Ark-La-Tex Scout

16 Pages·2017·5.33 MB·English

Regional Oil & Gas Intelligence April 13, 2017
A L T S
RK- A- EX COUT

Serving the local market with drilling activity, permits & deals for sale Volume 05, No. 05
Indigo Minerals dominates Haynesville completions
Regional Activity
(State Data)
Yorktown Partners-backed Indigo Indigo holds 97,350 net acres in the
Permits Issued (03/20/17 - 04/10/17)
Minerals is among the private players Haynesville, according to its website.
Compls Permits that have been a force in the Haynesville Just last December, the company was
over the last year. The company delivered revealed to be the buyer of 78,000 net
Arkansas 26 3
North Louisiana 43 42 this issue’s best well and six
Best well flows ~22.0 MMcf/d, while
East Texas (RRC 5) 3 8 of the top 10, competing with
six average 18.1 MMcf/d.
East Texas (RRC 6) 16 37 public peers Comstock and
TOTAL 88 90 Chesapeake. Drilled in DeSoto Parish, acres in the play from Chesapeake.
Most Active Operators by Permits Louisiana, the DeSoto OG 13-12-1 HC Aside from the Haynesville, Indigo’s
➊ Indigo Minerals LLC 13 #2-Alt flowed 21.6 MMcf/d on a 22/64- two other primary targets are the Vaughn
➋ XTO Energy 29 9 in. choke at Canadian Bayou field. This horizon of the Cotton Valley at Holly
Total
➌ Sheridan Production 7 well’s lateral was 9,250 ft. The six wells field (84,884 net acres) and the Bossier
had an average IP of 18.1 MMcf/d. (75,000 net acres).
Permits by Formation (by Last Scout)
Vine plans 44-well program this year as it files for IPO
Formation 04/13 03/23 03/02
Haynesville 38 30 21 In the latest signal that the Haynesville Louisiana. The Cloyce Clark 19 #1-3Alt
Cotton Valley 10 10 5 is back, consistently strong player Vine averaged 12.0 MMcf/d on a 10/64-in.
Pettit 8 3 3 Resources filed for IPO this week, pricing choke. Laterals average ~5,000 ft. Vine
Wilcox 5 3 2 the offering at $500 million. Vine is the has delivered wells at 12.0-18.0 MMcf/d
Travis Peak 4 7 2 first of a trio of active private operators— over the last year.
Barnett 2 10 – Vine entered the Haynesville in 2014
Holt Bryant 2 2 2 Has grown volumes 48%, brought through the acquisition of 107,000 net
47 wells online since Shell buy.
Fayetteville 2 – 5
acres from Shell and has since brought 47
Fredericksburg 2 – –
the other two being Indigo Minerals and wells online across Red River, DeSoto and
Other Formations 17 11 33
Covey Park—to go public. In this issue, Sabine parishes. Vine said in its S-1 filing
TOTAL 90 76 73
the Blackstone Group-backed company that it achieved 48% CAGR from 3Q15 to
Sources: AOGC, SONRIS & TXRRC
logged three Haynesville completions 4Q16. For full-year 2016, Vine averaged
Active Rigs Running (Baker Hughes) 55 at Gahagan field in Red River Parish, 218 MMcf/d. Continues On Pg 12
Top 15 Vine O&G North Louisiana Haynesville Wells DEALS FOR SALE
Compl
CLAIBORNE PH., LA PROPERTY
Parish Well Name Field Date TD ~Lat MCFD
28-Active Wells. 27-PDNP. 124-PUD.
Red River Westdale RX 29-32HC #001-Alt Red River-Bull Bayou 06/26/16 20,395 7,946 18,100
OAKS & E. HAYNESVILLE FIELDS
PP
Red River Westdale RX 29-32HC #002-Alt Red River-Bull Bayou 06/26/16 20,550 8,058 18,000 ~9,000-Net Acres.
DeSoto Briarwood 5-32HC #1-Alt Red River-Bull Bayou 06/18/16 19,668 7,199 17,800 HORIZONTAL COTTON VALLEY PUD
Mostly 100% OPERATED WI
DeSoto Briarwood 5-32HC #2-Alt Red River-Bull Bayou 06/17/16 19,781 7,306 17,600 Gross Production: >500 BOED ~400
Red River Rex Young 29 H #2-Alt Red River-Bull Bayou 06/19/16 16,926 4,512 15,325 Net Production: ~400 BOED BOED
Red River Westdale RX 29H #1-Alt Red River-Bull Bayou 06/26/16 17,353 5,027 15,100 Net Proved Reserves: ~15.7 MMBOE
PP 9050DV/RE
Red River George Lormand 32H #1-Alt Red River-Bull Bayou 06/17/16 17,442 5,009 15,100
Red River George Lormand 32H #2-Alt Red River-Bull Bayou 06/17/16 17,396 4,983 15,100 NORTH LOUISIANA NONOP SALE
Sabine James Hall 2-35HC #1-Alt Pleasant Hill 08/31/16 19,136 7,002 14,000 26-Wells. 3,235-Net Acres. 19-HBP Units.
HAYNESVILLE, CV, HOSSTON
Red River Jackson D Jr 35-26 HC #1-Alt Bracky Branch 10/15/16 18,601 6,081 12,512
Bienville, Caddo, DeSoto & Red River
PP
Red River Jackson Davis Jr 2H #2-Alt Bracky Branch 10/14/16 17,799 5,281 12,300 NonOperated WI Available
Red River Jackson Davis Jr 35H #1-Alt Bracky Branch 10/15/16 17,625 5,098 12,150 Recent Net Production: ~1,750 MCFD
Net Proved Reserves: ~100 BCFE ~1,750
Sabine Olympia Min 1-36HC #1-Alt Bayou San Miguel 12/16/16 18,143 5,874 12,100
3-Recent Permits; AFE Long Laterals MCFD
DeSoto Advanced L & T 11 #2-Alt Mansfield 11/13/16 16,890 4,719 12,100 11-ReFracs: $900,000-$2,800,000 Each
DeSoto Nabors Prop 11 #1-Alt Mansfield 11/10/16 17,155 5,034 12,100 Post ReFracs: 40-75% of Original IP
PP 9051DV/RE
Source: Texas Railroad Commission
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ARK-LA-TEX 2 Legend ⊞ Field/Formation Oil Gas Õ CBM Plugged Oil Plugged Gas
ª 6 ° 8
Dry Hole Injection Water Supply O Observation SWD è Service
55 Rigs Running / 90 Permits Issued
Rig Count Provided by Baker Hughes
ARKANSAS Source: AOGC
Camterra Resources filed
BHI State a permit for B-44 field in
Pg County
Rigs Permits Sebastian County, Ark.
See page 6.
6 Cleburne – –
6 Columbia – –
6 Conway – –
ARKANSAS
6 Faulkner – –
01 Rig
6 Sebastian – 1 Running
Tanos Exploration filed 03 Permits
7 Van Buren – – a recompletion permit Issued
7 White 1 2 for Bald Prairie field in
Robertson County, Texas.
TOTALS 1 3
See page 13.
Sklar Exploration filed
SELLING NONCORE a permit for Castor field
in Bienville Parish, La.
ASSETS IN THIS REGION?
See page 8.
Let PLS divestment arm monetize those
assets and maximize the sale price! ETX (RRC 6)
20 Rigs
ETX (RRC 5) Running N. LOUISIANA
EAST TEXAS (RRC 5) Source: TXRRC 02 RRuignsn ing 37 PIsesurmedits 32 RRuignsn ing
08 Permits 42 Permits
Issued Issued
BHI State
Pg County
Rigs Permits
13 Falls – 1
– Henderson 2 –
13 Johnson – 1
13 Leon – 2 Denbury filed a permit
Covey Park Resources for Delhi field in Richland
13 Limestone – –
filed a permit for Parish, La. See page 12.
