1 In McDonough County, Ill., Keyrock Energy LLC has scheduled a 1,250-ft. exploratory test. The #5 Hood will be in Section 33-4n-2w and the venture offsets to the south two shallower wildcats drilled in 1990. In Section 28, #28-1 Hood reached 900 ft. Some shows of oil were encountered during a production test at 764-771 ft. in Fort Atkinson. To the northwest is a deeper wildcat drilled in 1991. The #28-1 Archer bottomed in St. Peter at 1,233 ft. Log tops include Trenton at 882 ft.; Decorah shale at 1,066 ft.; Guttenburg lime at 1,068 ft.; and St. Peter at 1,142 ft. The nearest production in this part of Illinois is six miles southwest in Brooklyn Field, which produces from Devonian pays at around 600 ft. Keyrock Energy is based in Kingsport, Tenn.

2 A Shelby County, Ill., wildcat has been permitted by Faithful Oil LLC. The planned 3,900-ft. #1 Montgomery, which is targeting pays in Trenton, will be in Section 33-11n-6e. The exploratory test is within two miles of three 2,200-ft. shallow tests drilled more than 60 years ago. Oil production in Stewardson Field is about seven miles southwest of Faithful's scheduled wildcat. The reservoir, which was discovered in 1939, produces from Mississippian pays in Aux Vases and Rosiclare. The nearby Stewardson West Field produces from pays in Paint Creek and Rosiclare. The deepest wells in the fields produce oil from Rosiclare zones at about 2,000-2,200 ft. Deeper production in this part of Illinois comes from Mattoon Field, which is about eight miles east-northeast of the Louisville, Ill.-based company's #1 Montgomery. Oil production in Mat-toon Field is from Devonian at 3,250 ft.

3 Brehm Oil Inc. is under way at a Posey County, Ind., wildcat that is slated to reach 5,300 ft. and targets Devonian pay. The #2 Spenco Farms is in Section 35-7s-15w and is near a 5,130-ft. test (#1 Spenco Farms) abandoned by the company in late 2011. Oil shows were encountered in Clear Creek (Devonian) at 5,060-5,130 ft. Brehm's ventures are surrounded by oil wells in West Hovey Field, which came online in 1944. Reservoir output comes from various Mississippian pays, ranging from the Degonia and Clore to the deeper St. Genevieve. Deeper Devonian production is in Spencer Consolidated Field in Section 2-8s-14w, six miles east-southeast of Mount Vernon, Ill.-based Brehm's drill-site. Oil production from Spencer Consolidated Field was first reported in 1948.

4 Bandelier Pipeline Holding LLC of Houston has scheduled a deep exploratory test in Posey County, Ind. According to IHS Inc., #1-23 Turner has a planned depth of 7,500 ft. and is targeting pays in Trenton. Offsetting Bandelier's new location to the east is a 2,278-ft. test drilled in 1974. The #1 Floyd Laduke was abandoned in Tar Springs. Production in this part of Posey County comes from several wells in Welborn Consolidated Field, with the nearest well about one mile southwest. The #1-Comm Lloyd Quinn in Section 22 was completed in 1964 and the 2,624-ft. well produced crude from pays in Cypress sand. First production in Welborn Consolidated Field was reported in the 1940s, with wells producing oil mostly from shallower Mississippian zones. The deepest well in the reservoir produces through perforations at 3,872-76 ft. in Harrodsburg.

5 Core Minerals Operating has scheduled more Devonian drilling in Pike County, Ind. The #1 Pauw Freedom Energy is slated to reach 3,000 ft. from a site in Section 10-1s-7w. About 12 miles southwest of #1 Pauw Freedom Energy is a second well, #1 Kindill Mining. This venture will be in Section 23-2s-8w and is permitted as a new pool wildcat in Oakland City Consolidated Field. The proposed total depth is 3,000 ft. Fifteen miles further southwest, two deeper pool tests have been permitted in Wheatonville Consolidated Field. The #1 Elizabeth Titzer will be in Section 13-3-10w in Gibson County and is scheduled to reach 3,000 ft. Immediately south in the same section will be #2 Bernard Lutz, which is also slated to reach 3,000 ft. Core Minerals is based in Evansville, Ind.

6 A deep geologic structure test is planned by Pioneer Oil Co. in western Clay County, Ind. The #1 Helen Rentschler will be in Section 16-10n-7w and will be drilled to 5,000 ft. in Knox. Within one mile to the southwest is a 2,000-ft. test permitted in 2013 by CountryMark Energy Resources. The #1 Rentschler is targeting Silurian pay and is expected to reach a total depth of 2,000 ft. About one mile west of Pioneer Oil's deep structure test is a New Albany shale gas well completed in 1999 flowing an unreported amount of gas through perforations at 1,495-1,505 ft. The deepest previous drilling in the area is one and one-half miles northwest: #1 Fred Gard was drilled in 1958 to 2,807 ft. in Trenton. Pioneer's headquarters are in Lawrence ville, Ill.

