The Panther Creek Lease totals 115 acres of which approximately 70% is in defined Fry Sand oil field. Of the 13 wells, one is a water supply well, three are water injection wells and nine are Fry Sand wells. The water supply well is 2,885 feet deep. The company expects to re-complete this well as a Marble Falls Limestone well or possibly a Barnett Shale well. The original Fry Sand well was drilled to 2,680 feet; we expect to re-complete as a Marble Falls Limestone well or possibly a Barnett Shale well. It may be feasible to deepen and re-complete some of the other Fry wells in the Caddo Limestone or Marble Falls Limestone. Panther Creek has a 630 barrel tank farm and all infra-structure is completed