|Asset Type||County||State||Lease #||Operator||Acres||Gross BOPD||Gross MCFD|
|ORRI|| Rush||KS||142964 ||Black Stone Petroleum||160||5.18||0|
|ORRI ||Net Income (13mo)|
|Well Name|| API ||Legal Description|| Well Type ||Completion||Zone|
|McIntyre ||15-165-21979||SE Sec 27 18S 16W||Oil||06/2012||Reagan|
2 additional locations seismically located that are superior or equal to the McIntyre #3 that has produced 30,000+ bbls. Also shallow gas opportunities identified by open hole logging. Wells are part of a successful, ongoing secondary recovery program. All wells put on pump with virgin reservoir pressure and due to secondary recovery, they have maintained pressures which have been verified by fluid levels.
The Otis-Albert Field is famous for its helium production and there is helium being extracted and sold to IACX on a monthly basis from nearby wells.