Zarvona Energy and its affiliates acquires non-operated working interests in West Texas Oil Properties

Effective March 1, 2014, Zarvona Energy and its affiliates acquired non-operated working interests in oil fields located in Howard and Martin Counties, Texas. The properties are producing approximately 300 barrels of oil per day (BOPD) net as of March 2014 from over 80 producing wells. The properties include approximately 1,200 net acres and hold a number of high quality proved drilling opportunities.