South Texas Sale Package Stable Production SOUTH TEXAS SALE PACKAGE 33 Producing Wells; 9-PUDs; 1- SWD. www.plsx.com FRIO, DIMMIT, WILSON, SAN PATRICIO NonOperated WI Scan w/smart phone ATASCOSA, MATAGORDA & NEWTON PP /DVFor Sale for more information AUSTIN CHALK & OLMOS PRIVATE PEARSALL, KYOTE, GOOD LUCK FrSELLERio, Dimmitt, Wilson, Some Eagle Ford Rights. PRIVATEVAAT San Patricio, Newton, Atascosa, Matagorda Co. Maintenance & ReCompletions Possible ~142 SELLERLLEER Pearsall, Kyote, Good Luck Olmos & Austin Chalk ~96% OPERATED WI; ~77% NRI BOED SouthProd Tucexation s Sale Package Gross Prod: 97 BOPD & 307 MCFD Highliliighthts Executive Summary Frio, Dimmitt, Wilson, t Stable and predictaedictablb e Kona OPeil &arsa Gasll ,P Kroyotepertie, Gsood et al, Luc throkugh its operations affiliate, Spur Operating Co., San Patricio, Newton, Atascosa, Matagorda Co. production Inc., “Spur”, in SanOl mAntonioos & A, TXus tihanv Che retainedalk PLS Inc to market their interest in 39 wells (33 Net Prod: 84 BOPD & 280 MCFD ACTIVE Mostly Oil (~85%) t Additional upside popossible producing, 6 shut-in (3 temporariProdlyuc abtioandonedn ) and 1 SWD) in eight (8) South Texas Counties including Frio, Dimmitt, Gonzales, Wilson, San Patricio, Matagorda, Atascosa & Newton Co.). t Diverse package;age; On an area basis, these properties are located in well known fields such as Pearsall Mostly oil (75%%) Avg 2011 Cash Flow: ~$215,000/Mn FOR SALE (Navarro/Austin Chalk/Buda Lime); Kyote (2 Lses); Good Luck, (2 Wells); Peach Creek, (2 Wells); t Production fromom Olmmos, Cindy Ann (Austin Chalk); Harvey 14B (San Patricio); Mellon (Matagorda Lse); South Pruitt Austin Chalk, WWiilcox, (Escondido) and Brookeland (Austin Chalk )in Newton Co., TX. 9-Proved Undeveloped Locations Escondido andd Buda Lime Altogether these leases cover 5,187.73 gross acres and most of them come with 100% t Workover & Recompecompletion operated WI; high net revenues interests of 75.0%-79.3%. Only the Good Luck wells (2x; 42- Opportunitiess 58% WI) and the Harvey #1C (30 net boepd) lease come with less than a gross 75% interest. Core Assets- Stable To Flat Production I n total the package includes current gross production of 97 BOPD and 307 MCFD or t Gross Production:tion: a net production of 131 BOEPD. On a cash flow basis the assets reported operating income of 97 BOPD & 307 MCFD ~$215,000/Mn. Leases May Be Purchased Separately t Net Production:on: T he Seller seeks to sell these assets on a negotiated basis with preemptive offers welcome 84 BOPD & 28080 MCFD through late August. In addition, the Seller has33 a pre Prodferenceucing to sell We the llpackages; 1- SWD to one buyer, t 2011 Cash Floow:w: but will consider offers on a field level basis as long as the process yields a total exit from REVIEWING OFFERS. ~$215,000/Mn South Texas. AVG 96% OPERATED WI; ~77% NRI Gross Production: 97 BOPD & 307 MCFD Field Summaryaary ass of May 2011 PP 4752DV 2011 AVG Cash Flow: ~$215,000 Fieleld County Net Net Net (Formatioationsns)) (TX) Lease Acreage Bopd McfdStableBoe topd Flat ProdCommeuctionnts Brookeland Austin Chalk 17,500 Ft (Upside) Newton 