13 Robertson – 2 Carthage field in Rusk
13 Tarrant – 2 County, Texas. See
page 16.
TOTALS 2 8 NORTH LOUISIANA Source: SONRIS
BHI State
Pg Parish
EAST TEXAS (RRC 6) Source: TXRRC Rigs Permits
Regional Scouts
8 Avoyelles – 1
BHI State
Pg County
Rigs Permits 8 Bienville – 1
The Ark-La-Tex Scout, published
14 Angelina 1 3 8 Bossier – 2
every three weeks, includes stories
14 Cass – – 10 Caddo 1 3
and graphics highlighting local drilling
activity, discoveries, new developments 14 Cherokee 4 1 10 Claiborne – 1
plus stats on drilling permits, completions 14 Gregg – 4 10 Concordia – 1
and P&A activity for Arkansas, North
14 Harrison 2 1 10 DeSoto 19 21
Louisiana and East Texas (RRC 5 & 6).
14 Houston 1 – 11 Franklin – 1
PLS Inc. 14 Marion – 1 11 Grant – 4
One Riverway, Suite 2500
14 Nacogdoches 2 3 11 Jackson 1 2
Houston, Texas 77056
16 Panola 1 11 12 LaSalle – 1
Postmaster: Send address changes to PLS Inc.
16 Rusk 2 6 12 Lincoln 6 –
713-650-1212 (Main) / 713-658-1922 (Fax)
16 San Augustine 6 5 12 Red River 5 –
© Copyright 2017 by PLS Inc. 16 Shelby – 1 12 Richland – 1
All rights reserved. No part of this document 16 Smith 1 1 12 Sabine – 3
may be reproduced or transmitted in any 16 Upshur – – 12 Winn – –
form or by any means without permission.
TOTALS 20 37 TOTALS 32 42
3 DRILLING & EXPLORATION
April 13, 2017 (Data thru 04/10/17)
Operator Index Operator Index Regional Highlights
Permits Pg(s) Permits Pg(s)
• The Ark-La-Tex region has 55
Aethon Energy – 8, 10 James Drilling – 12-13
active rigs—51 gas and four oil—
Arbol Resources 1 13 Jamex Inc 1 14 up from 25 YOY.
Basa Resources – 14 KJ Energy 1 16 • White County, Arkansas, has a rig
BHP Billiton – 7 Linn Operating – 13 running, up from zero YOY.
• The Haynesville has 38 rigs
BOG Energy 2 12 Nadel & Gussman Ruston – 12
running, up nine since the
Bonanza Creek Energy – 6 Neches Exploration 1 14
beginning of the year.
BP America 5 14 Petro-Guard Production – 8
• Comstock completed the
Breitburn Operating – 14 PetroQuest Energy 3 16 second-best well of this issue. The
Brooks Petroleum – 14 QEP Energy – 8 Halsey 14 HZ #1-Alt was drilled at
Logansport field in DeSoto Parish.
Buffco Production – 14, 16 Range Louisiana Op 2 11
The well flowed 20.5 MMcf/d on a
Camterra Resources 1 6 Saddle Operating 2 13
30/64-in. choke. The well sports a
Cavalcade Operating – 12 SEECO 2 6-7
4,900-ft lateral. Comstock anticipates
CCI East TX Upstream LLC 4 14, 16 Sheridan Production 7 16 40% volume growth this year.
Chesapeake 6 10 Sklar Exploration 1 8 • XTO Energy recompleted a strong
Comstock O&G 3 11-12 Strand Energy 1 16 Haynesville well in San Augustine
County, Texas. The Black Stone A398
Covey Park Gas LLC – 11 Stroud Petroleum 1 16
#H 3 tested at 11.5 MMcf/d on a
Covey Park Resources 1 16 Sunland Production 1 11
16/64-in. choke in Carthage field. The
CTR Oil 1 12 Tanos Exploration 5 13-14, 16 well’s lateral is 7,500 ft.
Denbury 2 11-12 TMR Exploration 1 11 • Chesapeake Energy continues to
Empresa Energy 1 8 Trinity River Energy 1 13 drill monster Haynesville wells. The
GLD 1H flowed 42 MMcf/d with an
Flamingo Operating – 13 Valence Operating 1 14, 16
8,200-ft lateral. The well came online
Gage Energy 1 10 Vanguard Operating 1 10
in Caddo Parish, Louisiana, during Q1.
Hawkwood Energy – 13 Venture O&G 1 8
• Range Resources has narrowed
Indigo Minerals LLC 13 11 Vine O&G – 12 its landing interval in North Louisiana
Indigo Resources 2 11 Walker Operating 1 13 to within 25-40 ft, down from 100 ft
when it acquired the position from
James Addie & J. Thornton 3 11 Wilcox Energy 1 8
Memorial Resource last May. Upper
Continues On Next Column XTO Energy 9 6-7, 13-14, 16
Red IRRs at $3 gas exceed 100%.
• PetroQuest says it has increased
East Texas Monthly Permit Count Cotton Valley IP rates 105% to 13.0
MMcf/d since 2011. At the same
50
time, well costs per lateral foot are
RRC 5 RRC 6
down 45% to $1,200 while laterals
45
MAR 2017 MAR 2016
are up to 4,747 ft from 3,654 ft.
40 RRC 5: 11 RRC 5: 5 • Exco Resources just sold off its
RRC 6: 48 RRC 6: 14
Eagle Ford assets for $300 million,
35 which it will use to fund Haynesville
and Bossier drilling.
30
• WildHorse Resources is
currently operating one rig in North
25
Louisiana’s Ruston-Choudrant-
20 Tremont field, which it says is
geologically analogous to the
15 prolific Terryville field nearby. It has
drilled 11 operated horizontals to
10 date, but company management
drilled 55 wells for Memorial
5
Resource Development (now
Range) prior to turning over
0
Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 operations in January 2015.
