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Re: MWM post# 40

Thursday, 10/28/2010 2:48:56 PM

Thursday, October 28, 2010 2:48:56 PM

Post# of 100

Nice portfolio in Texas:

Key Developed Properties:

Bridges #1 well in Shelby County, Texas: The Company owns a 0.7% indirect working interest in this well through two partnerships managed by BR Group.

Rooke #1 well: The Company owns a 9.5% working interest in 1 well located in Refugio County Texas which began production in September 2009. The well produces about 350 Mcf per day and about 10 Bbls of oil per day.

Chapman No. 75-1: The Company owns an 8% working interest in 1 well located in Nueces County, Texas which began production in October 2009. The well produces about 375 Mcf per day.

Garcitas #1: The Company owns a 9.5% working interest in 1 well located in Jackson & Victoria County, Texas. The well has been drilled and was completed during the first quarter of 2010. There has been minimal production thus far from this well, but is expected to have stable production during the second quarter of 2010.

Rooke B-1: The Company owns a 9.5% working interest in 1 well located in Refugio County, Texas. The well has been drilled and was completed in early 2010. It started producing in early February 2010 and has produced about 225 Mcf per day and about 12 Bbls of oil per day since then.

Rooke #2 well: The Company owns a 9.5% working interest in 1 well located in Refugio County Texas. This well has been completed during the first quarter of 2010 and has had minimal production during the first quarter. Production is expected to become stable during the second quarter of 2010.





This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so do your own due diligence before and consult a licensed professional making any decisions.

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