Document:

PRIVATE
      PLACEMENT SUBSCRIPTION AGREEMENT

    (For
      purchasers resident in the United States)

     

    
      	TO:	 	WESCORP
              ENERGY INC. (the “Corporation”)
	 	 	 
	AND
              TO: 	 	BRYAN
              & COMPANY LLP, Barristers and Solicitors
              2600,
                10180 - 101 Street

              Edmonton,
                AB T5J 3Y2

              Attention:
                Robert J. Bruggeman

            

    

    

    Private
      Placement of up to 10,000,000 units (the “Units”) at US$0.50 per Unit, each Unit
      consisting of one share of common stock with a par value of $0.0001 (a “Common
      Share”) and one non-transferable share purchase warrant (a “Warrant”). Each
      Warrant will entitle the Subscriber to subscribe for one additional Common
      Share
      at a price of US$0.75 per share at any time up to 4:00 p.m. (the "Time of
      Expiry") local time in Edmonton, Alberta on that date which is 24 months from
      the date of issue (the "Expiry Date"). After six months from the date of issue,
      the Warrants shall be deemed exercised, in accordance with their terms, at
      any
      time prior to the Time of Expiry on the Expiry Date if the weighted average
      trading price of the Corporation's Common Shares as traded on the NASD OTC
      Bulletin Board for the previous ten (10) trading days was at least $1.50 per
      Common Share. In the event that the aggregate exercise price for the Warrants
      is
      not tendered to the Corporation with 30 days of their deemed exercise, at the
      option of the Corporation, such Warrants will be deemed cancelled and of no
      force and effect. If the Warrant is not tendered to the Corporation by the
      expiry date, such Warrant will be deemed cancelled and of no force and effect.
      The Units, the Common Shares and the Warrants are collectively referred to
      in
      this Agreement as the “Securities”.

     

    Subject
      to the terms and conditions contained in this subscription agreement, including
      the terms and conditions set forth in Schedule “A” hereto, we, the undersigned,
      hereby irrevocably subscribe for and agree to purchase Units of the Corporation
      in the amount set forth below.

    

    
      	
               

              (Name
                of Subscriber - please print)

               

              By:
                 

              (Authorized
                Signature)

               

               

              (Official
                Capacity or Title - please print)

               

               

              (Please
                print name of individual whose signature appears above if different
                than
                the name of the Subscriber printed above.)

               

              Register
                Units as set forth below:

               

              (Name)

               

               

              (Account
                Reference, if applicable)

               

               

              (Subscriber's
                address)

               

               

              (Telephone
                Number)

               

              (Fax
                Number)

               

              (Email
                Address)

            	 	
               

               

              Principal
                Amount of Units Purchased 

               

               

               

               

              Number
                of securities of the Corporation held prior to purchase of the
                Units

               

               

              Deliver
                the Units as set forth below:

               

               

               

              (Name)

               

               

              (Account
                reference, if applicable)

               

               

              (Contact
                Name)

               

               

              (Address)

               

               

               

              (Telephone
                Number)

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    All
      dollar amounts referred to in this agreement are in US dollars.

     

    These
      securities are restricted securities as that term is defined in Rule 144 under
      the United States Securities Act of 1933 (the “U.S. Securities Act”). As
      restricted securities, they may be resold only in accordance with Rule 144
      under
      the U.S. Securities Act or pursuant to an effective registration statement
      under
      the U.S. Securities Act or an exemption from the U.S. Securities Act. Hedging
      transactions involving these securities may not be conducted unless in
      compliance with the U.S. Securities Act.

     

    These
      securities have not been registered with the United States Securities and
      Exchange Commission or the securities commission of any state. This subscription
      agreement does not constitute an offer to sell nor a solicitation of an offer
      to
      buy the securities in any jurisdiction in which such offer or solicitation
      would
      be unlawful. The securities may not be resold or transferred except as permitted
      pursuant to registration under the U.S. Securities Act or an exemption from
      it.

     

    These
      securities have not been recommended by any federal or state securities
      commission or regulatory authority. Furthermore, the foregoing authorities
      have
      not reviewed, confirmed or determined the accuracy or adequacy of this document.
      Any representation to the contrary is a criminal offence.

     

    
      ACCEPTANCE:
        The
        Corporation hereby accepts the above subscription this ______
        day
        of
        ______________, 2006.

       

      
        	 	 	 
	 	WESCORP
                ENERGY INC.
	 
 	 
 	 
 
	 	
                Per:

              	 
	 	
                

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      "A"

     

    TERMS
      AND CONDITIONS OF SUBSCRIPTION FOR 

     

    UNITS
      OF WESCORP ENERGY INC.

     

    
      	1.  	
              Acknowledgements
                re: Hold Periods and Resale
                Restrictions

            

    

     

    We
      understand and acknowledge the following:

     

    
      	(a)  	
              the
                Warrants are not assignable or transferable without the prior written
                consent of the Corporation;

            

    

     

    
      	(b)  	
              Warrants
                may be exercised- in full or in part- by tendering notice and funds
                to the
                corporation, at any time up to 4 pm, the “time of expiry”, 24 months from
                the date of issue. At the “time of expiry” any remaining unexercised
                Warrants shall be “deemed exercised” ;the Warrants shall be deemed
                exercised, in accordance with their terms, at any time after six
                months
                from the date of issue and prior to the Time of Expiry on the Expiry
                Date
                if the weighted average trading price of the Corporation’s Common Shares
                as traded on the NASD OTC Bulletin Board for the previous ten(10)
                trading
                days was at least $1.50 per Common
                Share;

            

    

     

    
      	(c)  	
              notwithstanding
                the exercise of the Warrants, the Corporation shall not be obligated
                to
                issue the Common Shares issuable on the exercise of the Warrants
                unless
                and until the funds representing the exercise price have been tendered
                to
                the Corporation and all other terms and conditions of the certificates
                representing the Warrants have been complied with by the
                holder;

            

    

     

    
      	(d)  	
              in
                the event that the aggregate exercise for the Warrants is not tendered
                to
                the Corporation at 4 pm on the day of their deemed exercise, such
                any
                remaining unexercised Warrants will be deemed cancelled and of no
                force
                and effect;

            

    

     

    
      	(e)  	
              we
                have been advised to consult our own legal advisers in connection
                with any
                applicable statutory hold periods and resale restrictions in the
                United
                States, relating to the Units and the Common Shares issuable upon
                the
                exercise of the Warrants and no representation has been made by the
                Corporation or its representatives respecting the applicable statutory
                hold period or resale restrictions;

            

    

     

    
      	(f)  	
              we
                are solely responsible (and the Corporation is not in any way responsible)
                for compliance with applicable hold periods and resale restrictions,
                including without limitation the filing of any documentation and,
                if
                applicable, the payment of any fees with any applicable securities
                regulatory authority, and that we, and (if applicable) others on
                whose
                behalf we are contracting hereunder, are aware that we, and (if
                applicable) such others, may not be able to resell the Units or the
                Common
                Shares issuable upon the exercise of the Warrants except in accordance
                with limited exceptions under applicable securities legislation and
                regulatory policy and we and, if applicable, others on whose behalf
                we are
                contracting hereunder, will not sell, resell or otherwise transfer
                the
                Units and the Common Shares issuable upon the exercise of the Warrants
                except in compliance with applicable laws;
                and

            

    

     

    
      	(g)  	
              we,
                on our own behalf and (if applicable) on behalf of others for whom
                we are
                contracting hereunder, specifically agree that we will not offer,
                sell,
                pledge or otherwise transfer the Units or the Common Shares issuable
                upon
                the exercise of the Warrants except: (i) to the Corporation; or (ii)
                inside the United States in a transaction, (A) made in compliance
                with an
                exemption from registration under the U.S. Securities Act provided
                by Rule
                144 or Rule 144A thereunder, if available, and any applicable state
                securities laws of the United States or (B) in a transaction exempt
                from
                registration requirements under the U.S. Securities Act and any applicable
                state securities laws of the United States; we understand that the
                Units
                and the Common Shares issuable upon the exercise of the Warrants
                will bear
                a legend to the foregoing effect and that prior to any transfer pursuant
                to the foregoing clauses (ii) and (iii), the Corporation may require
                that
                the seller furnish the Corporation and the Corporation's transfer
                agent
                with an opinion of counsel of recognized standing, in substance and
                form
                satisfactory to the Corporation, that such transfer is exempt from
                registration under the U.S. Securities Act and any applicable state
                securities laws; we understand and acknowledge that the certificates
                for
                the Units and the Common Shares issuable upon the exercise of the
                Warrants
                and any certificates issued in replacement thereof or exchange therefor,
                shall have endorsed thereon a legend reflecting such restrictions
                on
                transfer; and we understand and acknowledge that the Corporation
                is not
                obligated to file and has no present intention of filing with the
                United
                States Securities and Exchange Commission or with any state securities
                administrator or commission any registration statement in respect
                of
                resales of the Units or the Common Shares issuable upon the exercise
                of
                the Warrants in the United States.

            

    

     

    
      
        
        

      

      
        A-1

        
          

        

      

      
        
        

      

    

     

    
      	2.  	
              Delivery
                and Payment

            

    

     

    We
      agree
      that the following must be delivered to
      the
      Corporation c/o Bryan & Company LLP, Barristers and Solicitors, 2600
      Manulife Place, 10180 - 101 Street, Edmonton, Alberta T5J 3Y2, Attention: Robert
      J. Bruggeman, or by fax at (780) 428-6324:

     

    
      	(a)  	
              a
                certified cheque, bank draft, money order or wire transfer payable
                to“Bryan
                & Company LLP In Trust”,
                representing the aggregate purchase price payable by us for the Units,
                unless other payment arrangements acceptable to the Corporation have
                been
                made. The entire purchase price for the Units must be paid at the
                time of
                subscription;

            

    

     

    
      	(b)  	
              one
                completed and duly signed copy of this subscription agreement together
                with the exemption certification completed in the form attached hereto
                as
                Schedule "B";

            

    

     

    
      	(c)  	
              such
                other documents as may be required pursuant to terms of this subscription
                agreement; and

            

    

     

    
      	(d)  	
              all
                other documentation as may be required by applicable securities
                legislation.

            

    

     

    
      	3.  	
              Closing

            

    

     

    The
      Units
      herein subscribed for will be issued in connection with the creation, issue
      and
      sale (the "Offering") of Units totalling, in the aggregate, a minimum of
      US$500,000 (the "Minimum Amount") and up to a maximum of US$5,000,000 (the
      "Maximum Amount").

     

    Delivery
      of and payment for the Units (the “Closing”) will be completed at the offices of
      Bryan & Company LLP, 2600 Manulife Place, 10180 - 101 Street, Edmonton,
      Alberta T5J 3Y2 upon the Corporation receiving subscriptions for at least the
      Minimum Amount. After receiving the Minimum Amount, the Corporation contemplates
      multiple Closings which will take place on such dates as may be determined
      by
      the Corporation until the Maximum Amount is achieved. Prior to acceptance of
      this subscription by the Corporation, the Corporation is at liberty to terminate
      the Offering at any time (whether or not the Minimum Amount is achieved) should
      market conditions change.