Source: Texas Railroad Commission
' * 9 %
ARK-LA-TEX 4 Legend ⊞ Field/Formation Oil Gas Õ CBM Plugged Oil Plugged Gas
ª 6 ° 8
Dry Hole Injection Water Supply O Observation SWD è Service
Completion Index
(08/01/16 - 03/27/17) Source: PLS DataPortal
County Operator Well Name Field TD bo/d Mcf/d Oil Grav Pg
ARKANSAS
Cleburne XTO Energy Shier #2-36H B-43 9,315 – – – 6
Columbia Bonanza Creek Energy Dodson #4 Dorcheat Macedonia 8,840 35 0.1 – 6
Columbia Bonanza Creek Energy 3× Willis B #7 Dorcheat Macedonia 8,400 28 7 – 6
Columbia Bonanza Creek Energy Willis B #8 Dorcheat Macedonia – 44 198 – 6
Conway SEECO Ralph Bryant #9-14 8-16H21 B-43 7,194 – – – 6
Conway XTO Energy Means #1-30H B-43 9,570 – – – 6
2×
Faulkner XTO Energy Martin #1-18H7 B-43 11,196 – – – 6
Van Buren BHP Billiton Helen Smith 11-13 #3-1H B-43 6,666 – – – 7
Van Buren BHP Billiton 3× Weaver 11-13 #1-12H B-43 6,349 – – – 7
Van Buren BHP Billiton Weaver 11-13 #2-12H B-43 6,518 – – – 7
Van Buren SEECO Monroe 10-14 #5-28H33 B-43 10,195 – – – 7
Van Buren XTO Energy Alta-Jones #1-29H B-43 5,306 – – – 7
White BHP Billiton Blickenstaff 8-9 #2-24H B-43 9,935 – – – 7
2×
White BHP Billiton Hart 8-9 #2-22H B-43 9,720 – – – 7
AR
White SEECO English 9-8 #9-27H22 B-43 12,980 – –Results – 7
Not
White SEECO English 9-8 #10-27H35 B-43 12,061 – –Posted – 7
White SEECO English 9-8 #13-27H21 B-43 10,947 – – – 7
White SEECO 7× English 9-8 #14-27H21 B-43 13,607 – – – 7
White SEECO English 9-8 #15-27H21 B-43 12,287 – – – 7
White SEECO English 9-8 #16-27H34 B-43 11,523 – – – 7
White SEECO English 9-8 #17-27H22 B-43 12,470 – – – 7
White XTO Energy Billy Smith #1-14H B-43 9,001 – – – 7
White XTO Energy Deltic #1-29H B-43 7,868 – – – 7
White XTO Energy 5× James #5-6H18 B-43 8,506 – – – 7
White XTO Energy Ligon #3-36H B-43 10,540 – – – 7
White XTO Energy Reeves #4-24H B-43 10,524 – – – 7
NORTH LOUISIANA
Avoyelles Petro-Guard Production Haas Inv Co #1 Eola 9,000 66 50 – 8
Bienville QEP Energy Thomas 6-15-9 H #1 Alabama Bend 17,487 – 14,169 – 8
Bossier Aethon Energy Mercer 9H #1-Alt Elm Grove 16,398 – 8,200 60.0° 8
Bossier Aethon Energy Mercer 9H #2-Alt Elm Grove 16,011 – 5,655 60.0° 8
Bossier Aethon Energy Mercer 9H #3-Alt Elm Grove 16,034 – 8,601 60.0° 8
Bossier Aethon Energy 7× Mercer 9H #4-Alt Elm Grove 16,355 – 5,905 60.0° 8
Bossier Aethon Energy Rocking T 10H #1-Alt Elm Grove 16,645 – 11,350 60.0° 8
Bossier Aethon Energy Rocking T 10H #2-Alt Elm Grove 16,400 – 11,320 60.0° 8
Caddo Aethon Energy Franks 17-8HC #1-Alt Elm Grove 18,977 – 14,182 60.0° 10
Caddo Chesapeake ADBN 27&22-16-14 HC #1-Alt Caspiana 21,620 – 17,784 – 10
DeSoto Chesapeake GLD 36&1&12-15-15HC #1-Alt Caspiana 20,438 – 15,720 – 10
DeSoto Chesapeake 4× GLD 36&1&12-15-15HC #2-Alt Caspiana 20,534 – 9,408 – 10
DeSoto Chesapeake Six J 1&12-14-15 HC #1-Alt Caspiana 22,125 – 16,510 – 10
DeSoto Comstock O&G Halsey 14 HZ #1-Alt Logansport 16,286 – 20,545 – 11
DeSoto Covey Park Gas LLC Brummett 8-17 HC #2-Alt Holly 18,703 – 9,879 – 11
DeSoto Indigo Minerals LLC DeSoto OG 13-12 HC #1-Alt Canadian Bayou 15,773 – 14,223 – 11
DeSoto Indigo Minerals LLC 3× DeSoto OG 13-12-1 HC #1-Alt Canadian Bayou 20,510 – 20,328 – 11
DeSoto Indigo Minerals LLC DeSoto OG 13-12-1 HC #2-Alt Canadian Bayou 20,998 – 21,550 – 11
To Order A Download Of This Data, Email [email protected] Continues On Pg 5
5 DRILLING & EXPLORATION
April 13, 2017 (Data thru 04/10/17)
Completion Index
(08/01/16 - 03/27/17) Source: PLS DataPortal
County Operator Well Name Field TD bo/d Mcf/d Oil Grav Pg
NORTH LOUISIANA
DeSoto Indigo Minerals LLC J A Blunt 13-24 HC #1-Alt Canadian Bayou 19,868 – 16,337 – 11
3×
DeSoto Indigo Minerals LLC J A Blunt 13-24 HC #2-Alt Canadian Bayou 19,727 – 17,514 – 11
DeSoto Indigo Minerals LLC J A Blunt 13-24 HC #3-Alt Canadian Bayou 19,603 – 18,816 – 11
Grant Sunland Production Nation #1 Black Creek 4,601 80 – 42.0° 11
LaSalle Cavalcade Operating Urania Lumber Company N #26 Tullos-Urania 1,617 1 – 20.1° 12
3×
LaSalle Cavalcade Operating Urania Lumber Company N #37 Tullos-Urania 1,508 1 – 20.1° 12
LaSalle Cavalcade Operating Urania Lumber Company N #84 Tullos-Urania 1,508 2 – 20.1° 12
Lincoln Nadel & Gussman Ruston LLC Hale 23 #1 West Simsboro 10,615 – 20 – 12
Red River Vine O&G Cloyce Clark 19 #1-Alt Gahagan 17,688 – 12,000 – 12
Red River Vine O&G 3× Cloyce Clark 19 #2-Alt Gahagan 17,836 – 12,000 – 12
Red River Vine O&G Cloyce Clark 19 #3-Alt Gahagan 17,101 – 12,000 – 12
Richland Denbury Delhi UT #119-7 Delhi 3,681 73 – 49.0° 12
Winn James Drilling Cavenham 19 #25 Salt 1,495 3 – 21.0° 12
Winn James Drilling Cavenham 19 #26 Salt 1,438 3 – 21.0° 12
Winn James Drilling Cavenham 19 #27 Salt 1,439 3 – 21.0° 12
Winn James Drilling Cavenham 19 #28 Salt 1,445 3 – 21.0° 13
Winn James Drilling Cavenham 19 #30 Salt 1,442 3 – 21.0° 13
Winn James Drilling Cavenham C 20 #33 Salt 1,469 3 – 21.0° 13
Winn James Drilling 13× Cavenham C 19 #29 Salt 1,473 3 – 21.0° 13
Winn James Drilling Cavenham C 20 #35 Salt 1,460 2 – 21.0° 13
Winn James Drilling Santa Fe Snyder Donner 31 #42 Joyce 1,194 2 – 21.0° 13
Winn James Drilling Santa Fe Snyder Donner 31 #43 Joyce 1,201 2 – 21.0° 13
Winn James Drilling Santa Fe Snyder Donner 31 #44 Joyce 1,195 1 – 21.0° 13
Winn James Drilling Santa Fe Snyder Donner 31 #45 Joyce 1,202 2 – 21.0° 13
Winn James Drilling Santa Fe Snyder Donner 31 #47 Joyce 1,472 2 – 21.0° 13
EAST TEXAS (RRC 5)
Leon Flamingo Operating Ellison #1 Hilltop Resort 8,000 20 30 37.0° 13
Limestone Linn Operating Toni Alexander #1 Personville 10,866 – 220 – 13
