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Investor Presentation - Proactive Investors

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USA<br />

• Non‐operated interests in 30 oil & gas<br />

producing fields, shallow GOM<br />

• Working interests range from 2% to 53%<br />

• Original business of Gulfsands<br />

• Current production 1,300 boepd (WI)<br />

• Reserves: 4mmboe 1P, 5 mmboe 2P<br />

• Mature asset base, limited further upside in<br />

existing portfolio<br />

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