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potodds

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potodds

Re: None

Wednesday, 05/17/2006 11:45:41 PM

Wednesday, May 17, 2006 11:45:41 PM

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Oil and Gas Leaseholds

The location and gross and net acreage of the Company's
inventory of oil and gas leaseholds at March 31, 2005 was
approximately as follows:

Location Gross Acres Net Acres
Utah 3,465 2,207
Wyoming 1,243 1,243
Total 4,708 3,450

A gross acre consists of 100% of the working interest. A net
acre is calculated by gross acres multiplied by the percentage of
working interest owned.


Don't be afraid to go out on a limb, because that's where the fruit is.

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