Robertson Hawkwood Energy B Blazek Unit #2H Aguila Vado 12,311 309 – 35.0° 13
EAST TEXAS (RRC 6)
Cass Buffco Production Conner #2 Lake Ferrell 11,842 25 1 45.0° 14
Cherokee Breitburn Operating Reagan-Black Stone-Wilkinson AL #2H Overon 18,667 412 8,066 58.0° 14
Gregg Tanos Exploration Doby-Clemens #1H Willow Springs 17,285 – 3,742 – 14
Houston Basa Resources Angie Dominy #10 Laura La Velle E 1,700 30 – 22.0° 14
Marion Brooks Petroleum Thompson #1H Lake Ferrell 14,741 110 15 41.0° 14
Nacogdoches XTO Energy Trawick GU 4 #2 Trawick 8,772 – 24 – 14
Panola Sheridan Production Dennard Unit #3 Carthage 9,624 – 174 – 16
Panola Sheridan Production 3× Hull Unit A #A 23 Carthage 9,617 3 458 58.0° 16
Panola Sheridan Production Neal #7 Carthage 9,660 1 323 57.5° 16
Panola Valence Operating J W Wiltcher Gas Unit #1 Carthage 6,815 – 441 – 16
San Augustine XTO Energy Black Stone A398 #B 4 Carthage 20,465 – 10,633 – 16
San Augustine XTO Energy Black Stone A398 #H 2 Carthage 22,170 – 9,800 – 16
San Augustine XTO Energy 5× Black Stone A398 #H 3 Carthage 21,485 – 11,526 – 16
San Augustine XTO Energy BSI Eagles DU #H 2 Carthage 22,288 – 9,800 – 16
San Augustine XTO Energy BSI Mountain Hawks DU #H 1 Carthage 21,320 – 9,260 – 16
Upshur Buffco Production Cedar Springs Gas Unit 3 #7 Cedar Springs 11,750 50 75 45.0° 16
' * 9 %
ARK-LA-TEX 6 Legend ⊞ Field/Formation Oil Gas Õ CBM Plugged Oil Plugged Gas
ª 6 ° 8
Dry Hole Injection Water Supply O Observation SWD è Service
Top Operators Top Counties
ARKANSAS PERMITS BHI
(03/20/17 - 04/10/17) Permits (03/20/17 - 04/10/17) Permits Rigs
CLEBURNE
* ARKANSAS: Top 2 (3 of 3 Permits) ARKANSAS: Top 2 (3 of 3 Permits)
XTO Energy. Workover. Shier #2-36H. 03-
023-10205. B-43 Field. Fayetteville. HZ. Gas. SEECO 2 White 2 1
AR AR
Workover 02/23/17. Orig Compl 06/11/09. Camterra Resources 1 Sebastian 1 –
320’ FNL & 680’ FEL of Sec 36-9N-10W; BHL
N. LOUISIANA: Top 10 (35 of 42 Permits) N. LOUISIANA: Top 10 (39 of 42 Permits)
485’ FSL & 583’ FEL of Sec 36. TD 9,315’. Surf
Casing 9.625” to 562’ & Prod Casing 5.5” to Indigo Minerals LLC 13 DeSoto 21 19
9307’. Perf’d 5178’-9204’. Chesapeake 6 Grant 4 –
COLUMBIA Comstock O&G 3 Caddo 3 1
Bonanza Creek Energy. 3 Workovers.
James Addie & John Thornton 3 Sabine 3 –
⊞ Dorcheat Macedonia Field (Cotton Valley)
BOG Energy 2 Bossier 2 –
Workover. Dodson #4. 03-027-12075. Oil.
NLA
Workover 03/09/17. Orig Compl 05/23/15. Denbury NLA 2 Jackson 2 1
Sec 20-18S-21W. TD 8,840’. Perf’d 6968’-8515’.
Indigo Resources 2 Avoyelles 1 –
FTP 90 PSI. CP 60 PSI. GOR 3:1. Pumped 35
Range Louisiana Op 2 Bienville 1 –
bo/d & 0.1 Mcf/d.
Workover. Willis B #7. 03-027-11981. Oil. Empresa Energy 1 Concordia 1 –
Workover 03/17/17. Orig Compl 04/11/14.
Gage Energy 1 LaSalle 1 –
Sec 17-18S-21W. TD 8,400’. Perf’d 6608’-8350’.
ETX (RRC 5): Top 6 (8 of 8 Permits) ETX (RRC 5): Top 5 (8 of 8 Permits)
FTP 120 PSI. CP 40 PSI. GOR 250:1. Pumped 28
bo/d & 7 Mcf/d. Saddle Operating 2 Leon 2 –
Workover. Willis B #8. 03-027-12077. Oil.
XTO Energy 2 Robertson 2 –
Workover 03/18/17. Orig Compl 06/26/15.
Sec 17-18S-21W. Perf’d 6626’-8586’. FTP 240 Arbol Resources 1 Tarrant RRC 2 –
RRC 5
PSI. CP 150 PSI. GOR 4,500:1. Pumped 44 bo/d Tanos Exploration 5 1 Falls 1 –
& 198 Mcf/d.
Trinity River Energy 1 Johnson 1 –
CONWAY
* Walker Operating 1 ETX (RRC 6): Top 11 (37 of 37 Permits)
SEECO. Workover. Ralph Bryant #9-
ETX (RRC 6): Top 10 (34 of 37 Permits) Panola 11 1
14 8-16H21. 03-029-10761. B-43 Field.
Fayetteville. HZ. Gas. Workover 03/20/17. Sheridan Production 7 Rusk 6 2
Orig Compl 11/20/10. 584’ FSL & 900’ FEL of
XTO Energy 7 San Augustine 5 6
Sec 16-9N-14W; BHL 2205’ FSL & 879’ FEL of
BP America 5 Gregg 4 –
*Se c 16. TD 7,194’. Perf’d 3920’-7118’.
XTO Energy. Workover. Means #1-30H. 03- CCI East TX Upstream LLC 4 Angelina 3 1
029-11001. B-43 Field. Fayetteville. HZ. Gas. Tanos Exploration 4 Nacogdoches RRC 3 2
Workover 02/18/17. Orig Compl 02/20/12. 6
RRC
PetroQuest Energy 3 Cherokee 1 4
227’ FNL & 1076’ FEL of Sec 30-8N-17W; BHL 6
615’ FSL & 596’ FEL of Sec 30. TD 9,570’. Surf Jamex Inc 1 Harrison 1 2
Casing 9.625” to 1217’ & Prod Casing 5.5” to
KJ Energy 1 Marion 1 –
9550’. Perf’d 5480’-9447’. PBTD 9,459’.
Neches Exploration 1 Shelby 1 –
FAULKNER
* Strand Energy 1 Smith 1 1
XTO Energy. Workover. Martin 1-18H7.
03-045-10241. B-43 Field. Fayetteville. HZ. Gas. TOTAL 90 TOTAL 90 55
Workover 03/10/17. Orig Compl 10/14/10. 100’ Sources: AOGC, SONRIS & TXRRC Sources: Baker Hughes, AOGC, SONRIS & TXRRC
FSL & 1620’ FEL of Sec 18-8N-11W; BHL 550’ FSL &
578’ FEL of Sec 18. TD 11,196’. Surf Casing 9.625”
Ark-La-Tex Workover Rig Count
to 1350’, Int Casing 7” to 5972’ & Prod Casing 4.5
to 11196’. Perf’d 5930’-11102’. PBTD 11,111’. 120 100%
95%
SEBASTIAN February 2017 saw a 21% increase YOY 90%
100 from 48 workover rigs to 58. 85%
Camterra Resources. 6,584’ Permit. Yadon 80%
75%
#15-24. 03-131-11593. B-44 Field. U Borum A, 80 70%
58 Workover Rigs 65%
B & C. Dir. Gas. 2437’ FSL & 637’ FWL of Sec 60 5650%%
24-6N-29W; PBHL 1590’ FSL & 560’ FWL of Sec 50%
24. PTVD 6,500’. 640 Acres. Issued 03/23/17. 40 28% Utilization 4405%%
35%
20 30%
25%
20%
plus www.plsx.com/docfinder 0 15%
XTO Energy
Source: GUIBERSON / Association of Energy Service Companies (AESC)
7 DRILLING & EXPLORATION
April 13, 2017 (Data thru 04/10/17)
*
ARKANSAS PERMITS SEECO. 7 Completions, 2 HZ Permits. Completion. English 9-8 #17-27H22. 03-
⊞ B-43 Field (Fayetteville) 145-11570. HZ. Gas. Completed 02/23/17.
