CREST RESOURCES, INC.

Crest formed a four-prospect joint venture with British Petroleum (“BP”) on assets in the Texas Panhandle that BP acquired through the Amoco merger.

In 2010, Crest formed a venture with mezzanine funding from Guggenheim Partners, LLC. to pursue several Crest properties chiefly in the Texas Panhandle and Southern Oklahoma.

Crest commenced drilling the Mills Ranch Granite Wash play in 1996. Production peaked at 10.5 MMcfed in December 2001.