TX Single Well Large Frac – Est 6-8 month Payout – Ref: OG-08

“Site prep done…well shut in @ 4300 psi. Drilled less than 4 years ago.

Plan is to frac the Lower Wilcox to produce +40 BOPD & 2.2MMCFPD

Estimated 6-8 month payout based on $70 oil and $4.50 gas

Over 2.2BCF and 19MBO in reserves

$14,800 per point @ 75NRI. Only 10%WI remaining.”