Bullock Inc. specializes in originating, leasing, and offering to industry partners shallow (4000'), vertical, structural and stratigraphically based, oil prospect packages located in Northwestern Kansas and Southwestern Nebraska. Prospects have low capital requirements with very attractive economics. Typical 82.0% NRI leases are $50-100 per acre, 3D seismic costs are $32K per square mile, exploratory drilling costs are $190K and completion costs are $230K. Wells need to produce aprroximately 7500 bbls at $70 per bbl to reach payout. The three prospects presented include a Lansing/Arbuckle prospect in Norton County, Kansas, a Lansing 3D offset to a producing lease in Decatur County, Kansas and a Lansing Stepout in Rawlins County, Kansas from a 25-well field with average production per well of 54,000 bbls.