Ann: Oyster Creek - Operational Update , page-3

On 8 December 2009 Antares announced the successful completion of the Anomalina C reservoir in the
Harrison No. 2 wellbore in the Oyster Creek project located in Brazoria County, Texas. The Harrison No.
2 well was spud on 30 December 2007 reaching a total depth of 13,040 feet encountering 164 feet of
gross pay and 67 feet of net pay over three reservoir intervals the F-41 sand, the Anomalina C sand
and the Anomalina B sand. The secondary F-41 sand being the lowest reservoir was produced first and
has produced in excess of 135,000 boe. The primary Anomalina C sand being the next reservoir was
successfully perforated and is currently in production on a restricted 6.5/64 choke at 5,400 psi. The well
is currently producing in excess of 200 Bo/d and 1,800 Mcf/d which equates to over 500 Boe/d.
Additional operational updates regarding the Oyster Creek project will be limited to quarterly updates.