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www.plsx.com/deals Marketing & Transactions Deals For Sale September 13, 2011 Large Acreage Positions, Drilling Prospects, Producing Properties, Development Projects (NonOp WI), Overrides & Mineral Rights For Sale or Leases

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Page 1: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

www.plsx.com/deals

Marketing & Transactions

Deals For Sale September 13, 2011

Large Acreage Positions, Drilling Prospects, Producing Properties,

Development Projects (NonOp WI), Overrides & Mineral Rights For Sale or Leases

Page 2: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Eagleford Shale

Offered by Champion Exploration & Hat Creek Energy

Solid Resource Potential.

2 Acreage Blocks. ~8,700 Acres & ~2,800 Acres.

Eagle Ford Shale: 5,800-6,500 Ft.

100% OPERATED WI; 75% NRI

Offset E-Bench IP: 1,000 BOPD

Divestment ServicesPLS

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Olmos, Escondido, Austin Chalk, Eagle Ford

& Buda

Possible Pearsall Shale

South Central & East Central Frio County, TX

www.plsx.com

New “E Bench” PlaySeller Seeks 2/3rd Partner to Drill and Operate

Frio Co., TX ProspectEagle Ford Window

FRIO CO., TX PROSPECT~11,500-Acres. 2- Acreage Blocks.EAGLE FORD OIL WINDOWE-BENCH POTENTIAL LBuda, Austin Chalk Also PossibleOlmos & Escondido Formations.PEARSALL SHALEEagle Ford Shale Lies: 5,800-6,500 Ft.65-100% OPERATED WI; 75% NRIOffset Buda Lime IP: 1,000 BOPDSeller Owns All RightsIndividual Well Estimates: 350-675 MBOSELLER SEEKS PARTNER TO DRILLWANTS 3 WELL COMMITMENTL 6553DV

For additional information on this deal,

contact PLS’ transactions team at (713) 650-1212

www.plsx.com

Scan w/smart phone for more information

NonOperated WIFor Sale

Pearsall, Kyote, Good Luck

Olmos & Austin Chalk Production

Frio, Dimmitt, Wilson, San Patricio, Newton,

Atascosa, Matagorda Co.

All Standard Disclaimers & Seller Rights Apply.

Executive Summary

Kona Oil & Gas Properties et al, through its operations affiliate, Spur Operating Co.,

Inc., “Spur”, in San Antonio, TX have retained PLS Inc to market their interest in 39 wells (33

producing, 6 shut-in (3 temporarily abandoned) and 1 SWD) in eight (8) South Texas Counties

including Frio, Dimmitt, Gonzales, Wilson, San Patricio, Matagorda, Atascosa & Newton Co.).

On an area basis, these properties are located in well known fields such as Pearsall

(Navarro/Austin Chalk/Buda Lime); Kyote (2 Lses); Good Luck, (2 Wells); Peach Creek, (2 Wells);

Cindy Ann (Austin Chalk); Harvey 14B (San Patricio); Mellon (Matagorda Lse); South Pruitt

(Escondido) and Brookeland (Austin Chalk )in Newton Co., TX.

Altogether these leases cover 5,187.73 gross acres and most of them come with 100%

operated WI; high net revenues interests of 75.0%-79.3%. Only the Good Luck wells (2x; 42-

58% WI) and the Harvey #1C (30 net boepd) lease come with less than a gross 75% interest.

In total the package includes current gross production of 97 BOPD and 307 MCFD or

a net production of 131 BOEPD. On a cash flow basis the assets reported operating income of

~$215,000/Mn.

The Seller seeks to sell these assets on a negotiated basis with preemptive offers welcome

through late August. In addition, the Seller has a preference to sell the package to one buyer,

but will consider offers on a field level basis as long as the process yields a total exit from

South Texas.

Highlights

Stable and predictable

production

Additional upside possible

Diverse package;

Mostly oil (75%)

Production from Olmos,

Austin Chalk, Wilcox,

Escondido and Buda Lime

Workover & Recompletion

Opportunities

Gross Production:

97 BOPD & 307 MCFD

Net Production:

84 BOPD & 280 MCFD

2011 Cash Flow:

~$215,000/Mn

Field Summary as of May 2011

Field (Formations)

County (TX) Lease Acreage

Net Bopd

Net Mcfd

Net Boepd Comments

Brookeland (Upside) Newton 2 Lses; 2 Wells 1,749.00 9 0 9Austin Chalk 17,500 FtSingle Laterals

Cindy Ann Wilson 1 Well 80.00 10 0 10 Austin Chalk 7,700 Ft

Good Luck Dimmitt 2 Lses; 2 Wells 160.00 ~3 0 ~3 San Miguel 5,600 Ft

Harvey (Behind Pipe) San Patricio 1 Well 20.00 ~22 59 32Wilcox, 9,100 Ft; PDNPUpside Behind Pipe

Kyote (Olmos)(9-PUDs) Frio2 Lses; 15 Wells

684.20 ~3.5 0 ~3.5Significant Upside;9 PUD Locations

Mellon Matagorda 1 Lse 332.91 <1 115 ~19.5

Peach Creek (Significant Upside, Eagle Ford Opportunity, Chalk Laterals)

Gonzales 2 Lses 480.00 ~5 ~7 ~6

Austin Chalk 8,350 Ft.; Eagle Ford Rights; Hot Area; 3-D Seismic; $2,000-$3,000/Acre; EOG; Forest’ PVA Active; New Austin Chalk Laterals

Pearsall Frio5 Lses; 14 Wells; 1 SWD

1,847.00 30 ~100 ~47 Chalk Buda Lime; Navarro

South Pruit Atascosa 1 Well 109.00 ~1.5 0 ~1.5 Escondido

TOTAL 85 282 131.5

PRIVATESELLER

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Gonzales 2 Lses 480.00 ~5 ~7 ~6

, ; Eagle Ford Rights; Hot Area;3-D Seismic; $2,000-$3,000/Acre; EOG; Forest’PVA

VAAAATTTTTTLLLEEEEEERRLLLLLLLL

South Texas Sale Package

33 Producing Wells; 1- SWD

AVG 96% OPERATED WI; ~77% NRI

Gross Production: 97 BOPD & 307 MCFD

2011 AVG Cash Flow: ~$215,000

Stable to Flat Production

Divestment ServicesPLS

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Pearsall, Kyote, Good Luck

Olmos & Austin Chalk Production

Frio, Dimmitt, Wilson, San Patricio, Newton, Atascosa, Matagorda Co.

