Fidelity Exploration and Production Company

Fidelity Exploration & Production Company is involved in the acquisition, exploration, development and production of natural gas and oil resources. Fidelity's activities include the acquisition of producing properties and leaseholds with potential development opportunities, exploratory drilling, and the operation and development of natural gas and oil production properties. Fidelity shares revenues and expenses from the development of specified properties in proportion to its ownership interests. Fidelity is headquartered in Denver and has operating offices in Glendive, Mont.; Sheridan, Wyo.; and, Houston, TX. Fidelity is part of the WBI Holdings family of companies which are all indirect wholly owned subsidiaries of MDU Resources Group (NYSE: MDU). MDU Resources is a Fortune 500 company and a member of the S&P MidCap 400 index providing value-added natural resource products and related services and operates with three core lines of business: utility resources, energy, and construction materials. WBI Holdings comprises the energy business line for MDU Resources.