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ASSETS

Delhi Field, Louisiana

  • Working Interest (WI) – 95.8%
  • Net Revenue Interest (NRI) – 82.7%
  • Proved Reserves – 1,214,181 Barrels  Net
  • 1400 Gross Acres (Conquest Operated)
  • 7 Producing Wells (30 BOPD), 5 Water Injection Wells.
  • Ten Development Drilling Locations (Mengel & Z Sand) @ approximated 3000 feet

 

Marion Field, Louisiana

  • Working Interest (WI) – 100.0%
  • Net Revenue Interest (NRI)- 71.0%
  • Proved & Probable Reserves – 2,899,693 BOE Net
  • 21,500 Net Acres (Conquest Operated)
  • 515 Producing Wells (600 MCFD)
  • Over 600 Development Drilling Locations infilling from 40 Acre to 20 Acre Spacing
  • Formation Texarkana at approximately 2200 feet
  • Upside Exploratory Deep Smackover

 

Belton Field, Kentucky

  • Working Interest (WI) – 100%
  • Net Revenue Interest (NRI) – 72.625% to 79.625%
  • 9285 Net Acres (Conquest Operated)
  • 3 Existing Wells to be completed
  • 72 Probable New Albany Shale Wells @ 3,500’
  • Upside – 3rd Party Consultant has Identified Additional 123 New Albany Shale Locations.

 

Belton Field, Kentucky (Coal)

  • Noel Daniel (Consultant) Report dated July 21, 2010
  • 3,583,800 Tons Recoverable (Strippable & Minable)

 




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