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2. Forward Looking Statements/Additional Information and Cautionary Note Regarding Hydrocarbon Disclosure Except for the historical information contained in this review, the matters discussed in this presentation are forward-looking statements that are based upon current expectations. Important factors that could cause actual results to differ materially from those in the forward-looking statements include risks inherent in drilling activities, the timing, and extent of changes in commodity prices, unforeseen engineering and mechanical or technological difficulties in drilling wells, availability of drilling rigs and other services, land issues, federal and state regulatory developments and other risks more fully described in the Company’s filings with the U.S. Securities and Exchange Commission(SEC). The SEC requires oil and gas companies, in their filings with the SEC, to disclose proved reserves which are those quantities of oil and gas, which, by analysis of geoscience and engineering data, can be estimated with reasonable certainty to be economically producible—from a given date forward, from known reservoirs, and under existing economic conditions (using unweighted average 12-month first day of the month prices), operating methods, and government regulations, regardless of whether deterministic or probabilistic methods are used for the estimation. We currently do not disclose probable or possible reserves in our filings with the SEC. In this presentation, the term EUR, or estimated ultimate recovery, refers to the Company's internal estimates of hydrocarbon volumes that may be potentially discovered through drilling or recovered with additional recovery techniques, such as polymers. These estimates do not necessarily represent reserves as defined under SEC rules or the Society of Petroleum Engineer's Petroleum Resource Management System and by their nature and accordingly are more speculative and substantially less certain of recovery and no discount or other adjustment is included in the presentation of such estimates. EUR estimates and drilling locations have not been risked by Company management. Drilling results and quantities that may be ultimately recovered from the Company's interests could differ substantially. Factors affecting ultimate recovery include the success of our ongoing drilling plan, which will be directly affected by the availability of capital, drilling and production costs, commodity prices, availability of drilling services and equipment, drilling results, lease expirations, transportation constraints, regulatory approvals and other factors; and actual drilling results, including geological and mechanical factors affecting recovery rates. 2

3. Quarter Ended Sep 30, 2012 2011 Revenues 5,813 4,357 Production Cost and Taxes(1,808)(1,516) DD&A (986) (694) General and Administrative (887) (498) Net Income From Operations 2,132 1,649 Interest Expense (191) (162) Gain (Loss) on Derivatives (35) 420 Gain on Sale of Assets 16 20 Income Before Income Tax 1,922 1,927 Income Tax Expense (703) (741) Net Income 1,219 1,186 Net Income Per Share – Basic $ 0.02 $ 0.02 Net Income Per Share – Fully Diluted $ 0.02 $ 0.02 3

4. Nine Months Ended Sep 30, 2012 2011 Revenues16,00912,804 Production Cost and Taxes(5,575)(4,718) DD&A(2,643)(1,932) General and Administrative (2,246)(1,739) Net Income From Operations 5,545 4,415 Interest Expense (585) (471) Gain (Loss) on Derivatives (140) 114 Gain on Sale of Assets 83 30 Income Before Income Tax 4,903 4,088 Income Tax Expense(1,724)(1,571) Net Income 3,179 2,517 Net Income Per Share – Basic $ 0.05 $ 0.04 Net Income Per Share – Fully Diluted $ 0.05 $ 0.04 4

5. Quarter Ended Sep 30, 2012 2011 Oil Revenues – Kansas5,4954,155 Oil Revenues – Swan Creek 123 61 Gas Revenues – Swan Creek 32 29 Methane Plant Sales 145 90 Other 18 22 Total Revenue (net)5,8134,357 5

6. Nine Months Ended Sep 30, 2012 2011 Oil Revenues – Kansas15,09012,249 Oil Revenues – Swan Creek 248 246 Gas Revenues – Swan Creek 86 65 Methane Plant Sales 528 180 Other 57 64 Total Revenue (net)16,00912,804 6

7. At September 30, 2012 Oil & Gas Properties – Net Book Value 25.3 Proved Reserves (@ 12/31/2011) – Undiscounted Before Tax 134.7 Proved Reserves (@ 12/31/2011) – Discounted at 10% Before Tax 69.8 Pipeline – Net Book Value 6.7 Methane Facility – Net Book Value 4.5 Other PP&E – Net Book Value 0.4 2012 Capital Spending (includes accruals): Oil & Gas Properties – 7.2 (Drilling–5.7, Polymers–1.1 (0.3 in 2 nd qtr), Recompletions & Leasehold-0.4 (0.2 in 2 nd qtr)) Methane Facilities - 0.4 (Electric Generator) Section 1603 Payment (Methane Facilities) – 1.0 (2 nd qtr) 7

8. 8 222,000238,000230,000185,000 189,000 140,000246,000 241,000 (October 2012)

9. 20 wells drilled to date (15 Producers & 5 Dry) ◦Only 5 producers from SEC Proved PUD group  This means we drilled 10 producers not included in 2011’s SEC proved reserve total ◦Webster Area focus early  Drill, Produce, Polymer, Produce Even More Evaluating and performing polymers now, 12 polymers completed. (1 in 4 th quarter ) 2 polymers in 3 rd quarter 1 polymer thus far in 4 th quarter 9

10. 10 2012JanFebMarchAprilMayJuneJulyAugustSeptOctNovDecTotal Veverka A #4 8816093150104137317691251 4988 McElhaney A #4 11361060970883855820734745 7203 Albers #4 115775776785741663614 4469 Veverka C #6 2513712012411460 640 Harrison A #11 606260849390 539 Zerger A #1 31486359222991245904 8440 Hilgers B #9 50451115961600480 3251 Ridgway #5 19324178116105133 866 Schneller #6 357188171152134149 1151 Schoenthaler #5 373442350264200194 1823 Harrison A #12 301364124120 1029 KU 'A' #3 516865144110 438 Some 2012 Kansas Drilling Results

11. Looking ahead…. Good Inventory of wells to drill in the future… Challenging Industry to keep people ◦We had our own losses in staff Oil Price forecast?? ◦Weak economy? ◦Demand? Hedge ($65) ends at year end 11

12. 2012 ◦Run both gas and electric since Jan. 25 th ◦Total gas produced 33,800 MMBtu though September ◦Total electric over 3.3 million Kwh through September ◦Approximately $639K in gross revenue through September 12

13. 13 Kansas Drilling Rig 2012