<SEC-DOCUMENT>0000101594-13-000010.txt : 20130318
<SEC-HEADER>0000101594-13-000010.hdr.sgml : 20130318
<ACCEPTANCE-DATETIME>20130318111520
ACCESSION NUMBER:		0000101594-13-000010
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20130315
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130318
DATE AS OF CHANGE:		20130318

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			US ENERGY CORP
		CENTRAL INDEX KEY:			0000101594
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				830205516
		STATE OF INCORPORATION:			WY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-06814
		FILM NUMBER:		13696505

	BUSINESS ADDRESS:	
		STREET 1:		877 NORTH 8TH WEST
		STREET 2:		GLEN L LARSEN BLDG
		CITY:			RIVERTON
		STATE:			WY
		ZIP:			82501
		BUSINESS PHONE:		3078569271

	MAIL ADDRESS:	
		STREET 1:		877 NORTH 8TH WEST
		CITY:			RIVERTON
		STATE:			WY
		ZIP:			82501

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WESTERN STATES MINING INC
		DATE OF NAME CHANGE:	19851229
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8_k.htm
<DESCRIPTION>FORM 8-K USE 3-18-13
<TEXT>
<html>
<head>
    <title>form8_k.htm</title>
    <!--Licensed to: U.S. Energy Corp.-->
    <!--Document Created using EDGARizer 2020 5.4.4.0-->
    <!--Copyright 1995 - 2013 Thomson Reuters. All rights reserved.-->
</head>
<body bgcolor="#ffffff" style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font>

<div>
<hr style="COLOR: black" align="left" noshade size="3" width="100%">
</div>

<div>&#160;</div>

<div><br>
&#160;</div>

<div>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">UNITED STATES</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Washington, D.C. 20549</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">FORM 8-K</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CURRENT REPORT</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant to Section 13 or 15(d) of the</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Securities Exchange Act of 1934</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Date of Report (date of earliest event reported):&#160;&#160;March 18, 2013 (March 15, 2013)</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="left">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt"><img src="logo.jpg" alt=""></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="left">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td valign="top" width="72%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">U.S. ENERGY CORP.</font></div>
</td>
</tr><tr>
<td valign="top" width="72%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 7.2pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Exact Name of Company as Specified in its Charter)</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td valign="top" width="28%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Wyoming</font></div>
</td>
<td valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">0-6814</font></div>
</td>
<td valign="top" width="23%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">83-0205516</font></div>
</td>
</tr><tr>
<td valign="top" width="28%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(State or other jurisdiction of</font></div>
</td>
<td valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Commission File No.)</font></div>
</td>
<td valign="top" width="23%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(I.R.S. Employer</font></div>
</td>
</tr><tr>
<td valign="top" width="28%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">incorporation or organization)</font></div>
</td>
<td align="left" valign="top" width="20%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="top" width="23%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Identification No.)</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="28%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="20%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="23%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
</tr><tr>
<td valign="top" width="28%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="20%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="23%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">877 North 8<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">th</font> West, Riverton, WY</font></div>
</td>
<td align="left" valign="top" width="20%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="23%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">82501</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="28%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Address of principal executive offices)</font></div>
</td>
<td align="left" valign="top" width="20%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="top" width="23%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Zip Code)</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="28%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="20%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="23%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
</tr><tr>
<td colspan="3" valign="top" width="72%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Registrant's telephone number, including area code: <font style="DISPLAY: inline; FONT-WEIGHT: bold">(307) 856-9271</font></font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td valign="top" width="72%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Not Applicable</font></div>
</td>
</tr><tr>
<td valign="top" width="72%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(Former Name, Former Address or Former Fiscal Year,</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">If Changed From Last Report)</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#9633;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#9633;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#9633;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#9633;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act</font></div>

