Current Projects - North Dakota

Properties
The following is a description of the properties that BEC has assembled or acquired. Reserve information contained in this description is based on estimates by BEC and its consultants.

White Lake Field is located in Montrail County, North Dakota. Baldwin Exploration is the operator of this prospect and we have drilled 2 exploratory wells on this prospect. We are currently producing from one well and preparing to complete the second. our lease hold contains 3,200 gross, 1,216 net acres. Located in the heart of the active Bakken play Baldwin Exploration has a 38% working interest in this field.

Clear Lake Field is located in Montrail County, North Dakota. Baldwin Exploration is the operator of this field and has a 100% working interest in this prospect. This prospect also located in the Bakken play has Madison potential as well.