Wave Exploration Group LLC

Wave Exploration Group LLC has retained Burks Oil & Gas Properties to sell certain nonoperated assets including drilling prospects in Louisiana. The package includes working interests from 2.1% to 11% (1.1% to 9.1% net revenue interest) in seven producing wells and seven behind-pipe zones. Nine infill-drilling locations have been identified. Net production is approximately 141,000 cubic feet and eight barrels of oil per day. Net proved reserves are estimated to be 692 million cubic feet and 57,300 barrels of oil. Cash flow is approximately $24,000 per month. Contact Richard Klauzinski, 281-580-4590.