COURT ORDERED SALE

CALIFORNIA PORTFOLIO SALE

2-Properties; 2-Prospects; 2-Discoveries

FRESNO & MONTEREY

FIVE POINTS FIELD

HANGMAN HOLLOW, LANDER AVENUE,

& LOS ALAMOS PROSPECTS

2-DISCOVERIES READY TO EXPLOIT

3-D Seismic Defined. 14-Sq. Miles

15-100% OPERATED & NonOperated WI

Prospects Ready to Drill

Fully Automated Facilities

OOIP & OGIP: 70 MMBO & 115-265 BCF

Light Oil: 44 API. High BTU Gas

CHAPTER 7 BANKRUPTCY

PP 8837DV