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COMPANY OVERVIEW

Pacific Energy Resources (PER) is an independent oil and gas production and development company with operations in California. The Company has developed a business plan focused on the acquisition and enhancement of mature oil and gas fields that would realize increased production utilizing current engineering and production technology. PER has focused this business strategy in California due to the long life nature of the oil reserves. PER is a company specializing in the acquisition and re-development of producing oil and gas properties.