Mostly Oil (~85%)

www.plsx.com

PRIVATESELLER

South Texas Sale PackageStable Production

Scan w/smart phone for more information

SOUTH TEXAS SALE PACKAGE33 Producing Wells; 9-PUDs; 1- SWD.FRIO, DIMMIT, WILSON, SAN PATRICIOATASCOSA, MATAGORDA & NEWTON PP /DVAUSTIN CHALK & OLMOS PEARSALL, KYOTE, GOOD LUCKSome Eagle Ford Rights.Maintenance & ReCompletions Possible ~142~96% OPERATED WI; ~77% NRI BOEDGross Prod: 97 BOPD & 307 MCFDNet Prod: 84 BOPD & 280 MCFD ACTIVEAvg 2011 Cash Flow: ~$215,000/Mn FOR SALE9-Proved Undeveloped LocationsCore Assets- Stable To Flat ProductionLeases May Be Purchased SeparatelyREVIEWING OFFERS.PP 4752DV

For additional information, contact PLS’ transactions

team at (713) 650-1212

www.plsx.com

2

Page 3: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Empressa EnergyBienville Acreage

BIENVILLE PH., LA ACREAGE4,~2,912-Gross / ~2,400-Net Acres.LAKE BISTINEAU & WOODARDVILLEHaynesville & Bossier Shale LHaynesville Depths > 16,000 FtMost Sections Contiguous.Signifi cant Haynesville Activity To West.100% OPERATED WI; 75% NRID&C Costs: $8.5-$9.0MMEUR/Well (Haynesville) 6-7 BCF (QEP)Offset by Questar, Petrohawk & EnergenSEE PLS VIRTUAL DATA ROOML 5645

For additional information, contact PLS’

transactions team at (713) 650-1212

www.plsx.com

Scan w/smart phone for more information

Land & AcreageA

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Bienville Ph., LA Acreage

~2,912 Gross / ~2,400 Net Acres.

Most Sections Contiguous.

Significant Activity To West.

PLS Is Assembling Data

Divestment ServicesPLS

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Bienville Parish, LA

3 to 5 Year Leases

~2,912-Gross

~2,400-Net Acres

Significant Activity To West

ProducingProperty

g

Barnett NonOp Package

~48-Active Wells. ~6,000-Acres.

Majority Of Acreage Is HBP.

Up To 12.5% NonOp WI; 75% NRI.

Also Varying ORRI Included.

Gross Prod: 1,160 BOPD & ~24 MMCFD.

Divestment ServicesPLS

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Barnett Combo

Project Is Under EOG Operations

Montague Co., TX

Additional Drilling Opportunities Present

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PEBA Oil & GasBarnett Combo NonOp Pkg

MONTAGUE CO., TX PACKAGE~70 Wells. 6289 Gross Acres.BARNETT COMBOMajority Of Acreage Is HBP. PPAdditional Drilling Opportunities Present. CASH FLOWProject Is Under EOG Operations. $115,000/MnUp To 12.5% NonOp WI; 75% NRI NONOP Gross Prod: 647 BOPD & ~17 MMCFD ON GOINGNet Prod: 25 BOPD & 446 MCFD DRILLING3/11 Net Cash Flow: ~$115,000/MnEOG IS OPERATORPP 6983RR

For additional information,

contact PLS’ transactions team

at (713) 650-1212

PLS

© 2

01

1

www.plsx.com

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3

Page 4: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

www.plsx.com

OK Granite Wash Project

~10,000 Acres; 3 Test Wells

Total Vertical Depth ~12,500 ft

>50 Well Potential

100 % OPERATED WI; >80% NRI

Expected EUR 4-5.5 BCF/E Per Well

Divestment ServicesPLS

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Granite Wash - 3 Prospects Comanche, Washita, Beckham Co., OK

Granite Wash, Springer,Marchand

Granite Wash Thickness: Up to 150ft

Granite Wash Project>50 Well Potential

OKLAHOMA GRANITE WASH12,400 Acres; 3 Test Wells.WASHITA, BECKHAM & COMANCHELiquids Rich Area & High BTU DV SOLDGranite Wash, Springer & Marchand 1,200 ACRESGranite Wash Thickness: Up to 150 Ft GRANITETotal Vertical Depth 10,000-12,500 Ft WASH100% OPERATED WI; >80% NRI>50 Well Potential.Expected EUR 4-5.5 BCFe Per WellOffset by CHK, Apache, MarathonE SAYRE UNDER CONTRACTDV 4624PPV

For additional information, call PLS’

transactions team at (713) 650-1212

www.plsx.com

Scan w/smart phone for more information

Industry’s LatestNew Play

EmergingResource Play

t

All Seller Rights Retained & All Standard Disclaimers Apply.

