Transcribed

Texas Energy Exploration LLC - Exploration History

District 3 CHAMBERS JEFFERSON GALVESTON GALLETION BRAZORIA - IGH IS Fhee Lengnr Lite GALVESTON AMATAGORDA HIGH IS E ADD District 2 LA CALHOUN State Waters BRAZOS HIGH!S HIGH IS E ADD S EXT Federal Waters DEATAGCREA IS S ADD ARANSAS GAL VESTON SADD MATAGORDA IS LE BRAZOS SADD Gulf of Mexico NUECES STANG IS AUSTANG IS E ADD USTANG IS KLEBERG Texas Coastal Counties Offshore and Bay Areas Oil and Gas Division Districts District 4 KENEDY NPADRE IS LE N PADRE IS E ADD Three League Lne; The beundary between state and federal jurisdiction located three marine leagues (approximately 10.35 miles) offshore in the Gulf of Mexico. Marne League = 3 Nautical Miles Nautical Mile 6.0/6 Feet WILLACY SPADE SPADRE IS S PADRE IS E ADD LB CAMERON

Texas Energy Exploration LLC - Exploration History

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Since companies in the oil industry thought that these fresh water sands were just water bearing, they were drilled through and largely unrecognized in earlier years. Although several gas wells were c... ompleted in the 1980's within the confines of the recently discovered producing areas the oil was missed. The quality of potential production was not apparent until recently. Significant development of the shallow oil and gas delayed until the year 2000. The oil and gas leases owned by Texas Energy Exploration, LLC have proven oil & gas reserves above 3,100 feet. Furthermore, these leases also cover sands in the Yegua, Cockfield and Wilcox, which may hold considerable potential. Therefore, the potential reservoirs, underneath the proven reserves above 3,100 ft., may prove to be the most valuable. The leases of Texas Energy Exploration, LLC may cover production from 1,100’-10,300’ that could produce income for the next 20-50 years.