London Gin

Nueces County, Texas

Pipeline Resources has a leasehold interest in the London Gin prospect, comprised of the Lehman AB lease located in Nueces County. The lease was acquired in 2005 to explore and test the London West Field and potential production from the Horne, Burke, and massive Catahoula Sands.

The test well, the London Gin #1, was drilled in June 2005 to a depth of 7000' and completion results indicated several productive gas sands on log and formation tests. The initial test recovered 7500 cc oil and 1500 cc water. Further analysis of the water indicated that it was filtrate water, which comes from the drilling process. The zone also had virgin bottom-hole pressure of 2800#.

Current monthly production exceeds 250 BO.