     

    This
      subscription is subject to acceptance by the Corporation, as described below.
      Unless other arrangements have been made with the Corporation, certificates
      endorsed by the Corporation representing that the Common Shares and the Warrants
      will be available for delivery to us in Edmonton, Alberta, at Closing against
      payment of the aggregate purchase price for the Units. If we choose not to
      attend the Closing to receive the certificates representing the Units, then
      the
      Corporation will deliver such certificates to us at the address set out for
      delivery on page 1 of this subscription agreement promptly after the
      Closing.

     

    In
      the
      event that the Minimum Amount is not achieved on or before July 31st
      , 2006,
      all subscription funds shall be returned without interest or
      deduction.

     

    
      
        
        

      

      
        A-2

        
          

        

      

      
        
        

      

    

     

    
      	4.  	
              Acceptance
                of Subscription

            

    

     

    This
      subscription may be accepted in whole or in part and the right is reserved
      to
      the Corporation to allot to any subscriber less than the amount of the Units
      subscribed for. Without limiting the generality of the foregoing, this
      subscription shall not be accepted if the amount of the Units subscribed for
      is
      less than the Minimum Subscription Amount. Confirmation of acceptance or
      rejection of this subscription will be forwarded to us promptly after the
      acceptance or rejection of this subscription by the Corporation. If this
      subscription is rejected in whole, we understand that any certified cheques
      or
      bank drafts delivered by us to the Corporation representing the purchase price
      for the Units will be promptly returned to us without interest. If this
      subscription is accepted only in part, we understand that a cheque representing
      the purchase price for that portion of our subscription which is not accepted
      will be promptly delivered to us, without interest.

     

    
      	5.  	
              Acknowledgements
                re: Prospectus Exemptions,
                etc.

            

    

     

    We
      acknowledge and agree that the sale of the Units to us, or (if applicable)
      to
      such others, is conditional upon, among other things:

     

    
      	(a)  	
              such
                sale being exempt from the prospectus filing requirements and the
                requirements for the delivery of an offering memorandum (as defined
                in any
                applicable United States securities legislation) of all applicable
                securities legislation relating to such sale or upon the issuance
                of such
                rulings, orders, consents or approvals as may be required to permit
                such
                sale without the requirement of filing a prospectus or delivering
                an
                offering memorandum; and 

            

    

     

    
      	(b)  	
              the
                Corporation obtaining any necessary regulatory
                approvals.

            

    

     

    We
      also
      acknowledge and agree, that:

     

    
      	(a)  	
              we
                have not received, requested or been provided with, nor have any
                need to
                receive, a prospectus, offering memorandum (as defined in any applicable
                United States securities legislation) or similar disclosure document
                relating to the offering of the Units and/or the business and affairs
                of
                the Corporation and that the decision to enter into this subscription
                agreement and purchase of the Units has not been based upon any verbal
                or
                written representation as to fact or otherwise made by or on behalf
                of the
                Corporation or any officer, director, employee or agent of the Corporation
                and that such decision is based entirely upon information set out
                in this
                subscription agreement and currently available public information
                concerning the Corporation;

            

    

     

    
      	(b)  	
              there
                has not been any advertisement of the offering of the Units in printed
                public media, radio, television or telecommunications, including
                electronic display such as the Internet or any seminar or meeting
                whose
                attendees have been invited by general solicitation or general
                advertising; 

            

    

     

    
      	(c)  	
              no
                agency, governmental authority, regulatory body, stock exchange or
                other
                entity has made any finding or determination as to the merit for
                investment of, nor have any such agencies or governmental authorities
                made
                any recommendation or endorsement with respect to the Units or the
                Common
                Shares underlying the Units;

            

    

     

    
      	(d)  	
              no
                prospectus has been filed by the Corporation with a securities commission
                or other securities regulatory authority in any jurisdiction in connection
                with the issuance of the Units and such issuances are exempt from
                the
                prospectus requirements otherwise applicable under the provisions
                of
                United States securities laws and, as a result, in connection with
                our
                purchase of the Units or the Common Shares underlying the Units
                hereunder:

            

    

     

    
      	(i)  	
              we
                are restricted from using most of the civil remedies available under
                United States securities laws;

            

    

     

    
      
        
        

      

      
        A-3

        
          

        

      

      
        
        

      

    

     

    
      	(ii)  	
              we
                will not receive information that would otherwise be required to
                be
                provided to us under applicable securities laws or contained in a
                prospectus prepared in accordance with applicable securities laws;
                and

            

    

     

    
      	(iii)  	
              the
                Corporation is relieved from certain obligations that would otherwise
                apply under such applicable securities
                laws;

            

    

     

    
      	(e)  	
              the
                Units are being offered for sale only on a “private placement” basis;
                and

            

    

     

    
      	(f)  	
              Bryan
                & Company LLP
                is
                acting as counsel to the Corporation pursuant to the Offering and
                is not
                acting as counsel to the purchasers of the
                Unit.

            

    

     

    We
      acknowledge that the Corporation may be required to provide applicable
      securities regulatory authorities with a list setting forth the identities
      of
      the beneficial purchasers of the Units and we consent to the disclosure of
      any
      such information relating to our subscription hereunder as required for the
      Corporation to properly comply with all regulatory and legislative
      requirements.

     

    We
      understand and acknowledge that: (i) none of the Units or the Common Shares
      underlying the Units have been or will be registered under the United States
      Securities
      Act of 1933,
      as
      amended (the “U.S. Securities Act”) nor any applicable state securities laws and
      may not be offered or sold or re-offered or resold, directly or indirectly,
      unless such securities have been registered under the U.S. Securities Act and
      any applicable state securities laws, or are otherwise exempt from such
      registration; and (ii) certificates representing the Units and the Common Shares
      issuable upon the exercise of the Warrants and shall bear a legend to such
      effect.

     

    
      	6.  	
              Registration
                Rights

            

    

     

    We
      acknowledge and understand that the investor will be entitled to “piggy-back”
registration rights for the Common Shares and Common Shares issuable upon the
      exercise of the Warrants within the next registration statement the Company
      will
      file with the SEC. We acknowledge and understand that the Corporation will
      file
      a S2SB Registration Application to the SEC within a 45 day period after the
      final closing of this Private Placement and that if the application is not
      filed
      with the SEC within 90 days the final closing, each investor will receive an
      additional 10% of the original units subscribed for.

     

    
      	7.  	
              Conditions
                on Closing

            

    

     

    We
      acknowledge and agree that, as the offering of the Units will not be qualified
      by a prospectus, the offering is subject to the condition that we execute and
      return to the Corporation, as applicable, all relevant documentation required
      by
      this subscription agreement, applicable securities legislation, regulations,
      rules and policies and applicable stock exchange rules.

     

    We
      agree
      to: (i) provide the Corporation with such information and documents, including
      certificates, statutory declarations and undertakings, as the Corporation may
      reasonably require from time to time to comply with any filing or other
      requirements under applicable securities legislation, regulations, rules and
      policies and applicable stock exchange rules; and (ii) comply with the
      provisions of any applicable securities legislation, regulations, rules and
      policies and applicable stock exchange rules concerning any resale of the Units
      and the Common Shares issuable upon the exercise of the Warrant.

     

    
      	8.  	
              Representations,
                Warranties and
                Covenants

            

    

     

    We
      represent, warrant and covenant to and with the Corporation (and acknowledge
      that the Corporation is relying thereon) as follows:

     

    
      	(a)  	
              Jurisdiction
                of Residence
                -
                we, and any person on whose behalf we are contracting, are resident
                or
                otherwise subject to the applicable securities legislation in the
                jurisdiction set out under “Subscriber's Address” on page 1 of this
                subscription agreement, and the purchase by and sale to us (and any
                person
                on whose behalf we are contracting), of the Units has occurred only
                in
                such jurisdiction. The address set out under “Subscriber’s Address” on
                page 1 was not created and is not used solely for the purpose of
                acquiring
                the Units and we, and any person on whose behalf we are contracting,
                were
                solicited to purchase in such jurisdiction and are acquiring the
                Units for
                our own account, or for the account of a person over which we exercise
                sole investment discretion, and as to which the we have the authority
                to
                make the statements set forth in this subscription agreement. We,
                and any
                person on whose behalf we are contracting, have not been formed solely
                for
                the purpose of entering into the transactions contemplated by this
                subscription agreement;

            

    

     

    
      
        
        

      

      
        A-4

        
          

        

      

      
        
        

      

    

     

    
      	(b)  	
              Prospectus
                Exempt Purchaser -
                we
                make the representations, warranties and covenants set out below
                and in
                Schedule "B" to this subscription agreement with the Corporation
                and we
                are an “accredited investor” within the meaning set out in Rule 501 under
                the U.S. Securities Act, by virtue of falling within one of the categories
                of "accredited investor" set forth in Appendix 1 to Schedule "B"
                attached
                hereto (PLEASE
                COMPLETE THE CERTIFICATE SET OUT IN SCHEDULE "B" ATTACHED
                HERETO.)

            

    

     

    
      	(c)  	
              Legend
                -
                upon the original issuance thereof, and until such time as the same
                is no
                longer required under applicable requirements of the U.S. Securities
                Act
                or applicable state securities laws the certificates representing
                the
                Units and the Common Shares issuable upon the exercise of the Warrants
                and
                all certificates issued in exchange therefor or in substitution thereof,
                shall bear a legend in substantially the form set forth
                below:

            

    

     

    “THE
      SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES
      SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”), OR ANY STATE
      SECURITIES LAWS, AND MAY BE OFFERED, SOLD, PLEDGED, TRANSFERRED OR OTHERWISE
      DISPOSED OF ONLY (A) TO THE CORPORATION; (B) PURSUANT TO A REGISTRATION
      STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH HAS BEEN DECLARED EFFECTIVE
      UNDER THE U.S. SECURITIES ACT; (C) WITHIN THE UNITED STATES IN A TRANSACTION
      THAT DOES NOT REQUIRE REGISTRATIONS UNDER THE U.S. SECURITIES ACT OR APPLICABLE
      STATE SECURITIES LAWS, AND THE SELLER HAS FURNISHED TO THE CORPORATION AN
      OPINION TO SUCH EFFECT FROM COUNSEL OF RECOGNIZED STANDING REASONABLY
      SATISFACTORY TO THE CORPORATION PRIOR TO SUCH OFFER, SALE OR
      TRANSFER.”

     

    
      	(d)  	
              Investment
                Intent - we
                are acquiring the Units for our own account (or a trust account if
                the
                subscriber is a trustee) and not as a nominee. We understand that
                the
                purchase of the Units involves a high degree of risk and that we
                must bear
                the economic risk of this investment indefinitely unless sale of
                the Units
                is registered pursuant to the U.S. Securities Act, or an exemption
                from
                registration for their sale is available. We understand that, in
                the view
                of the United States Securities and Exchange Commission, the statutory
                basis for the exemption claimed for this transaction would not be
                present
                if the offering of the Units, although in technical compliance with
                Regulation D, is part of a plan or scheme to evade the registration
                provisions of the U.S. Securities Act. We are acquiring the Units
                for
                investment purposes. 

