Subsequent to the end of the second quarter, the Company announced that it had entered into a definitive agreement to sell its assets in
Dimmit County, TX for a purchase price of USD $29.5 million, subject to customary adjustments at closing.
Texas: Cameron County, Brownsville (D, TTU113388, AF425199);
Dimmit County, Chaparral Wildlife Management Area, UTM 14-458437E-3134279N (AC, TTU80759, AF425200); Erath County, 6.7 km S Stephenville (F, TK164094, HQ290335; AA, TK164100, HQ290336; C, TK164102, HQ290337; I, TK164103, HQ290338; G, TK164104, HQ290339; N, TK164106, HQ290340; W, TK164107, HQ290341; C, TK164108, HQ290342; O, TK164109, HQ290343; Q, TK164110, HQ290344; C, TK164111, HQ290345; I, TK164112, HQ290346; C, TK164113, HQ290347; C, TK164114, HQ290348).