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Shilo, OK Projects

The Company owns a 7.5% working interest in Shilo #1 with 80% net revenue interest, in the gas and oil lease described as The N/2 NE/4 of Section 17, Township 16N, Range 10E, containing 40 acres more or less, located in Creek County, State of Oklahoma. The Company also owns a 11.5% working interest with 80% net revenue interest, in the gas and oil lease described as The SW/4 NW/4 NE/4 of Section 17, Township 16N, Range 10E, containing 10 acres more or less, located in Creek County, State of Oklohoma (the ''Shilo #2'').

On June 10, 2010, the Company obtained a valuation report for each of the two leases from Richard F. Mooney, a petroleum geologist/geophysicist, based on reported well data and available production history (the ''Reports''). The following is a discussion of the Reports with respect to such leases.

Two wells were drilled in 2006, the Shilo #1, NE/4 SW/4 NE/4 NE/4 and the Shilo #2, SE/4 SW/4 NW/4 NE/4. The wells were drilled by a now defunct operator, Mr. Dempsey T... Read More

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Tiger Oil and Energy Inc.

Tiger Oil And Energy
Ken Liebscher 702-839-4029
 

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