>January, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed the ninth and tenth wells in their Nittany Prospect, with IP's for both wells in excess of 5,000 MCFGPD.

>February, 2011, Sheridan County, MT

 WhitMar's leasehold count in Sheridan County, Montana for the Bakken/Three Forks has increased to 40,000 net acres, and WhitMar continues to lease more acreage in the play.

>February, 2011, Rocky Mountain Region

 WhitMar has leased in excess of 100,000 acres in a stealth oil shale prospect that we have identified as highly prospective for oil production from a formation that is analogous to the Bakken/Three Forks formation in the Williston Basin. We will be offering working interest participation in this prospect in the near future.

>April, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed 4 more wells in their Nittany Prospect, (Marquardt 8534H, Moser 8521, Moser 8560H, Moser 8561H) with average IP's in excess of 5,000 MCFGPD.

>May, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed three more wells in our Nittany Prospect in Lycoming County, Pennsylvania; the Diettrick #8510H was completed for 3,050 MCFGPD, the Everbe Farms #8518H was completed for 6,200 MCFGPD, and the Everbe Farms #8551H was completed for 6,250 MCFGPD.

>June, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed two more wells in our Nittany Prospect in Lycoming County, Pennsylvania; the Brown #8519H was completed for 5,150 MCFGPD, and the Brown #8520H was completed for 5,200 MCFGPD.

>June, 2011, Sheridan County, MT

 WhitMar announces the formation of a leasehold acquisition and drilling joint venture for the drilling and development of the Bakken/Three Forks oil shale on 52,000 acres of leasehold making up WhitMar’s Lego and Snow Goose prospects in Sheridan County, Montana. Initial commitment is for the drilling of two horizontal wells to test the Bakken/Three Forks. WhitMar retains a 25% working interest in the play, and our joint venture partner has acquired a 75% working interest. We anticipate drilling the first well in 4th quarter, 2011.

>July, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed two more wells in our Nittany Prospect in Lycoming County, Pennsylvania; the Jenzano #8543H was completed for 4,650 MCFGPD, and the Jenzano #8542 was completed for 4,200 MCFGPD.

>August, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed two more wells in our Nittany Prospect in Lycoming County, Pennsylvania; the Marquardt #B2H was completed for 3,650 MCFGPD, and the Marquardt #B3H was completed for 5,100 MCFGPD.

>September, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed one more well in our Nittany Prospect in Lycoming County, Pennsylvania; the Lucella #8564H was completed for 4,350 MCFGPD.

>October, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed two more wells in our Nittany Prospect in Lycoming County, Pennsylvania; the Marquardt 8517H was completed for 7,500 MCFGPD, and the Derr 8544H was completed for 4,000 MCFGPD.

>October, 2011, Sheridan County, MT

WhitMar and its joint venture partners have permitted a 1,280 unit for our first horizontal Bakken/Three Forks well in our Snow Goose Prospect in Sheridan County, Montana; the Zuma #15. The well will be drilled horizontally to a vertical depth of approximately 8,200 ft. with a horizontal leg of approximately 8,000 ft, for a total measure depth of 16,200 ft. Drilling will commence on December 1.

>November, 2011, Lycoming County, PA

 WhitMar and its joint venture partner, XTO/Exxon, have completed one more well in our Nittany Prospect in Lycoming County, Pennsylvania; the Derr #8545H was completed for 5,600 MCFGPD.

>December, 2011, Lycoming County, PA

WhitMar and its joint venture partner, XTO/Exxon, have completed one more well in our Nittany Prospect in Lycoming County, Pennsylvania; the Hazlak #8497H was completed for 2,500 MCFGPD.

 

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