Stringfellow No. 1

The Muslow No. 1 is located on a 2,500 acre lease block in the Caddo Pine Island Field in NW Louisiana.  Initial production is 50 MCF of gas and 15 barrels of oil (BOPD).

Completed in Feb., 2007, the Stringfellow No. 1 is the seventeenth successful well Wilcox has made in the Waskom Field.  Initial production is 20 MCF of gas per day and 2 barrels of oil per day (BOPD).

The Fullilove No. 1 was an abandoned well that was discovered while staking the location for the Stringfellow No. 1.  It was completed in May, 2007 and is producing 20 MCF of gas per day and 2 BOPD.

• A 5,000 acre Cotton Valley formation prospect at Caddo Lake in NW Louisiana.  Projected depth is 10,000 feet.

• A 720 acre Hosston formation prospect at Rayville in NE Louisiana.  Projected depth is 2,800 feet.