WEST SHEPPARD POOL FIELD – NORTH EAST OKLAHOMA
The Company has recently acquired a 50% joint venture interest in the West Sheppard Pool Field, an approximately 2,000 acre series of leases, which has previously been focused on natural gas production, located in Okmulgee County, Oklahoma. The 24 existing wells on the leases range from 850′ to 1950′ in depth with gas production from several zones as their main objective. There are several zones that have not been tested as to oil and gas production. Planning is currently underway to determine initial field work required.