NORTHWEST SHELF - NEW MEXICO SALE

EDDY CO., NM DEVELOPMENT

14-Active. 11-SI. 2-SWDs. 11,960-Acres.

INDIAN BASIN

MULTI-PAY. 4,000 FT COLUMN

UPPER PENN (CISCO) PRODUCTION

ALSO BONE SPRING, WOLFCAMP, YESO

Workovers & Sidetrack Laterals Upside

Gas & Saltwater Pipeline In Place

50-100% Operated & NonOperated WI

Gross Production ~650-1,200 MCFD

Midstream Solutions Offer Development

ACTION PLAN TO RESTART SI WELLS

Field Cumulative: 1.1 MMBO & 270 BCF

Direct Offset to OXY, EOG & Mewbourne

FLEXIBLE SELLER SEEKS PROPOSALS

UPDATED MAP IN VDR

PP 5227DV