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ANNOUNCEMENTS

Derrick Lights Oil and Gas Report

DRILLING PERMITS

None this Week

OIL WELL COMPLETIONS

Leon County

4.6 miles E. of Leona, Texas

Halliday (Woodbine) Field

New Gulf Resources LLC has completed its Carr-Ward Lease, Well No. 2H (API No. 42-289-32143), a new horizontal well completed 1-17-2015 --- 6,230’ FSWL & 446’ FNWL of the F. Del Valle Survey, Abstract 29, 15,521’ total depth, 8,050’-15,385’ producing interval, 459.90 acre lease

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

DATE OF TEST 3-3-2015

302 barrels of oil per day, 343,000 cubic feet of gas per day, 383 barrels of water per day, 42/64” choke, gas lift, 36 degree API oil, fracture stimulated, 8,679 barrels of oil produced prior to test

GAS WELL COMPLETIONS

None this Week

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