>December, 2014, Morehouse Parish, LA
WhitMar is completing its leasing efforts in our Muddy River Prospect, a Smackover-Brown Dense prospect in northeast Louisiana, a world class unconventional oil and gas prospect with many similarities to the Eagle Ford Shale play in Texas. Our current leasehold position now stands at 120,000 acres, and we anticipate a final leasehold position of approximately 126,000 acres.  Southwestern Energy has been the primary driver of this play to date. They have drilled numerous vertical and horizontal wells testing the Brown Dense starting in southern Arkansas and more recently in north/central Louisiana. Their most recent activity (near our leasehold) indicates some impressive results, with vertical wells completed at 200+ BOPD with 1.5MMCFGPD and a number of recent short lateral horizontal wells completed at 400 to 500 barrels of oil (52 API) per day and 2.5 to 4 MMCFGPD (1250BTU gas). More recently SWN announced two strong vertical well completions;(i) the Sharp 22 #1 was tested at 600BOPD and 1.3MMCFG (1240BTU gas) after a 3 stage stimulation, and after 120 days, the well was producing 530 BO and 1.1 MMCFG on a 16/64-inch choke, and (ii) the Bensen #1 Well drilled on a 1280 acre unit to the South of the Sharp well for an initial potential of 660 BOPD and 2MMCFGPD. They are clearly in the light oil window, similar to the Eagle Ford Shale play.  It is early in their drilling program, and SWN is still perfecting their completions of the Brown dense; as each successive well has been completed for higher production rates.   Our leasehold block is on trend with the successful SWN drilling campaign. We are seeking a 50% joint venture partner to acquire seismic and to drill and test two pilot test wells to test the Smackover-Brown Dense section in our lease block.

>October, 2014, Sioux County, NB
WhitMar and its joint venture partner, Hawkwood Energy, have drilled the second pilot test well in our Teal Prospect, the Murphy #13-27 well in Section 27, T27N, R55W, Sioux county, NB, and after reviewing the well logs, we have run production pipe and will proceed to complete the well with a multi-stage frac in the Pennsylvanian section.

>September, 2014, Sioux county, NB
WhitMar and its joint venture partner, Hawkwood Energy, have drilled the first pilot test well in our Teal Prospect, the Johnson #16-18 well in Section 18, T26N, R55W, Sioux county, NB, and after reviewing the well logs, we have run production pipe and will proceed to complete the well with a multi-stage frac in the Pennsylvanian section.

>September, 2014, Sioux county, NB
WhitMar and its joint venture partner, Hawkwood Energy, have completed our analysis of the 3D seismic we shot over our Teal Prospect, and we have commenced drilling the first of three pilot test wells to be drilled across our prospect AMI. The Johnson #16-18 in Section 16, T26N, R55W will be drilled to 8,230 ft. as a vertical well to test the Desmoinesian (Marmaton) section. 

>August, 2014, Sioux County, NB
WhitMar and its joint venture partner, Hawkwood Energy, have commenced drilling the second of three pilot test wells to be drilled in our Teal Prospect in Sioux county, NB.
The Murphy #13-27 in Section 27, T27N, R55W will be drilled to 7,800 ft., as a vertical well, to test the Missourian/Desmoinesian section.

>June, 2014, McKenzie County, ND

WhitMar and its working interest partner, Whiting Petroleum, have completed the Schlothauer #24-8-2H horizontal Bakken well for 664 BOPD and 379 MCFGPD. The well was drilled in our Yellowstone Prospect in McKenzie County, ND.

>May, 2014, McKenzie County, ND
WhitMar and its working interest partner, Whiting Petroleum, have completed the Schlothauer #24-8-1H horizontal Bakken well for 916 BOPD and 764 MCFGPD. The well was drilled in our Yellowstone Prospect in McKenzie County, ND.

> March, 2014, Sioux County, NB
WhitMar and its joint venture partner, Hawkwood Energy, have completed the acquisition of 100 square miles of 3D seismic, shot over a portion of our Teal Prospect in the DJ Basin in Sioux County, NB. WhitMar and Hawkwood are currently interpreting the seismic data and preparing for an initial test well to be drilled in the prospect in the second quarter, 2014, to  test the Missourian/Desmoinesian section; an oil bearing reservoir.

> February, 2014, McKenzie County, ND
WhitMar and its working interest partner, Whiting Petroleum, have commenced drilling operations on the Schlothauer #24-8-1H and the Schlothauer #24-8-2H, two horizontal Bakken wells to be drilled in our Yellowstone Prospect, in McKenzie County, ND.

> January, 2014, Susquehanna County, PA
WhitMar and its working interest partner, Southwestern Energy, have completed the Bernstein-Price well for 4.3MMCFGPD, a horizontal Marcellus Shale gas well drilled in our Pleasant Mount Prospect, in  Susquehanna County, PA,  

> November, 2013, McKenzie, ND
WhitMar and its working interest partner, Oasis Petroleum, have completed the Foley Federal 5301 for 1,867 BOPD from the Bakken in our Williston South Prospect in McKenzie County, ND.

