Encore Energy, Inc. 是多个水平井项目的租赁所有者、油井运营商和开发商，这些项目的目标是劳伦斯县富有成效的 Berea 砂岩，劳伦斯县是肯塔基州第一大产油县。劳伦斯县已获准、钻探和/或生产了 100 多口水平井。Berea 水平油田是肯塔基州最活跃、产量最高的油气田，由最先进的水平井技术推动，包括但不限于堵塞和射孔多级压裂完井和 MWD 钻井，有可能为东肯塔基州提供数百个高技能、高薪的工作岗位，并为该州带来急需的税收。这个较小的致密油田以及阿巴拉契亚山脉深处的其他潜在油田代表着一个价值近 10 亿美元的秘密产业，未来有可能成倍增长。

当今的石油和天然气行业比以往任何时候都更清洁、更环保，这主要是因为水平井技术和多级压裂技术的改进，以及石油和天然气行业的监管合规性和商业惯例。

到 2026 年，Encore 将在劳伦斯县的五 (5) 个地区进行钻探和生产。Encore

Energy, Inc. 此前已将三 (3) 个水平 Berea 井项目投入早期生产，并完成了近七 (7) 英里的天然气输送系统，该系统目前也已投入生产。Encore 最近在劳伦斯县北部油田和东部油田钻探了一口新的石油发现井，同时准备在劳伦斯县东部油田钻探三 (3) 个额外的水平井。该公司目前正在劳伦斯县通过集输系统（即管道）从多个油井运输石油并销售天然气。主要产品是原油，占每个项目的约 90%。Encore

总裁兼首席执行官 Steve Stengell 表示：“我们计划在两个 (2) 个地区开始钻探和水力压裂，我们的主要目标是劳伦斯县东部油田。”Stengell 补充道：“预计油价在短期和长期内都将保持强劲，而水平井技术的进步将提高每口钻井的生产力。”

“我们对北部油田水平钻井的结果也非常满意，并且很高兴在东部油田继续进行石油生产作业，该油田的产量创下了历史新高，”Steve Stengell 说道。“作为获得许可和为水平井作业做准备的一项诚意措施，Encore 目前正在封堵和放弃多个孤井，美国或州纳税人无需承担任何费用”，Stengell 进一步解释道。“Encore 很快将在劳伦斯县的五 (5) 个地区进行钻井和生产”，Stengell 补充道。

石油和天然气投资涉及高风险和不确定性，仅适合符合 SEC 定义的合格投资者，这些投资者能够承受其投资损失，并了解石油和天然气钻探和生产的波动性以及公司运营的具有挑战性的地形。对于产量、储量、盈利能力、收入、时间表、商品价格和其他超出管理层控制范围的估计，我们无法做出任何保证。在肯塔基州东部的山区地形中，水平钻井、多级压裂处理、完井和生产作业需要大量资金，十分复杂，而且极具挑战性。

Encore Energy, Inc. is the lease owner, well operator, and developer of multiple horizontal well projects targeting the productive Berea Sandstone of Lawrence County, which is the #1 oil producing county in Kentucky. There have been over 100 horizontal wells permitted, drilled and/or produced in Lawrence County. The horizontal Berea play is the most active and prolific oil and gas field operations in Kentucky that is being driven by the most advanced horizontal well technologies including but not limited to plug and perf multi-stage Frack completions and MWD drilling with the potential to sustain hundreds of highly skilled, highly paid jobs to East Kentucky along with much needed tax revenue for the state. This smaller tight oil play along with other prospective plays in deep Appalachia represent a near billion-dollar secret industry that has the potential to possibly grow exponentially in the future.

Today's oil and gas industry is cleaner and more environmentally friendly than ever before primarily because of the improvements in horizontal well technology and multi-stage Fracking along with the regulatory compliance and business practices of the oil and gas industry.

Encore will be drilling and producing in five (5) areas of Lawrence County by 2026.

Encore Energy, Inc. has previously turned three (3) horizontal Berea well projects into early production and completed a nearly seven (7) mile gas transmission system that is now also in production. Encore has recently drilled a new oil discovery well in the northern field of Lawrence County and the East Field while preparing to drill three (3) additional horizontal wells in the eastern field of Lawrence County. The Company is currently shipping oil from multiple wells and selling gas via a gathering system (i.e. pipeline) in Lawrence County. The primary product is crude oil that represents ~90% of each project.

"We are scheduled to begin drilling and Fracking in two (2) areas with our primary target as the East Field of Lawrence County", said Steve Stengell, Encore's President and CEO. "Oil prices are anticipated to be strong in the short and long-term while advancements in horizontal well technology increase the productivity of each well drilled", added Stengell.

"We are also very pleased with our results from horizontal drilling in the northern field and are excited about moving forward with oil production operations in the East Field that reports some of the highest production volumes on record," said Steve Stengell. "As a good faith measure to obtain permits and prepare for horizontal well operations, Encore is currently plugging and abandoning multiple orphan wells at no cost to US or state taxpayers", Stengell further explains. "Soon Encore will be drilling and producing in five (5) areas of Lawrence County", added Stengell.

Oil and gas investments involve a high degree of risk, uncertainty, and are only suitable for qualified SEC defined accredited investors who can afford the loss of his or her investment and understand the volatility of oil and gas drilling and production along with the challenging terrain in which the Company operators. No assurances can be made as it relates to production, reserves, profitability, income, timelines, commodity prices, and other estimates that are beyond the control of management. Horizontal drilling, multi-stage Frac treatments, well completion, and production operations are capital intensive, complex and extremely challenging in the mountainous terrain of East Kentucky.