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ABOUT K-SAM OIL Co, LLC

K-SAM OIL CO., LLC. http://www.KSAMOil.com is a Texas corporation, based in Dallas, Texas. Sam Krasner, a legendary old "wildcatter" in the oil and gas industry, founded the successful K-Sam Oil Company in the mid-1960s. For the past year K-Sam has concentrated its development efforts in the lucrative Barnett Shale, particularly in Parker County, northwest of Fort Worth, Texas. The widespread Barnett Shale underlies approximately 15 counties and the latest U.S. Geological Survey assessment indicates the natural gas-laden Barnett Shale may extend as far north as Red River, as far west as Knox County, and south to Burnet County.

This formation is estimated to contain approximately 27 to 30 trillion cubic feet of gas. Approximately 3,000 natural gas wells have been successfully completed since 1999, with a less than two percent failure rate -- a phenomenal completion rate in oil and gas field development. Parker County is such a promising location on the Barnett Shale that major oil and gas drilling and development companies, such as Devon Energy Corporation and XTO Energy, Inc., are acquiring leases in Parker County.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks.

Based upon industry standards Drake would be considered highly speculative. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Drake's financial and contractual obligations, Drake's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.