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Big g CCChhhaha

Permian Basin Projects

High Impact Resource Plays

Operated WI &OperatOperatedWI & NonOperated WI Still Available&

MultiPay Opportunities Down To 12,000 Feet

Exploration Advisors

PLS

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High Value

(2) Large Projects

Pecos Co., TX,

MultiPay Opportunities

62,000 Acres

100% Operated WI

Reeves Co., TX,

63,440-Gross Acres

15% NonOperated WI

Includes 3 Well Carry

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Delaware Basin ProjectsHigh Impact Emerging Resource Play

BIG CHANNEL PROSPECTPECOS CO., TX PROJECTWEST TEXAS WOLFBONE PLAY.62,000 Net Acreage Position.DELAWARE BASIN MULTIPAYAVALON SHALE & BONE SPRINGAlso Middle Wolfcamp Shale/Carbonate,Middle Wolfcamp Conglomerate,Brushy Canyon, & Shallow Devonian. MULTIPLAY100% OPERATED WI; 75% NRIAcreage Position Can Be ExpandedCross Sections & Halliburton AnalysisEst Well Reserves: 225-400 MBO--OFFER PENDING ON THIS ACREAGEL 5353DV

MUY GRANDE PROJECTWEST TEXAS WOLFBONE PLAY3-Well Carry To The Buyer.DELAWARE BASINREEVES CO., TX. DV9,516 Net Acres & 3,440 Gross AcesAVALON SHALE, Brushy Canyon,BONE SPRINGS, Wolfcamp Shale.Operator May Elect To Acquire 3-D Seismic. NONOP15% NonOperated WI; 11.25% NRI WIFirst Two Carried Wells PermittedFirst Well Down To 6,500 Ft & DrillingBone Springs Could See: 400-500 MBOEAvalon Shale: 300-350 MBOEDV 5551PP

For additional information, contact

PLS’ at (713) 650-1212

www.plsx.com

Base Middle WolfcampConglomerate:

9,800’-109,800 10,000’ –,000

Proven Conventional

Producers

– 500,000-800,000 BO/Well

Shallow Devonian Debris:

150’-250’ Rich Chert, Shale,

Debris Conglomerate

Between Devonian and

Woodford Shales.

– Economic, liquid rich-target

depth 6,500’-11,000’

– 16%-20% Porosity

– 1,000 ohms + Rt

WI

Scan w/smart phone for more information

4

UNDERLTIPAYLTIPAYALE & BONE SPRIALE & BONE SPRIWolfcamWolfcam

CONTRACTNGG

mp Shale/Carbonatmp Shale/Carbonaolfcamp Conglomeraolfcamp Conglomeraanyon, &anyon

Page 5: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Bakken

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Mountrail County Bakken Leases

~15,540 Net Acres.

Area IPs 500-1,300 BOPD (Bakken).

100% OPERATED WI; 80% NRI.

EURS > 500 MBOE Per Well.

Offset Operators: Brigham & EOG

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SELLERPRIVATE

Ross & Parshall Fields

Bakken & Three Forks

Mountrail County, ND

Offset Operators: Brigham & EOG

Southern Delaware Basin Avalon Shale & Bone Springs

Offset Petrohawk and Clayton Williams on Majority

of the Acreage

All Standard Disclaimers & Seller Rights Apply

Energen Spends $100MM in the Big Tex

Energen purchased > 40,000 acres in Loving, Reeves, Ward & Winkler ($110MM) and has identified 62 drilling sites in the 3rd Bone Spring play at vertical depths of 10,500-11,500 ft. The typical Bone Spring well has EUR’s of 400-500 MBOE.

Whiting’s Big Tex Prospect

Whiting has accumulated 83,000 acres in Pecos, Reeves & Ward Co. Whiting has completed >10 vertical wells in the southern Delaware Basin.

Petrohawk jumps in Petrohawk has announced an acquisition of 325,000 net acres in the Permian at a cost of $1,400 per acre. 70% of the acreage is in the Delaware Basin including Reeves Co., TX.

Clayton Williams executes JV with Chesapeake

“The deal with Chesapeake gives us a substantial position in the Wolfbone,” said Williams. The developing play produces from the Avalon Shale, Bone Spring and Wolfcamp from 8,000 to 13,000 ft. Williams is moving 6 of the 10 rigs he has operating to Reeves County. Clayton Williams notes “we are shifting half of our operations South of Pecos, TX to focus on Wolfbone”.

Reeves OverviewLESSOR/ASSIGNOR SECTION TRACT GROSS INT. NET OPTION OPTION ACRES ACRES EXP. ($)

Block 55, T-7, T&P RR Survey

VE&D (Exp. 07/08/14) 22 ALL 691 1 691.00 N/A

VE&D (Exp. 07/08/14) 28 All 691 1 691.00 N/A

Moore Family (Exp. 07/01/14) 40 All 698.1 1 698.10 7/1/16 $750

Block 55, T-8, T&P RR Co. Survey

TX-CO (Exp. 06/17/14) 9 All 666 1 666.00 6/17/16 $750

Moore Family (Exp. 07/01/14) 11 All 690 1 690.00 7/1/16 $750

Block 13, H&G.N.R.R. Co. Survey

Wildhorse (Exp. 01/15/14) 308 ALL 640 1 640.00 1/15/16 $600

Wildhorse (Exp. 01/15/14) 234 E/2 302.52 1 302.52 1/15/16 $350

Moore Family (Exp. 07/01/14) 46 E/2 & SW/4 480 1 480.00 7/1/16 $750

60 All 640 1 640.00 7/1/16 $750

61 All 640 1 640.00 7/1/16 $750

62 All 640 1 640.00 7/1/16 $750

44 SE/4 160 1 160.00 7/1/16 $750

48 All 640 1 640.00 7/1/16 $750

“N/2, SE/4, NW/4SW/4

49 & NE/4SW/4SW/4” 610 18/37 296.72 7/1/16 $750

50 Part of W/2 216.59 1 216.59 7/1/16 $750

59 W/426.66 426.66 1/2 213.33 7/1/16 $750

77 part of SW/4 154.33 1 154.33 7/1/16 $750

77 N/2 SE/4 80 1 80.00 7/1/16 $750

Block 71, Public School Lands

Home For Aged Masons (Exp. 6/23/14) 49 East 160 160 1 160.00 6/23/16 $500

Block C-10, Public School Lands

Moore Family (Exp. 07/01/14) 8 All 624 1 624.00 7/1/16 $750

TOTAL 9,850.20 9,323.59

Reeves County Prospect Double Eagle Development

Source: Mobilis Inc.