            

    

     

    
      	(e)  	
              General
                Solicitation in the U.S. -
                we, on our own behalf and (if applicable) on behalf of others for
                whom we
                are contracting hereunder, acknowledge that we have not purchased
                the
                Units as a result of any general solicitation or general advertising,
                as
                such terms are used in Regulation D under the U.S. Securities Act,
                including without limitation, advertisements, articles, notices or
                other
                communications published in any newspaper, magazine or similar media,
                or
                broadcast over radio or television, or any seminar or meeting whose
                attendees have been invited by general solicitation or general
                advertising;

            

    

     

    
      
        
        

      

      
        A-5

        
          

        

      

      
        
        

      

    

     

    
      	(f)  	
              No
                Sale in Violation of the Securities Laws -
                we covenant that we will not knowingly sell, transfer or otherwise
                dispose
                of the Units in violation of the U.S. Securities Act, the Securities
                Exchange Act of 1934, as amended (the “Exchange Act”) or the rules and
                regulations of the Securities and Exchange Commission. We will only
                offer
                and sell the Units pursuant to an effective registration statement
                under
                the U.S. Securities Act or an exemption from the registration provisions
                of the U.S. Securities Act or outside the United States in accordance
                with
                applicable securities laws.

            

    

     

    
      	(g)  	
              Resale
                Restrictions - we
                have been independently advised as to, and are aware of the restrictions
                with respect to trading in the Units and Common Shares underlying
                the
                Units pursuant to the applicable securities laws and any applicable
                stock
                exchanges;

            

    

     

    
      	(h)  	
              Due
                Execution and Delivery - we
                are responsible for obtaining such legal advice as we consider necessary
                in connection with the execution, delivery and performance by us
                of this
                agreement and the transactions contemplated herein and we represent
                and
                warrant that such execution, delivery and performance shall not contravene
                any applicable laws of the jurisdiction in which we are resident;
                

            

    

     

    
      	(i)  	
              Independent
                Tax Advice - we
                are solely responsible for obtaining such advice concerning the tax
                consequences of our investment in the Units and we are not relying
                on the
                Corporation for advice concerning such tax
                consequences;

            

    

     

    
      	(j)  	
              Capacity
                -
                if we and, if applicable, any person on whose behalf we are contracting
                (i) are an individual, we have attained the age of majority and are
                legally competent to execute this subscription agreement and to perform
                all actions required pursuant hereto; or (ii) are a corporation,
                partnership, unincorporated association or other entity, we, as the
                case
                may be, have the legal capacity and competence to enter into and
                be bound
                by this subscription agreement and we further certify that all necessary
                approvals of directors, shareholders or otherwise have been given
                and
                obtained;

            

    

     

    
      	(k)  	
              Authority
                -
                the entering into of this subscription agreement and the completion
                of the
                transactions contemplated herein will not result in the violation
                of any
                of the terms and provisions of any law applicable to, or the constating
                documents of, us or any purchaser on whose behalf we are contracting
                or of
                any agreement, written or oral, to which we are or such other purchaser
                is
                a party or by which we or such other purchaser are
                bound;

            

    

     

    
      	(l)  	
              Enforceability
                -
                this subscription agreement has been duly and validly authorized,
                executed
                and delivered by us and, upon acceptance by the Corporation this
                subscription agreement will constitute a legal, valid and binding
                contract
                of ours, enforceable against us, in accordance with its
                terms;

            

    

     

    
      	(m)  	
              No
                Representation re: Resale, Refund, Future Price or
                Listing
                -
                no person has made any written or oral representation to
                us:

            

    

     

    
      	(i)  	
              that
                any person will resell or repurchase the Units or the Common Shares
                underlying the Units;

            

    

     

    
      	(ii)  	
              that
                any person will refund the purchase price of the Units or the Common
                Shares underlying the Units other than as may be provided in this
                subscription agreement; or

            

    

     

    
      	(iii)  	
              relating
                to the future price or value of the Units or the Common Shares underlying
                the Units.

            

    

     

    
      	(n)  	
              Investment
                Experience - we
                have knowledge and experience with respect to investments of this
                type
                enabling us, to evaluate the merits and risks thereof and the capacity
                to
                obtain competent independent business, legal and tax advice regarding
                this
                investment;

            

    

     

    
      
        
        

      

      
        A-6

        
          

        

      

      
        
        

      

    

     

    
      	(o)  	
              Investment
                Intent -
                we
                are subscribing for the Units as principal for
                our own account and not for the benefit of any other person (within
                the
                meaning of applicable securities legislation) and not with a view
                to
                resale or distribution of all or any of the Units or the Common Shares
                underlying the Units, or in the case of a subscription for the Units,
                by
                us acting as trustee or agent (including, for greater certainty,
                a
                portfolio manager or comparable adviser) for a principal, the we
                are duly
                authorized to execute and deliver this subscription agreement and
                all
                other necessary documentation in connection with such subscription
                on
                behalf of each such beneficial person, each of whom is subscribing
                as
                principal for its own account, not for the benefit of any other person
                and
                not with a view to the resale or distribution of the
                Units;

            

    

     

    
      	(p)  	
              Share
                Ownership
                -
                we own that number and type of securities of the Corporation set
                forth on
                page 1 of this subscription agreement;
                and

            

    

     

    We
      acknowledge that the foregoing representations and warranties are made by us
      with the intent that they may be relied upon in determining our eligibility
      and
      the eligibility of any person on whose behalf we are contracting, to purchase
      the Units under relevant securities legislation and we hereby agree, on our
      own
      behalf and on behalf of any person on whose behalf we are contracting, to
      indemnify the Corporation against all losses, claims, costs, expenses and
      damages and other liabilities which it may suffer or incur as the result of
      or
      arising from the reliance by the Corporation on any such representation or
      warranty. We further agree that by accepting the Units we shall be representing
      and warranting that the foregoing representations and warranties are true as
      at
      Closing, with the same force and effect as if they had been made by us on such
      date and that they will survive the purchase by us of the Units and will
      continue in full force and effect notwithstanding any subsequent disposition
      by
      the us of the Units.

     

    
      	9.  	
              Commissions

            

    

     

    We
      acknowledge that the Corporation may pay cash commission, in accordance with
      all
      regulatory requirements, to agents for obtaining subscriptions in connection
      with the offering. The Corporation has retained non-exclusive agents for this
      offering. 

     

    
      	10.  	
              Survival

            

    

     

    This
      subscription agreement, including without limitation the representations,
      warranties and covenants contained herein, shall survive and continue in full
      force and effect and be binding upon the Corporation and the undersigned for
      a
      period of three years from Closing notwithstanding the issuance of the Units
      or
      the Common Shares issuable upon the exercise of the Warrants.

     

    
      	11.  	
              Governing
                Law

            

    

     

    This
      agreement shall be governed by and construed in accordance with the laws of
      the
      State of Delaware and the federal laws of the United States applicable therein.
      We, hereby irrevocably attorn to the jurisdiction of the courts of the State
      of
      Delaware with respect to any matters arising out of this agreement.

     

    
      	12.  	
              Costs

            

    

     

    All
      costs
      and expenses incurred by us (including any fees and disbursements of any counsel
      retained by us) relating to the purchase by us of the Units or the issuance
      of
      Common Shares issuable upon the exercise of the Warrants shall be borne by
      us.

     

    
      	13.  	
              Assignment

            

    

     

    This
      agreement is not transferable or assignable, in whole or in part, by us or
      (if
      applicable) by others on whose behalf we are contracting hereunder.

     

    
      	14.  	
              Enurement

            

    

     

    This
      agreement will be binding upon and enure to the benefit of the parties hereto
      and their respective successors and assigns.

     

    
      
        
        

      

      
        A-7

        
          

        

      

      
        
        

      

    

    
       

      
        	16
                  	
                
                  Entire
                    Agreement and
                    Headings

                

              

      

    

     

    This
      agreement (including the schedules hereto) contains the entire agreement of
      the
      parties hereto relating to the subject matter hereof and there are no
      representations, covenants or other agreements relating to the subject matter
      hereof except as stated or referred to herein. This agreement may be amended
      or
      modified in any respect by written instrument only. The headings contained
      herein are for convenience only and shall not affect the meanings or
      interpretation hereof.

    
      
         

        
          	17.   	
                  
                    
                      Time
                        of
                        Essence

                    

                  

                

        

      

       

    

    Time
      shall be of the essence of this agreement.

    
      
        
           

          
            	18.   	
                    
                      
                        
                          Counterparts
                            and Facsimile
                            Deliveries

                        

                      

                    

                  

          

        

      

    

     

    This
      agreement may be executed in one or more counterparts, each of which
      counterparts when executed shall constitute an original and all of which
      counterparts so executed shall constitute one and the same instrument. The
      Corporation shall be entitled to rely on delivery of a facsimile copy of this
      agreement, including the completed schedules attached hereto, and acceptance
      by
      the Corporation of any such facsimile copy shall be legally effective to create
      a valid and binding agreement between the parties hereto in accordance with
      the
      terms hereof. Notwithstanding the foregoing, the undersigned shall deliver
      to
      the Corporation at the address specified in Section 3
      hereof,
      an originally executed copy of this agreement, including the schedules attached
      hereto, within two business days of Closing.

     

    
      
        
        

      

      
        A-8

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      "B"

    

    UNITED
      STATES RESIDENTS ONLY

    

    
      	TO:	
              WESCORP
                ENERGY INC.

            

    

     

    The
      undersigned ("Subscriber") hereby represents, covenants and certifies to Wescorp
      Energy Inc that the Subscriber is:

     

    
      	1.  	
              purchasing
                the securities of the Corporation as
                principal;

            

    

     

    
      	2.  	
              it
                or its disclosed principal is resident in or subject to the laws
                of the
                United States; and

            

    

     

    
      	3.  	
              it
                or its disclosed principal is an "accredited investor" (as that term
                is
                defined in Regulation D under the U.S. Securities Act) by virtue
                of
                satisfying the indicated criteria on Appendix 1
                hereto.

            

    

     

    DATED
      this______ day
      of
      __________________,
      20___.

