Lusk Field, Lea County, New Mexico

Lusk Field, Lea County, New Mexico is a producing oil and natural gas field located outside of Hobbs, New Mexico.

The Company owns a 43.75% working interest in three oil and natural gas horizontal wells producing out of the Bonespring formation at a depth of approximately 10,000 feet. The Company also owns working interests in wells producing out of the Yates and Morrow formations, and an 87.5% working interest in one water disposal well.