USA

1,700 acres

100%

Aminex USA

Proved producing and proved undeveloped oil field.
High potential for further development with new drilling in 2010.

In Somerset & Yellow Horse, oil is produced from several hundred shallow “stripper” wells.
The operation is profitable at today’s oil prices with little decline but no material upside.

Gas production.

Production of oil and gas. Further well provisionally planned for 2010.