Adexco Production Co.

Adexco Production Co. et al. have retained Albrecht & Associates Inc. to sell assets in the Barnett shale in North Texas. The package includes interests in 10 producing wells and 100 proved undeveloped locations on 6,000 gross (5,600 net) acres in Jack, Parker and Wise counties. Net production as of April was 4.8 million cubic feet of gas and 70 barrels of oil for a total 5.2 million cubic feet equivalent per day. Net proved reserves are 208,000 barrels of oil and 104 billion cubic feet for a total 106 billion cubic feet equivalent (11 billion proved developed). The data room is open. Offers are due June 18. The effective date is June 13. Contact Bob Albrecht, 713-951-9586.