Prospect: “Kestrel” *PUD, defined by SEC rules
Field: Jeanerette, St. Mary Parish, LA
Depth: 5,500 TVD
Objective: Miocene
Reserves: 275,000 *BOE
Wells: 1
CWC: $1.58 *MM
Prospect: “Merlin” PUD, twinning an existing test of 3000 *MCFGPD
Field: Richie, Acadia Parish, Louisiana
Depth: 9,500’
Objective: Nodosaria age, (Tweedel Sand)
Reserves: 1,217,241 BOE
30 *BCFG & 1.2 *MMBO (Possible)
Wells: 1-4
CWC: $3.15 MM
Prospect: “Marsh Hawk” PUD
Field: Abbeville, Vermilion Parish, LA
Depth: 8,000’
Objective: Brookshire Sand
Reserves: 312,000 BOE
Wells: 1
CWC: $ 1.53 MM
Prospect: “Great Blue” PUD - Twin to Pay
Field: Live Oak
Depth: 13,200’
Objective: Multiple Sands
Reserves: 591,000 BOE
CWC: $3.65 MM
*PUD = producing undeveloped, CWC = completed well cost, MCFG = million cubic feet of gas, MM = million, MMBO = million barrels of oil, BOE = barrel of oil equivalent