Marksmen has entered into a Joint Operating Agreement with David R. Hill Inc. to drill a well in southeast Ohio. Under the terms of the agreement Marksmen will have a 25% working interest in the Webb #1 well, targeting the Trenton Black River formation. It is expected that drilling operations will commence within the next two weeks. The Trenton Black River formation is the most prolific conventional oil reservoir in the Appalachian and Michigan basins. This Webb #1 target location has been delineated by modern 3D seismic. The seismic data indicates a pronounced hydrothermal alteration of limestone to dolomite that results in high porosity and permeability. Based on the 3D seismic available to Marksmen, there is an expectation of a multi-well development program. Mr. Joseph Smith, a professional geologist, Master of Science from Ohio University, has been instrumental in developing this drilling opportunity.