In other company news, the Horse Thief Hollow #1 well in Goliad County, Texas has reached a Total Depth ("TD") of 15,500 feet. Logs indicate a total of approximately 35 feet of apparent net pay in two intervals. Completion operations have begun on the 14,600 foot sand. The highest potential interval was not prospective and it is expected that the well will not significantly increase the Company's total proved reserves.
Drilling continues on one well in south Texas and two high potential impact wells, the Shady Side #1 well in St. Mary Parish, Louisiana and the La Terre 33 #1 well in Terrebonne Parish, Louisiana. All these wells are expected to reach TD in two to three weeks.
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