VAN BUREN
10,350’ Permit. Woodmere Land Timber Orig Permit 11/16/15. 1629’ FSL & 2195’ FWL
BHP Billiton. 3 Workovers. 9-7 #5-11H2. 03-145-11574. Gas. 1933’ FNL & of Sec 27-9N-8W; BHL 1160’ FNL & 2250’
⊞* B-43 Field (Fayetteville) 2457’ FEL of Sec 11-9N-7W; PBHL 1280’ FNL FWL of Sec 27. TD 12,470’. Surf Casing 9.625”
Workover. Helen Smith 11-13 #3-1H. 03- & 2306’ FEL of Sec 2. PTVD 3,700’. 640 Acres. to 1021’ & Prod Casing 5.5” to 12359’. Perf’d
141-10836. HZ. Gas. Workover 03/16/17. Orig Issued 03/28/17. 5252’-11904’. 109,250 Gals Acd 169,094 Bbls
Compl 05/20/10. 260’ FSL & 1360’ FEL of Sec 11,753’ Permit. Woodmere Land Timber Slickwtr 12,987,380 Lbs Sd.
*
1-11N-13W; BHL 16’ FNL & 1184’ FEL of Sec 1. 9-7 #6-11H2. 03-145-11575. Gas. 1913’ FNL & Completion. English 9-8 #9-27H22. 03-
*TD 6,666’. Perf’d 2100’-6562’. PBTD 6,578’. 2458’ FEL of Sec 11-9N-7W; PBHL 1030’ FNL & 145-11521. HZ. Gas. Completed 02/19/17.
Workover. Weaver 11-13 #1-12H. 03-141- 1027’ FWL of Sec 2. PTVD 3,734’. 640 Acres. Orig Permit 11/20/14. 1628’ FSL & 2235’ FWL
10716. HZ. Gas. Workover 03/13/17. Orig ⊞* B-43 Field (Moorefield) of Sec 27-9N-8W; BHL 1453’ FNL & 1892’ FEL of
Compl 05/13/09. 250’ FSL & 1035’ FWL of Sec Completion. English 9-8 #10-27H35. 03- Sec 27. TD 12,980’. Surf Casing 9.625” to 1059’
12-11N-13W; BHL 480’ FNL & 583’ FWL of Sec 145-11522. HZ. Gas. Completed 02/21/17. Orig & Prod Casing 5.5” to 12980’. Perf’d 5608’-
1*2 . TD 6,349’. Perf’d 2161’-6256’. Permit 11/16/15. 1627’ FSL & 2255’ FWL of Se 12600’. 21K Gals Acd 180,693 Bbls Slickwtr
Workover. Weaver 11-13 #2-12H. 03-141- 27-9N-8W; BHL 726’ FSL & 840’ FWL of Sec 27. 13,501,086 Lbs Sd.
10776. HZ. Gas. Workover 03/15/17. Orig TD 12,061’. Surf Casing 9.625” to 1060’ & Prod XTO Energy. 5 Workovers.
Compl 07/12/09. 204’ FSL & 1141’ FWL of Sec Casing 5.5” to 12052’. Perf’d 5271’-11923’. 19,500 ⊞ B-43 Field (Fayetteville)
12-11N-13W; BHL 481’ FNL & 1746’ FWL of Sec G*a ls Acd 161,297 Bbls Slickwtr 7,962,652 Lbs Sd. * Workover. Billy Smith #1-14H. 03-145-
1*2 . TD 6,518’. Perf’d 2246’-6420’. Completion. English 9-8 #13-27H21. 03- 11003. HZ. Gas. Workover 03/07/17. Orig
SEECO. Workover. Monroe 10-14 #5- 145-11566. HZ. Gas. Completed 02/21/17. Orig Compl 11/09/10. 180’ FSL & 700’ FEL of Sec 14-
28H33. 03-141-11251. B-43 Field. Fayetteville. Permit 11/16/15. 1630’ FSL & 2176’ FWL of Sec 27- 8N-8W; BHL 428’ FNL & 52’ FEL of Sec 14. TD
HZ. Gas. Workover 03/27/17. Orig Compl 9N-8W; BHL 1501’ FSL & 1123’ FEL of Sec 27. TD 9,001’. Surf Casing 9.625” to 583’ & Prod Casing
11/02/11. 187’ FNL & 531’ FEL of Sec
10,947’. Surf Casing 9.625” to 1019’ & Prod Casing 5.5” to 8995’. Perf’d 5490’-8882’. PBTD 8,904’.
28-10N-14W; BHL 1375’ FNL & 1639’ FEL of *
5.5” to 10825’. Perf’d 5896’-10520’. 10,500 Gals Workover. Deltic #1-29H. 03-145-10565.
*Se cX 2T8O. T EDn 1e0rg,1y9. 5W’. oPrekrof’vde 4r.4 A4l6ta’--1Jo0n13e0s ’.# 1-29H. *Ac d 110,499 Bbls Fld Slickwtr 5,385,854 Lbs Sd. HZ. Gas. Workover 03/14/17. Orig Compl
Completion. English 9-8 #14-27H21. 03- 07/15/09. 230’ FNL & 1500’ FWL of Sec 29-
03-141-10119. B-43 Field. Fayetteville. HZ. Gas.
145-11567. HZ. Gas. Completed 02/16/17. Orig 10N-6W; BHL 571’ FSL & 566’ FWL of Sec 29.
Workover 02/21/17. Orig Compl 06/01/07.
Permit 11/16/15. 1632’ FSL & 2136’ FWL of Sec TD 7,868’. Surf Casing 9.625” to 570’ & Prod
1842’ FNL & 200’ FEL of Sec 29-10N-15W; BHL
27-9N-8W; BHL 1061’ FSL & 552’ FWL of Sec 27. Casing 5.5” to 7090’. Perf’d 3656’-6976’.
522’ FNL & 2409’ FWL of Sec 29. TD 5,306’. Surf TD 13,607’. Surf Casing 9.625” to 1016’ & Prod * Workover. James #5-6H18. 03-145-11337.
Casing 9.625” to 545’ & Prod Casing 5.5” to
Casing 5.5” to 13588’. Perf’d 5333’-13382’. 18K HZ. Gas. Workover 03/16/17. Orig Compl
5298’. Perf’d 3045’-5207’. PBTD 5,298’.
G*a ls Acd 188,089 Bbls Slickwtr 9,109,148 Lbs Sd. 10/30/12. 287’ FSL & 1718’ FWL of Sec 6-10N-
WHITE Completion. English 9-8 #15-27H21. 03-
* 7W; BHL 350’ FNL & 1739’ FEL of Sec 6. TD
BHP Billiton. Workover. 145-11568. HZ. Gas. Completed 02/19/17. Orig 8,506’. Perf’d 3085’-8392’.
Blickenstaff 8-9 #2-24H. Permit 11/16/15. 1631’ FSL & 2156’ FWL of Sec * Workover. Ligon #3-36H. 03-145-10867. HZ.
03-145-10773. B-43 Field. 27-9N-8W; BHL 1612’ FSL & 2207’ FWL of Sec 27. Gas. Workover 03/04/17. Orig Compl 01/13/10.
