Pel-Tex Drilling Activity 07/25/08 West Mulvey (Wildcat), Vermilion Parish, LA Pel-Tex Oil Company, LLC #1 USA West Mulvey Field Wildcat Proposed Total Depth: 12,000' Vertical Rig: Crown Drilling #3 Spud 7/8/08 - Set 3,500' 9 5/8" surface pipe. Drilling at 9,490'. Northwest Kaplan, Vermilion Parish, Louisiana Energy XXI & Burke Brothers Resources, Inc. #1 Greene & Broussard Plantation Vermilion Parish, LA Proposed TD 18,700' Vertical Hole Spud 3/25/08 - 9 5/8" at 14,774' - Drilling at 14,794' Bayou Cheniere Prospect, Cameron Parish, LA Pel-Tex Oil Company, LLC #1 Mermentau Minerals Big Mouth Bayou Field Development Proposed Total Depth: 12,300' TVD (Directional - Land) Drilling permits granted Location staked Location ready. Estimated spud 9/1/08 Little Pumpkin Prospect, Cameron Parish, LA Pel-Tex Oil Company, LLC #B-1 Mermentau Minerals Pumpkin Ridge Field Wildcat Proposed Total Depth: 11,500' TVD (Directional - Land) Drilling permits granted Location staked East Cheniere Perdue Prospect, Cameron Parish, LA Pel-Tex Oil Company, LLC #2 North American Land Company East Cheniere Perdue Field Wildcat Proposed Total Depth: 14,000' TVD (Directional - Land) Drilling permits granted Location staked Endeavor Prospect (Wildcat), Deep Lake Field Area, Cameron Parish, LA Pel-Tex Oil Company, LLC #1 State Lease 2038 Deep Lake Field (Wildcat) Cameron Parish, LA Proposed Total Depth: 21,500' TVD Rig: TODCO 11 Spud: 8/21/06 (pre-spud) – TODCO Rig 11 started drilling 11/19/06 – drilled to 19,003' TVD. Temporarily abandoned well. Will re-enter at a later date and drill to 21,500' TVD. Pel-Tex Production Activity 07/25/08 Kami Prospect, New Field Discovery North Deep Lake Field, Cameron Parish, LA Pel-Tex Oil Company LLC #E-1 Miami Corp. Cameron Parish, LA Proposed Total Depth: 14,100' TVD Rig: Grey Wolf 83 Spud: 09/06/05      •  Well was tested and completed on 1/21/06      •  On production 5/15/06 Big Mouth Bayou Prospect, Cameron Parish, LA Pel-Tex Oil Company, LLC #1 Millrich Property, LLC Cameron Parish, LA Spud well on 01/17/06      •  Tested the Cr-1 and the Cr-2 Sands for a combined rate of 18+ MMCFG/D      •  Finished re-testing the Cr-1 Sand      •  Acquiring information to put this well on production Deep Lake Field, Cameron Parish, LA      • On production 04/04/06