Our corporation is currently monetizing a majority (or outright) working interest position in a well established, low-decline producing fields in the Illinois Basin.

These assets have strong economics, and a reserve study has already been conducted (at our expense) increasing the confidence level in both the existing production and the de-risked locations. The report also endorses a remaining lifetime of the PDP to be 20+ years.

Current market parameters, combined with the [fluid] asking price for the interests is evaluated to be 29.41% net return on investment (3.40 year net payout).

Summary Presentations are presented upon inquiry, with remaining due diligence provided via virtual data room.

On-site field visits are to be arranged with appropriate parties after sufficient interest indication.

Posted Jul 18, 2016

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