The Company has purchased 100% WI in 15,427 acres for a reasonable cost in Jackson County, Ohio through an arm’s-length transaction with a third party. The Company has committed to purchase approximately 7,500 additional acres in Jackson County, Ohio, and has the right of first refusal to continue purchasing additional acreage in an Area of Mutual Interest AMI. The Devonian group of shale reservoirs and the Clinton tight gas sand are available to exploit natural gas. Schlumberger estimated a discovered resource of over 300 bcf on the initial purchased acreage. A geologic study is almost complete to help high grade drilling locations. The Company anticipates drilling several test wells by year-end. The primary shale target for the new wells will be shallow at less than 1500 feet, so drilling and completion costs should be reasonable.  Both vertical and horizontal wells are expected to be tested.