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VEX II Woodford Apollo Project

  • In December 2012, acquired over 350 producing wells and 55,000 highly contiguous, mostly HBP, net Woodford and Springer acres in the core of the SCOOP Plays in south central Oklahoma.
  • Formed new subsidiary, Vitruvian II Woodford, LLC, to manage the Apollo Project.
  • In June 2013, began Woodford horizontal drilling, completion, and production operations.
  • By the end of 2015, VEX II had:
    • Grown our SCOOP acreage position to more than 65,000 net Woodford and Springer acres (93% HBP)
    • Drilled 30 horizontal Woodford wells with lateral lengths up to 9,613'
    • Participated in 180 OBO Woodford and Springer horizontal wells
    • Grown production to more than 25,000 Boepd while operating 4 drilling rigs
  • Apollo Project