Investor Presentaiton

ALPINE HIGH Middle Permian Paleostructure Map 7000 #500 2000 500 1000 8000 8000 0000 0006 000 Apache -9000 70000 10000 800. 0000 5000 10000 10000 7000 9000 8000 8000 5000 4800 3000 2000 10000 9000 8000 1000 6000 STABLE SHELF ~450,000 ACRES 10 Miles 6000 4000 6000- 3000 10000 9000. 8000 7000 7000 0006 Critical Aspects Regional anomaly 10000 Stable Devonian shelf 9000- 9000 8000 Subsiding eastern limb 8000 9000 Later thrust of Davis Mountains 10000 9000 0006- 8000 -8000 8000 7000 10000 31

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