Saratoga Resources, Inc. (fka SARA)

[eom7]

YES!!!! We think that increased scrutiny and regulation affecting future operations on offshore federal leases, and particularly drilling in deepwater, will make operations in shallow waters more attractive and that, as a result, we will be better positioned to attract industry partners to participate with us on our deep exploratory prospects, which the Company believes have multi-Tcfe (“trillion cubic feet of gas equivalent”) potential. We expect that our attractiveness to drilling partners will similarly be enhanced by lower costs and our immediate proximity to onshore infrastructure