Gaines County

4 miles E. of Loop, Texas

Wildcat Field

Sha-Jam Operating Corp. has a new drill permit for its Rae Lease, Well No. 1 (API No. 42-165-38192), a vertical well --- 467’ FWL & 2,173’ FNL of Section 6, Block G, C&M RR Co Survey, Abstract 914, 5,500’ total depth, 160 acre lease

Gaines County

23 miles SW. of Seminole, Texas

Tex-Mex, SE (Wichita Albany) Field

Sheridan Production Company LLC has a new drill permit for its Hoskins A Lease, Well No. 8 (API No. 42-165-38195), a vertical well --- 2,216’ FSL & 1,780’ FEL of Section 11, Block A12, PSL Survey, Abstract 412, 8,200’ total depth, 321.56 acre lease

Gaines County

23 miles SW. of Seminole, Texas

Tex-Mex, SE (Wichita Albany) Field

Sheridan Production Company LLC has a new drill permit for its Hoskins A Lease, Well No. 12 (API No. 42-165-38194), a vertical well --- 1,015’ FSL & 345’ FEL of Section 11, Block A12, PSL Survey, Abstract 412, 8,200’ total depth, 321.56 acre lease

Gaines County

25 miles SW. of Seminole, Texas

Tex-Mex, SE (Wichita Albany) Field

Sheridan Production Company LLC has a new drill permit for its P.S. Dunbar Lease, Well No. 3 (API No. 42-165-38193), a vertical well --- 428’ FSL & 1,566’ FWL of Section 24, Block A12, PSL Survey, Abstract 362, 8,200’ total depth, 564.22 acre lease

Gaines County

16 miles NW. of Seminole, Texas

Wasson Field

XTO Energy Inc. has a recompletion permit for its H & J Sec. 457 Lease, Well No. 10 (API No. 42-165-01658), a vertical well --- 660’ FNL & 1,980’ FEL of Section 457, Block G, CCSD&RGNG RR Co Survey, Abstract 38, 7,730’ total depth, 640 acre lease

Oil Well Completions:

Gaines County

7 miles SW. of Denver City, Texas

Wasson Field

Carl E. Gungoll Exploration LLC has completed its Higg Ranch 456 Lease, Well No. 11 (API No. 42-165-37965), a new vertical well completed 5-16-2014 --- 1,430’ FSL & 2,520’ FEL of Section 456, Block G, CCSD&RGNG RR Co Survey, Abstract 926, 5,405’ total depth, 4,901’-5,076’ producing interval, 602 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 5-30-2014

17 barrels of oil per day, 8,000 cubic feet of gas per day, 149 barrels of water per day, no choke, pumping, 32.5 degree API oil, stimulated with 8,300 gallons of 15% NEFE HCL acid

Gaines County

7 miles SW. of Denver City, Texas

Wasson Field

Carl E. Gungoll Exploration LLC has completed its Higg Ranch 456 Lease, Well No. 12 (API No. 42-165-37966), a new vertical well completed 5-6-2014 --- 2,100’ FSL & 330’ FEL of Section 456, Block G, CCSD&RGNG RR Co Survey, Abstract 926, 5,400’ total depth, 4,896’-5,080’ producing interval, 602 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 5-9-2014

135 barrels of oil per day, 30,000 cubic feet of gas per day, 197 barrels of water per day, no choke, pumping, 32.8 degree API oil, stimulated with 10,100 gallons of 15% NEFE HCL acid

Gaines County

22 miles SW. of Seminole, Texas

Tex-Mex, SE (Wichita Albany) Field

Sheridan Production Company LLC has completed its Ferguson Unit A Lease, Well No. 7 (API No. 42-165-37887), a new vertical well completed 7-26-2014 --- 2,261’ FSL & 2,060’ FWL of Section 19, Block A11, PSL Survey, Abstract 410, 8,036’ total depth, 7,172’-7,682’ producing interval, 80 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 8-6-2014

80 barrels of oil per day, 100,000 cubic feet of gas per day, 1,141 barrels of water per day, no choke, pumping, 32 degree API oil, fracture stimulated

Gaines County

22 miles SW. of Seminole, Texas

Tex-Mex, SE (Wichita Albany) Field

Sheridan Production Company LLC has completed its Ferguson Lease, Well No. 5 (API No. 42-165-37885), a new vertical well completed 6-24-2014 --- 2,320’ FSL & 390’ FEL of Section 19, Block A11, PSL Survey, Abstract 410, 8,002’ total depth, 7,190’-7,699’ producing interval, 321.50 acre lease

***** 24 HR. POTENTIAL TEST *****

DATE OF TEST 8-8-2014

36 barrels of oil per day, 56,000 cubic feet of gas per day, 302 barrels of water per day, no choke, pumping, 32.2 degree API oil, fracture stimulated