Petrohawk has permitted a key well, the Herrington #1H

Concho has an effort under way including the Big Chief well

XTO (Exxon) is drilling & completing a key well on the La Escalera Ranch

Clayton Williamns continues to permit new wells, 11 rigs running

Energen plans to double the rig count in the Delaware Basin

Whiting announced some updates on the Big Tex prospect (788 Boepd) says Raymond James

Whitings first HZ Wolfbone came on line at 788 Boepd (92% oil) in Pecos Co., TX

Resolute makes a move into the basin acquiring 7,900 Acres; 11 wells to drill

Southelon Sha

Offyton W

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ALL

All

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9,690 Gross Acres & 9,163 Net Acres

100% Operated WI; 75% NRI

Divestment ServicesPLS

© 2

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Southern Delaware Basin Avalon Shale & Bone Springs

Offset Petrohawk and Clayton Williams on Majority of the Acreage

3-Year Primary With 2-Year Kickers

New Opportunity

www.plsx.com

West Texas Leases www.plsx.com

Delaware Basin

REEVES CO., TX PROJECT9,690 Gross Acres & 9,163 Net Acres.SOUTHERN DELAWARE BASINAvalon Shale & Bone Springs L100% OPERATED WI; 75% NRI---Offset Petrohawk and Clayton WilliamsOn Majority of the Acreage.---3-Year Primary w/ 2 Year Kickers---180 Day Continuous DevelopmentSELLER IS NEGOTIABLE ON TERMSL 5390DV

MIDLAND BASIN ACREAGE FOR LSE45,000-Gross Acres. 28,000-Net Acres.TERRY & LYNN CO AVAILABLEGAINES and DAWSON ACREAGE SOLDWolfberry & Wolfcamp Shale Targets. LMississippian PotentialTERRY HAS NET 11,400 AcresLYNN CO., TX HAS 2,567 NET ACRES100% OPERATED WI; 75% NRI3-Year primary Term w/ 2-Year Kicker.Seller Expectations In Line w/ MarketSELLER BROKE UP PACKAGEL 5812DV

For additional information on this deal,

contact PLS’ transactions team at (713) 650-1212

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North Dakota AcreageBakken/Three Forks

NORTH DAKOTA BAKKEN LEASES~15,540 Net Acres.MOUNTRAIL COUNTYRoss & Parshall Fields LBakken & Three Forks100% OPERATED WI; 80% NRIBakken Area IPs 500-1,300 BOPDIndividual Well EURS >500 MBOEOffset Operators: Brigham & EOGReasonably Priced.L 4601DV

For additional information on this deal,

contact PLS’ transactions team at (713) 650-1212

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55

OFFERp Shale Targetential

1PENDING11,400 AcresHAS 2,567 N

Page 6: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

ard Disclaimers Apply.

Net Proved Reserves:1,942 MBOE

Net Proved PV10: $35

NSAI Report Available

Eugene Island, High Island,Ship Shoal, West Delta

3-52% NonOp WI

Summary

Gulfsands Petroleum (AIM: GPX) owns a portfolio of non-opera

erties located in the shallow “shelf” region of the GOM, offshore Texa

The assets comprise 34 leases containing 20 producing fields; w

range from 3% to 52%.

Net Production for 2011 is expected to average 680 BOEPD (60

generated reserve report illustrating total proved reserves of 1,942

ated PV10 value of $35,172,800.

ghts

680 BOED

2%); 75% NRI

es

serves:

d: $35.17MM

rkover

Q4 ‘11

7.25 MM

s

)

Need A Title

Source: PLS’ Global M&A Database / www.plsx.com/ma

Net Summary Curve

Oil

Gas

WellCount

ted oil

s and L

workin

% oil) w

MBOE

Oil

www.plsx.com NonOp WI Off shoreHigh Volume Oil Production

GULF OF MEXICO SALE PACKAGENonOperated Working Interest Offshore41 PDP. 34 Leases. 16,818 Net Acres.EUGENE ISLAND & HIGH ISLAND, PPVermilion, East & West Cameron,Ship Shoal & West Delta Platforms EUGENENew 3-D Shot Over Eugene Island 32 ISLAND 32Drilling/Workover CAPEX Scheduled Q4’11 STILL AVAILABLE3%-52% NonOperated WI; 75% NRI 2/3 OF PKGNet Production: 680 BOEPD (60% Oil) UNDER CONTRACTImmediate Workovers & Exploitation2010 Operating Cash Flow: $7,256,000/Yr.2011 Net Cash Flow: $400-600K MonthNet Proved Reserves: 1,942 MBOESubstantial PDNP ReservesNet Proved PV10: $35,172,800PP 4431DV

For details, call PLS’ transactions

team at (713) 650-1212All Seller Rights Retained & AAll Standa

SSSoouurrcee: PLS’ Global M&A Database / www.plsx.com/ma

Scan w/smart phone for more information

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6

For Sale

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McKeKK an County,yy PAPP Sale Packakk ge

100% RI

Gross Production: 80 Boepd

3–mn. AvAA g. Net CF; ~$65,000/mmnn

New WeWW ll AFE: $10000,0000

NSAI Reesseerrvvee Report AvAA ailable

RI

Divestment ServicesPLS

©20

11

McK

Burning WeWW ll Field

Devonian Production: (2,600')

Net Proved Reserves: 690 Mboe

Net Proved PV10: $12.3 MM

Wind City Oil & Gas 2 Deals!Oil Package + Marcellus Acreage

MCKEAN CO., PA PROPERTY137 Producers; 5,500-Acres.BURNING WELL FIELDSHALLOW OIL & GAS PPBRADFORD PRODUCTION. ~2,600 Ft.MINERALS INCLUDEDWATERFLOOD POTENTIAL100% OPERATED WI; 87.5% NRI 50Gross Production: 57 BOED BOEDNet Production: ~50 BOEDNet Cash Flow: ~$90,000/MnNet Proved Reserves: 690 MBOE81 PUD Locations Identifi edNet Proved PV10: $12,300,000NSAI RSRV REPORT AS OF NOV. ‘08New Well Costs: $100,000PP 4640WF

