Olmos well drilling away, page-14

Agent,

Your thoughts on the adjacent Wheeler 1 well so far? I know it is a vertical well that is '
currently only producing 7 bopd. Can't seem to remember or correlate vertical well result v
horizontal well result within the same structure. Open ended inquiry I know but can you shed
any light on ;

1. Wheeler appears to be at the same depth as OL 1H. Do you know how far Wheeler
is in relation to OL 1H?

2. I would assume that OL 1H is targeting the same sands/structure as Wheeler?

3. Any findings on poor producing verticals that have produced commercial flows
in the same target after horizontal drilling in ANY shale that you know of?

OL 1H would need to produce a 50 fold improvement on Wheeler for it to be
commercial one would have thought.

Cheers.