JayHawk Spuds Second Well at Crosby Field

JayHawk spud at Jenks #1, the second well of the Company's multi-well vertical development drilling program located at Crosby Field in Divide County, North Dakota. Jenks #1 is located NW of NW section 34-164N-97W. The targeted total depth (TD) of the well will be approximately 6,350 feet and we expect to be at TD in approximately 10 days. The geological zone being targeted is the Madison formation. The Crosby field is located in the Williston Basin.

JayHawk's President, Marshall Diamond-Goldberg commented, "We are pleased to have spud the second of the Company's multi-well development drilling program in the Crosby field. We have a service rig moving to the Knudson location, our first drill target, to begin completion of that well during the drilling of the Jenks location. Once both wells have been completed, the Company will pick the next development locations in the field for drilling later in the spring."