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Information current as of: Tuesday September 7, 2010 7:41:09 PM CST

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Lot 17388 - Pantera Energy Company

Louis Hrncirik #1 (75.9925% GWI w/Operations)

Bend Arch Basin - Seymour North (Strawn) Field

Baylor County, Texas

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Property Highlights:

  • Strong, shallow decline producing well along with development acreage
  • Produced over 234,000 barrels and 54 MMCF from the Strawn formation at a depth of 5,063'
  • Reserve potentials of approx 100,000 barrels per additional well
  • 2 PUD locations at a cost of $750,000 per well
  • Approximately 100' of structural rise
  • Thickness of the Strawn interval appears to be greatest over the prospective acreage

For More Information Contact:

  • Ethan House
  • 7201 I-40W, Suite 319
  • Amarillo TX, 79106
  • (877) 351-4488 office
  • (806) 354-2835 fax
  • Ethan.House@energynet.com
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Lot 17946 - PPC Energy, LP

Haley Field (649 Leasehold Acres) OPERATIONS

Penn Consolidated & Bone Springs Opportunity

Loving County, Texas


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Property Highlights:

  • Proven Net 26.3 BCFE Reserves - add reserves immediately
  • Direct offsetting wells IP'd at 25 MMcfd with 32 BCF EUR
  • Lower Wolfcamp/Penn Cons. Sands from 15,000' - 16,400'
  • Major Anadarko Offset production
  • Drill Locations Permitted and ready to drill

For More Information Contact:

  • Chris Atherton
  • (713) 861-1866 office
  • (832) 654-6612 mobile
  • (832) 201-9598 fax
  • Chris.Atherton@energynet.com
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