Investor Presentaiton

Apache 4,000'-5,000' OF STACKED POTENTIAL PAY Wet Gas Oil MONT BLANC 1H Correlation FINAL GR ( Depth Lology Moresby Muding Gas Correlation 250. DERTH ( VTOC FINALIQRKTH CH 250 Mad RHET (dec) MPH (+) MBW (dec) MUDUG (UNITS) MUDUG 2 (UNITS) MUOLO CI (UNITS) 2000 FINAL OR (GAP) 2006 20 Miles Depth DEPTH (FT) Lithology UTOC 0.2 FINAL: GRTH (GAR SPANISH TRAIL 1H Parasy Hudlog Gas MUCUGC (unit) MUDUG (unit) MPH (4) Uranium Voy 2000 Misal: Phie (dec) MWW (8) MUCUGC (un) VO +50 Hydrocarbon Gan VQuarta Hydrocarbon VILM Clay Bound Water Wet Gas Viime Clay Bound Water Wetas Waber 2 Wool Water Vanhy 8000 9000 10000 11000 12000 Wauc WHydrocarbo wwwater TRANSGRESSIVE SOURCE INTERVAL TRANSGRESSIVE PARASEQUENCES Delaware Basin Stratigraphy Santa Ros Rustler Salado Castle Bell Canyon Cherry Canyon Brushy Canyon Bone Springs Wolfcamp Penn Barnett/Miss Lime Woodford Devonian Fusselman Montoya (Simpson) El Paso Ellenburger TRANSGRESSIVE SOURCE INTERVAL TRANSGRESSIVE PARASEQUENCES 7000 8000 9000 10000 11000 Volke WHydrocarbo Water Oil Wet Gas 34

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