Fayetteville. HZ. Gas. Workover 03/11/17. Orig TD 12,287’. Surf Casing 9.625” to 1021’ & Prod 180’ FSL & 1664’ FWL of Sec 36-8N-8W; BHL 14’
Compl 02/09/10. 230’ FNL & 2179’ FEL of Sec Casing 5.5” to 12287’. Perf’d 5754’-12148’. 15K FSL & 1965’ FWL of Sec 36. TD 10,540’. Surf
24-8N-9W; BHL 484’ FSL & 2392’ FWL of Sec *Ga ls Acd 152,349 Bbls Slickwtr 7,486,652 Lbs Sd. Casing 9.625” to 552’ & Prod Casing 5.5” to
2*4 . WTDo r9k,9o3v5e’r. .P eHrfa’dr t5 786-59’- 98#227-2’. 2H. 03-145- 145C-1o1m5p69le. tHioZn. . GEans.g Clioshm p9le-8te d# 1062-/2175H/1374.. O0r3ig- *10 5W28o’.r Pkeorvfe’dr. 5R9e4e5v’-e1s0 4#142-2’. 4PHBT. D0 31-01,44535-1’. 1228.
10407. B-43 Field. Fayetteville. HZ. Gas. Permit 11/16/15. 1628’ FSL & 2215’ FWL of Sec HZ. Gas. Workover 02/28/17. Orig Compl
Workover 03/09/17. Orig Compl 09/05/08. 27-9N-8W; BHL 1170’ FSL & 513’ FEL of Sec 27. 12/15/11. 199’ FNL & 1689’ FWL of Sec
250’ FSL & 2665’ FEL of Sec 22-8N-9W; BHL TD 11,523’. Surf Casing 9.625” to 1021’ & Prod 24-8N-10W; BHL 14’ FSL & 1474’ FWL of Sec
475’ FNL & 3006’ FEL of Sec 22. TD 9,720’. Casing 5.5” to 11512’. Perf’d 5650’-11379’. 17,240 24. TD 10,524’. Surf Casing 9.625” to 1044’
Perf’d 5603’-9615’. Gals Acd 141,393 Bbls Slickwtr 6,997,105 Lbs Sd. & Prod Casing 5.5” to 10518’. Perf’d 6020’-
10102’. PBTD 10,425’.
Ark-La-Tex Commodity Prices
Source: Plains All American; *NYMEX Front Month
Oil & Gas Targets
Pricing Indexes 04/11/17 04/04/17 Year Ago
West Texas Intermediate* $53.40 $51.03 $40.36 60
51 Gas Rigs
East Texas Field $47.00 $44.75 $34.75 50 The Ark-La-Tex rig count
has increased by 120%
East Texas Sour $46.00 $43.75 $33.75
40 YOY from 25 to 55.
East Texas Light Sour $47.00 $44.75 $35.75
30
East Texas Condensate $45.00 $42.75 $33.75
20
Source: Baker Hughes
North Louisiana $46.75 $44.50 $33.75
10 4 Oil Rigs
North Louisiana Condensate $46.75 $44.50 $33.75
0
South Arkansas and North Louisiana Sour $45.75 $43.50 $32.75
' * 9 %
ARK-LA-TEX 8 Legend ⊞ Field/Formation Oil Gas Õ CBM Plugged Oil Plugged Gas
ª 6 ° 8
Dry Hole Injection Water Supply O Observation SWD è Service
DEALS FOR SALE NORTH LOUISIANA PERMITS BOSSIER
AVOYELLES Aethon Energy. 6 Completions.
LAFAYETTE CO., AR PROSPECT ' Petro-Guard Production. Recompletion. ⊞* Elm Grove Field (Haynesville)
6-Potential Wells. 640-Acres. Completion. Mercer 9H #1-Alt. 17-015-
Haas Inv Co #1. 17-009-20639. Eola Field.
SMACKOVER TREND DV 25038. Gas. Completed 12/29/16. Orig
Sparta Sand. Oil. Recompleted 03/09/17.
Obj 1: Smackover At 10,000 Ft. Permit 07/22/15. 615’ FSL & 1541’ FEL of Sec
Orig Compl 03/01/12. Sec 7-2S-3E. Spud
2D Seismic & Subsurface Geology Available 9-16N-12W; BHL 200’ FNL & 730’ FEL of Sec 9.
11/29/11. TD 9,000’. Perf’d 7347’-7465’ (5).
50% OPERATED WI; 75% NRI Spud 08/20/15. TD 16,398’. TVD 11,745’. Perf’d
PBTD 8,435’. CP 60 PSI. Pumped 66 bo/d &
Expected IP Rates: 200 BOPD 11865’-16123’. Choke 16/64-in. CP 7,675 PSI.
Est Well Reserves: 500+ MBO SMACKOVER 50 MWcilfc/odx. Energy. 1,680’ Repermit. Parawon *Oil Grav 60° API. Flowed 8,200 Mcf/d.
Est Project Reserves: 3.1 MMBO Completion. Mercer 9H #2-Alt. 17-015-
DHC: $750,000; Compl: $917,000 #1. 17-009-20434. Saline Lake S Field. Frio. 25039. Gas. Completed 12/29/16. Orig
CONTACT GEOLOGIST FOR MORE INFO O&G. 450’ FSL & 2200’ FWL of Sec 11-4N-4E. Permit 07/22/15. 629’ FSL & 1539’ FEL of Sec
DV 5778 Issued 03/27/17.
9-16N-12W; BHL 200’ FNL & 1710’ FEL of Sec 9.
BIENVILLE
MILLER CO., ARKANSAS PROSPECT * Spud 08/20/15. TD 16,011’. TVD 11,803’. Perf’d
QEP Energy. Recompletion. Thomas 11890’-15862’. Choke 16/64-in. CP 7,325 PSI.
2 Wells Drilled.
PILL BRANCH FIELD 6-15-9 H #1. 17-013-22057. Alabama *Oil Grav 60° API. Flowed 5,655 Mcf/d.
Bend Field. Haynesville. Gas. Completion. Mercer 9H #3-Alt. 17-015-
Jeter 1 & 2 Lime Targets
DV Recompleted 02/21/17. Orig 25040. Gas. Completed 12/29/16. Orig
Fossiliferous & Oolitic Tidal Shoals
Compl 07/02/11. 300’ FSL & Permit 07/22/15. 644’ FSL & 1537’ FEL of Sec
Target Depth ~6,000 Ft.
2200’ FEL of Sec 31-16N-9W; BHL 250’ FNL 9-16N-12W; BHL 200’ FNL & 2641’ FWL of Sec 9.
Core Data and Production Tests
& 2320’ FEL of Sec 31. Spud 09/24/10. TD Spud 09/13/15. TD 16,034’. TVD 11,745’. Perf’d
SEEKING JV PARTNER SEEKING
17,487’. TVD 12,505’. Perf’d 12890’-17423’. 11950’-15894’. Choke 16/64-in. CP 7,545 PSI.
Expected Well IP: ~40 BOPD PARTNER
Offsetting Wells Avg ~100 MBO (49 Wells) Choke 16/64-in. FTP 7,660 PSI. CP 7,660 PSI. *Oil Grav 60° API. Flowed 8,601 Mcf/d.
Flowed 14,169 Mcf/d. Completion. Mercer 9H #4-Alt. 17-015-
Est Well EUR: 75 MBO/Well
Sklar Exploration. 8,500’ Permit. J B Evans 25041. Gas. Completed 12/29/16. Orig
Potential Reserves: 1.4 MMBO
11-4 #1. 17-013-22159. Castor Field. Hosston. Permit 07/22/15. 659’ FSL & 1535’ FEL of Sec
DHC: $250,000; D&C Costs: $600,000 DEALS
Gas. 1039’ FNL & 1012’ FWL of Sec 11-14N-7W. 9-16N-12W; BHL 207’ FNL & 1661’ FWL of
DV 8829 FOR
SALE Issued 03/28/17. Sec 9. TD 16,355’. TVD 11,848’. Perf’d 12350’-
15512’. Choke 16/64-in. CP 7,283 PSI. Oil Grav
UNION CO., AR PROSPECT
434-Acre Deal Defined By 3 Wells. Crude Forward Curve ($/bbl) *60 °C AoPmI. pFlloewtioend. 5R,9o0c5k Mincgf /Td . 10H #1-Alt. 17-
SMACKOVER SHORELINE
Prospect Identified By 3 Wells. DV $60 015-25043. Gas. Completed 12/23/16. Orig
Permit 09/02/15. 393’ FSL & 2186’ FEL of
2D Seismic Interpreted.
