All Proven Oil Reserves Deals Must Have....

1. Current production assets. No secondary recovery

2. 30- 40 years duration decline curve preferred.

3. Proven reserves, not exploration/wildcatting.

4. Known operators. May stay on board and sell off 80% of company, or sell entire company if we have a known operator partner coming in to run prospect.

5. Need reserve reports: P1, P2 and P3. Reserve report SEC approved.

6. Need to understand risks on leases and primary terms on acreage.

7. 1,000 barrels/day production, with opportunity for infield expansion

8. Acquisition opportunities exceeding $70MM

Acquisition targets that are either owned by the seller or those that a legal contract option to purchase exist between the client and the seller only.

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