COCHRAN #1 WELL
GREATER GARWOOD PROSPECT
COACH CAPITAL LLC
The engineering professional responsible for the preparation of this report, which is entitled " COCHRAN #1
WELL AND GREATER GARWOOD PROSPECT RESERVOIR EVALUATION" is:
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Property: Greater Garwood, Cochran #1 COACH CAPITAL LLC
Exploration & Development Scenarios
The current status of the Greater Garwood Prospect is characterized by a single producing gas well and two
separate parcels of land holdings, where the rights for the exploration and production of gas have been secured.
These land holdings are labeled North Lands and South Lands and are shown on the map below.
This report provides an update on the pr ogress and developments of Cochran #1, the first exploration well
drilled by El Paso Exploration and Production Company (El Paso) in the Greater Garwood Prospect; as well as
the potential development scenarios going forward. The discussions are based on three main value assets in the
Greater Garwood Prospect; whereby, Coach Capital LLC (Coach) holds a 14.9% working interest:
1) The Cochran #1 initial test well currently under production, see map below.
2) The South Lands: The south land area potentially contains 264 acres of gas reserves, as mapped by El
Paso. The Cochran #1 well that is on production is located here. The Cochran #1 tested water from the
deeper horizons and produces gas from the middle horizons.
3) The North Lands: The north land area potentially contains 495 acres of gas reserves. Geological mapping
by El Paso suggest the deeper horizons in the north land may be gas bearing, as indicated by seismic
surveys. The deeper horizons combined with the gas bearing middle horizons that are analogous to the
South Lands, may accumulate to a significant exploration discovery.
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Property: Greater Garwood, Cochran #1 COA