Sec 10-16N-12W; BHL 200’ FNL & 1775’ FWL
100% OPERATED WI AVAILABLE
Potential Reserves: 1.05 MMBO SMACKOVER $55 of Sec 10. Spud 10/25/15. TD 16,645’. TVD
DHC: $624,000; Completion: $472,000 2017 11,752’. Perf’d 11960’-16421’. Choke 18/64-
in. CP 7,800 PSI. Oil Grav 60° API. Flowed
CONTACT SELLER FOR MORE INFO $50
DV 3286 *11 ,350 Mcf/d.
Completion. Rocking T 10H #2-Alt. 17-
TEXAS HAYNESVILLE PROSPECT $45 2016 January 6, 2015 • VQolumeu 0S8e, riNvoicn. g0 1tkhe mParketprlacei wcith neews, analysis and business opportunities 015-25044. Gas. Completed 12/23/16. Orig
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5-7 - Potential Wells. $3.6 of Sec 20. PTVD 9,400’. Issued 03/23/17.
LEON COUNTY Venture O&G. 9,000’ Repermit.
DV
Cotton Valley Reef. ~16,250 Ft. $3.2 Hawthorne 27 #1. 17-015-88157. Arkana
3D Seismic & Subsurface Data--- 2017 Field. Cotton Valley D. Oil. 2123’ FSL & 2002’
-- With Reef Penetration COTTON $2.8 FWL of Sec 27-23N-13W. Issued 03/20/17.
Nearby Marathon’s Reef Wells. VALLEY 2016
OPERATIONS Available; 75% NRI REEF $2.4
March 3, 2017 • Volume 28, No. 03
Est Project Reserves: ~350+ BCF ADT DEALS
ransacTions
DV 4170 $2.0 Serving the marketplace with news, analysis and business opportunities
EQT’s $527MM bid beats Tug Hill for Stone’s Marcellus/Utica Conoco moves forward with
Stone Energy sold its entire Appalachian position to EQT Corp., which won $5-8B divestment effort
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All Standard Disclaimers & Seller Rights Apply.
9 DRILLING & EXPLORATION
April 13, 2017 (Data thru 04/10/17)
Ark-La-Tex Deals For Sale
Listing Codes
Deals For Sale in Eastern Rig Count
This Issue
Drilling Ventures This Last
Wk Year
For Lease Type #

Drilling Venture 16 DeSoto, LA 19 5
Producing Property

For Lease 2 Lincoln, LA 6 6
Wanted Listing
Producing Property 3 San Augustine, TX 6 2
List with PLS, 713-650-1212. Wanted Listing 2
Red River, LA 5 2
TOTAL 23
Cherokee, TX 4 2
Harrison, TX 2 1
Henderson, TX 2 –
Nacogdoches, TX 2 –
Ark-La-Tex PLS Total Listings Sold
Listings in Last 90 Days Rusk, TX 2 –
Angelina, TX 1 –
Region # Region #
Source: Baker Hughes
Arkansas 6 Arkansas 1
East Texas (RRC 5) 6 East Texas (RRC 5) –
East Texas (RRC 6) 16 East Texas (RRC 6) 2
North Louisiana 24 North Louisiana 1
SELLING NONCORE
TOTAL 52 TOTAL 4
Visit www.plsx.com/listings ASSETS IN THIS REGION?
for all Ark-La-Tex deals.
Let PLS divestment arm monetize those
assets and maximize the sale price!
DV 5778 (Pg 8)

W 6663PP (Pg 14)
Miller
DV 3286 (Pg 8)
WANTED: EAST TEXAS PRODUCTION
RRC District #6 DV 8829 (Pg 8)
Austin_Chalk PDreeafel Srsi zCeo: t$to1n0 -V2a0l0le My iPlliloany Union
DV 3856 (Pg 10)
DV 3722L (Pg 12)

East_Texas_TX
East Texas
Claiborne DV 5777 (Pg 12)
Bossier
Haynesville_Shale

DV 2205 (Pg 10) DV 3723 (Pg 10) PP 9050DV/RE (Pg 1) Lincoln DV 4543 (Pg 14)

CLAIBORNE PH., LA PROPERTY
28-Active Wells. 27-PDNP. 124-PUD. Ouachita
Mostly 100% Operated WI
Smith Net Production: ~400 BOED
Jackson
PP 2585DV (Pg 14)

W 6667G (Pg 14) DV 5864 (Pg 12)
De Soto
WANTED: EAST TEXAS MIDSTREAM L 3820DV (Pg 14)
RRC District #6 Haynesville Shale Winn
Cash-Ready Buyer
Seller Can Retain Operatorship If Desired DV 4382M (Pg 12)
DV 4343 (Pg 12)

Nacogdoches
Sabine
DV 4170 (Pg 8)
DV 4362 (Pg 8) DV 4988 (Pg 10)

Leon
DV 5963 (Pg 10) Angelina PP 9051DV/RE (Pg 1) L 2615 (Pg 14)
NORTH LOUISIANA NONOP SALE Rapides
Robertson 26-Wells. 3,235-Net Acres. 19-HBP Units.
Austin Chalk Dienville, Caddo, DeSoto & Red River
Net Proved Reserves: ~100 BCFE
' * 9 %
ARK-LA-TEX 10 Legend ⊞ Field/Formation Oil Gas Õ CBM Plugged Oil Plugged Gas
ª 6 ° 8
Dry Hole Injection Water Supply O Observation SWD è Service
DEALS FOR SALE NORTH LOUISIANA PERMITS CONCORDIA
CADDO Gage Energy. 3,500’ Permit. Exxon-Mobil
ROBERTSON CO., TX PROSPECT * Aethon Energy. Completion. Franks 17- Fee SC #5. 17-029-23269. Coochie Field. Frio. Oil.
6-Potential Wells. DV 8HC #1-Alt. 17-015-25031. Elm Grove Field. 1665’ FNL & 1910’ FWL of Sec 11. Issued 03/27/17.
EAST TEXAS Haynesville. Gas. Completed 12/31/16. Orig DESOTO
Horizontal Drilling Opportunity
Permit 06/08/15. 4290’ FSL & 2232’ FWL of Sec Chesapeake. 3 Completions, 3 HZ Permits.
Targets: Buda, Georgetown &
A10u0s%tin OCPhEalRk AFToErmDa WtioI;n 7s5% NRI BUDA 3Se0c-1 86.N S-p1u2dW 0; 9B/H04L /1150.8 T9D’ F1N8L,9 7&7 ’.1 T6V9D7’ 1F1E,7L 6o7f’. ⊞* CCoasmppialentaio Fni.e lGdL (DH a3y6n&e1s&v1il2le-1) 5-15HC #1-
Perf’d 11819’-18813’. Choke 19/64-in. CP 7,770 Alt. 17-031-26320. Gas. Completed 02/14/17.
