Approximately 30,000 net acres of oil and gas leases (80% fee) available for reasonable assignment terms in North Park Basin of Colorado (4 Niobrara benches, Frontier, Sussex, Shannon). Position is geologically equal or superior to Gondola's development 15 miles west (formerly leases of Sandridge, EOG) - where recent wells are reportedly over 2,000 BOPD IP in Niobrara. Analogue to Tier 1 performing trends in DJ and Powder River. Can option or deliver to buyer substantial additional acreage, but the 30,000 acres offered for initial assignment is the core oil window to support high IRR results. Well included for derisking Powder lookalike concept in Sussex and Shannon; exciting gas-handling option while infrastructure buildout is activity-supported. Permits are being issued, no problem with local and state support in the rural North Park Basin.