Building and Owning Real Cash Flow Assets

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Pica Project Chile September 2006
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Disclosure
This Presentation includes certain
forward-looking statements within the meaning
of the Private Securities Litigation Reform Act
of 1995. These statements are based on
managements current expectations and are
naturally subject to certain uncertainty and
changes in circumstances. Actual results may vary
materially from the expectations contained herein
due to changes in economic, business, competitive
and/or regulatory factors. March Resources Inc is
under no obligation to (And Expressly disclaims
any such obligation to) update or alter its
forward-looking statements whether as a result of
new information, future events or otherwise.
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Management
David Antony, C.A. CEO Director Mr. Antony
is a chartered accountant with over 15 years
experience in assisting public and private firms
with financial and business planning services.
Mr. Antony has been the Director and CEO of March
Resources and its predecessor since 1999. Mr.
Antony is a director of Transco Resources Corp.,
Southern Pacific Resource Corp., Winslow
Resources Inc., and Dawson Creek Capital Corp.,
all of which are publicly traded companies. Prior
to that Mr. Antony was a partner with a local
firm of Chartered Accountants. Dale Owen, C.A.
Chief Financial Officer Director Mr. Owen is a
partner with the accounting firm of Owen
Kirzinger where he has practiced since 1996. Mr.
Owen has served as Chief Financial Officer and a
Director for Global Railway Industries a
publicly listed company.
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Management
Ken Kirkland - Business Development Mr.
Kirkland, who is an executive with a background
as a professional Landman, has worked as a
consultant and executive for petroleum, mineral
and research ventures, has provided services and
executive management for a variety of companies,
both domestic and international for more than 45
years. Mr. Kirklands experience includes
feasibility evaluations, negotiations, contract
acquisition, implementation and management of
companies and projects in the U.S., Canada,
Australia, Portugal, Angola, Palau Islands,
Mexico, Colombia, Ecuador and Peru. Fred Digert
Explorationist Mr. Digert has over 50 years
experience in petroleum exploration with a vast
background in all aspects of exploration
techniques. Mr. Digert is a professional
geologist and geophysicist with extensive
knowledge of Northern Chile through his
involvement in the initial evaluation of the Pica
prospects. Mr. Digert has been headed up
exploration projects worldwide including
Argentina, Columbia, Egypt and throughout the
United States.
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Consulting Services
John Vittitow New Tech Engineering Mr. Vittitow
is a professional engineer with over 25 years
experience in the petroleum industry with
extensive background in international on-site
supervision of drilling and completion operations
in Mexico, China and Brazil. Colin Outrim
Degolyer MacNaughton Mr. Outrim is a principal
with the international reserve engineering firm
Degolyer MacNaughton. Degolyer MacNaughton
have been providing petroleum consulting services
worldwide for more than 65 years, these services
include appraisal of oil and gas properties,
evaluation of hydrocarbon prospects, basin
evaluations, and comprehensive field studies.
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Consulting Services
Janell Edman Geochemist, Geophysicist,
Geologist Dr. Edman is an industry recognized
expert in interpreting gas, oil, and source rock
geochemical data to solve exploration and
production problems for oil industry clients.
 With B.S. and M.S. degrees in Geophysics from
Stanford University and a Ph.D. in Geology from
The University of Wyoming, she has over 25 years
of industry experience in both domestic and
international exploration and production. 
Included in her experience are 10 years at
Marathon's Petroleum Technology Center, over 8
years as a consulting geochemist, and 5 years of
prospect generation at Mobil.  Dr. Edman also
worked at Exlog/Brown Ruth Laboratories, was
Assistant Professor of Petroleum Geology at the
University of Colorado, and has 38 published
papers and abstracts.
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Outside Board of Directors
Edward A. Schiller Director Dr. Schiller, P.
Geol., has over 40 years of mining experience.
He has lived and worked in United States,
England, Australia, Brazil and Colombia, and has
conducted mineral exploration projects in several
South and Central American, African, European and
South East Asian countries. Dr. Schiller has
consulted for the United Nations on a gemstone
project in Mozambique, and a mining project in
Greece. He has visited other countries on mining
related projects, most recently in Viet Nam,
Cambodia Botswana and the diamond mines in
Yakutia, Russia and China. Tim Campbell -
Director Mr. Campbell is currently Director, Land
and Corporate Development for Signal Energy Inc.,
a publicly traded company. Mr. Campbell has over
25 years experience in both land and senior
executive positions in the oil and gas industry.
Prior to joining signal, Mr. Campbell was
President of FarPoint Energy Inc., a private
exploration company, which he founded in 1997 and
led until its sale in 2002. Mr. Campbell served
as an oficer and director of Hawker Resources
Inc., a publicly traded company. From 1988 to
1997 Mr. Campbell was an independent land
consultant, involved in numerous joint venture
structuring, acquisitions and divestitures and is
formerly the President of Trapper Resources Ltd
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Tamarugal Basin - Chile
Peru
Chile
Bolivia
Pica North Multi-well Drilling Program Spud Q4
2006
Iquique
Pica
Pica South Prelim. Geologic Work Initial Seismic
Program Start Q2 2007
Calama
Chile
Antofagasta
Argentina
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Chilean Advantage

