DJ BASIN
NIOBRARA OIL PLAY
LEASEHOLD INTERESTS
ARAPAHOE, DOUGLAS AND ELBERT COUNTIES, COLORADO

Arapahoe, Douglas and Elbert Counties, Colorado
- Located in an emerging and highly competitive part of the DJ Basin for Niobrara leasing and exploration
- Off the southeast edge of the Wattenberg Field
- Surrounded by leasing efforts of major Niobrara players
- Niobrara in area shows similar geological and petrophysical characteristics to EOG’s Hereford/Jake and Bear Prospects and Noble’s Gemini Prospect as well as to Silo Field
- Good resistivity demonstrating oil saturation and potential natural fracturing
- Good chalk development in the B and C zones
- Additional prospective horizontal zones within the Greenhorn Shale / Limestone and Codell
- Leasehold Interest
- 100% working interest / 80% net revenue interest
- Leases in over 125 sections with some 100% sections
- 30,000+ net acres
- New fee leases
- Majority of primary lease terms for 3-5 years plus 2-5 year options to extend

NOTE: A Confidentiality Agreement ("CA") must be executed prior to receiving the data
package. Please visit our web-site to order this package and download the required CA.
FOR QUESTIONS PLEASE CONTACT |
| Julia Foster, CPL |
(303) 721-6354 ext. 229 |
| David Bickerstaff, Geologist |
(303) 721-6354 ext. 232 |
| Chris McCarthy, P.E. |
(303) 721-6354 ext. 224 |
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BID DATE
SEPTEMBER 02, 2010 |
EFFECTIVE DATE
OCTOBER 01, 2010 |
CLOSING DATE
OCTOBER 01, 2010 |
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