Moya Little, President

Western Divestments
Suite 105, 214 - 11 Avenue SE,
Calgary, Alberta, Canada
T2G 0X8

Phone: (403) 543-4080

> Summary

Western Divestments has been retained by The SBJ Energy Partners LLC., to introduce an investment opportunity located in the state of Texas (Map 1).

  • Low risk, sidetracking of existing Austin Chalk horizontal wells in the legacy Giddings
  • Significant land position of 4400 acres currently held by vertical and horizontal
  • High quality services, facilities and infrastructure in area
  • Highly experienced management team
  • Staged project ramp up involving initial re-entry and sidetracking of 3 existing
  • Significant low risk development drilling opportunity base including:
  • 10 to 20 potential horizontal infill locations
  • Potential secondary targets include Taylor Group Sands, Buda and Georgetown
  • Quick capex payback with attractive metrics at today’s price deck