Bodacious #1A Well

Well Location: Drilled in the Boute Field of St. Charles Parish, LA as an offset to the Bodacious#3.
Date Drilled: March 2018
Drill Depth Total: of 12,729’ in under 10 days.

● Our 2nd successful well of the year logged an estimated 30’ productive section in the CIP OP sand.
● The well was brought to sales on 21-July averaging 3,539mcfg & 34.7 bbls condensate/per day.

Bodacious #3 Oil/Gas well

Well Location: Drilled in the Boute Field of St. Charles Parish, Louisiana.
Date Drilled: February 2018
Drill Depth Total: of 14,221’ in approximately 10 days.

● This oil well logged an estimated 104’ section in the CIP OP sand from 13,776’ to 13,880’.
● The well continues to flow to sales at 4,691 MCFGD & 50 BOPD as of July 2018.
● Cumulative production – over 374 MMCF & 4,352 BO since May 2018.

Bodacious #4 Well

Well Location: Drilled in the Boute Field of St. Charles Parish, Louisiana
Date Drilled: April 2018
Drill Depth Total: of 12,510’ our 3rd successful well in the area, logged an estimated 49’ productive section in the CIP OP sand.

The well currently awaits production.
Projected Payback = 23 months | 5-YR Yield = 258% | 5-YR Cum. = 5.75 BCF + 144m bbls

Bodacious #4A Oil/Gas well

Location: Drilled as an offset well to the Bodacious #4 using the same rig, the Bodacious #4A was drilled successfully to a total depth of 13,853’ in the Boute Field of St. Charles Parish, Louisiana in May 2018. Our 4th successful well in this Field, logged an estimated 70’ productive section in the CIP OP sand.

The well currently awaits production and may even be better than Bodacious#4.