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Rayland

03/11/11 8:30 AM

#8375 RE: BigBadWolf #8374

Petro has found a series of real confirmable assets..
This is a prospect tract...

This project is located in Duval County and consists of a tract of 640-acres. Twenty-six (26) productive wells were drilled on the tract, all producing oil for the Lower Cole Sand at an approximate depth of 2,500’. All of the wells are now plugged. The Company believes there are additional development opportunities to extend the field on this lease. Also, it is believed there are potential deeper gas sand development opportunities


I believe this is the same prospect, as they under line the 640 as a prospect, ie, work in progress, there are no current filings with the Duvall county clerk, but the fields represent the same.