Texas Single Well Workover Program – Phase I – Starts in 1 Week

Rework single well currently producing 2-3 BOPD.

200 acres – 6 other wells for consideration in various zones.

Estimated 100 MBO in reserves for single rework.

Liberty Co TX – Merchant/Hull Fields – Yegua Salt Domes.

Estimate production of 30 BOPD once reworked.

Payout less than a year with ROI above 15:1.

5%WI blocks for $25K @ 74%NRI per WI point. Funded enough to start. Have 20% WI remaining

ID 1104.

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