MARCELLUS ACREAGE FOR LEASE~3,500 Acres.POTTER & TIOGA COUNTYMarcellus & Utica Shale L100% OPERATED WI; 75% NRIInitial Production (IPs) 5.0-10.0 MMCFDREADY TO DRILLEURs; 4.0-6.0 BCF/Well MARCELLUSActive Permitting and Drilling NearbyOffset by: Penn Virginia, SM Energy,Ultra Resources, Seneca, EQTPACKAGE READY AUGUST 2011PREPARING PKG FOR THIS ACREAGE.L 4801DV

For additional details, call PLS’ transactions

team at (713) 650-1212

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Page 7: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Bakken Shale ProspectStacked Oil Pay Zones

Texas Upper Gulf CoastEagle Ford

Scan w/smart phone for more information

DANIELS CO., MT PROSPECT50+ Potential Wells. ~10,000-Acres.14 STACKED OIL PAYSObj 1: MCGOWAN 6,200 Ft. DVObj 2: Mission Canyon. 6,400 Ft.Obj 3: LODGEPOLE. 8,000 Ft.Obj 4/5: BAKKEN & THREE FORKSObj 6/7: Nisku & Deeper Pays100% OPERATED WI; Mostly 83.5% NRI 3-DMULTI PAY OPPORTUNITIES OIL28-Sections 3-D Seismic Available.Wells Planned For This Year.Est Well Reserves: 300 MBO -1.0 MMBOEst Project Reserves: 40-50 MMBOEst Bakken Reserves: 10 MMBODHC: $1,600,000; Compl: $2,500,000DV 5013L

SHORT FUSEScan w/smart phone for more information

EAGLE FORD SHALE ACREAGE7,788-Gross/Net Acres.WALKER CO., TXEagle Ford +800’ Thick. ~14,000’ L/DVMultiple Objectives Possible.Austin Chalk, Eagle Ford, Buda, Dexter,Georgetown, Edwards, & Glen Rose.Proposed Total Depth: 19,000’ MD EAGLE100% OPERATED WI; 75% NRI FORDRange Permit Next To Acreage----Just Spudded Well 5/31/11Area Surrounded By Independents.NO FORESTRY ISSUESALL PRIVATE LANDNew 3-Year Lease w/ 2-Year Kicker.L 6639DV

ACREAGE OFFSETS RANGE RESOURCES

PLS’ Marketing & Transaction arm has been maximizing these opportunities since 1987, handling over $3.0 billion in asset sales.

Get it sold through PLS, call (713) 650-1212 or drill www.plsx.com

7

For Sale

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Marcellus Acreage For Sale

~584 Acres; 9 Parcels.

Marcellus Shale ~300Ft Thick.

100% Operated WI; 85% NRI.

Tennesee Gas Pipeline ~.5 Miles Away.

EURs ~5-6 BCF/Well.

Divestment ServicesPLS ©

201

1

Offset Operators: Hess, EQT, Cabot, SWN

Susquehanna Co., PA

Herrick, Gibson, Clifford,Greenfield

Marcellus Shale

OOffffssffffffff eettOOppeerraattoorrss::Hess, EQTQQ ,TT Cabot, SWN

www.plsx.com

Marcellus Shale Acreage For Sale

~1,383 Acres.

Close To Major Roads; Easy Access.

100% Operated WI; 85% NRI.

Near Large Water Source.

Williams Pipeline Runs Through Acreage.

Exploration AdvisorsPLS

© 2

01

1

Offset By Chief, Sitrus, CHK & SWN

Wyoming Co., Pennsylvania

Tunkhannock Township

Acreages For Lease www.plsx.com

2 Marcellus Shale Deals

MARCELLUS ACREAGE FOR SALE~584 Acres; 9 ParcelsSUSQUEHANNA COUNTYHerrick, Gibson, Clifford, Greenfi eld DVMARCELLUS SHALEMarcellus Shale ~300 ft Thick100% OPERATED WI; 85% NRIIPs To The West > 18 MMCFD MARCELLUS5 Year Leases Taken Q4 2009Tennesee Gas Pipeline ~0.5 Miles AwayEURs ~5-6 BCF/WellOffsets: Hess, EQT, Cabot, SouthwesternSELLER ALSO HAS PKG IN WYOMING CODV 4684L

MOTIVATED SELLER

WYOMING CO., PA ACREAGE~1,383-Acres For Lease or Farmout.TUNKHANNOCK TOWNSHIPMARCELLUS SHALE DV100% OPERATED WI; 80% NRIClose To Major Roads; Easy AccessNear Large Water Source MARCELLUSWilliams Pipeline Runs Through AcreageOffset by Chief, Citrus, CHK & SWNGO TO PLSX.COM FOR DEAL ROOMDV 4744L

INFRACSTRUCTURE IN PLACE

For additional

details, call PLS’

transactions

team at

Scan w/smart phone for more information

Scan w/smart phone for more information

(713) 650-1212

Page 8: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

8

Drilling Opportunities & Acreage PlaysNegotiated Deals

COTTONVALLEY

LEON CO., TX PROSPECTMulti-Well PotentialCOTTON VALLEY REEFDINKINS DVCotton Valley & Bossier Possible.Structurally High Prospect.3-D Seismic & Core Samples.Closed StructureTargeting Porosity & Permeability.100% OPERATED WI; 75% NRIEstimated IP: 20-30 MMCFDOffset (CV) Field: Cum’d 5.6 BCFeBossier (2 Wells) Field: 1.3 BCFeDHC: $8-$10MM: Compl: $10-$12MMDV 3593

HAYNESVILLELEASE

ACTIVE/FOR SALE

EAST TEXAS LEASEHOLD~10,500 Gross Acres; ~4,720 Net Acres.HAYNESVILLE & BOSSIERNACOGDOCHES, SHELBY & DVSAN AUGUSTINEMultiple Target Potential.3 Year Leases + 2 Year Option.Majority Of Tracts In Shelby County100% OPERATED WI. 75% NRISurrounded By Large Independents.Bossier Reserves: 5.5 BCF/80 AcresVISIT DATA ROOM FOR MORE INFODV 5753L

