SAN ANGELO OIL

San Angelo Oil is engaged in the acquisition, exploration, and development of conventional oil and natural gas properties. San Angelo is a subsidiary of San Angelo Operating Corp. It is focusing on the identification of conventional low permeability reservoirs with additional development potential that may be primarily accessed utilizing horizontal drilling and completion technology. San Angelo has acquired a 55% working interest in the Orb Prospect, which is located in the Wingate Field area of western Runnels County in the State of Texas.