The Company has executed agreements with one oil and gas exploration company and one other industry investor that were interested in participating in the Company's exploration and production activities on its Hamill and Hamill lease in Matagorda County, Texas.
However, the Company retained operatorship and the majority eighty percent (80%) working interest in this property. All of the Company’s other producing properties are owned 100% and operated by the Company, except for the Wishbone Field where the Company owns a 15.2 % non-operated working interest
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