Bay Batiste Field

Plaquemines Parish, Louisiana

The Company owns an average 61% working interest in seven wells in the Bay Batiste Field. Current net production is approximately 4 barrels of oil and 403 mcf of gas per day from one producing well. The other six wells are currently shut-in pending evaluation for future workover or recompletion in uphole zones. 73.59 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.