this is from the company website..
i think wgasd share of l-1 is 8.35%, if i'm reading this correctly...imo
l-1 well, Block 818-L, Carried Interest 10.35%
This is located near Mustang Island, Kleburg County, Texas. The Company owns a 10.35% carried interest in this well: 8.35% Carried Interest with a 2% Over Riding Royalty Interest over the entire 818-L block. The well is anticipated to be on line by mid-July 2012. The well has a minimum of 5 productive zones throughout the entire well bore and initial production will be from the I-5 sands with perforation between 11,118 and 11,124 feet.
--------------------------------------------------------------------------------