Well M1 is a significant asset for AGYP, as The Green Lease project has world class hydrocarbon sourcing from shale and reservoirs. New drilling techniques can make proven reserves pay again. At its Gilmer site, the location has produced in its lifetime more than five hundred thousand barrels of high gravity oil and more than five hundred million cubic feet of natural gas. Key to the AGYP’s valuation is the price of global oil.