Calcuta Resources leased and unitized the Squirrel Creek Field in 2023. The unit contains 6,458 acres and is held by production

• Calcuta Resources owns 93% WI in the unit
• Estimated Original Oil in Place (OOIP)
• 20 MMBO – 40 MMBO
• Primary Recovery
• 2.4 MMBO
• Approximately 6% of OOIP
• Secondary Recovery
• Estimated 6.3 MMBO – 10.2 MMBO
• Tertiary Recovery
• CO2 – EOR
• Estimated 10 MMBO recoverable
• Tax credit incentives for sequestration