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LONG BEACH OIL FIELD

The Long Beach Oil Field ("Long Beach"), discovered in 1921, is located in the Los Angeles Basin within the city of Long Beach, California. OOIP is estimated at four billion barrels. To date, Long Beach has produced over one billion barrels of oil or 25% of the OOIP. Pacific Energy's productive acreage at Long Beach is contained within three oil and gas leases (Acme, Pierce-Lightburn and Legion Commercial) encompassing about 20 acres.

Location: Long Beach
District: Los Angeles County
Leases: Acme
Pierce - Lightburn
Legion Commercial
Working Interest: 100%
Acreage: 20
Number of Wells: 5
First Production: 1928

COMPLETIONS SUMMARY
Wells Current Net Production
Field API° Active Idle BBL/Day MCF/Day
Long Beach 25° - 27° 4 1 60 30

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