Larose Field

Lafourche Parish, Louisiana

Various working interests, some of which are non-operated, are owned by the Company in eight wells in the Larose Field. Current net production is approximately 103 barrels of oil and 272 mcf of gas per day from three producing wells and approximately 438.9 net mineral acres are held by production in the field. Five wells are currently shut-in pending evaluation for future workover or recompletion in uphole zones. The processing facilities and tank batteries are well located and have plenty of excess capacity. Access to pipelines and crude oil markets is excellent.