     

    
      	 	
              Name of Entity

               

               

            
	 	
              
                

              

              Authorized Signature

            
	 	
               

               

              
                

              

              Print Name of
                Signatory

            

    

     

    
      
        
        

      

      
        B-1

        
          

        

      

      
        
        

      

    

    Appendix
      1

    To
      Schedule "B"

    

    The
      undersigned represents, warrants and certifies that he/she or its disclosed
      purchaser is [PLEASE
      INITIAL OR PUT A CHECKMARK ON THE LINE TO THE LEFT OF THE APPLICABLE
      ITEM]

    

      
        	 ___________	 	
                (a)  

              	 	
                A
                  bank as defined in section 3(a)(2) of the U.S. Securities Act or
                  a savings
                  and loan association or other institution as defined in section
                  3(a)(5)(A)
                  of the U.S. Securities Act whether acting in its individual or
                  fiduciary
                  capacity;

              
	 	 	 	 	 
	 ___________	 	
                (b)  

              	 	
                A
                  broker or dealer registered pursuant to section 15 of the Securities
                  Exchange Act of 1934
                  (United States);

              
	 	 	 	 	 
	 ___________	 	
                (c)  

              	 	
                An
                  insurance company as defined in section 2(a)(13) of the U.S. Securities
                  Act;

              
	 	 	 	 	 
	 ___________ 	 	
                (d)  

              	 	
                An
                  investment company registered under the Investment
                  Company Act of 1940
                  (United States) or a business development company as defined in
                  section
                  2(a)(48) of that Act;

              
	 	 	 	 	 
	 ___________	 	
                (e)  

              	 	
                A
                  Small Business Investment Company licensed by the U.S. Small Business
                  Administration under section 301(c) or (d) of the Small
                  Business Investment Act of 1958 (United
                  States);

              
	 	 	 	 	 
	 ___________ 	 	
                (f)  

              	 	
                A
                  plan established and maintained by a state, its political subdivisions,
                  or
                  any agency or instrumentality of a state or its political subdivision,
                  for
                  the benefit of its employees, if such plan has total assets in
                  excess of
                  $5,000,000; 

              
	 	 	 	 	 
	 ___________	 	
                (g)  

              	 	
                An
                  employee benefit plan within the meaning of the Employee
                  Retirement Income Security Act of 1974
                  (United States) if the investment decision is made by a plan fiduciary,
                  as
                  defined in section 3(21) of such act, which is either a bank, savings
                  and
                  loan association, insurance company, or registered investment adviser,
                  or
                  if the employee benefit plan has total assets in excess of $5,000,000
                  or,
                  if a self-directed plan, with investment decisions made solely
                  by persons
                  that are accredited investors; 

              
	 	 	 	 	 
	 ___________ 	 	
                (h)  

              	 	
                A
                  private business development company as defined in section 202(a)(22)
                  of
                  the Investment
                  Advisers Act of 1940
                  (United States);

              
	 	 	 	 	 
	 ___________	 	
                (i)  

              	 	
                An
                  organization described in section 501(c)(3) of the Internal
                  Revenue Code
                  (United States), corporation, Massachusetts or similar business
                  trust, or
                  partnership, not formed for the specific purpose of acquiring the
                  securities offered, with total assets in excess of
                  $5,000,000;

              
	 	 	 	 	 
	 ___________	 	
                (j)  

              	 	
                A
                  director, executive officer, or general partner of the issuer of
                  the
                  securities being offered or sold, or any director, executive officer,
                  or
                  general partner of a general partner of that issuer;

              
	 	 	 	 	 
	 ___________ 	 	
                (k)  

              	 	
                A
                  natural person who had an individual income in excess of $200,000
                  in each
                  of the two most recent years or joint income with that person’s spouse in
                  excess of $300,000 in each of those years and has a reasonable
                  expectation
                  of reaching the same income level in the current year;

              
	 	 	 	 	 
	 ___________ 	 	
                (l)  

              	 	
                A
                  natural person whose individual net worth, or joint net worth with
                  that
                  person's spouse, exceeds $5,000,000;

              
	 	 	 	 	 
	 ___________ 	 	
                (m)  

              	 	
                A
                  trust, with total assets in excess of $5,000,000, not formed for
                  the
                  specific purpose of acquiring the securities offered, whose purchase
                  is
                  directed by a sophisticated person as described in Rule 506(b)(2)(ii);
                  or

              
	 	 	 	 	 
	 ___________ 	 	
                (n)  

              	 	
                An
                  entity in which all of the equity owners are accredited
                  investors.

              

      

    

    
       

    

    
      
        
        

      

      
        B-2PRIVATE
      PLACEMENT SUBSCRIPTION AGREEMENT

     

    (For
      purchasers resident in Alberta and Ontario)

     

    
      	TO:	
              WESCORP
                ENERGY INC. (the
                "Corporation")

            

    

     

    
      	AND
              TO:	
              BRYAN
                & COMPANY LLP, Barristers and Solicitors 
                2600,
                  10180 - 101 Street

                Edmonton,
                  AB T5J 3Y2

                Attention:
                  Robert J. Bruggeman

              

            

    

    

    Private
      Placement of up to 10,000,000 units (the “Units”) at US$0.50 per Unit, each Unit
      consisting of one share of common stock with a par value of $0.0001 (a “Common
      Share”) and one non-transferable share purchase warrant (a “Warrant”). Each
      Warrant will entitle the Subscriber to subscribe for one additional Common
      Share
      at a price of US$0.75 per share at any time up to 4:00 p.m. (the "Time of
      Expiry") local time in Edmonton, Alberta on that date which is 24 months from
      the date of issue (the "Expiry Date"). After six months from the date of issue,
      the Warrants shall be deemed exercised, in accordance with their terms, at
      any
      time prior to the Time of Expiry on the Expiry Date if the weighted average
      trading price of the Corporation's Common Shares as traded on the NASD OTC
      Bulletin Board for the previous ten (10) trading days was at least $1.50 per
      Common Share. In the event that the aggregate exercise price for the Warrants
      is
      not tendered to the Corporation with 30 days of their deemed exercise, at the
      option of the Corporation, such Warrants will be deemed cancelled and of no
      force and effect. The Units, the Common Shares, and the Warrants are
      collectively referred to in this Agreement as the “Securities”.

    

    Subject
      to the terms and conditions contained in this subscription agreement, including
      the terms and conditions set forth in Schedule “A” hereto, we, the undersigned,
      hereby irrevocably subscribe for and agree to purchase Units of the Corporation
      in the amount set forth below.

    
      	
               

              (Name
                of Subscriber - please print)

               

              By:
                 

              (Authorized
                Signature)

               

               

              (Official
                Capacity or Title - please print)

               

               

              (Please
                print name of individual whose signature appears above if different
                than
                the name of the Subscriber printed above.)

               

              Register
                Units as set forth below:

               

               

              (Name)

               

               

              (Account
                Reference, if applicable)

               

               

              (Subscriber's
                address)

               

               

               

               

              (Telephone
                Number)

               

               

              (Fax
                Number)

               

               

              (Email
                Address)

            	 	
               

               

               

              Principal
                Amount of Units Purchased 

               

               

               

              Number
                of securities of the Corporation held prior to purchase of the
                Units

               

              Deliver
                the Units as set forth below:

               

               

               

              (Name)

               

               

              (Account
                reference, if applicable)

               

               

               

              (Contact
                Name)

               

               

              (Address)

               

               

              (Telephone
                Number)

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    All
      dollar amounts referred to in this agreement are in US dollars.

     

    These
      securities are restricted securities as that term is defined in Rule 144 under
      the United States Securities Act of 1933 (the “U.S. Securities Act”). As
      restricted securities, they may be resold only in accordance with Rule 144
      or
      Regulation S under the U.S. Securities Act or pursuant to an effective
      registration statement under the U.S. Securities Act or an exemption from the
      U.S. Securities Act. Hedging transactions involving these securities may not
      be
      conducted unless in compliance with the U.S. Securities Act.

     

    These
      securities have not been registered with the United States Securities and
      Exchange Commission or the securities commission of any state. This subscription
      agreement does not constitute an offer to sell nor a solicitation of an offer
      to
      buy the securities in any jurisdiction in which such offer or solicitation
      would
      be unlawful. The securities may not be resold or transferred except as permitted
      pursuant to registration under the U.S. Securities Act or an exemption from
      it.

     

    These
      securities have not been recommended by any federal or state securities
      commission or regulatory authority. Furthermore, the foregoing authorities
      have
      not reviewed, confirmed or determined the accuracy or adequacy of this document.
      Any representation to the contrary is a criminal offense.

     

    
      ACCEPTANCE:
        The Corporation hereby accepts the above subscription this _____ day
        of
        ______________, 2006.

       

      
        	 	 	 
	 	
                WESCORP
                  ENERGY INC.

              
	 
 	 
 	 
 
	
              	
                Per: 

              	
              
	 	
                

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    SCHEDULE
      "A"

     

    TERMS
      AND CONDITIONS OF SUBSCRIPTION FOR 

     

    UNITS
      OF WESCORP ENERGY INC.

     

    
      	1.	
              Acknowledgements
                re: Hold Periods and Resale
                Restrictions

            

    

     

    We
      understand and acknowledge the following:

     

    
      	
            	(a)	
              the
                Warrants are not assignable or transferable without the prior written
                consent of the Corporation;

            

    

     

    
      	
            	(b)	
              Warrants
                may be exercised- in full or in part- by tendering notice and funds
                to the
                corporation, at any time up to 4 pm, the “time of expiry”, 24 months from
                the date of issue. At the “time of expiry” any remaining unexercised
                Warrants shall be “deemed exercised” ;the Warrants shall be deemed
                exercised, in accordance with their terms, at any time after six
                months
                from the date of issue and prior to the Time of Expiry on the Expiry
                Date
                if the weighted average trading price of the Corporation’s Common Shares
                as traded on the NASD OTC Bulletin Board for the previous ten(10)
                trading
                days was at least $1.50 per Common
                Share;

            

    

     

    
      	
            	(c)	
              notwithstanding
                the deemed exercise of the Warrants, the Corporation shall not be
                obligated to issue the Common Shares issuable on the exercise of
                the
                Warrants unless and until the exercise price has been tendered to
                the
                Corporation and all other terms and conditions of the certificates
                representing the Warrants have been complied with by the
                holder;

            

    

     

    
      	
            	(d)	
              in
                the event that the aggregate exercise for the Warrants is not tendered
                to
                the Corporation with 30 days of their deemed exercise, at the option
                of
                the Corporation, such Warrants will be deemed cancelled and of no
                force
                and effect;

            

    

     

    
      	
            	(e)	
              we
                have been advised to consult our own legal advisers in connection
                with any
                applicable statutory hold periods and resale restrictions, both in
                Canada
                and in the United States, relating to the Units and the Common Shares
                issuable upon the exercise of the Warrants and no representation
                has been
                made by the Corporation or its representatives respecting the applicable
                statutory hold period or resale
                restrictions;

            

    

     

    
      	
            	(f)	
              we
                are solely responsible (and the Corporation is not in any way responsible)
                for compliance with applicable hold periods and resale restrictions,
                including without limitation the filing of any documentation and,
                if
                applicable, the payment of any fees with any applicable securities
                regulatory authority, and we, and (if applicable) others on whose
                behalf
                we are contracting hereunder, are aware that we, and (if applicable)
                such
                others, may not be able to resell the Units or the Common Shares
                issuable
                upon the exercise of the Warrants except in accordance with limited
                exceptions under applicable securities legislation and regulatory
                policy
                and we and (if applicable) others on whose behalf we are contracting
                hereunder, will not sell, resell or otherwise transfer the Units
                and the
                Common Shares issuable upon the exercise of the Warrants except in
                compliance with applicable laws;
                and

