Prospects.

Cobb Creek Prospect - Madison County, Texas

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Bearkat Energy, LLC has leased most of a 5000-acre Deep Bossier structure which is capped by a Knowles Limestone seismically interpreted reef feature. The structure and reef are defined using vintage 2D seismic data which Bearkat reprocessed into prestack time migrations.

Total reserve potential is more than 1.1 TCF. Reserve potential for the Bossier is up to 450 BCF whereas the Knowles Lime reserve potential may be as high as 700 BCF.

The Cobb Creek Prospect has been sold to XTO Energy, Inc.