DV

NIOBRARA DEVELOPMENT OPPORTUNITY

Drilling Prospects

All Standard Disclaimers Apply & Seller Rights Retained

NIOBRARA DEVELOPMENT OPPORTUNITY

NW COLORADO SAND WASH BASIN

170-Well Development. 29,000-Net Acres.

PROLIFIC NIOBRARA RESOURCE PLAY

Liquids-Rich Tow Creek, Wolf Mtn & Rangely

Overpressured & Thermally Fractured Rock

Derisked By Pilot, Reservoir Modelling,

---Geological Studies, & 2D Seismic

Pilot HZ 7-Mo Prod: 93 MBO & 300 MMCF

---On Choke & Awaiting Infrastructure

Six Permits Ready To Drill

OOIP Per 1,280 Acres: 240MMbbl

Single Well D&C: $9.8MM; IRR >100%

VDR IS LIVE - CLICK THRU FOR DATA

DV 5665PP

Questions Regarding This Asset? Email Steve Henrich 403-294-1906
Virtual Data Room
NIOBRARA DEVELOPMENT OPPORTUNITY

NW COLORADO SAND WASH BASIN

170-Well Development. 29,000-Net Acres.

PROLIFIC NIOBRARA RESOURCE PLAY

Liquids-Rich Tow Creek, Wolf Mtn & Rangely

Overpressured & Thermally Fractured Rock

Derisked By Pilot, Reservoir Modelling,

---Geological Studies, & 2D Seismic

Pilot HZ 7-Mo Prod: 93 MBO & 300 MMCF

---On Choke & Awaiting Infrastructure

Six Permits Ready To Drill

OOIP Per 1,280 Acres: 240MMbbl

Single Well D&C: $9.8MM; IRR >100%

VDR IS LIVE - CLICK THRU FOR DATA

DV 5665PP

Questions Regarding This Asset? Email Steve Henrich 403-294-1906