2 Lses; 2 Wells 1,749.00 9 0 9 Single Laterals Cindy Ann Wilson 1 Well 80.00 10010Austin Chalk 7,700 Ft Good Luck Dimmitt11 2 Lses; 2 Wells 160.00 ~3 0~3 San Miguel 5,600 Ft 20 Wilcox, 9,100 Ft; PDNP Harvey (Behindnd Pipe) San Patricio© 1 Well 20.00 ~22 5932 For additional information, contact PLS’ transactions Upside Behind Pipe S L Divestment Services P 2 Lses; 15 Significant Upside; Kyote (Olmoss)(9-PUDsD )Frio Wells 684.20 ~3.5 0 ~3.5 9 PUD Locations team at (713) 650-1212 Mellon Matagorda 1 Lse 332.91 <1 115~19.5 Austin Chalk 8,,350 Ft.;; Peach Creek Eaaggle Forordd RiRights;ghts; Hot Area; (Significant Upside, Gonzaleess 2 Lsesess 480.00 ~5 ~7 ~ 6 33--D Seismic; $2,000-$3-$3,,000/ Eagle Ford Opportpportunity, Acre; EOG; Forest’ PVA Chalk Laterals) Active; New Austin Chalk Laterals Pearsall 5 Lses; 14 Frio Wells; 1 SWD 1,847.00 30~100 ~47 Chalk Buda Lime; Navarro South Pruit Atascosa 1 Well 109.00 ~1.5 0 ~1.5 Escondido www.plsx.com TOTAL 85 282 131.5 All Standard Disclaimers & Seller Rights Apply. Frio Co., TX Prospect www.plsx.com Eagle Ford Window Eagleford FRIO CO., TX PROSPECT Shale ~11,500-Acres. 2- Acreage Blocks. EAGLE FORD OIL WINDOW E-BENCH POTENTIAL L Buda, Austin Chalk Also Possible Offered by Champion Exploration & Hat Creek Energy Olmos & Escondido Formations. PEARSALL SHALE Olmos, Escondido, South Central & East Central Austin Chalk, Eagle Ford Frio County, TX & Buda Eagle Ford Shale Lies: 5,800-6,500 Ft. Possible Pearsall Shale 65-100% OPERATED WI; 75% NRI Offset Buda Lime IP: 1,000 BOPD Seller Seeks 2/3rd Partner New “E Bench” Play to Drill and Operate Seller Owns All Rights Solid Resource Potential. Individual Well Estimates: 350-675 MBO 2 Acreage Blocks. ~8,700 Acres & ~2,800 Acres. Eagle Ford Shale: 5,800-6,500 Ft. SELLER SEEKS PARTNER TO DRILL 100% OPERATED WI; 75% NRI WANTS 3 WELL COMMITMENT Offset E-Bench IP: 1,000 BOPD L 6553DV PLS © 2011 Divestment Services For additional information on this deal, contact PLS’ transactions team at (713) 650-1212 www.plsx.com Scan w/smart phone for more information 2 PEBA Oil & Gas Barnett Combo NonOp Pkg www.plsx.com Producingg MONTAGUE CO., TX PACKAGE Property ~70 Wells. 6289 Gross Acres. BARNETT COMBO Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Barnett NonOp Package Up To 12.5% NonOp WI; 75% NRI NONOP Montague Co., TX Barnett Combo Gross Prod: 647 BOPD & ~17 MMCFD ON GOING Additional Drilling Project Is Under Opportunities Present EOG Operations Net Prod: 25 BOPD & 446 MCFD DRILLING 3/11 Net Cash Flow: ~$115,000/Mn EOG IS OPERATOR PP 6983RR ~48-Active Wells. ~6,000-Acres. Majority Of Acreage Is HBP. Up To 12.5% NonOp WI; 75% NRI. For additional information, Also Varying ORRI Included. Gross Prod: 1,160 BOPD & ~24 MMCFD. contact PLS’ transactions team 11 11 20 20 © © at (713) 650-1212 S S L L Divestment Services P www.plsx.com Scan w/smart phone for more information Empressa Energy Bienville Acreage www.plsx.com BIENVILLE PH., LA ACREAGE Land & 4,~2,912-Gross / ~2,400-Net Acres. LAKE BISTINEAU & WOODARDVILLE AcreageA Haynesville & Bossier Shale L Haynesville Depths > 16,000 Ft Most Sections Contiguous. Bienville