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Grand Isle 70

Grand Isle 70

The Company owns a 100.00% WI in Grand Isle Block 70, OCS-G 27949, a federal lease located in 135 feet of water approximately 33 miles offshore of Louisiana where it also owns a 100% WI in the #A-1 and #A-1D wells. Rooster Petroleum, LLC is the operator of the field. A 3 slot tripod platform and a 4 inch pipeline were installed in October, 2011, prior to the Company completing the #A-1 and #A-1D wells.