PP

GRAPEVINE ENERGY CALIFORNIA PKG

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained

GRAPEVINE ENERGY CALIFORNIA PKG

KERN CO., CA SALE PACKAGE

2-Wells. 3-PUDS. ~1,310-Acres

RIO VIEJO OIL FIELD

MIOCENE STEVENS SANDS

Outside of Health Protection Zone

3-D Seismic Covering 24 Sq Miles

RECENT WORKOVERS INCREASED VOLS

Significant Identified Upside

33.75% OPERATED WI; 26.25% NRI

Gross Production: 360 BOPD & 140 MCFD

Net Volumes: 95 BOPD & 37 MCFD

Net Cash Flow: ~$220,000/Mn

3rd Party PDP Rsrvs: ~320 Mboe (94% Oil)

3rd Party PDP PV-10: $11,030,000

PKG UPDATED WITH NEW ENGINEERING

CONTACT EAG TO MAKE AN OFFER

PP 3024DV

Questions Regarding This Asset? Email Richard Martin 469-866-9796
Virtual Data Room
GRAPEVINE ENERGY CALIFORNIA PKG

KERN CO., CA SALE PACKAGE

2-Wells. 3-PUDS. ~1,310-Acres

RIO VIEJO OIL FIELD

MIOCENE STEVENS SANDS

Outside of Health Protection Zone

3-D Seismic Covering 24 Sq Miles

RECENT WORKOVERS INCREASED VOLS

Significant Identified Upside

33.75% OPERATED WI; 26.25% NRI

Gross Production: 360 BOPD & 140 MCFD

Net Volumes: 95 BOPD & 37 MCFD

Net Cash Flow: ~$220,000/Mn

3rd Party PDP Rsrvs: ~320 Mboe (94% Oil)

3rd Party PDP PV-10: $11,030,000

PKG UPDATED WITH NEW ENGINEERING

CONTACT EAG TO MAKE AN OFFER

PP 3024DV

Questions Regarding This Asset? Email Richard Martin 469-866-9796