The exploration staff of Oracle Resources has evaluated and mapped large-scale exploration and development projects in the Woodbine in East Texas, the Hosston and Cotton Valley in East Texas and North Louisiana, the Frio, Yegua, and Wilcox in the Upper Texas Gulf Coast, the Hunton and Morrow in the Anadarko Basin and the Woodford Shale in southern Oklahoma.

Oracle Resources Oklahoma, formerly a subsidiary of Oracle Resources, LTD initiated the Woodford Shale gas play in the Ardmore Basin of Oklahoma, accumulating nearly 40,000 net acres and drilling eight proof-of-concept wells which were sold, together with our pipeline company, Jet Transport LLC to Chesapeake Energy Corporation in July of 2007.

Oracle Resources caused the acquisition of the initial 200 square mile 3-D seismic south of the Cretaceous shelf edge in southern Polk County, Texas for exploration targets including Lower Cretaceous carbonates, the Deep Woodbine, the Austin Chalk, and the tertiary sands of the Wilcox, Yegua, Cockfield, and Miocene. Oracle Resources has participated in several wells in the play. .