Current Projects

Brookshire Dome

• Field Cumulative: 14 Million BO
• Magna Resources Leases: 5 Million BO Estimated Potential
• Magna Resources Distributions: Over $100 Million in Oil and Gas Revenue to Date
• Magna Resources Cumulative: 1.4 Million BOE to date (above -5000’)
• Magna Resources D&M Reserve Study: 4.7 Million Gross BO remaining (above -5000’)
• Technology: Proprietary 3-D seismic shoot (2015) to identify New Potential Reserves (to -15,000’)

Batson Dome

• Field Cumulative: 37 Million BO
• Flank Development: Magna Discovery

Cottonwood Creek

• Field Cumulative: 5.6 Million BO
• Average Production Per Well: 270,000 BO
• Technology: 3-D Seismic

Houston Salt Basin

• 3 Other Salt Domes in Development. Additionally, Magna Resources is currently pursuing multiple underdeveloped Salt Domes in the Houston Salt Basin

Acquisition Focus

• Texas, east of Scurry County to the Sabine River (Louisiana line),
• South of the Red River (Oklahoma line) to the Gulf and as far south as Corpus.