Zarvona Energy and its affiliates acquires operated Permian Basin properties

Effective August 1, 2014, Zarvona Energy and its affiliates acquired an operated Permian Basin field located in Crane, Ector, and Upton Counties, Texas. The properties currently produce approximately 800 barrels of oil per day (BOPD) and 1.5 million cubic feet of gas per day (MMcfd) from 23 wells. Operations were assumed by Zarvona Energy LLC effective September 1, 2014.