Highlander #2 Well Awaits COmpletion

World-class, large-scale resource providing decades of gas supply and potential cash flow from 5-10 wells. Significant potential with >5Tcf of identified resource from a 20,000+ acre structure; represents one of the largest natural gas developments in North America

Extensive technical, operational, and project execution activities significantly de-risk the project, including seismic reprocessing (FWI), production data from the initial well, and an active drilling campaign. The Moncrief's have a long-term contract on the Coastal Rig #22, the only rig in the world capable of drilling these ultra-deep wells in the coastal waters of Louisiana. Highlander Oil & Gas is the only operating & engineering team with decades of experience drilling ultra-deep, high-temperature, high-pressure wells in this play

Demand for LNG is anticipated to alter North American market dynamics; substantial infrastructure investments are underway and planned to meet demand. Highlander is in an ideal geographic location to support LNG and regional power demand at attractive pricing vs. other lower 48 basins