WILCOX

ZAPATA CO., TX PROSPECT8-Possible Wells. 3,600 Acres.FANDANGO & EL SEGUIDOTWO SAND PACKAGES DVUpper Wilcox Channel Sands PlayAdditional Deeper Turbidite Sands.13,000-15,000 Ft & 18,000-20,000 FtSubsurface Geology. 3-D Seismic1,400 Acre Seismic Amplitude100% OPERATED WI. 74% NRIPotential Wilcox: 25 BCF/WellWilcox Drains: 160 Acres.Targeting 200 Ft Pay 1,000 Ft IntervalOffset Wells Cum’d > 20 BCFeDeeper Zones Could Hold 300 BCFDV 3563

HAYNESVILLELEASE

ACTIVE/FOR SALE

ATASCOSA CO., TX PROSPECT4-Proposed Wells. 531-Acres.EAGLE FORD SHALE OILFASHING FIELD - EAGLEVILLE TREND DVMature Oil Window - Sweet SpotSurrounded By High Rate EF Wells----From Large Independents100% OPERATED WI; 75% NRIAvg Well IP: 800 BOPDAvg Est Well EUR: 500 MBOCan Drill New Horizontal OR ----Economical Side Tract Well w/ 7 IN Casing.Good Roads, Pipeline, Infrastructure.Favorable Lease Terms.Prime Leases. Motivated Seller.NEW LEASE BACK ON MARKETDV 5817

NIOBRARAACTIVE FOR SALE

NIOBRARA PROSPECT FOR SALE~10,000 Acres; West of Teapot DomeNATRONA COUNTYNIOBRARA & TEAPOT DVMultiPay. Steele & Mowry Possible.62 Well Potential (160 acre spacing)Developed Fault and Fracture SystemsNatural Drainage SW Of Teapot Dome100% OPERATED WI; 80% Lease NRINiobrara Depths: ~5,200 Ft. (500 Ft Thick)Steele Depths: ~4,100 Ft.Individual Well EURs: ~250 MBOEEst Field Reserves ~8.9 MMBOGO TO WWW.PLSX.COM FOR INFODV 4790L

Eagle Ford Prospect

4-Potential Wells. 703-Acres.

LEASEHOLD FOR SALE

100% OPERATED WI; 75% NRI

Est Well Reserves: ~250 MBO

Est Project Reserves: ~1.0 MMBO

Divestment ServicesPLS

© 20

11

Frio County, TX

For Sale or Industry Trade

Obj 1: Eagle Ford. 7,000 Ft.

Obj 2: Austin Chalk. 6,800 Ft.

www.plsx.com

EAGLE FORDPLAY

FRIO CO., TX PROSPECT4-Potential Wells. ~703-Acres.EAGLE FORD PLAYObj 1: Eagle Ford. 7,000 Ft. DVObj 2: Austin Chalk. 6,800 Ft.LEASEHOLD FOR SALE100% OPERATED WI; 75% NRIFor Sale or Industry Trade.Est Well Reserves: ~250 MBOEst Project Reserves: ~1.0 MMBOLease Expires 2013DV 3542

Selling properties is the last chance to make money on an asset. PLS’ marketing arm – DivestPro, has been maximizing these opportunities since 1987,

handling over $3.0 billion in asset sales. Get it sold through PLS, call (713) 650-1212 or drill www.plsx.com

Page 9: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

9

Drilling Opportunities & Acreage PlaysNegotiated Deals

SOLD

NORTH DAKOTA ACREAGE~3,800-Acres.DIVIDE & WILLIAMS COUNTYBAKKEN & THREE FORKS100% OPERATED WI; 80% NRIOffsets Petrohunt, Continental & BaytexSolid Operators.L 4676

Multipay Bakken Prospect

~1,000 Net Acres For Lease

Multipay Objectives

100% Operated WI; ~75% NRI

Nearby IPs ~1,000 BOPD

2-3 Years On Leases

Exploration AdvisorsPLS

© 2

01

1

Bakken & Three Forks Potential

Offset Operators: Brigham, St. Mary,

GeoResources

Sheridan & Roosevelt Cos., MT

Divide Fields

www.plsx.com

BAKKEN & THREE FORKS POTENTIAL

SHERIDAN & ROOSEVELT CO, MT~1,000 Net Acres For LeaseDivide FieldsMultipay Objectives DVBakken & Three Forks Potential100% OPERATED WI; ~75% NRINearby IPs ~1,000 BOPDOffset Operators: Brigham, SM Energy,GeoResourcesSolid Terms. 2-3 Years On LeasesDV 4790L

SHALLOWOIL

ROCKIES SHALLOW OIL PLAY~90,000 (Mostly Fee) Acres Leased.RICH & SUMMIT CO., UTUINTA CO., WY DVMultiple Frontier & Bear River Shallow SandsDeep Targets: Twin Creek, Nugget, ----Big Horn & Mission Canyon. 50% OPERATED WI; 80% Lease Shallow Oil Prospects READY TO DRILLOffset Fields Flank: 350 MMBO & 8.0 TCFShallow Potential: ~100+ MMBO & 1.0 TCFAdditional Updated Geology Available.DV 2581

ORRI

EAST TEXAS ORRI PACKAGE~2,239 Acres Being Drilled; 2-Permits.LEON & MADISON COUNTYHORIZONTAL WOODBINE PLAY RRTight Sands Oil PlaySix (6) Area Permits9 Potential Wells To Be Drilled on ORRICurrently Leased to Experienced Operator1.5-6.33% ORRI FOR SALEAnalogue IPs 500-1,400 BOEPDAnalogue EURs 500-900 MBOE/Well> 40 Wells Drilled in Kurten/MadisonvilleAdd’l 1% ORRI Possibly Available in AMIRR 4630

3% LEFT

GONZALES CO., TX OVERRIDE4,228 Net Acres; 1-Well 5-New Permits.EAGLEVILLE & PILGRIM FIELDSEAGLE FORD DEVELOPMENT RREASTERN GONZALES31-New Eagle Ford (Area) CompletionsSOLID OPERATORProjected 20-24 Potential Locations.1.625% Override Left1-Offset IP: 937 BOPD & 822 MCFD1st Well (IP): 1,000 BOPD & 1,000 MCFDIMMEDIATE WELLS BEING DRILLEDEst Well Reserves: 350-700 MBOENet Reserves (23 Wells): 7.8-17.5 MMBOE1.0% OV Could Yield Net 78-175 MBOFirst Well Incl 4,600 Ft Lateral.ONLY ~1.625% REMAINING FOR SALE.RR 4845DV

Selling properties is the last chance to make money on an asset. PLS’ marketing arm – DivestPro, has been maximizing these opportunities since 1987,

handling over $3.0 billion in asset sales. Get it sold through PLS, call (713) 650-1212 or drill www.plsx.com

Page 10: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Property, prospect, royalty & midstream asset sale services.

