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SALE OF NON-OPERATED
PRODUCING PROPERTIES AND LEASEHOLD
ARKOMA BASIN WOODFORD SHALE
ATOKA & COAL COUNTIES, OKLAHOMA


- Non-Operated Woodford Shale horizontal wells
- Woodford Play is in early stage of development with significant
upside potential
- Expected net cash flow of $443,467 in 01/08
- Expected net sales of 2,003 MCFD and 6.8 BOPD in 01/08
- Ongoing drilling and completion activity
- Woodford Shale depth range 7,000’ to 12,500’
- Woodford Shale thickness 150’ to 300’
- Approximately 74,240 gross acres, 7,557 net acres
- 48 producing wells
- High BTU gas production
- Additional upside in shallower reservoirs
Technical Presentation and Data Room opens in Meagher's Tulsa Office January 28, 2008
| API |
WELL NAME/NUMBER |
S-T-R |
COUNTY |
ST |
OPERATOR |
W.I. % |
N.R.I. % |
RESV. CAT |
STATUS |
| |
Armstrong 1H-32 |
32-2N-12E |
Atoka |
OK |
Newfield |
10.000000 |
8.180000 |
PUD |
° |
| 3502920801 |
Cunningham 1H-20 |
20-2N-11E |
Coal |
OK |
Newfield |
17.637701 |
14.350000 |
PDP |
|
| 3502920848 |
Cunningham 1H-21 |
21-2N-11E |
Coal |
OK |
Newfield |
7.030000 |
5.713000 |
PDP |
|
| |
Maples 1H-7 |
7-1N-12E |
Atoka |
OK |
Newfield |
9.651600 |
7.841900 |
PUD |
° |
| 3500520316 |
McEntire 1H-20 |
20-2N-12E |
Atoka |
OK |
Newfield |
5.260000 |
4.300000 |
PUD |
° |
| |
Shannon 1H-13 |
13-1N-11E |
Coal |
OK |
Newfield |
1.171900 |
0.952100 |
PUD |
° |
| 3502920727 |
Smith 1-9 |
9-2N-11E |
Coal |
OK |
Newfield |
0.078100 |
0.063500 |
PUD |
* |
| |
South Rim 1H-15 |
15-2N-12E |
Atoka |
OK |
Newfield |
12.500000 |
10.000000 |
PUD |
^ |
| |
South Rim 1H-25 |
25-2N-11E |
Coal |
OK |
Newfield |
4.690000 |
3.752000 |
PUD |
^ |
| 3502920803 |
Stephens 1H-29 |
29-2N-11E |
Coal |
OK |
Newfield |
2.780000 |
2.224000 |
PUD |
|
| 3500520355 |
Tucker 1H-1 |
1-2N-12E |
Atoka |
OK |
Newfield |
12.6032 |
10.2401 |
PUD |
^ |
| 3502920776 |
Wilson 1H-32 |
32-2N-11E |
Coal |
OK |
Newfield |
5.859400 |
4.687501 |
PDP |
|
| 3502920843 |
Woodruff 1H-12 |
12-1N-11E |
Coal |
OK |
Newfield |
0.680000 |
0.555400 |
PDP |
|
| 3500520336 |
Blackburn 10-1H |
10-2S-10E |
Atoka |
OK |
Antero |
1.190000 |
0.955100 |
PDP |
|
| 3502920774 |
Blue 35-1H |
35-1S-10E |
Coal |
OK |
Antero |
12.500000 |
10.000000 |
PDP |
|
| 3502920888 |
Blue 35-2H |
35-1S-10E |
Coal |
OK |
Antero |
12.500000 |
10.000000 |
PDNP |
|
| 3502920887 |
Blue 35-3H |
35-1S-10E |
Coal |
OK |
Antero |
12.500000 |
10.000000 |
PDP |
|
| 3502920889 |
Blue 35-4H |
35-1S-10E |
Coal |
OK |
Antero |
12.500000 |
10.000000 |
PDP |
|
| 3502920815 |
Callicoat 31-1H |
31-1S-11E |
Coal |
OK |
Antero |
28.262780 |
25.120000 |
PDP |
|
| 3500520319 |
Carr Estate 12-1H |
