Gaines County

10.6 miles SW. of Seminole, Texas

Robertson, N. (Clear Fork 7100) Field

Citation Oil & Gas Corp. has a new drill permit for its Exxon Fee Eubanks D Lease, Well No. 19 (API No. 42-165-38113), a vertical well --- 2,060’ FNL & 2,656’ FWL of Section 8, Block AX, PSL Survey, Abstract 1050, 7,600’ total depth, 437 acre lease

Gaines County

7.5 miles E. of Loop, Texas

Adair Field

Sha-Jam Operating Corp. has a new drill permit for its Vicki Lease, Well No. 3 (API No. 42-165-38146), a vertical well --- 1,787’ FEL & 780’ FSL of Section 4, Block G, C&M RR Co Survey, Abstract 913, 5,000’ total depth, 560 acre lease

Gaines County

7.5 miles E. of Loop, Texas

Adair Field

Sha-Jam Operating Corp. has a new drill permit for its Vicki Lease, Well No. 4 (API No. 42-165-38147), a vertical well --- 1,667’ FEL & 2,098’ FNL of Section 4, Block G, C&M RR Co Survey, Abstract 913, 5,000’ total depth, 560 acre lease

Oil Well Completions:

Gaines County

22 miles SW. of Seminole, Texas

Tex-Mex, SE (Wichita Albany) Field

Lime Rock Resources II-A LP has completed its Tex-Mex “9” Lease, Well No. 4 (API No. 42-165-37969), a new vertical well completed 6-18-2014 --- 760’ FEL & 1,801’ FSL of Section 9, Block A12, PSL Survey, Abstract 491, 7,853’ total depth, 7,495’-7,680’ producing interval, 480 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 6-19-2014

157 barrels of oil per day, 62,000 cubic feet of gas per day, 288 barrels of water per day, 1” choke, pumping, 35.6 degree API oil, stimulated with 127 barrels of 20% NEFE acid

Gaines County

12 miles S. of Seminole, Texas

Harris (San Andres) Field

Parallel Petroleum LLC has completed its Harris San Andres Unit Lease, Well No. 1630B (API No. 42-165-37995), a new vertical well completed 5-23-2014 --- 1,472’ FNL & 1,461’ FWL of Section 16, Block A22, PSL Survey, Abstract 728, 5,016’ total depth, 4,547’-4,930’ producing interval, 960 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 6-20-2014

13.4 barrels of oil per day, no gas, 153 barrels of water per day, no choke, pumping, 28 degree API oil, stimulated with 2,400 gallons of 15% NEFE acid, fracture stimulated with 50,263 pounds of sand

Gaines County

13 miles S. of Seminole, Texas

Harris (San Andres) Field

Parallel Petroleum LLC has completed its Hall Lease, Well No. 5 (API No. 42-165-37993), a new vertical well completed 5-29-2014 --- 2,318’ FNL & 1,631’ FWL of Section 24, Block A22, PSL Survey, Abstract 869, 5,007’ total depth, 4,586’-4,894’ producing interval, 80 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 6-20-2014

43.8 barrels of oil per day, no gas, 13 barrels of water per day, no choke, pumping, 31.6 degree API oil, stimulated with 2,350 gallons of 15% NEFE acid, fracture stimulated with 65,933 pounds of sand

Gaines County

27.5 miles SE. of Gaines, Texas

Spraberry (Trend Area) Field

W&T Offshore Inc. has completed its University 6-3 Lease, Well No. 3 (API No. 42-165-37999), a new vertical well completed 6-5-2014 --- 470’ FSL & 500’ FEL of Section 3, Block 6, University Land Survey, 11,475’ total depth, 8,100’-10,760’ producing interval, 640 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 7-15-2014

30 barrels of oil per day, 11,000 cubic feet of gas per day, 196 barrels of water per day, 12/64” choke, pumping, 35.9 degree API oil, fracture stimulated

Gaines County

23.3 miles NE. of Andrews, Texas

Spraberry (Trend Area) Field

W&T Offshore Inc. has completed its University 6-2 Lease, Well No. 1 (API No. 42-165-37692), a new vertical well completed 6-5-2014 --- 470’ FSL & 470’ FWL of Section 2, Block 6, University Land Survey, 11,495’ total depth, 7,510’-10,756’ producing interval, 520 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 7-11-2014

45 barrels of oil per day, 11,000 cubic feet of gas per day, 253 barrels of water per day, 10/64” choke, pumping, 35.9 degree API oil, fracture stimulated