Reintroduction: 7/15/22 TX Re-frac Single Well – ID 1219A

Reintroduction: 7/15/22 TX Re-frac Single Well – ID 1219A

Original program closed last month as rig was expected but delayed. Rig expected this week!

Another well on lease has WO planned at same time…

Re-Entry into existing well where the cement job failed in another payzone

Plan is to frac in the Lower and Upper Wilcox to produce +40 BOPD & 2MMCFPD

Estimated 4-6 month payout based on $90 oil and $5 gas

Over 1.9BCF and 22MBO in reserves

$14,800 per WI point @ 75%NRI. 8% available (already fully funded)

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