WTX SHALLOW PDP PKG w/ UPSIDE

REEVES & LOVING COS., TX PKG

3-Leases. 37-Wells. 17-Active. 20-Inactive.

GERALDINE (FORD) & RED BLUFF FIELDS

Delaware Mountain Group Production

- Ramsey Sand (2,750'); Bell Canyon (2,900')

- Williamson (4,500'); Brushy Canyon (5,900')

Originally Developed By Major Oil

100% OPERATED WI. ~75% NRI FOR SALE

Additional ORRIs Available for Purchase

Gross Production: >50 BOPD

Upgraded Infrastructure In Place.

Multiple "Return-To-Production" Options

INFILL DRILLING POTENTIAL

VDR LIVE - OPEN TO PRE-EMPTIVE OFFERS

PP 2252DV