MI Energy

 Why Purchase Production  Immediate Cash Flow  Very Liquid  Criteria for Production Properties  Have Produced for at Least Two Years  Yield at Least % Annually  Managed by a Creditable Operator (Chesapeake, Devon, etc.) MI Energy

 Three Opportunities: ▪ Eastern Oklahoma Gas Project $3,000,000 ▪ Current Cash $2.55/mcf $547,000 p.a. ▪ Current Yield 18% ▪ Eastern Oklahoma Oil Project $1,500,000 ▪ Current Cash $85/BBL, $315,000 p.a. ▪ Current Yield 21% ▪ East Texas Oil Project $1,000,000 ▪ Current Cash $85/BBL $385,000 p.a. ▪ Current Yield 38.5% MI Energy

 Total Acquisition Price$5,500,000  Projected Cash Flow Yr1 $1,247,000  Projected Yield 22.6% p.a. MI Energy

 Why Purchase Rework Properties  Current Cash Flow  Very Liquid  Upside Opportunity  Criteria for Rework Properties  Have Some Current Production  Cash Flow Can be Increased by at Least 3X  Have Historically Produced at a Rate of 10+ BBLS/Day  Potential Yield at Least 20% Annually  Opportunity to Sell at 2X or Greater MI Energy

 Project Specifics  Purchase Price $1,500,000  Investor Participation 33%  Current Production < 5 BBLS/Day  Previously Produced 50+ BBLS/Day  Projected Production 33+ BBLS/Day  Projected Cash Flow p.a. $1,023,825  Projected Investor Cash Flow $337,862  Projected Yield p.a. 22.5% Pro forma Base Price $85.00/Barrel of Oil MI Energy

 Financials:  Purchase Price $7,000,000 ▪ E.Texas Re-Worked $1,500,00 ▪ Production Acquisition $5,500,00  Projected Cash Flow (Yr 1) $1,584,862 ▪ E.Texas Re-Worked $ 337,862 ▪ Production Acquisition $1,247,000  Projected Yield p.a. 22.6% ▪ E.Texas Re-Worked 22.5% ▪ Production Acquisition 22.6% * Pro forma Base Price - $85.00/Barrel of Oil MI Energy