            

    

     

    
      	
            	(g)	
              we,
                on our own behalf and (if applicable) on behalf of others for whom
                we are
                contracting hereunder, specifically agree that we will not offer,
                sell,
                pledge or otherwise transfer the Units or the Common Shares issuable
                upon
                the exercise of the Warrants except: (i) to the Corporation; (ii)
                or
                inside the United States in a transaction, (A) made in compliance
                with an
                exemption from registration under the U.S. Securities Act provided
                by Rule
                144 or Rule 144A thereunder, if available, and any applicable state
                securities laws of the United States or (B) in a transaction exempt
                from
                registration requirements under the U.S. Securities Act and any applicable
                state securities laws of the United States; we understand that the
                Units
                and the Common Shares issuable upon the exercise of the Warrants
                will bear
                a legend to the foregoing effect and that prior to any transfer pursuant
                to the foregoing clauses (ii) and (iii), the Corporation may require
                that
                the seller furnish the Corporation and the Corporation's transfer
                agent
                with an opinion of counsel of recognized standing, in substance and
                form
                satisfactory to the Corporation, that such transfer is exempt from
                registration under the U.S. Securities Act and any applicable state
                securities laws; we understand and acknowledge that the certificates
                for
                the Units and the Common Shares issuable upon the exercise of the
                Warrants
                and any certificates issued in replacement thereof or exchange therefor,
                shall have endorsed thereon a legend reflecting such restrictions
                on
                transfer and we understand and acknowledge that the Corporation is
                not
                obligated to file and has no present intention of filing with the
                United
                States Securities and Exchange Commission or with any state securities
                administrator or commission any registration statement in respect
                of
                resales of the Units or the Common Shares issuable upon the exercise
                of
                the Warrants in the United States.

            

    

     

    
      
        
        

      

      
        A-1

        
          

        

      

      
        
        

      

    

     

    
      	2.	
              Delivery
                and Payment

            

    

     

    We
      agree
      that the following must be delivered to
      the
      Corporation c/o Bryan & Company LLP, Barristers and Solicitors, 2600
      Manulife Place, 10180 - 101 Street, Edmonton, Alberta T5J 3Y2, Attention: Robert
      J. Bruggeman, or by fax at (780) 428-6324:

     

    
      	
            	(a)	
              a
                certified cheque, bank draft, money order or wire transfer payable
                to
                “Bryan
                & Company LLP In Trust”,
                representing the aggregate purchase price payable by us for the Units,
                unless other payment arrangements acceptable to the Corporation have
                been
                made. The entire purchase price for the Units must be paid at the
                time of
                subscription;

            

    

     

    
      	
            	(b)	
              one
                completed and duly signed copy of this subscription agreement together
                with the exemption certification completed in the forms attached
                hereto as
                Schedule "B" or Schedule "C" as
                applicable;

            

    

     

    
      	
            	(c)	
              such
                other documents as may be required pursuant to terms of this subscription
                agreement; and

            

    

     

    
      	
            	(d)	
              all
                other documentation as may be required by applicable securities
                legislation.

            

    

     

    
      	3.	
              Closing

            

    

     

    The
      Units
      herein subscribed for will be issued in connection with the creation, issue
      and
      sale (the "Offering") of Units totalling, in the aggregate, a minimum of
      US$500,000 (the "Minimum Amount") and up to a maximum of US$5,000,000 (the
      "Maximum Amount"). 

     

    Delivery
      of and payment for the Units (the “Closing”) will be completed at the offices of
      Bryan & Company LLP, 2600 Manulife Place, 10180 - 101 Street, Edmonton,
      Alberta T5J 3Y2 upon the Corporation receiving subscriptions for at least the
      Minimum Amount. After receiving the Minimum Amount, the Corporation contemplates
      multiple Closings which will take place on such dates as may be determined
      by
      the Corporation until the Maximum Amount is achieved. Prior to acceptance of
      this subscription by the Corporation, the Corporation is at liberty to terminate
      the Offering at any time (whether or not the Minimum Amount is achieved) should
      market conditions change.

     

    This
      subscription is subject to acceptance by the Corporation, as described below.
      Unless other arrangements have been made with the Corporation, certificates
      endorsed by the Corporation representing that the Common Shares and Warrants
      will be available for delivery to us in Edmonton, Alberta, at Closing against
      payment of the aggregate purchase price for the Units. If we choose not to
      attend the Closing to receive the certificates representing the Units, then
      the
      Corporation will deliver such certificates to us at the address set out for
      delivery on page 1 of this subscription agreement promptly after the
      Closing.

     

    
      
        
        

      

      
        A-2

        
          

        

      

      
        
        

      

    

     

    In
      the
      event that the Minimum Amount is not achieved on or before July 31, 2006, all
      subscription funds shall be returned without interest or deduction.

     

    
      	4.	
              Acceptance
                of Subscription

            

    

     

    This
      subscription may be accepted in whole or in part and the right is reserved
      to
      the Corporation to allot to any subscriber less than the amount of the Units
      subscribed for. Without limiting the generality of the foregoing, this
      subscription shall not be accepted if the amount of the Units subscribed for
      is
      less than the Minimum Subscription Amount. Confirmation of acceptance or
      rejection of this subscription will be forwarded to us promptly after the
      acceptance or rejection of this subscription by the Corporation. If this
      subscription is rejected in whole, we understand that any certified cheques
      or
      bank drafts delivered by us to the Corporation representing the purchase price
      for the Units will be promptly returned to us without interest. If this
      subscription is accepted only in part, we understand that a cheque representing
      the purchase price for that portion of our subscription which is not accepted
      will be promptly delivered to us, without interest.

     

    
      	5.	
              Acknowledgements
                re: Prospectus Exemptions,
                etc.

            

    

     

    We
      acknowledge and agree that the sale of the Units to us, or (if applicable)
      to
      such others, is conditional upon, among other things:

     

    
      	
            	(a)	
              such
                sale being exempt from the prospectus filing requirements and the
                requirements for the delivery of an offering memorandum (as defined
                in any
                applicable Canadian securities legislation), of all applicable securities
                legislation relating to such sale or upon the issuance of such rulings,
                orders, consents or approvals as may be required to permit such sale
                without the requirement of filing a prospectus or delivering an offering
                memorandum; and 

            

    

     

    
      	
            	(b)	
              the
                Corporation obtaining any necessary regulatory
                approvals.

            

    

     

    We
      also
      acknowledge and agree, that:

     

    
      	
            	(a)	
              we
                have not received, requested or been provided with, nor have any
                need to
                receive, a prospectus, offering memorandum (as defined in any applicable
                Canadian securities legislation) or similar disclosure document relating
                to the offering of the Units and/or the business and affairs of the
                Corporation and that the decision to enter into this subscription
                agreement and purchase the Units has not been based upon any verbal
                or
                written representation as to fact or otherwise made by or on behalf
                of the
                Corporation or any officer, director, employee or agent of the Corporation
                and that such decision is based entirely upon information set out
                in this
                subscription agreement and currently available public information
                concerning the Corporation;

            

    

     

    
      	
            	(b)	
              there
                has not been any advertisement of the offering of the Units in printed
                public media, radio, television or telecommunications, including
                electronic display such as the Internet or any seminar or meeting
                whose
                attendees have been invited by general solicitation or general
                advertising; 

            

    

     

    
      	
            	(c)	
              no
                agency, governmental authority, regulatory body, stock exchange or
                other
                entity has made any finding or determination as to the merit for
                investment of, nor have any such agencies or governmental authorities
                made
                any recommendation or endorsement with respect to the Units or the
                Common
                Shares underlying the Units;

            

    

     

    
      	
            	(d)	
              no
                prospectus has been filed by the Corporation with a securities commission
                or other securities regulatory authority in any province of Canada
                or any
                other jurisdiction in connection with the issuance of the Units and
                such
                issuances are exempt from the prospectus requirements otherwise applicable
                under the provisions of Canadian securities laws and, as a result,
                in
                connection with our purchase of the Units or the Common Shares underlying
                the Units hereunder:

            

    

     

    
      
        
        

      

      
        A-3

        
          

        

      

      
        
        

      

    

     

    
      	
            	(i)	
              we
                are restricted from using most of the civil remedies available under
                Canadian securities laws;

            

    

     

    
      	
            	(ii)	
              we
                will not receive information that would otherwise be required to
                be
                provided to us under applicable securities laws or contained in a
                prospectus prepared in accordance with applicable securities laws;
                and

            

    

     

    
      	
            	(iii)	
              the
                Corporation is relieved from certain obligations that would otherwise
                apply under such applicable securities
                laws;

            

    

     

    
      	
            	(e)	
              the
                Units are being offered for sale only on a “private placement” basis;
                and

            

    

     

    
      	
            	(f)	
              Bryan
                & Company LLP
                is
                acting as counsel to the Corporation pursuant to the Offering and
                is not
                acting as counsel to the purchasers of the
                Unit.

            

    

     

    We
      acknowledge that the Corporation may be required to provide applicable
      securities regulatory authorities with a list setting forth the identities
      of
      the beneficial purchasers of the Units and we consent to the disclosure of
      any
      such information relating to our subscription hereunder as required for the
      Corporation to properly comply with all regulatory and legislative
      requirements.

     

    We
      understand and acknowledge that: (i) none of the Units or the Common Shares
      underlying the Units have been or will be registered under the United States
      Securities
      Act of 1933,
      as
      amended (the “U.S. Securities Act”) nor any applicable state securities laws and
      may not be offered or sold or re-offered or resold, directly or indirectly,
      in
      the United States or to any U.S. person (as defined in Regulation S under the
      U.S. Securities Act, a “U.S. Person”), unless such securities have been
      registered under the U.S. Securities Act and any applicable state securities
      laws, or are otherwise exempt from such registration; and (ii) certificates
      representing the Units and the Common Shares issuable upon the exercise of
      the
      Warrants and shall bear a legend to such effect.

     

    
      	6.	
              Registration
                Rights

            

    

     

    We
      acknowledge and understand that the investor will be entitled to “piggy-back”
registration rights for the Common Shares and Common Shares issuable upon the
      exercise of the Warrants within the next registration statement the Company
      will
      file with the SEC. We acknowledge and understand that the Corporation will
      file
      a S2SB Registration Application to the SEC within a 45 day period after the
      final closing of this Private Placement and that if the application is not
      filed
      with the SEC within 90 days the final closing, each investor will receive an
      additional 10% of the original units subscribed for.

     

    
      	7.	
              Conditions
                on Closing

            

    

     

    We
      acknowledge and agree that, as the offering of the Units will not be qualified
      by a prospectus, the offering is subject to the condition that we execute and
      return to the Corporation, as applicable, all relevant documentation required
      by
      this subscription agreement, applicable securities legislation, regulations,
      rules and policies and applicable stock exchange rules.

