Maple Leaf 2013 Oil & Gas Income Limited Partnership transferred on a tax-deferred basis to Maple Leaf 2015 Oil & Gas Royalty Income Limited Partnership

March 09, 2021

Maple Leaf 2013 Oil & Gas Income Management Corp. (the “Manager”), the Manager of Maple Leaf 2013 Oil & Gas Income Limited Partnership (the “MLOG 2013”) is pleased to announce that on March 3, 2021, the assets of MLOG 2013 were transferred on a tax-deferred basis to the Maple Leaf 2015 Oil & Gas Royalty Income Limited Partnership (the “MLOG 2015” or “CDO151”), in exchange for units of MLOG 2015. Each holder of MLOG 2013 received 0.64785 MLOG 2015 units for each MLOG 2013 unit held.

Please be advised that the current price for MLOG 2015 is $5.69159⁽¹⁾⁽²⁾ per unit. The respective price will remain at $5.69159 per unit until an updated valuation has been processed.

Please be reminded that MLOG 2015 is not liquid and cannot be redeemed at this time.