Natural Gas Activity Erie County

Source: Indepth Exploration, LLC

dated: May 13,2012

"Utica Shale will be the largest oil and gas discovery in American History. All major oil and gas companies have come together for the first time in many decades to develop the largest rock formation known in America."

"Industry Partners on the Adameck Prospect #1This is a multi-zone program that was developed in the NW

part of PA. This is the most active leasing and drilling are in the US. Several major oil and gas companies are in this area to develop the Marcellus Shale and Utica Shale."

"The Adameck #1 multi-zone project was developed by Indepths Partner in PA, Utica Resourses.........

Experts believe there are Trillions of Cubic Feet of Gas and Billions of barrels of oil in the Utica Shale and

Utica Resourses is actively leasing acreage in NW PA for future drilling programs............"

"Indepth Exploration industry partner is Utica Resources and they are actively leasing acreage in NW

PA for Utica Shale drilling programs. Utica Resourses is a longtime PA oil and gas operator with vast experience in Operations, Drilling and Leasehold acquisition. Our first well, the Adameck #1 will be drilled in

Erie County, PA to test several zones."



JSIMS said:

So far I have not seen any horizontal well permits for Erie Co. The nearest activity is in Crawford Co. with 3 wells being developed around Pymatuning lake/ Cochranton area.