
UTICA SHALE LEASEHOLD

UTICA SHALE
Producing and Non-Producing Leasehold Interests
ASHLAND AND WAYNE COUNTIES, OHIO
- 2,714 gross and net acres with 1,293 acres covering all depths
- 100% working interest / 80% net revenue interest
- ~62% of all acreage is held by production
- Consolidated acreage block all within one township
- Surrounded by leasing efforts of major Utica players
- Encouraging results from regional drilling activity
- Devon and Chesapeake drilling immediately to the west and north of the Mohican River acreage
- Within the oil / wet gas production window
- Multiple drilling target formations
- Potential upside in Trenton / Black River
- Opportunity for expanded waterflood of existing Berea Sand oil production

DATA ROOM OPEN: May 1, 2012
FOR QUESTIONS PLEASE CONTACT |
| Julia Foster, CPL |
(303) 721-6354 ext. 229 |
| David Bickerstaff, Geologist |
(303) 721-6354 ext. 232 |
| Chris McCarthy, P.E. |
(303) 721-6354 ext. 224 |
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BID DATE
MAY 30, 2012 |
EFFECTIVE DATE
JUNE 01, 2012 |
CLOSING DATE
JUNE 29, 2012 |
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