Phoenix Oil & Gas Ltd. LLP

Phoenix Oil & Gas Ltd. LLP has retained Wellspring Partners to divest its operated interest in the Yowlumne Field, San Joaquin area, Kern County, Calif. Net daily production is 1,189 barrels of oil and 1.167 million cubic feet of gas per day. Remaining proved developed producing reserves are estimated at 2.97 million barrels of oil and 2.68 billion cubic feet of gas. For more information e-mail Richard Martin at rmartin@wellspringpartners.com.