Completed Well 204/5b-2

Vertical exploration well on the Blackrock prospect, located in a saddle between the Corona Ridge and the Nuevo High, with an expanded Colsay Sandstone section as the primary objective in a pinch-out trap and the Rona Sandstone as a secondary target. Well encountered gas in a 78 ft TVT gross Hildasay Sandstone, with a full oil column in a 117 ft TVT gross Colsay 1 Sandstone (sample recovered), oil in Colsay 3 unit basalts and gas in a 310 ft TVT gross Lower Colsay. No details released for Upper Jurassic objective.