     

    We
      agree
      to: (i) provide the Corporation with such information and documents, including
      certificates, statutory declarations and undertakings, as the Corporation may
      reasonably require from time to time to comply with any filing or other
      requirements under applicable securities legislation, regulations, rules and
      policies and applicable stock exchange rules; and (ii) comply with the
      provisions of any applicable securities legislation, regulations, rules and
      policies and applicable stock exchange rules concerning any resale of the Units
      and the Common Shares issuable upon the exercise of the Warrant.

     

    
      
        
        

      

      
        A-4

        
          

        

      

      
        
        

      

    

     

    
      	8.	
              Representations,
                Warranties and
                Covenants

            

    

     

    We
      represent, warrant and covenant to and with the Corporation (and acknowledge
      that the Corporation is relying thereon) as follows:

     

    
      	
            	(a)	
              Jurisdiction
                of Residence
                -
                we, and any person on whose behalf we are contracting, are resident
                or
                otherwise subject to the applicable securities legislation in the
                jurisdiction set out under “Subscriber's Address” on page 1 of this
                subscription agreement, and the purchase by and sale to us (and any
                person
                on whose behalf we are contracting), of the Units has occurred only
                in
                such jurisdiction. The address set out under “Subscriber’s Address” on
                page 1 was not created and is not used solely for the purpose of
                acquiring
                the Units and we, and any person on whose behalf we are contracting,
                were
                solicited to purchase in such jurisdiction and are acquiring the
                Units for
                our own account, or for the account of a person over which we exercise
                sole investment discretion, and we have the authority to make the
                statements set forth in this subscription agreement. We, and any
                person on
                whose behalf we are contracting, have not been formed solely for
                the
                purpose of entering into the transactions contemplated by this
                subscription agreement;

            

    

     

    
      	
            	(b)	
              Prospectus
                Exempt Purchaser
                (Canadian Purchasers) -
                we
                make the representations, warranties and covenants set out below
                and in
                Schedules "B" or "C" to this subscription agreement, as applicable,
                with
                the Corporation and we may avail ourselves of one or more of the
                categories of prospectus exemptions contemplated therein (PLEASE
                CHECK ONE OF THE BOXES BELOW AND COMPLETE THE APPROPRIATE CERTIFICATE
                IN
                SCHEDULES "B" OR "C" ATTACHED HERETO, AS IS
                APPROPRIATE):

            

    

    
       

    

    
      ACCREDITED
        INVESTOR EXEMPTION: We
        are
        resident in Alberta or Ontario, we are purchasing as principal and we are
        “accredited investors” within the meaning of National Instrument 45-106, by
        virtue of falling within one of the categories of "accredited investor" set
        forth in Schedule "B" attached hereto (PLEASE
        CHECK THE APPROPRIATE CATEGORY IN SCHEDULE "B" ATTACHED
        HERETO);
        OR

    

     

      THE
        FAMILY, FRIENDS AND BUSINESS ASSOCIATES EXEMPTION:
        We are
        resident in Alberta, we are purchasing as principal and we fall within one
        of
        the categories set forth in Schedule "C" attached hereto (PLEASE
        CHECK THE APPROPRIATE CATEGORY IN SCHEDULE "C" ATTACHED
        HERETO);

    

     

    
      	
            	(c)	
              Offshore
                Transaction - we
                represent and warrant to the Corporation that (i) we are not a “U.S.
                person” as that term is defined in Rule 902(c) of Regulation S; (ii) at
                the time of execution of this agreement, we were outside the United
                States
                and no offer of the Units was made to us within the United States;
                (iii)
                we purchased the Units for our own account and not on behalf of any
                U.S.
                person, and the sale of the Units has not been prearranged with any
                buyer
                in the United States; and (iv) we are not a distributor as defined
                in
                Regulation S. We will not, before the expiration of one year from
                the
                Closing (the “Restricted Period”), offer or sell the Units to U.S. persons
                or for the account or benefit of U.S. persons and will offer and
                sell the
                Units or the Common Shares issuable upon the exercise of the Warrants
                only
                in compliance with the provisions of Regulation S or a valid and
                effective
                registration statement covering the Units of the Common
                Shares.

            

    

     

    
      	
            	(d)	
              Legend
                -
                upon the original issuance thereof, and until such time as the same
                is no
                longer required under applicable requirements of the U.S. Securities
                Act
                or applicable state securities laws, or Canadian securities laws
                the
                certificates representing the Units and the Common Shares issuable
                upon
                the exercise of the Warrants and all certificates issued in exchange
                therefor or in substitution thereof, shall bear a legend in substantially
                the form set forth below:

            

    

     

    “THE
      SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES
      SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”), OR ANY STATE
      SECURITIES LAWS, AND MAY BE OFFERED, SOLD, PLEDGED, TRANSFERRED OR OTHERWISE
      DISPOSED OF ONLY (A) TO THE CORPORATION; (B) PURSUANT TO A REGISTRATION
      STATEMENT WITH RESPECT TO SUCH SECURITIES WHICH HAS BEEN DECLARED EFFECTIVE
      UNDER THE U.S. SECURITIES ACT; (C) WITHIN THE UNITED STATES IN A TRANSACTION
      THAT DOES NOT REQUIRE REGISTRATIONS UNDER THE U.S. SECURITIES ACT OR APPLICABLE
      STATE SECURITIES LAWS, AND THE SELLER HAS FURNISHED TO THE CORPORATION AN
      OPINION TO SUCH EFFECT FROM COUNSEL OF RECOGNIZED STANDING REASONABLY
      SATISFACTORY TO THE CORPORATION PRIOR TO SUCH OFFER, SALE OR
      TRANSFER.”

     

    
      
        
        

      

      
        A-5

        
          

        

      

      
        
        

      

    

     

    "UNLESS
      PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT
      TRADE THE SECURITY BEFORE THE DATE THAT IS FOUR (4) MONTHS AND ONE (1) DAY
      AFTER
      THE LATTER OF [(i)THE
      DISTRIBUTION DATE];
      AND (ii) THE DATE THE ISSUER BECAME A REPORTING ISSUER IN THE PROVINCE OR
      TERRITORY."

     

    provided,
      that if the Units or Common Shares issuable upon the exercise of the Warrants
      are being sold outside the United States in compliance with the requirements
      of
      Rule 904 of Regulation S under the U.S. Securities Act, the seller shall provide
      the Corporation with a declaration in the form attached hereto as Schedule
      “D”;

     

    
      	
            	(e)	
              Investment
                Intent - we
                are acquiring the Units for our own account (or a trust account if
                the
                subscriber is a trustee) and not as a nominee. We understand that the
                purchase of the Units involves a high degree of risk and that we
                must bear
                the economic risk of this investment indefinitely unless sale of
                the Units
                is registered pursuant to the U.S. Securities Act, or an exemption
                from
                registration for their sale is available. We understand that, in
                the view
                of the United States Securities and Exchange Commission, the statutory
                basis for the exemption claimed for this transaction would not be
                present
                if the offering of the Units, although in technical compliance with
                Regulation S, is part of a plan or scheme to evade the registration
                provisions of the U.S. Securities Act. We are acquiring the Units
                for
                investment purposes.

            

    

     

    
      	
            	(f)	
              General
                Solicitation in the U.S. -
                we, on our own behalf and (if applicable) on behalf of others for
                whom we
                are contracting hereunder, acknowledge that we have not purchased
                the
                Units as a result of any general solicitation or general advertising,
                as
                such terms are used in Regulation D under the U.S. Securities Act,
                including without limitation, advertisements, articles, notices or
                other
                communications published in any newspaper, magazine or similar media,
                or
                broadcast over radio or television, or any seminar or meeting whose
                attendees have been invited by general solicitation or general
                advertising;

            

    

     

    
      	
            	(g)	
              No
                Sale in Violation of the Securities Laws -
                we covenant that we will not knowingly sell, transfer or otherwise
                dispose
                of the Units in violation of the U.S. Securities Act, the Securities
                Exchange Act of 1934, as amended (the “Exchange Act”) or the rules and
                regulations of the Securities and Exchange Commission. We will only
                offer
                and sell the Units pursuant to an effective registration statement
                under
                the U.S. Securities Act or an exemption from the registration provisions
                of the U.S. Securities Act or outside the United States in accordance
                with
                applicable securities laws.

            

    

     

    
      	
            	(h)	
              Resale
                Restrictions - we
                have been independently advised as to, and are aware of the restrictions
                with respect to trading in the Units and Common Shares underlying
                the
                Units pursuant to the applicable securities laws and any applicable
                stock
                exchanges;

            

    

     

    
      	
            	(i)	
              Due
                Execution and Delivery - we
                are responsible for obtaining such legal advice as we consider necessary
                in connection with the execution, delivery and performance by us
                of this
                agreement and the transactions contemplated herein and we represent
                and
                warrant that such execution, delivery and performance shall not contravene
                any applicable laws of the jurisdiction in which we are resident;
                

            

    

     

    
      	
            	(j)	
              Independent
                Tax Advice - we
                are solely responsible for obtaining such advice concerning the tax
                consequences of our investment in the Units and we are not relying
                on the
                Corporation for advice concerning such tax
                consequences;

            

    

     

    
      
        
        

      

      
        A-6

        
          

        

      

      
        
        

      

    

     

    
      	
            	(k)	
              Capacity
                -
                if we and, if applicable, any person on whose behalf we are contracting
                (i) are an individual, we have attained the age of majority and are
                legally competent to execute this subscription agreement and to perform
                all actions required pursuant hereto; or (ii) are a corporation,
                partnership, unincorporated association or other entity, we, as the
                case
                may be, have the legal capacity and competence to enter into and
                be bound
                by this subscription agreement and we further certify that all necessary
                approvals of directors, shareholders or otherwise have been given
                and
                obtained;

            

    

     

    
      	
            	(l)	
              Authority
                -
                the entering into of this subscription agreement and the completion
                of the
                transactions contemplated herein will not result in the violation
                of any
                of the terms and provisions of any law applicable to, or the constating
                documents of, us or any purchaser on whose behalf we are contracting
                or of
                any agreement, written or oral, to which we are or such other purchaser
                is
                a party or by which we or such other purchaser are
                bound;

            

    

     

    
      	
            	(m)	
              Enforceability
                -
                this subscription agreement has been duly and validly authorized,
                executed
                and delivered by us and, upon acceptance by the Corporation this
                subscription agreement will constitute a legal, valid and binding
                contract
                of ours, enforceable against us, in accordance with its
                terms;

            

    

     

    
      	
            	(n)	
              No
                Representation re: Resale, Refund, Future Price or
                Listing
                -
                no person has made any written or oral representation to
                us:

            

    

     

    
      	
            	(i)	
              that
                any person will resell or repurchase the Units or the Common Shares
                underlying the Units;

            

    

     

    
      	
            	(ii)	
              that
                any person will refund the purchase price of the Units or the Common
                Shares underlying the Units other than as may be provided in this
                subscription agreement; or

            

    

     

    
      	
            	(iii)	
              relating
                to the future price or value of the Units or the Common Shares underlying
                the Units.