• Stable Government
• Attractive Terms
• Untested Back-arc Basin with Mature Source Rocks,
  Multiple Potential Reservoirs, and Seals
• Significant Shale Gas Potential
• Large Folded and Thrusted Structures
• High Flow Rate due to a Large Kh
• Multi TCF Potential
• Multiple Markets for Sale of Gas
• Large Exploration Blocks Available

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Tamarugal Basin, Chile
Early Jur-Early Cret
Tertiary
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Pica North Previous Exploration
-20.5
-20.5

• 224 kilometers of 24 fold seismic data were
  reprocessed

Legend
Prospective Areas

• 2,071 gravity stations were acquired, along with
  2,000 kilometers of continuous magnetic survey
  MT

Jurassic Outcrop
-21.0
-21.0
Soledad - 1

• 60 surface sections were examined

Surface Faults
Seismic Faults
-21.5
-21.5
Anticlinal Features

• Landsat, geochemical, petrological and
  paleontological studies were conducted

Hilaricos - 1
-69.5
-69.0
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Pica North Multi-well Exploration Program Spud
Q4 2006
Proposed Location 1
Proposed Location 3
Proposed Location 2
Proposed Location 4
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Tamarugal Basin Summary

• Confirmed the presence of a Jurassic-Cretaceous
  back-arc basin, similar to the Neuquen Basin of
  Argentina
• Over 15,000 feet of marine sandstones, oolitic
  limestones and black shales
• Present total organic carbon values as high as
  6 original values may have been as high as 9
• A series of north south compressional
  folds/thrusts were mapped on the surface and in
  the subsurface
• Structures appear to be of the magnitude of 30
  kms by 5 kms, with greater than 2,000ft of
  closure
• Drill depth to the top of the marine Jurassic to
  be in the range of 7,000ft to 8,000ft.
• Geophysical techniques have identified additional
  prospect areas
• Significant Shale Gas Potential

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Reservoir Assumptions

• Degolyer Report on SEDAR
• Resource Best Est. at 655 BCF on initial Pica
  North Well
• 3 Pay Zones with depth from 7,600-13,000
• Net Pay 400
• Porosity 12
• Perm 5.0 md and a low case of 0.5 md
• SW 40
• BG 200 scf/cf
• Recovery 60

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Financial Summary

• Working Capital - 2,500,000
• Debt - 0

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Corporate Summary

• Current Symbol MCF TSX-V Stock Exchange
• Shares outstanding 29.2 million
• (Fully Diluted) 32.7 million
• Management Directors Ownership 10
• Public Documents available at www.SEDAR.com

• Law Firm Davis Company
• Auditors Grant Thornton LLP

• Bankers ScotiaBank
• Reserves DeGolyer MacNaughton

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Summary

• Rapid Exploration and Development of Pica North
  Project
• Three Gas focused targets.
• Initial Exploration work to begin on Pica South
  Project in early 2007.
• Strong Management with extensive international
  oil and gas experience.
• Strong financial backers with experience in
  emerging exploration areas.
• Untested Back-arc Basin with Mature Source Rocks,
  Reservoir and Seals
• Multi TCF Potential
• Good Contract in a Stable Country
• Multi-reservoir Potential (Shale and Sandstone)