Riverside Resources

Riverside Resources is a Real Estate Investment Company with Row Crop Farmland, Minerals, Timber, Cattle, Trophy White Tail Deer, Wild Turkey and Water Fowl Hunting along with Other Assets in Northern Warren County, Kentucky. The Company’s plans from early-on are to develop a horizontal New Albany Shale (NAS) natural gas pilot test program on the property. Although the New Albany Shale in this region does provide reasonable volumes of gas and horizontal technology should dramatically increase both production and reserves, the current price for natural gas does not warrant immediate plans to drill a horizontal pilot program and/or build a gas transmission / processing system (cleaning, compressing and transporting the gas to a market across the Barren River), at this time. A vertical well has been drilled on the property and has proven-up what is believed to be commercial NAS production volume potential for this area. There is room to drill multiple horizontal NAS well locations along the Barren River. The Company is also in the process of purchasing certain oil field equipment and leasing this equipment for a current oil production operations in East Kentucky.