Ph., LA Acreage Signifi cant Haynesville Activity To West. ~2,912-Gross Bienville Parish, LA ~2,400-Net Acres 100% OPERATED WI; 75% NRI 3 to 5 Year Leases Significant Activity To West D&C Costs: $8.5-$9.0MM EUR/Well (Haynesville) 6-7 BCF (QEP) Offset by Questar, Petrohawk & Energen SEE PLS VIRTUAL DATA ROOM L 5645 ~2,912 Gross / ~2,400 Net Acres. Most Sections Contiguous. Significant Activity To West. PLS Is Assembling Data 11 20 © Divestment Services For additional information, contact PLS’ PLS transactions team at (713) 650-1212 www.plsx.com Scan w/smart phone for more information 3 2 Deals! Wind City Oil & Gas For Sale Oil Package + Marcellus Acreage www.plsx.com MCKEAN CO., PA PROPERTY MARCELLUS ACREAGE FOR LEASE 137 Producers; 5,500-Acres. ~3,500 Acres. BURNING WELL FIELD POTTER & TIOGA COUNTY SHALLOW OIL & GAS PP Marcellus & Utica Shale L McKean County, PA Sale Package BRADFORD PRODUCTION. ~2,600 Ft. 100% OPERATED WI; 75% NRI MINERALS INCLUDED Initial Production (IPs) 5.0-10.0 MMCFD Devonian Production: (2,600') Net Proved Reserves: 690 Mboe WATERFLOOD POTENTIAL READY TO DRILL Net Proved PV10: $12.3 MM 100% OPERATED WI; 87.5% NRI 50 EURs; 4.0-6.0 BCF/Well MARCELLUS McK Gross Production: 57 BOED BOED Active Permitting and Drilling Nearby BurningWell Field Net Production: ~50 BOED Offset by: Penn Virginia, SM Energy, Net Cash Flow: ~$90,000/Mn Ultra Resources, Seneca, EQT 100% RI Net Proved Reserves: 690 MBOE PACKAGE READY AUGUST 2011 Gross Production: 80 Boepd 3–mn. Avg. Net CF; ~$65,000/mn 81 PUD Locations Identifi ed PREPARING PKG FOR THIS ACREAGE. NewWell AFE: $100,000 Net Proved PV10: $12,300,000 L 4801DV NSAI Reserve Report Available 1 1 0 NSAI RSRV REPORT AS OF NOV. ‘08 2 © S L New Well Costs: $100,000 P Divestment Services PP 4640WF For additional details, call PLS’ transactions team at (713) 650-1212 www.plsx.com Scan w/smart phone Scan w/smart phone for more information for more information www.plsx.com NonOp WI Off shore High Volume Oil Production GULF OF MEXICO SALE PACKAGE NonOperated Working Interest Offshore Net Proved Reserves: 41 PDP. 34 Leases. 16,818 Net Acres. 1,942 MBOE Net Proved PV10: $35 EUGENE ISLAND & HIGH ISLAND, NSAI Report Available PP Eugene Island, High Island, Ship Shoal, West Delta Vermilion, East & West Cameron, 3-52% NonOp WI ghts Summary Ship Shoal & West Delta Platforms EUGENE 680 BOED Gulfsands Petroleum (AIM: GPX) owns a portfolio of non-operated oil erties located in the shallow “shelf” region of the GOM, offshore Texas and L New 3-D Shot Over Eugene Island 32 ISLAND 32 2%); 75% NRI The assets comprise 34 leases containing 20 producing fields; wworkin es range from 3% to 52%. serves: Net Production for 2011 is expected to average 680 BOEPD (60% oil) w Drilling/Workover CAPEX Scheduled Q4’11 STILL AVAILABLE generated reserve report illustrating total proved reserves of 1,942 MBOE d: $35.17MM ated PV10 value of $35,172,800. rkover 3%-52% NonOperated WI; 75% NRI 2/3 OF PKG Q4 ‘11 Need A Title 7.25 MM Net Production: 680 BOEPD (60% Oil) UNDER CONTRACT s Immediate Workovers & Exploitation 2010 Operating Cash Flow: $7,256,000/Yr.