing one's independent
     judgment to be subordinated.

-    Respect the confidentiality of information acquired in the course of one's
     work, except when authorized or otherwise legally obligated to disclose.
     Confidential information acquired in the course of one's work will not be
     used for personal advantage.

-    Share job knowledge and maintain skills important and relevant to
     stakeholders needs.

-    Proactively promote and be an example of ethical behavior as a responsible
     partner among peers, in the work environment and in the community.

-    Achieve responsible use of, and control over, all Western Exploration
     assets and resources employed by, or entrusted to yourself, and your
     department.

-    Receive the full and active support and cooperation of Western
     Exploration's Officers, Sr. Staff, and all employees in the adherence to
     this Financial Code of Ethics.

-    Promptly report to the CEO or CFO any conduct believed to be in violation
     of law or business ethics or in violation of any provision of this Code of
     Ethics, including any transaction or relationship that reasonably could be
     expected to give rise to such a conflict. Further, to promptly report to
     the Chair of Western Exploration's Audit Committee such conduct if by the
     CEO or CFO or if they fail to correct such conduct by others in a
     reasonable period of time.