The Company engages in the acquisition, exploration, and development of oil and gas properties in the United States. Our primary focus is on acquiring leases and wells in established oil fields to minimize risk, especially leases that have been poorly operated or shut in and that can be put back into production. In some instances, the Company will joint venture to further minimize risk and to add to its reserve base more quickly.on target to produce over 300 barrels of oil per day in this fiscal year.

The Company has acquired five oil & gas leases on 2,036 acres in Central Texas, including 48 producing and shut-in wells. Approximately 1,100 acres are in defined oil & gas fields. These fields have several proven oil and gas zones. There are many opportunities for in-fill drilling.

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To date, the Company has put 28 wells into operation and plans to put 6 more of the existing wells into production by the end of 2010. Total production is estimated at 100 barrels per day by the end of the year; this includes gas in 'equivalent' barrels. The Company also plans to drill at least four new wells by May 2011. This is expected to add 140 barrels per day to production.

The Company is a fully reporting, public company listed on the OTC Bulletin Board.