Exchange/Symbol: WSPD Number of Shares Outstanding: 12,524,286 as of Dec 5, 2015 Number of Preferred Shares Outstanding: 2,008 Series A 6% Convertible Preferred Shares (convertible at 0.70 per 1,000 share into 2,868,572 shares of…
Dala Petroleum in an early stage growth exploration and production company with a focus on identifying and acquiring conventional oil within the Mid-continent and Permian Basin. With the adaptation of horizontal drilling and the industrys…
E. Will Gray II (CEO and Director) -Mr. Gray was the CEO and Chairman of Cross Border Resources, Inc. from December 10, 2008 to May 31, 2012. Mr. Gray served in the capacity as EVP & Head of Capital Markets and Business Development for…
Dala utilizes the latest technology including: Detailed subsurface mapping Gravity & magnetics 3-D seismic Our technical team has been credited with numerous international oil finds utilizing such technology. 6
Dala has a technical Services Agreement with Chisholm Partners II, LLC Chisholm has offices in Golden, Colorado and Abilene, Kansas Through the Services Agreement, Dala will utilize Chisholms proprietary G&G Data associated with our…
Currently participating in multiple non-operated shallow oil prospects on approximately 5,000 t Rift ontinen acres located within the Central Kansas Uplift. Ridge a h C Nema (W.I. = 12.5% - 25%) Mid Actively…
The Play or exploration concept is located across a four county area and is geographically defined by the boundaries of the productive North American Rift System. The 80,000 acre Property is concentrated over a lightly-explored portion of…
Recent discoveries to the Southwest are on trend with Dalas acreage Technical work to date has identified multiple leads Planning focused 2D and 3D seismic evaluations 10
Aggregate and enhance proven reserves Too small for traditional Permian Basin operators All negotiated and locally sourced transactions All acreage held by production (HBP without drilling commitments) Gain access to lower risk,…
Growth levered exclusively to crude oil Experienced, successful management team 80,000 acres owned 100% No debt Conventional focus 12
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