7 Palmer Petroleum Inc. has scheduled a Conecuh County, Ala., wildcat that will be drilled to 11,500 ft. in an attempt to extend Smackover oil production east. The #1 Pate-Black Stone 14-9 will be in Section 14-4n-13e and the exploratory test is expected to bottom in Paleozoic. The nearest Smackover well, Pruet Production's #1 Cedar Creek Land & Timber 22-5, is two miles southwest in Section 22. That well was tested flowing 405 bbl.of 45.7-degree-gravity crude and 263,000 cu. ft. of gas per day through perforations at 11,424-39 ft. It was tested on a 24/64-in. choke and the flowing tubing pressure was 175 psi. The Little Cedar Creek Field well was directionally drilled to a total depth of 11,770 ft. Palmer Petroleum is based in Shreveport, La.

8 Houston-based Rosetta Resources Inc. plans to drill a second horizontal wildcat in the A-1 Carbonate play. The horizontal venture is planned in Section 1-9n-14w of Muskegon County, Mich. Rosetta plans to drill a 4,500-ft. vertical pilot hole. Once drilling on the pilot hole is complete, the well will be horizontally drilled to a bottomhole location about one mile west. The horizontal venture, #1-1 HD1 Swanson Trust, has a proposed total depth of 7,952 ft. Several vertical tests have been drilled within two miles of Rosetta's proposed surface location. Shallow gas production in Ravenna Field is about three miles west of Rosetta's planned horizontal wildcat. The A-1 Carbonate is a part of the Upper Silurian group, which lies above pays in Utica shale. Rosetta is one of several operators testing the potential of the emerging play.

9 In Fulton County, Ohio, Savoy Energy LP has staked a Trenton/Black River wildcat. The 1#-29 Kunkle is scheduled to reach 3,200 ft. The vertical wildcat will be drilled in Section 29 of Gorham Township. About two miles northwest is a 3,303-ft. test drilled in 1965, #1 Burd Gamble. According to IHS Inc., some shows of oil were encountered in Trenton at around 2,480 ft. Traverse City, Mich.-based Savoy Energy staked its first Trenton/ Black River wildcat in Ohio in late February 2013. The #1-5 Shull is in Lucas County and the proposed total depth at the venture is 3,075 ft.

10 A Jackson County, Mich., completion was reported by IHS Inc. Savoy Energy LP's #2-14 Kimball was tested pumping 192 bbl. of crude, 106,000 cu. ft. of gas and 10 bbl. of water per day through Black River perforations at 4,498-4,508 ft. The 4,590-ft. well was drilled in Section 14-4s-1e. Log tops at the Napoleon Field well included Trenton, 3,902 ft., Black River, 4,273 ft., and Glenwood at 4,570 ft. Within one mile west is Savoy's #1-14 Moore, which came online in September 2012. It was originally tested producing 216 bbl. of crude, 106,400 cu. ft. of gas and 11 bbl. of water per day. The #1-14 Moore was directionally drilled to 4,654 ft., 4,609 ft. true vertical.

11 Two horizontal tests are under way in Bay County, Mich., near the banks of Lake Huron. Jordan Development Co.'s #1-25 HD1 Teets began in March but has since been put on hold until the State's Frost laws are lifted. The #1-25 HD1 Teets is in Section 24-17n-4e, with a planned bottomhole about one mile south beneath Section 25, and the permitted depth is 5,162 ft., 2,832 ft. true vertical. The horizontal wildcat is targeting Dundee lime as a part of Pinconning Field. From an offsetting surface location a second horizontal venture, #1-19 HD1 State Pinconning & Teets, is scheduled to bottom one-half mile east-northeast beneath Section 19-17n-5e. The proposed true vertical depth is 2,853 ft. Current wells in the field were drilled to total depths of 2,700-3,000 ft. in Dundee lime with a few shallower Traverse lime wells that were drilled to 2,200 ft. First production from the reservoir was reported in 1944. Jordan Devel - opment's headquarters are in Traverse City.

All data in the Exploration Highlights section is based on sources believed to be reliable, but its accuracy cannot be guaranteed. The prudent investor intending to act upon any particular data is urged to verify it with all other available sources. In no way should the publication of these items be construed as an express or implied endorsement of a company or its activities.

Most land in the US is divided into townships—rectangular tracts six miles square. The township, in turn, is divided into 36 numbered sections, each a one-mile square. The lines running north-south and dividing east from west are called range lines. The lines running east-west and dividing north from south are township lines.

A well in Section 15-Township 4 north-Range 3 east is abbreviated: 15-4n-3e.