            

    

     

    
      	
            	(o)	
              Investment
                Experience - we
                have knowledge and experience with respect to investments of this
                type
                enabling us, to evaluate the merits and risks thereof and the capacity
                to
                obtain competent independent business, legal and tax advice regarding
                this
                investment;

            

    

     

    
      	
            	(p)	
              Investment
                Intent -
                we
                are subscribing for the Units as principal for
                our own account and not for the benefit of any other person (within
                the
                meaning of applicable securities legislation) and not with a view
                to
                resale or distribution of all or any of the Units or the Common Shares
                underlying the Units, or in the case of a subscription for the Units,
                by
                us acting as trustee or agent (including, for greater certainty,
                a
                portfolio manager or comparable adviser) for a principal, that we
                are duly
                authorized to execute and deliver this subscription agreement and
                all
                other necessary documentation in connection with such subscription
                on
                behalf of each such beneficial person, each of whom is subscribing
                as
                principal for its own account, not for the benefit of any other person
                and
                not with a view to the resale or distribution of the
                Units;

            

    

     

    
      	
            	(q)	
              Share
                Ownership
                -
                we own that number and type of securities of the Corporation set
                forth on
                page 1 of this subscription agreement;
                and

            

    

     

    We
      acknowledge that the foregoing representations and warranties are made by us
      with the intent that they may be relied upon in determining our eligibility
      and
      the eligibility of any person on whose behalf we are contracting, to purchase
      the Units under relevant securities legislation and we hereby agree, on our
      own
      behalf and on behalf of any person on whose behalf we are contracting, to
      indemnify the Corporation against all losses, claims, costs, expenses and
      damages and other liabilities which it may suffer or incur as the result of
      or
      arising from the reliance by the Corporation on any such representation or
      warranty. We further agree that by accepting the Units we shall be representing
      and warranting that the foregoing representations and warranties are true as
      at
      Closing, with the same force and effect as if they had been made by us on such
      date and that they will survive the purchase by us of the Units and will
      continue in full force and effect notwithstanding any subsequent disposition
      by
      the us of the Units.

     

    
      
        
        

      

      
        A-7

        
          

        

      

      
        
        

      

    

     

    
      
        	9.	
                Commissions

              

      

    

     

    We
      acknowledge that the Corporation may pay cash commission, in accordance with
      all
      regulatory requirements, to agents for obtaining subscriptions in connection
      with the offering. The Corporation has retained non-exclusive agents for this
      offering. 

     

    
      	10.	
              Survival

            

    

     

    This
      subscription agreement, including without limitation the representations,
      warranties and covenants contained herein, shall survive and continue in full
      force and effect and be binding upon the Corporation and the undersigned for
      a
      period of three years from Closing notwithstanding the issuance of the Units
      or
      the Common Shares issuable upon the exercise of the Warrants.

     

    
      	11.	
              Governing
                Law

            

    

     

    This
      agreement shall be governed by and construed in accordance with the laws of
      the
      Province of Alberta and the federal laws of Canada applicable therein. We,
      hereby irrevocably attorn to the jurisdiction of the courts of the Province
      of
      Alberta with respect to any matters arising out of this agreement.

     

    
      	12.	
              Costs

            

    

     

    All
      costs
      and expenses incurred by us (including any fees and disbursements of any counsel
      retained by us) relating to the purchase by us of the Units or the issuance
      of
      Common Shares issuable upon the exercise of the Warrants shall be borne by
      us.

     

    
      	13.	
              Assignment

            

    

     

    This
      agreement is not transferable or assignable, in whole or in part, by us or
      (if
      applicable) by others on whose behalf we are contracting hereunder.

     

    
      	14.	
              Enurement

            

    

     

    This
      agreement will be binding upon and enure to the benefit of the parties hereto
      and their respective successors and assigns.

     

    
      	16	
              Entire
                Agreement and Headings

            

    

     

    This
      agreement (including the schedules hereto) contains the entire agreement of
      the
      parties hereto relating to the subject matter hereof and there are no
      representations, covenants or other agreements relating to the subject matter
      hereof except as stated or referred to herein. This agreement may be amended
      or
      modified in any respect by written instrument only. The headings contained
      herein are for convenience only and shall not affect the meanings or
      interpretation hereof.

     

    
      	17.	
              Time
                of Essence

            

    

     

    Time
      shall be of the essence of this agreement.

     

    
      	18.	
              Counterparts
                and Facsimile
                Deliveries

            

    

     

    This
      agreement may be executed in one or more counterparts, each of which
      counterparts when executed shall constitute an original and all of which
      counterparts so executed shall constitute one and the same instrument. The
      Corporation shall be entitled to rely on delivery of a facsimile copy of this
      agreement, including the completed schedules attached hereto, and acceptance
      by
      the Corporation of any such facsimile copy shall be legally effective to create
      a valid and binding agreement between the parties hereto in accordance with
      the
      terms hereof. Notwithstanding the foregoing, the undersigned shall deliver
      to
      the Corporation at the address specified in Section 3
      hereof,
      an originally executed copy of this agreement, including the schedules attached
      hereto, within two business days of Closing.

     

    
      
        
        

      

      
        A-8

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      "B"

     

    ALBERTA
      AND ONTARIO RESIDENTS ONLY

     

    TO: WESCORP
      ENERGY INC.

     

    The
      undersigned ("Subscriber") hereby represents, covenants and certifies to Wescorp
      Energy Inc that the Subscriber is:

     

    1.    purchasing
      the securities of the Corporation as principal;

     

    2.    it
      or its
      disclosed principal is resident in or subject to the laws of the Province of
      Alberta or the Province of Ontario, and

     

    3.    it
      or its
      disclosed principal is an "accredited investor" (as that term is defined in
      National Instrument 45-106) by virtue of satisfying the indicated criteria
      on
      Appendix I hereto.

     

    DATED
      this ___________ day
      of
      ________________________________,
      20__.

     

    
      	 	 	 
	 	 	
              Name
                of Entity

            
	 	 	 
	 	 	 
	 	 	
              

              Authorized
                Signature

            
	 	 	 
	 	 	 
	 	 	
              

              Print
                Name of Signatory

            
	
            	
            	
            

    

     

    
      
        
        

      

      
        B-1

        
          

        

      

      
        
        

      

    

     

    APPENDIX
      I TO SCHEDULE "B"

     

    The
      undersigned represents, warrants and certifies that the Subscriber falls within
      the category of "Accredited Investor" which is initialled
      below:

     

    
      	
              ________  

            	
              (a)  

            	
              a
                Canadian financial institution or an authorized foreign bank listed
                in
                Schedule III of the Bank
                Act (Canada);

            
	 	 	 
	
              
                ________  

              

            	
              (b)  

            	
              the
                Business Development Bank incorporated under the Business
                Development Bank of Canada Act (Canada);

            
	 	 	 
	
              
                ________  
  

            	
              (c)  

            	
              a
                subsidiary of any person referred to in paragraphs (a) to (b), if
                the
                person owns all of the voting securities of the subsidiary, except
                the
                voting securities required by law to be owned by directors of that
                subsidiary;

            
	 	 	 
	
              
                ________  
  

            	
              (d)  

            	
              a
                person registered under the securities legislation of a jurisdiction
                of
                Canada, as an adviser or dealer, other than a limited market dealer
                registered under the Securities
                Act
                (Ontario) or the Securities
                Act
                (Newfoundland and Labrador);

            
	 	 	 
	
              
                ________  
  

            	
              (e)  

            	
              an
                individual registered or formerly registered under the securities
                legislation of a jurisdiction of Canada, as a representative of a
                person
                referred to in paragraph (d);

            
	 	 	 
	
              
                ________  
  

            	
              (f)  

            	
              the
                government of Canada or a jurisdiction of Canada, or any crown Company,
                agency or wholly-owned entity of the government of Canada or a
                jurisdiction of Canada;

            
	 	 	 
	
              
                ________  
  

            	
              (g)  

            	
              a
                municipality, public board or commission in Canada and a metropolitan
                community, school board, the comité de gestion de la taxe solaire do l'ile
                de Montreal or an intermunicipal management board in
                Quebec;

            
	 	 	 
	
              
                ________  
  

            	
              (h)  

            	
              a
                national, federal, state, provincial, territorial or municipal government
                of or in any foreign jurisdiction, or any agency of that
                government;

            
	 	 	 
	
              
                ________  
  

            	
              (i)  

            	
              a
                pension fund that is regulated by either the Office of the Superintendent
                of Financial Institutions (Canada) or a pension commission or similar
                regulatory authority of a jurisdiction of Canada;

            
	 	 	 
	
              
                ________  
  

            	
              (j)  

            	
              an
                individual who, either alone or with a spouse, beneficially owns,
                directly
                or indirectly, financial assets having an aggregate realizable value
                that
                before taxes, but net of any related liabilities, exceeds
                Cdn.$1,000,000;

            
	 	 	 
	
              
                ________  
  

            	
              (k)  

            	
              an
                individual whose net income before taxes exceeded Cdn.$200,000 in
                each of
                the two most recent calendar years or whose net income before taxes
                combined with that of a spouse exceeded Cdn.$300,000 in each of the
                two
                most recent calendar years and who, in either case, has a reasonable
                expectation of exceeding the same net income level in the current
                calendar
                year;

            
	 	 	 
	
              
                ________  
  

            	
              (l)  

            	
              an
                individual who, either alone or with a spouse, has net assets of
                at least
                $5,000,000;

            
	 	 	 
	
              
                ________  

                 
  

            	
              (m)  

            	
              a
                person, other than an investment fund, that has net assets of at
                least
                Cdn.$5,000,000 as shown on its most recently prepared financial
                statements;

            

    

     

    
      
        
        

      

      
        B-2

        
          

        

      

      
        
        

      

    

     

    
      	
              
                ________  
  

            	
              (n)  

            	
              an
                investment fund that distributes or has distributed its securities
                only to
                (i) a person that is or was an accredited investor at the time of
                the
                distribution, (ii) a person that acquires or acquired securities
                in the
                circumstances referred to in section 2.10 (minimum investment amount)
                of
                National Instrument 45-106, and section 2.1.9 (additional investment
                in
                investment funds) of National Instrument 45-106, or (iii) a person
                described in paragraphs (i) or (ii) that acquires or acquired securities
                under section 2.8 (investment funds reinvested) of National Instrument
                45-106;

            
	 	 	 
	
              
                ________  
  

            	
              (o)  

            	
              an
                investment fund that distributes, or has distributed securities under
                a
                prospectus in a jurisdiction of Canada for which the regulator, or,
                in
                Quebec, the securities regulatory authority, has issued a
                receipt;

            
	 	 	 
	
              
                ________  
  

            	
              (p)  

            	
              a
                trust company or trust corporation registered or authorized to carry
                on
                business under the Trust
                and Loan Companies Act
                (Canada) or under comparable legislation in a jurisdiction of Canada
                or a
                foreign jurisdiction, acting on behalf of a fully managed account
                managed
                by the trust company or trust corporation, as the case may
                be;

            
	 	 	 
	
              
                ________  
  

            	
              (q)  

            	
              a
                person acting on behalf of a fully managed account managed by that
                person,
                if that person (i) is registered or authorized to carry on business
                as an
                advisor or the equivalent under the securities legislation of a
                jurisdiction of Canada or a foreign jurisdiction, and (ii) in Ontario,
                is
                purchasing a security that is not a security of an investment
                fund;

            
	 	 	 
	
              
                ________  
  

            	
              (r)  

            	
              a
                registered charity under the Income
                Tax Act
                (Canada) that, in regard to the trade, has obtained advice from an
                eligibility advisor or other advisor or registered to provide advice
                on
                the securities being traded;

            
	 	 	 
	
              
                ________  
  

            	
              (s)  

            	
              an
                entity organized in a foreign jurisdiction that is analogous to any
                of the
                entities referred to in paragraph (a) through (d) and paragraph (i)
                in
                form and function;

            
	 	 	 
	
              
                ________  
  

            	
              (t)  

            	
              a
                person in respect of which all of the owners of interests, direct,
                indirect, or beneficial, except the voting securities required by
                law to
                be owned by directors, are persons that are accredited investors;
                or

            
	 	 	 
	
              
                ________  
  

            	
              (u)  

            	
              an
                investment fund that is advised by a person registered as an advisor
                or a
                person that is exempt from registration and is an advisor, or the
                person
                that is recognized or designated by the securities regulatory authority
                or, except in Ontario and Quebec, the regulator as (i) an accredited
                investor, or (ii) an exempt purchaser in Alberta or British Columbia
                after
                September 14, 2005.

