The Company is the mineral lessee of oil and gas leases within each of the Project Areas. Each Project Area includes wells to be drilled with production possibilities ranging from depths of 1000 feet or shallower, down to roughly 4000 feet. All of these projects are close to known hydrocarbon production and offset well log data confirms the possibility of encountering commercial production. All the potential wells are relatively inexpensive to drill and complete at their projected depths.

The Company intends to use the Proceeds to exploit underutilized or unutilized Hydrocarbon reserves in Okfuskee County, Oklahoma through

• (1) the redevelopment, re-tooling, and deepening of existing vertical and horizontal wells;
• (2) vertical and short-lateral (<1,000 ft.) horizontal drilling upon existing well pads;
• (3) new vertical and short-lateral (<1,000 ft.) horizontal well development on unproven properties;
• (4) purchase, acquire, and/or re-lease existing mineral leases for the purpose of drilling and producing hydrocarbons;
• (5) opportunistic acquisition of producing wells or leases from operators in the target area;
• (6) any other activities necessary or reasonable to ensure profitable and compliant execution of (1)-(5).

For purposes of (6), such activities may include, but is not limited to, the laying of pipelines from the drill sites to distribution locations, acquisition or use of additional wastewater wells, contracting third party persons for operations.

The Company intends to have a conservative financial approach to well development, completion, and production. The Company has identified six development plays. Information and data for the analysis of this acreage are from electric logs, drillers' logs, completion and production reports obtained from the IHS Energy, the Oklahoma Well Log Library, private well records and 3-D seismic data, in conjunction with drilling and completion reports and production records of ongoing operations in the area. These plays are numbered (by the Company) as follows:

Play 2: Longview Stacked Pay Prospect:

• Six New Drills identified
• Three Potential Additional Accelerator Drills

Play 3: Bad Creek Stacked Pay Prospect:

• One New Drills Identified
• Two Potential Additional Accelerator Drills

Play 4: Bad Creek Booch Oil Prospect:

• Two New Drills Identified

Play 5: Bartlesville Horizontal Oil Prospect:

• Three New Horizontal Drills Identified
• Three New Drills Identified

Play 6: Patriot Stacked Play Prospect:

• Two New Drills Identified
• Two Potential Additional Accelerator Drills

Play 7: Schlumberger Cromwell/ Jefferson/Wilcox prospects:

• Eleven new drills identified

The Company will also seek out mineral lease acquisition targets of conventional drilling prospects and distressed/undercapitalized assets within prospect area and a three-hour radius from Tulsa - namely the Cherokee Basin, Southern Kansas Arbuckle, and Bartlesville strata. The ability to keep a watchful eye over operations is a core belief of the Company. The targeted well sites and mineral leases will be either producing or low-risk prospect sites.