PLS’ marketing team has helped sellers

market operated assets, nonoperated

working interests, conventional and large

unconventional plays, royalty interests

and downstream assets since 1988.

In fact—PLS’ in-house marketing team

is one of the industry’s largest marketing

service bureaus handling cash fl ow-driven

assets in the mid to under market valued

between $250,000 and $50,000,000.

PLS collects data; off ers unique desktop

publishing, presentation & packaging

capabilities; the largest database of buyers;

unique distribution channels; virtual &

physical data rooms; multi-dimensional

marketing; well-tested marketing protocols

and 20+ years of transaction expertise to

assure a successful sale.

Contact PLS to execute “high profi le”

and/or “quick & quiet” negotiated sales.

(713) 650-1212 (Phone) / [email protected] / www.plsx.com PowerPoints

Grid Sheets

Teasers

Virtual Data Room

SELLINGMADESIMPLE

Page 11: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Who is PLS? Information. Transactions. Advisory.oorooroo yy..

PLS provides clients services they need to better manage their portfolios and facilitate profi table transactions.

Information & Research.

PLS is a leading energy information fi rm

providing critical news, research and

analysis on a&d, e&p, midstream, capital

and commodity prices.

The fi rm manages the industry’s multiple

listing service (MLS), maintains the

PLS Global M&A Database and off ers a

unique information portal for industry

professionals.

PLS also provides unique networking

events and conferences for its clients.

US, Canadian & International Reports

Order only the reports you need.

Information & Research. Marketing & Transactions. Advisory & Consulting.

Reports include:

A&D Transactions

ProspectCentre

CapitalMarkets

MidstreamNews

QuickPrice

Canadian Acquirer

Canadian Explorer

Canadian Capital

InterntionalDeals

Networking & Events:

Prospects & Property Expos

Conferences

Website includes:

Multiple Listings

Deals in Play

Streaming News

News Archive

Document Search Tool

M&A Database

Prospect Database

Production Data

Genealogy

PLS markets:

Producing Properties

Drilling Ventures

Farmouts & Acreage

Royalties, Override & Minerals

Midstream & Downstream Assets

Technically Challenged Assets

Waterfl oods

Development Projects

Unconventional Resource Plays

PLS specializes in the under

to mid market and transactions

up to $50 million in value

PLS off ers:

Direct Consulting

Buyside Services

Capital Sourcing

Engineering & Technical Work

Marketing & Transactions.

PLS and its affi liates off er traditional

property brokerage, prospect marketing

and midstream asset sale services.

The fi rm assists sellers with data

aggregation, packaging & presentation,

virtual data rooms, buyer lists, compre-

hensive marketing, off er solicitation,

negotiation and transaction execution.

PLS’ transaction arm has marketed over

$3.0 billion in assets sales in the U.S.,

Canada and overseas.

Advisory & Consulting.

PLS can assist clients with data

aggregation, market research, property

valuations, technical support, deal

origination, buyside assistance and access

to capital markets.

PLS is a market maker uniquely

positioned to off er advice and consulting

services on an hourly, retainer or success

fee basis.

www.plsx.com(713) 650-1212 (Phone) / (713) 658-1922 (Fax) / (403) 294-1906 (Canada)

Page 12: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Internet Data Room

Teasers

PowerPoints

Grid Sheets

Marketing & Transaction Services

Traditional oil and gas property brokerage, prospect marketing and midstream asset sale services.

PLS and its marketing divisions have been helping sellers

market operated assets, non operated working interests,

conventional prospects, large unconventional acreage plays,

royalty interests and downstream assets since 1988.

In fact—PLS’ inhouse marketing division DivestPro Energy

Partners is one of the industry’s largest service bureaus and

marketing agencies handling cash fl ow-driven assets in the mid

to under market valued between $250,000 and $50,000,000

while PLS Exploration Advisors and Synergy Land Partners

groups are providing solid added-value marketing resources

for prospect generators, exploration companies and land

departments.

Downstream, PLS assists operators and pipeline companies

market their midstream gathering, transporting and storage

facilities on a profi table basis through its Midstream

Marketing Group.

In every eff ort –

PLS marketing teams provide sellers specialized data

collection; unique desktop publishing, presentation and

packaging capabilities; in-house printing; the industry’s largest

database of buyers; multi-dimensional marketing; unique

distribution channels; internet and physical data rooms;

well-tested marketing protocols and +20 years of transaction

expertise to assure a successful sale.

In addition to its own strong marketing resources, PLS

also has regional and professional alliances for engineering,

evaluation, reservoir simulation, production optimization and

best practices. PLS also has access to a number of professional

geologists and geophysicists.

PLS has marketed over $3.5 billion of assets throughout

the US and Canada since 1990 and can execute “high profi le”

marketing as well as “quick and quiet” negotiated sales.

PLS has 23 years experience marketing oil and gas proper-

ties. Today, the fi rm has specialized business units for market-

ing the diff erent types of oil and gas interests.

Selling Prospects & Projects

Rationalizing Midstream Assets

Brokering Lands & Farmouts

Monetizing PropertiesWorking InterestRoyalties

Page 13: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Marketing & Transaction Services

The Sale Process

The sale of operated properties, non-operated working

interest, prospects, farm-outs, overrides, mineral interests

and midstream assets generally comes down to four

processes. They are: data collection; packaging and

presentation; buyer list, and execution.

