Plaquemines Parish, Louisiana

The Bay Batiste Field, discovered in 1983, is located in Plaquemines Parish, Louisiana approximately 35 miles east-southeast of New Orleans, Louisiana.  It is situated in a shallow water environment on the west side of the Mississippi River.

The Company owns an average 59% working interest in seven wells in the Bay Batiste Field. One well is currently producing, one is a salt water disposal well and the other five wells are currently shut-in pending evaluation for future workover or recompletion in uphole zones.  Approximately 74 net mineral acres are held by production by the producing well.  The salt water disposal well and two production facilities have plenty of excess capacity to handle production from recompleted wells or from third party operators nearby.  Access to markets is excellent.