East Texas Single Well Rework

Re-entry into a gas well at the Cook Mountain Zone at 10,700′ and 9,500′. Shut in 2008 due to market prices. Well produced 4.6 BCFG & 70 MB condensate.
Estimated 1.3 BCF & 55 MB Condensate in proven recoverable reserves in target zones
Estimated payback under 12 months including expenses in first zones and under 4 months in second zone.
Estimated $6.6 million payout for economic lifetime of well net before expenses with ROI around 11:1