PLS adds value at every step with its multiple listings,

newsletters, M&A research and Internet portal.

1. Data Collection

PLS has proprietary protocols and software for handling

data. It uses Lasser, DrillingInfo, PHDwin and in-house

data sets to match public and third-party data with

seller-provided information, so buyers don’t have to.

2. Packaging & Presentation

PLS’ resources include desktop publishing, in-house

printing, proprietary buyer lists and a mailing house to

assure timely and cost-effi cient marketing support.

3. Buyers List

PLS constantly updates buyer profi les, tracks

listing inquiries and cross-references various

databases to generate a high-quality list of

potential purchasers.

4. Execution

PLS has been advising sellers for more than

20 years and its growing publishing operations,

online listing service, direct mail capability and

telemarketing services provide valuable leverage

for any divestment eff ort.

In addition, PLS’ Global M&A Database

provides valuable insight and fair market

value for sellers.

Did you know –

PLS marketing resources are highly thought of

and the fi rm has provided back-offi ce services,

outsourcing and subcontractor resources for

oil and gas fi rms, investment bankers and other

agents on assets sales of up to $1.0 billion in value.

PLS marketing and transaction arms sell operated

properties, non-operated working interests, overrides,

mineral interests, prospects and midstream assets.

• PLS simplifi es the sale process and saves sellers valuable

management time and worry.

• PLS leverages its in-house research and information

resources to aggressively sell client assets.

• PLS’ marketing arm also works in tandem with regional

brokers and technical fi rms for projects requiring

specialized engineering and geological support or

local services.

• PLS has been a leader is divestment services,

establishing key protocols for data aggregation,

packaging techniques, buyer lists and Internet

technologies.

Data

Maps

LeaseOperating Statement

Decline Curves

Direct Mail

Summary Data

ProprietaryBuyer’s Database

www.plsx.com/deals

Page 14: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Information. Transactions. Advisory.

A&D Advisory Team

Richard MartinDirector, Transactions

Direct (817) 550-1640

E-mail [email protected]

Tim PawulDivestment Services

Direct (713) 600-0169

E-mail [email protected]

James BlairManaging Director

Direct (214) 843-7559

E-mail [email protected]

Sung KimDivestment Services

Direct (713) 600-0139

E-mail [email protected]

Jason ReimboldVice President

Direct (713) 600-0156

E-mail [email protected]

Anthony RojasDivestment Services

Direct (713) 600-0133

E-mail [email protected]

Brian GreenDivestment Associate

Direct (713) 600-0119

E-mail [email protected]

Rob ViaDivestment Services

Direct (303) 728-9636

E-mail [email protected]

www.plsx.com

(713) 650-1212 (United States) / (403) 294-1906 (Canada) / +91-98456-55034 (Overseas)

Page 15: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Track Record Select assignments from PLS’ marketing arm

East Texas Package

$82MM

Sourced & Originated for Buyer

Corporate Sale (3-Packages)

$25MM

Royalty/Mineral Package

Multiple Projects

>$50MM

MidContinent/California/Permian

East Texas Asset Sale

$42MM

WellSpring Sale Project 2003

Sold to Williams

$25MM

Barnett Shale Package

Kansas Waterfl ood

$52MM

Negotiated Sale/Houston Buyer

Wyoming Properties & Projects

$4MM

Powder River Basin

4 Sale Packages

>$35 MM

Sold To BXP, Shell, et al

Large Royalty Package

$27.3MM

Sold 90 Days; Closed 1 Week

Permian Basin

$19MM

Negotiated Sale Dallas Buyer

Sale of 7 Packages

$9.5MM

Including Third Party Engineering

1996-Sold Conroe Field

$22 MM

Sold to Whiting Petroleum

Cherokee Basin

Coalbed Methane

$68MM Valution

Savell Field Override

$25MM

Sold to Multiple Buyers

2005 Sale Package

$9MM

East Texas Reserves

2,800 Coalbed Methane Wells

$16MM

Sold in 2 Pieces; 2007

Page 16: Deals For Sale · Majority Of Acreage Is HBP. PP Additional Drilling Opportunities Present. CASH FLOW Project Is Under EOG Operations. $115,000/Mn Up To 12.5% NonOp WI; 75% NRI NONOP

Negotiated Sales North American opportunities being off ered through PLS’ marketing arm

PLS is one of the induustry’’s leadingg U.S. divestmentt fi rrms

off ering direct markeeting and trannsactioon services——

This DM brochure includes select off erings that PLS currently has on the

market. As a buyer, you should review these assets by logging onto plsx.com

or call PLS at (713) 650-1212 to update your buying criteria.

As a seller, please note that PLS’ marketing arm can handle your asset

sale effi ciently and eff ectively. Our fi rm coordinates data collection; prepares

packages and presentations; sets up virtual or physical data rooms; prepares

and prints powerpoints, teasers and gridsheets; disseminates and distributes

information to buyers and admin-

isters the sale. PLS also has one of

the most thorough buyers’ list in the

industry as our database is leveraged

through PLS’ research and publishing

operation. PLS is also the industry’s

only marketing fi rm with in-house

printing resources.

PLS’ transaction team also interacts with purchasers, coordinates the

marketing process and handles all negotiations as required by the client.

PLS can also evaluate and value any asset on an engineering or comparable

basis (metrics) and advise clients. Finally, PLS can assist with the purchase

and sale agreement and facilitate closings as needed.

In total, PLS’ research and publishing operations including buyer leads,

market exposure, operational support and package distribution provides

sellers with a compelling advantage over an in-house sales eff ort. PLS has

handled over 800 projects since 1989 and marketed $3.0 billion in assets

in the U.S. and Canada. Please drop us a line if you would like to learn more

about how our fi rm can leverage your asset sale for cash.

Ronyld W. Wise, Managing Director

E-mail: [email protected]

Recent Seleccted Saales—

SOLD SOLD

SOLD SOLD

SOLD SOLD

SOLD SOLD

www.plsx.com/deals