New Drilling Locations, Leases, and Well Licensing

Ongoing interpretation of 3D seismic has delineated additional drilling locations which now total 18. We expect even more locations will be identified as interpretation progresses.

High Point has recently taken supplemental mineral leases pertaining to newly identified opportunities and continues with its ongoing leasing program. We anticipate our inaugural drilling program will commence in early to mid March. Wells are currently being programmed and applications are being prepared for well licensing. Evaluation work continues on complementary production opportunities in High Point's area of focus.

Acquisition of Seismic Data at Huxley