Offset Wells IP: 1,088 - 1,628 BOPD
PSI. Oil Grav 60° API. Flowed 14,182 Mcf/d. Orig Permit 03/29/16. Sec 36-15N-15W. Spud
CONTACT AGENT FOR MORE INFO
DV 5963 DFEOARLS ⊞* CChasepsaiapneaa kFeie. l1d C (oHmaypnleetsiovnil,l e3) H Z Permits. 0162/00898/’1-260. 3T1D7’. P2B0T,4D3 82’0. ,3T6V5D’. C1h1o,k9e1 22’.2 /P6e4r-fin’d.
S3-MPoItTeHnti aCl OW.e,l lsT.X 8 4P5-RToOtaSl PAcEreCsT. SALE Alt.C 1o7m-0p1l7e-t3io6n0.4 5A.D GBaNs. C2o7&m2p2l-e1t6e-d1 40 2H/2C2 /#117-. *CP 8C,o0m75p PleStIi.o Fnl.o wGeLdD 153,67&210& M12cf-/1d5.- 15HC #2-
EAST TEXAS BASIN Orig Permit 09/21/16. 603’ FSL & 820’ FWL of Alt. 17-031-26319. Gas. Completed 02/14/17.
WOODBINE FORMATION DV Sec 27-16N-14W; BHL 180’ FNL & 1700’ FWL Orig Permit 03/28/16. 1486’ FSL & 942’ FEL of
Paluxy Woodbine Sub C. 7,700 Ft. of Sec 22. Spud 10/10/16. TD 21,620’. TVD Sec 36-15N-15W; BHL 1425’ FNL & 380’ FEL of
Sub Clarksville. 4,900 Ft. 11,546’. Perf’d 11950’-21574’. PBTD 21,587’. Sec 12. Spud 06/08/16. TD 20,534’. TVD 11,949’.
3-D Seismic/Subsurface Data Available Choke 22/64-in. CP 7,819 PSI. Perf’d 12256’-20424’. PBTD 20,471’. Choke
8E7x.p5e%ct eOdP WERelAl TIPE:D 2 2W0I ;B 7O5P%D N &R 3I MWMCOFODDBINE Flow21e,d1 6157’ ,784P eMrmcfi/td. . JHSN 2*2 /C64o-minp. lCePti o7n,4. 6S7i xP SJI. F1l&o1w2e-d14 9-,1450 8H MCc f#/1d-.A lt.
Net Well Rsrvs: 420 MBO & 2.5 MMCF 28&33&4-15-15HC #1-Alt. 17-017-36071. Gas. 17-031-26322. Gas. Completed 03/03/17. Orig
DHC: $650,000; Compl: $250,000 2569’ FSL & 1088’ FWL of Sec 28-15N-15W; Permit 04/04/16. 173’ FSL & 1357’ FWL of Sec
DV 3723 Call PBHL 360’ FNL & 500’ FWL of Sec 4. PTVD 36-15N-15W; BHL 180’ FSL & 1850’ FWL of Sec
PLS 11,720’. Issued 03/27/17. 12. Spud 06/16/16. TD 22,125’. TVD 11,940’.
SMITH CO., TX PROSPECT 21,243’ Permit. JHSN 28&33&4-15-15HC #2- Perf’d 12107’-22008’. PBTD 22,055’. Choke
2,318-Acres. Alt. 17-017-36072. Gas. 2599’ FSL & 1088’ FWL 22/64-in. CP 7,755 PSI. Flowed 16,510 Mcf/d.
DV
EAST TEXAS - ARK-LA-TEX of Sec 28-15N-15W; PBHL 360’ FNL & 1380’ ⊞ Red-River-Bull Bayou Field (Haynesville)
FWL of Sec 4. PTVD 11,820’. Issued 03/27/17.
Rodessa Formation At 10,000 Ft. 24,036’ Permit. Hewitt 3&10-13-12 HC #1-
Goodland Lime At 7,500 Ft. RODESSA 20,568’ Permit. JHSN 28&33-15-15 HC #1- Alt. 17-031-26460. Gas. 242’ FNL & 1170’ FWL
Alt. 17-017-36070. Gas. 2539’ FSL & 1089’ FWL
100% OPERATED WI; 75% NRI of Sec 3-13N-12W; PBHL 330’ FSL & 380’ FWL
HBP Acreage Available Via Farmout of Sec 28-15N-15W; PBHL 330’ FSL & 2260’ of Sec 10. PTVD 12,480’. Issued 03/31/17.
DV 2205 FWL of Sec 33. PTVD 11,720’. Issued 03/23/17. 24,004’ Permit. Hewitt 3&10-13-12 HC #2-
CLAIBORNE Alt. 17-031-26461. Gas. 242’ FNL & 1200’ FWL
CENTRAL LOUISIANA PROSPECTS Vanguard Operating. 10,708’ Permit. Jim of Sec 3-13N-12W; PBHL 330’ FSL & 1245’ FWL
Multiple Well Opportunities. 2-Prospects. M Love Etux #1. 17-027-22597. Haynesville E of Sec 10. PTVD 12,540’. Issued 03/31/17.
MULTIPLE OBJECTIVES Field. Haynesville. Dir. Gas. N 50 D 27’ 58” E - 24,029’ Permit. Hewitt 3&10-13-12 HC #3-
SIGNIFICANT WILCOX OIL POTENTIAL DV 13,808.08’ from NGS Monu “C 47” in Sec 16 Alt. 17-031-26462. Gas. 242’ FNL & 1230’ FWL
Downdip Wilcox Oil Production. PBHL N 46 D 31’ 57” E - 1,053.35’ from Surf Loc of Sec 313N-12W; PBHL 330’ FSL & 2110’ FWL
Modern Petrophysics Analysis Shows in Sec 16. Issued 03/28/17. of Sec 10. PTVD 12,475’. Issued 03/31/17.
Bypassed Pay.
OPERATED & NonOperated Position. Ark-La-Tex Rig Count
(by County/Parish) Source: Baker Hughes
Analog Field Produced Several MMBO
Total Potential: 36.5 MMBO WILCOX This Last Last Last 6 Mos Last
Wk Wk Month Qtr Ago Year Δ %Δ
Prospect 1 Drill: $3.0MM; Compl: $1.8MM
Prospect 2 Drill: $1.9MM; Compl: $1.9MM DeSoto, LA 19 19 17 11 5 5 14 280%
DV 4988 Lincoln, LA 6 6 6 3 2 6 – 0%
San Augustine, TX 6 6 6 5 2 2 4 200%
CLAIBORNE PH., LA PROSPECT
Red River, LA 5 5 5 3 3 2 3 150%
240-Gross/Net Acres; 4-Potential Wells.
Cherokee, TX 4 4 2 1 – 2 2 100%
NORTH LOUISIANA
Harrison, TX 2 2 1 2 – 1 1 100%
Obj 1: 4,050’ Sand
DV Henderson, TX 2 2 1 1 3 – 2 –
Obj 2: 4,200’ Sand
2D Seismic, Subsurface Geology -- Nacogdoches, TX 2 2 2 1 1 – 2 –
-- Geophysical Data Available. Rusk, TX 2 2 3 – 1 – 2 –
45.23% Non-Operated WI; 75% NRI Angelina, TX 1 1 1 1 1 – 1 –
Obj 1 IP Rates: 150 BOPD Per Well Caddo, LA 1 1 1 1 1 1 – 0%
Obj 2 IP Rates: 150 BOPD Per Well Houston, TX 1 1 – – – 1 – 0%
Est Well Reserves: 292 MBO Per Well NORTH
Jackson, LA 1 1 1 3 2 – 1 –
Est Project Reserves: 1.2 MMBO LOUISIANA
Panola, TX 1 1 1 4 – – 1 –
DHC: $400,000; Completion: $415,000
Others 2 2 7 6 10 5 -3 -60%
DV 3856
TOTALS 55 55 54 42 31 25 30 120%