Oil Report

Felderhoff Production Company has a new drilling permit for its Philmoore Lease, located 6.5 miles northwest of Witharral, Texas, at Illusion Lake in the San Andres Field in Hockley County.

Well No. 1 (API 42-219--

37517), a vertical well is 660' FWL

& 660' FSL of the Taylor, A LGE

695 LAB 16 Survey, Abstract 293,

4999' total depth, 184 acres lease.