12-2S-10E |
Atoka |
OK |
Antero |
7.810000 |
6.250000 |
PDP |
|
| 3500520296 |
Carr Estate 14-1H |
14-2S-10E |
Atoka |
OK |
Antero |
12.500000 |
10.160000 |
PDP |
|
| 3500520303 |
Carr Estate 2-1H |
2-2S-10E |
Atoka |
OK |
Antero |
4.780000 |
3.820000 |
PDP |
|
| 3500520363 |
Carr Estate 2-2H |
2-2S-10E |
Atoka |
OK |
Antero |
4.780000 |
3.820000 |
PDP |
|
| 3500520364 |
Carr Estate 2-3H |
2-2S-10E |
Atoka |
OK |
Antero |
4.780000 |
3.820000 |
PDP |
|
| 3500520372 |
Carr Estate 2-4H |
2-2S-10E |
Atoka |
OK |
Antero |
4.780000 |
3.820000 |
PUD |
|
| 3500520312 |
Carver 11-1H |
11-2S-10E |
Atoka |
OK |
Antero |
3.130000 |
2.500000 |
PDP |
|
| 3500520342 |
Carver 11-2H |
11-2S-10E |
Atoka |
OK |
Antero |
3.130000 |
2.500000 |
PDP |
|
| 3500520345 |
Carver 11-3H |
11-2S-10E |
Atoka |
OK |
Antero |
3.130000 |
2.500000 |
PDP |
|
| 3500520344 |
Carver 11-4H |
11-2S-10E |
Atoka |
OK |
Antero |
3.130000 |
2.500000 |
PDP |
|
| |
City of Atoka 9-1H |
9-2S-11E |
Atoka |
OK |
Antero |
0.390000 |
0.317400 |
PUD |
^ |
| 3502920882 |
City of Lehigh 16-1H |
16-1S-10E |
Coal |
OK |
Antero |
39.060000 |
31.738300 |
PDP |
|
| 3502920878 |
City of Lehigh 21-1H |
21-1S-10E |
Coal |
OK |
Antero |
17.190000 |
13.960000 |
PDP |
|
| 3502920814 |
Coal Creek 23-1H |
23-1S-10E |
Coal |
OK |
Antero |
3.130000 |
2.560000 |
PDP |
|
| 3502920816 |
Duncan 27-1H |
27-1S-10E |
Coal |
OK |
Antero |
2.060000 |
1.650000 |
PDP |
|
| 3502920895 |
Duncan 27-2H |
27-1S-10E |
Coal |
OK |
Antero |
2.060000 |
1.680000 |
PDP |
|
| 3502920897 |
Duncan 27-3H |
27-1S-10E |
Coal |
OK |
Antero |
2.060000 |
1.680000 |
PDP |
|
| 3502920896 |
Duncan 27-4H |
27-1S-10E |
Coal |
OK |
Antero |
2.060000 |
1.680000 |
PDP |
|
| 3502920915 |
Glass 29-1H |
29-1S-10E |
Coal |
OK |
Antero |
4.690000 |
4.690000 |
PDP |
|
| 3502920819 |
Harris 30-1H |
30-1S-11E |
Coal |
OK |
Antero |
0.560000 |
0.460000 |
PUD |
|
| 3502920885 |
Helvey Fed. 33-1H |
33-1S-10E |
Coal |
OK |
Antero |
12.710000 |
7.217700 |
PDP |
|
| 3502920841 |
Lutes 28-1H |
28-1S-10E |
Coal |
OK |
Antero |
6.250000 |
5.000000 |
PDP |
|
| 3500520305 |
Mack Carr 8-1 |
8-2S-11E |
Atoka |
OK |
Antero |
5.380000 |
4.200000 |
PDP |
|
| |
Mack Carr 8-2H |
8-2S-11E |
Atoka |
OK |
Antero |
5.380000 |
4.200000 |
PUD |
^ |
| 3500520373 |
Mack Carr 8-3H |
8-2S-11E |
Atoka |
OK |
Antero |
5.380000 |
4.200000 |
PUD |
^ |
| |
Mack Carr 8-4H |
8-2S-11E |
Atoka |
OK |
Antero |
5.380000 |
4.200000 |
PUD |
^ |
| 3502920809 |
Moeller Fed. 34-1H |
34-1S-10E |
Coal |
OK |
Antero |
6.250000 |
5.050000 |
PDP |
|
| 3502920910 |
Moeller Fed. 34-2H |
34-1S-10E |
Coal |
OK |
Antero |
6.250000 |
5.050000 |
PUD |
^ |
| 3502920911 |
Moeller Fed. 34-3H |
34-1S-10E |
Coal |
