Exterra Energy, Inc (fka EENIQ)

[HJ2008]

Exterra Energy – Highlights
 Management Team - Established, Proven, Experienced and Successful.
 Barnett Shale natural gas play is the largest gas field in Texas – over 95% of all
wells drilled resulting in gas being produced.
 Energy prices are high and are expected to be sustained or go higher.
 Over 90 successful Barnett Shale wells drilled and participated in since 2001.
 Immediate significant revenue increase possible - 7 well bores drilled; ready
for frac stimulation & completion (scheduled and currently underway). This is a
strong factor and could indicate a major driving force to push the stock price.
 Plans for significant growth in 2008 and beyond.
 Bosque County acreage that is ripe for growth
– could support 50 wells or more.
 Numerous acreage acquisition opportunities available through existing
partnerships with companies such as Carrizo Oil & Gas, Inc. (NASDAQ –
“CRZO”)
 Major and large independent Exploration & Production companies expanding
asset base in the Barnett Shale (all potential buyout options).