We have increased our commitment to acquire 3D data in the
Permian Basin with a series of recently awarded 3D surveys. In Reagan
County, we are currently acquiring 170 square miles of data in the “Reagan SW”
and “Reagan NE” 3D surveys. The "Pemberton Draw 3D" seismic
survey is located in Glasscock and Midland Counties, Texas and is 109 square
miles. Permitting is underway and acquisition of the seismic data is
scheduled to be conducted in late Q1-15 to early Q2-15 on all the above
mentioned 3D surveys.