OK |
Antero |
6.250000 |
5.050000 |
PUD |
|
| 3502920905 |
Moeller Fed. 34-4H |
34-1S-10E |
Coal |
OK |
Antero |
6.250000 |
5.050000 |
PUD |
^ |
| 3500520339 |
Paschall 30-1H |
30-2S-11E |
Atoka |
OK |
Antero |
13.290000 |
10.630000 |
PDP |
|
| 3500520301 |
Pettigrew 19-1H |
19-2S-11E |
Atoka |
OK |
Antero |
14.620000 |
11.880000 |
PDP |
|
| 3500520351 |
Pettigrew 19-4H |
19-2S-11E |
Atoka |
OK |
Antero |
14.620000 |
11.880000 |
PDP |
|
| 3500520348 |
Pettigrew 19-2H |
19-2S-11E |
Atoka |
OK |
Antero |
14.500000 |
11.600000 |
PDP |
|
| 3500520350 |
Pettigrew 19-3H |
19-2S-11E |
Atoka |
OK |
Antero |
14.620000 |
11.880000 |
PDP |
|
| 3502920766 |
Prudential 32-1H |
32-1S-11E |
Coal |
OK |
Antero |
25.000000 |
20.000000 |
PDP |
|
| 3502920788 |
Churner 1-7 |
7-1N-11E |
Coal |
OK |
St. Mary |
3.900000 |
3.120000 |
PDP |
|
| 3502920935 |
Churner 2-7 |
7-1N-11E |
Coal |
OK |
St. Mary |
4.110620 |
3.288496 |
PUD |
° |
| |
Frederick Sandman 1-8 |
8-1N-11E |
Coal |
OK |
St. Mary |
7.260000 |
5.900000 |
PUD |
|
| 3502920781 |
Sandmann 1-18 |
18-1N-11E |
Coal |
OK |
St. Mary |
0.100000 |
0.080000 |
PDP |
|
| 3502920764 |
Teresa Hampton 1-6 |
6-1N-11E |
Coal |
OK |
St. Mary |
0.780000 |
0.660000 |
PDP |
|
| 3502920807 |
Teresa Twin 2-6 |
6-1N-11E |
Coal |
OK |
St. Mary |
0.780000 |
0.660000 |
PDP |
|
| 3502920892 |
Wilma Hampton 1-5 |
5-1N-11E |
Coal |
OK |
St. Mary |
32.170000 |
25.736000 |
PDP |
|
| 3500520309 |
Allen 24-1H |
24-2S-10E |
Atoka |
OK |
Chesapeake |
5.180000 |
4.170000 |
PDP |
|
| 3500520330 |
Kelly 6-1H |
6-2S-11E |
Atoka |
OK |
Chesapeake |
2.070000 |
1.680000 |
PDP |
|
| |
WACCAW 1-15H |
15-1N-11E |
Coal |
OK |
Chesapeake |
5.220000 |
4.170000 |
PUD |
^ |
| 3500520321 |
Wanda Sue 1H-15 |
15-2S-10E |
Atoka |
OK |
Chesapeake |
3.440000 |
2.750000 |
PDP |
|
| 3500520327 |
Cochran 1H-20 |
20-2S-11E |
Atoka |
OK |
Pablo |
15.100000 |
12.080000 |
PDP |
|
| 3500520310 |
Hardman 1H-25 |
25-2S-10E |
Atoka |
OK |
Pablo |
2.350000 |
1.880000 |
PDP |
|
| 3502920876 |
Ray 1H-20 |
20-1S-10E |
Coal |
OK |
Pablo |
16.670000 |
13.330000 |
PDP |
|
| 3500520337 |
Thomas 1H-5 |
5-2S-11E |
Atoka |
OK |
Pablo |
24.990000 |
19.990000 |
PDNP |
|
| 3500520324 |
Walker 1H-29 |
29-2S-11E |
Atoka |
OK |
Pablo |
1.940000 |
1.560000 |
PDP |
|
| |
Mowdy 1-27H |
27-2N-10E |
Coal |
OK |
Sundown |
0.160000 |
0.130000 |
PUD |
^ |
° AFE
* NON-PARTICIPATING INTEREST
^ PERMITTED
PUD CATEGORY IS LIMITED TO WELLS DRILLING, PERMITTED OR PROPOSED
NOTE: A Confidentiality Agreement (“CA”) must be executed prior to receiving the data
package. Upon receipt of this request, Meagher will furnish to you a CA for execution.
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