Substantially Undervalued, O&G Situation in play, page-26

Slide 13 of December 2014 Presentation, links to the wells mentioned,

Arco Fee API 457-30338, drilled 1983 well to 18,200ft (Dry Hole) 2.4 miles west-southwest

http://webapps2.rrc.state.tx.us/EWA...1qta6OSyoSYOSk-FvzUBOORNbJm5f3-We36h3GBZhAgAA

Arco Rice University API 457-30315, drilled 1979-81 to 20,384ft (Dry Hole) 4.8 miles due south

http://webapps2.rrc.state.tx.us/EWA...BY7XWzWERJoUgJ82gQDkZfrdMXP--yT2_AXsWynZhAgAA

Kincaid Gas Unit API 457-30615 drilled 2005-09 to 18,500ft (Dry Hole) 3.5 miles south southeast

http://webapps2.rrc.state.tx.us/EWA...qVK11c1hQkwYlp4xBDnIy_BZM3P6-yz2_AXPTC2RhAgAA

Smith well location now visible on the GIS viewer

LOTM