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Sequitur Energy Resources LLC is a growth oriented, independent oil producer with assets primarily in the Southern Midland Basin, in West Texas. Its primary focus area consist of approximately 75,000 net acres, most of which is contiguous and located in the adjacent counties of Reagan, Irion and Crockett, where the Wolfcamp represents our primary drilling target. In addition, Sequitur has approximately 62,000 net acres in the Buda Rose play, most of which is contiguous and located in East Texas in the adjacent counties of Houston, Madison, Walker and Trinity counties. The Buda Rose play contains multiple stacked pay intervals within our acreage position that can be effectively developed using horizontal as well as vertical wells.

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