> October, 2013, McKenzie County, ND
WhitMar and its working interest partner, Whiting Petroleum, have completed the Miller 34-8-1H well for 1,304 BOPD from the Bakken in our Yellowstone Prospect in McKenzie County, ND.

> October, 2013, Sioux County, NB
WhitMar and its joint venture partners have commenced a 100 square mile 3D shoot over a portion of its Teal Prospect leasehold in Sioux County, NB.  Dawson Geophysical is conducting the shoot. We expect the shoot to be completed by end of fourth quarter this year, and our interpretation completed by end of first quarter next year, and commencement of our first pilot test well by second quarter next year.

> September, 2013, Lycoming county, PA
WhitMar and its joint venture partner, XTO/Exxon completed the Derr 8544H well in Lycoming county, PA for 5.4MMCFGPD.

> August, 2013, Lycoming County, PA
WhitMar and its joint venture partner, XTO/Exxon completed the Tome 8522H well in Lycoming county, PA for 5.6MMCFGPD.

> July, 2013, Sioux County, NB
WhitMar announces the formation of a Leasehold/Seismic Acquisition and Drilling Joint Venture for the drilling and development of the Pennsylvanian Missourian/Desmoinesian formations underlying 150,000 acres of leasehold making up WhitMar’s Teal Prospect in Sioux County, Nebraska. Initial commitment is for the acquisition of 100 square miles of 3D seismic and the drilling of a pilot test well to test the said Missourian/Desmoinesian section. WhitMar retains a 25% working interest in the play, and our joint venture partner has acquired a 75% working interest. We anticipate drilling the pilot test well in 2nd. quarter 2014.

> May, 2013, Louisiana
WhitMar has leased in excess of 50,000 net acres in the Smackover-Brown Dense oil and gas resource play in north Louisiana. Our prospect covers an area that we have identified as highly prospective for the “light oil window” in the Brown Dense, and we continue to acquire leasehold in our prospect area.

> March, 2013, Lycoming County, PA
WhitMar and its joint venture partner, XTO/Exxon, have completed the Renn AH in our Nittany Prospect in Lycoming County, PA for 6,000MCFGPD.

> February, 2013, Sheridan County, MT
WhitMar and its joint venture partner have completed another horizontal Middle Bakken well, the Riva Ridge #2 well in Sheridan County, MT for 250BOPD.

> December, 2012, Sheridan County, MT
WhitMar and its joint venture partner have commenced drilling the Riva Ridge #2 well in our Snow Goose Prospect in Sheridan County, MT; a horizontal Three Forks well.

> December, 2012, Lycoming county, PA
WhitMar and its joint venture partner, XTO/Exxon, have completed the Renn A2H in our Nittany Prospect in Lycoming County, PA for 5,500 MCFGPD.

> November, 2012, Lycoming county, PA
WhitMar and its joint venture partner, XTO/Exxon, have completed the Buck A1H in our Nittany Prospect in Lycoming County, PA for 6,200 MCFGPD.

> October, 2012, Lycoming County, PA
WhitMar and its joint venture partner, XTO/Exxon, have completed the Renn A1H in our Nittany Prospect in Lycoming County, PA for 5,800 MCFGPD.

>September, 2012, Sioux County, NB
WhitMar has completed leasing its Teal Prospect with 150,000 acres in a concentrated block of leasehold which makes up WhitMar’s Teal Prospect. The prospect sits in the center of the Lusk Embayment, the name for the Pennsylvanian aged depocenter under the northern D J basin. This prospect  offers multiple conventional oil prospects as well as a world class unconventional horizontal oil shale opportunity. We are seeking a 50% JV partner to acquire 3D seismic over the prospect leasehold and drill and test conventional  prospects and unconventional horizontal wells in the Pennsylvanian-Missourian/Des Moinesian/Atokan section.

> August, 2012, Lycoming County, PA
WhitMar and its joint venture partner, XTO/Exxon have commenced drilling of three more Marcellus Shale wells (Renn A1H, Renn A2H and Buck A1H) in our Nittany Prospect in Lycoming County, PA.

> July, 2012, Sheridan County, MT
WhitMar and its joint venture partner have completed a second horizontal Middle Bakken well, the Zuma well, for 100 BOPD.

> June, 2012, Sheridan County, MT
WhitMar and its joint venture partner have completed its first horizontal Middle Bakken well, the Riva Ridge well, for 200 BOPD

> May, 2012, Lycoming County, PA
WhitMar and its joint venture partner, XTO/Exxon have commenced drilling of two more Marcellus shale wells in our Nittany prospect.

> April, 2012, Sheridan County, MT
WhitMar and its joint venture partners have commenced completion operations of the Zuma and Riva Ridge wells, the first two horizontal Middle Bakken wells drilled in our Snow Goose prospect.

> February, 2012, Chemung County, NY
WhitMar and its joint venture partner, Anschutz, have placed a new Trenton Black River Well on line, the Dow #1, for 5,000 MCFGPD at 3,700 PSI going into a 800 PSI pipeline. The well is capable of producing in excess of 15,000 MCFGPD.

> January, 2012, Sheridan County, MT
WhitMar and its joint venture partners have commenced drilling their second horizontal Middle Bakken well in our Snow Goose Prospect, the Riva Ridge 6-7-33-56H

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