Bright Green Zone Perforated 14 ft of Lower zone & IP’d @ 330 B/D. This zone may have recharged & will be tested first.

7 Zones above old Perfs total 20 ft of Pay PLUS Additional 4 ft of Lower Pay below the old perfs.

The best 11 ft perf’d would yield 143,000 Bbls OilCalculations indicate that the 5182-85 interval has Sw of 41%

IP 55 B/D

IP 77 B/D

IP 243 B/DIP 54 B/D

IP 66 B/D

Down Dip Producers & their Initial Production Rates

The Dark Green Band Is Considered Oil Depleted

The Light Green Band isConsidered Virgin Reservoir

Location of Reentry Well

Re-entry of a well drilled in 1942 will give us a VERY inexpensive look at 14 feet of Past Productive Perforations that may have been recharged over the last 50 yrs of dormancy & 24 ft of Highly Prospective Reservoirs that were never perforated. A lower zone contributed to the 840,000 Bbls of oil that this lease has already produced.

Step 1Re-enter well & clean out existing 14 ft of perfs. If economic

rates of oil result, then simply allow the well to produce.

Step 2 Perforate additional sands above & below the original perfs.

Step 3 Would ONLY Ensue If Results of Steps 1 & 2 Were Negative.

Deepen this well 600 ft to test 3 additional sands that indicate

Excellent structural position