            

    

    
        

    

    For
      the
      purposes hereof:

    

    "eligibility
      advisor"
      means

    

    
      	
              (a)

            	
              a
                person that is registered as an investment dealer or in an equivalent
                category of registration under the securities legislation of the
                jurisdiction of a purchaser and authorized to give advice with respect
                to
                the type of securities being distributed, and

            

      	 	 

    

    
      	
              (b)

            	
              in
                Saskatchewan or Manitoba, also means a lawyer who is a practicing
                member
                in good standing with a law society of a jurisdiction of Canada or
                a
                public accountant who is a member in good standing of an institute
                or
                association of chartered accountants, certified general accountants
                or
                certified management accountants in a jurisdiction of Canada provided
                that
                the lawyer or public accountant must not

            

    

     

    
      
        
        

      

      
        B-3

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (i)
                

            	
              have
                a professional, business or personal relationship with the issuer,
                or any
                of its directors, executive officers, founders or control persons,
                and
                

            

      	 	 	 

    

    
      	 	
              (ii)
                

            	
              have
                acted for or been retained personally or otherwise as an employee,
                an
                executive officer, a director, associate or partner of a person that
                has
                acted for or been retained by the issuer or any of its directors,
                executive officers, founders or control persons within the previous
                12
                months; 

            

    

     

    “EVCC”
means
      an employee venture capital corporation that does not have a restricted
      constitution, and is registered under Part 2 of the Employee
      Investment Act
      (British
      Columbia) and whose business objective is making multiple
      investments;

    

    “financial
      assets”
      means:

    

    
      	
              (a)

            	
              cash,
                

            

      	 	 

    

    
      	
              (b)
                

            	
              securities,
                or 

            

      	 	 

    

    
      	
              (c)
                

            	
              a
                contract or insurance, a deposit or an evidence of a deposit that
                is not a
                security for the purposes of securities
                legislation;

            

    

    

    "investment
      fund"
      means a
      mutual fund or non-redeemable investment fund and, for greater certainty in
      British Columbia, includes an EVCC and a VCC;

    

    "person"
      includes

    

    
      	
              (a)

            	
              an
                individual, 

            

      	 	 

    

    
      	
              (b)
                

            	
              a
                corporation, 

            

      	 	 

    

    
      	
              (c)
                

            	
              a
                partnership, trust, fund and an association, syndicate, organization
                or
                other organized group of persons, whether incorporated or not, and
                

            

      	 	 

    

    
      	
              (d)
                

            	
              an
                individual or other person in that person's capacity as a trustee,
                executor, administrator, or personnel or other legal
                representative;

            

    

    

    “related liabilities,”
      means

    

    
      	(a)  	
              liabilities
                incurred or assumed for the purpose of financing the acquisition
                or
                ownership of financial assets, or

            

    

    
      	 	 

    

    
      	(b)  	
              liabilities
                that are secured by financial
                assets.

            

    

    

    “VCC”
means
      a
      venture capital corporation registered under Part 1 of the Small
      Business Venture Capital Act
      (British
      Columbia) whose business objective is making multiple investments.

     

    
      
        
        

      

      
        B-4

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      "C"

     

    ALBERTA
      RESIDENTS ONLY

     

    TO: WESCORP
      ENERGY INC.

     

    The
      undersigned ("Subscriber") hereby represents, covenants and certifies to Wescorp
      Energy Inc that the Subscriber is:

     

    
      	1.  	
              purchasing
                the securities of the Corporation as
                principal;

            

    

     

    
      	2.  	
              it
                or its disclosed principal is resident in or subject to the laws
                of the
                Province of Alberta,

            

    

     

    
      	3.  	
              it
                or its disclosed principal falls within the family, friends and business
                associate exemption (as set out in National Instrument 45-106) by
                virtue
                of satisfying the indicated criteria on Appendix 1 hereto
                

            

    

     

    DATED
      this _________day
      of_______________________________,
      20__.

     

    
       

      
        	 	 	 
	 	 	
                Name
                  of Entity

              
	 	 	 
	 	 	 
	 	 	
                

                Authorized
                  Signature

              
	 	 	 
	 	 	 
	 	 	
                

                Print
                  Name of Signatory

              

      

    

     

    
      
        
        

      

      
        C-1

        
          

        

      

      
        
        

      

    

     

    APPENDIX
      I TO SCHEDULE "C"

     

    The
      Subscriber represents that the Subscriber falls within the category of "Family,
      Friends and Business Associates" which is initialled below:

     

    
      	________   	
              (a)

            	
              a
                director, executive officer or control person of the Corporation,
                or of an
                affiliate of the Corporation;

            
	 	 	 
	________   	
              (b)

            	
              a
                spouse, parent, grandparent, brother, sister or child of a director,
                executive officer or control person of the Corporation, or of an
                affiliate
                of the Corporation;

            
	 	 	 
	________   	
              (c)
                

            	
              a
                parent, grandparent, brother, sister or child of the spouse of a
                director,
                executive officer or control person of the Corporation, or of an
                affiliate
                of the Corporation;

            
	 	 	 
	________   	
              (d)

            	
              a
                close personal friend (by reason of the fact that Subscriber has
                known
                such individual for a sufficient period of time and in a sufficiently
                close relationship to be in a position to assess the capabilities
                and the
                trustworthiness of such individual) of a director, executive officer
                or
                control person of the Corporation, or of an affiliate of the
                Corporation;

            
	 	 	 
	________   	
              (e)

            	
              a
                close business associate (by reason of the fact that Subscriber has
                had
                sufficient prior business dealings with such individual to be in
                a
                position to assess the capabilities and trustworthiness of such
                individual) of a director, executive officer or control person of
                the
                Corporation, or of an affiliate of the Corporation;

            
	 	 	 
	________   	
              (f)

            	
              a
                founder of the Corporation or a spouse, parent, grandparent, brother,
                sister, child, close personal friend or close business associate
                of a
                founder of the Corporation;

            
	 	 	 
	________   	
              (g)

            	
              a
                parent, grandparent, brother, sister or child of the spouse of a
                founder
                of the Corporation;

            
	 	 	 
	________   	
              (h)

            	
              a
                person or Corporation of which a majority of the voting securities
                are
                beneficially owned by, or a majority of the directors are, persons
                or
                companies described in subsections (a) to (g) above; or

            
	 	 	 
	________   	
              (i)

            	
              a
                trust or estate of which all of the beneficiaries or a majority of
                the
                trustees are persons or companies described in subsections (a) to
                (g)
                above;

            

    

     

    
      
        
        

      

      
        C-2

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      “D”

     

    DECLARATION

     

    
      	TO:	
              [name
                of company]

            

    

     

    
      	AND
              TO:	
              [name
                of transfer agent]

            

    

     

    The
      undersigned (a) acknowledges that the sale of the securities of
      _______________________ (the “Corporation”) to which this declaration relates is
      being made in reliance on Rule 904 of Regulation S under the United States
      Securities Act of 1933, as amended (the “U.S. Securities Act”), and
      (b) certifies that (1) the undersigned is not an “affiliate” (as that term
      is defined in Rule 405 under the U.S. Securities Act) of the Corporation, a
      “distributor” (as that term is defined in Rule 902(d) of Regulation S under the
      U.S. Securities Act) or an affiliate of a distributor or acting on behalf of
      any
      of the foregoing, (2) the offer of such securities was not made to a person
      in
      the United States and either (A) at the time the buy order is originated, the
      buyer is outside the United States, or the seller and any person acting on
      its
      behalf shall reasonably believe that the buyer is outside the United States,
      or
      (B) the transaction will be executed in, on or through the facilities of a
      “designated offshore securities market” (as that term is defined in Rule 902(b)
      of Regulation S under the U.S. Securities Act) and neither the seller nor any
      person acting on its behalf knows that the transaction has been prearranged
      with
      a buyer in the United States, (3) neither the seller nor any affiliate of the
      seller nor any person acting on any of their behalf has engaged or will engage
      in any “directed selling efforts” (as that term is defined in Rule 902(c) of
      Regulation S under the U.S. Securities Act) in the United States in connection
      with the offer and sale of such securities (4) the sale is bona fide and not
      for
      the purpose of “washing off” the resale restrictions imposed because the
      securities are “restricted securities” (as such term is defined in Rule
      144(a)(3) under the U.S. Securities Act), (5) the contemplated sale is not
      a
      transaction, or part of a series of transactions which, although in technical
      compliance with Regulation S, is part of a plan or scheme to evade the
      registration provisions of the U.S. Securities Act, and (6) the undersigned
      in
      making such sale has complied and will comply with the terms of Rule 904(b)
      of
      Regulation S. Terms used herein have the meanings given to them by
      Regulation S under the U.S. Securities Act.

     

    If
      requested by the Corporation and/or its registrar and transfer agent, the
      undersigned shall provide an opinion of counsel, of recognized standing
      reasonably satisfactory to the Corporation, to the effect that the sale complies
      with the terms of Rule 904 of Regulation S.

    

    
      	
              Dated:
                _______________     

            	
               

               

              
                

              

              (Name
                of Holder - please print)

            
	 	
               

               

              
                

              

              (Authorized
                Signature)

            
	 	
                

               

              
                

              

              
              

              (Official
                Capacity - please print)

            
	 	
               

               

              
                

              

              (please
                print here the name of the individual whose signature appears above,
                if
                different from the name of holder printed
                above)

            

    

     

    
      
        
        

      

      
        D-1

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