Texas, Permian Basin – abandoned wells from 1950s now available for horizontal drilling. Bakersfield, California – abandoned wells from 1960s now available for horizotal drilling. Oklahoma, Anadarko Basin – abandoned wells from 1950s now available for horizontal drilling. Algeria – Onshore have two blocks with proven reserves of over a half Billion barrels and 3 TCF available via a JV with State oil company. Sudan – Open block with 5 wells that can produce about 5,000 BOPD and 40,000 BOPD when developed with 400 MMBO in reserves. Libya – Offshore block with 100 MMBO and several onshore blocks available. Malaysia – Onshore block with 80 MMBO in recoverable reserves with many wells that can be reactivated. End Prospectus Introduction __________________________________________________

