Asset Overview

Midland Basin: 32% working interest joint venture with PT Petroleum to develop approximately 64,000 acres in Upton, Reagan, and Crockett Counties, Texas

Eagle Ford Shale: 11% non-operated working interest in Marathon-operated Sugarloaf AMI in Karnes County, Texas (approximately 29,000 acres) and 14% non-operated working interest in Marathon-operated Reynolds Unit in Karnes County, Texas (approximately 1,000 acres)