<br>
<div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>
</div>

<br>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Section 2:&#160;&#160;Financial Information</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 27pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Item 2.02.&#160;&#160;Results of Operations and Financial Condition</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">U.S. Energy Corp. published a press release dated March 18, 2013 reporting 2012 highlights and selected financial results for the year ended December 31, 2012 and the period subsequent to year end, announcing the initial production rates from four wells in the Williston Basin of North Dakota, and providing an operational update.&#160;&#160;A copy of the press release is attached hereto as Exhibit 99 and is incorporated by reference herein.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The information in this Current Report on Form 8-K, including the information set forth in Exhibit 99, is being furnished and shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Section 9:&#160;&#160;Financial Statements and Exhibits</font></font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"><font id="TAB1" style="MARGIN-LEFT: 27pt"></font>Item 9.01.&#160;&#160;Financial Statements and Exhibits.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font id="TAB1" style="MARGIN-LEFT: 27pt"></font><font style="DISPLAY: inline; FONT-WEIGHT: bold">Exhibit 99.1.&#160;&#160;</font>Press Release dated March 18, 2013.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SIGNATURES</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td align="left" valign="top" width="32%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" colspan="2" valign="top" width="40%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">U.S. ENERGY CORP.</font></div>
</td>
</tr><tr>
<td valign="top" width="32%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="top" width="4%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="top" width="36%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
</tr><tr>
<td valign="top" width="32%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="32%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="36%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="32%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Dated:&#160;&#160;March 18, 2013</font></div>
</td>
<td align="left" valign="top" width="4%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">By:</font></div>
</td>
<td align="left" valign="top" width="36%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">/s/ Keith G. Larsen</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="32%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="4%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160; </font></td>
<td align="left" valign="top" width="36%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Keith G. Larsen, CEO</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<br>
<div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>
</div>

<br>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99_1.htm
<DESCRIPTION>PRESS RELEASE USE 3-18-13
<TEXT>
<html>
<head>
    <title>exhibit99_1.htm</title>
    <!--Licensed to: U.S. Energy Corp.-->
    <!--Document Created using EDGARizer 2020 5.4.4.0-->
    <!--Copyright 1995 - 2013 Thomson Reuters. All rights reserved.-->
</head>
<body bgcolor="#ffffff" style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">
<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font>

<div>
<hr style="COLOR: black" align="left" noshade size="3" width="100%">
</div>

<div>&#160;</div>

<div>&#160;</div>

<div>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><img src="letterhead.jpg" alt=""><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">For Immediate Release</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">U.S. ENERGY CORP. REPORTS 2012 HIGHLIGHTS AND SELECTED FINANCIAL RESULTS</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">ANNOUNCES THE INITIAL PRODUCTION RATES FROM TWO BAKKEN AND TWO THREE FORKS FORMATION WELLS</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">PROVIDES AN OPERATIONAL UPDATE</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">RIVERTON, Wyoming &#8211; March 18, 2013</font> &#8211; U.S. Energy Corp. (NASDAQ Capital Market: &#8220;USEG&#8221;) (&#8220;USE&#8221; or the &#8220;Company&#8221;), today reported 2012 highlights and selected financial results for the year ended December 31, 2012 and the period subsequent to year end, announced the initial production rates from four wells in the Williston Basin of North Dakota, and provided an operational update.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Selected Highlights for 2012 and Period Subsequent to December 31, 2012</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Financial and Operational Results</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Produced 444,702 BOE, or 1,215 BOE/D during the year from 83 gross (15.05 net) producing wells at December 31, 2012.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Recognized a company record $32.5 million in oil and gas revenue during 2012, compared to revenues of $31.0 million during 2011.&#160;&#160;The $1.5 million increase in revenue is primarily due to higher oil sales volumes in 2012 when compared to 2011.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">At December 31, 2012, we had $2.8 million in cash and cash equivalents.&#160;&#160;Our working capital (current assets minus current liabilities) was $12.8 million.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">During the year ended December 31, 2012, we received an average of $2.7 million per month from our producing wells with an average operating cost of $462,000 per month (excluding workover costs) and production taxes of $291,000, for average cash flows of $2.0 million per month from oil and gas production before non-cash depletion expense.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Excluding the $5.2 million non-cash impairment taken on our oil and gas properties during the period, oil and gas operations produced operating income of $6.9 million during the year ended December 31, 2012 as compared to operating income of $5.4 million during the year ended December 31, 2011.&#160;&#160;The increase is primarily due to (a) a $4.4 million increase in oil revenues during 2012 compared to 2011 and (b) $1.1 million lower lease operating expenses in the year ending December 31, 2012 as compared to the prior year.&#160;&#160;This increase was partially offset by $896,000 higher depletion expense in 2012 and a $2.8 million decrease in natural gas and natural gas liquids revenues primarily due to production declines from our wells in the Gulf Coast.</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div id="HDR_DIV" style="WIDTH: 100%" align="left">
<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Press Release</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">March 18, 2013</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Page 2 of 7</font></div>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">At year-end 2012, the Company had estimated proved reserves of 2,913,324 BOE (90% oil and 10% natural gas), with a standardized measure value of $70.1 million and a PV10 of $76.5 million.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On April 10, 2012, the borrowing base under the Wells Fargo Senior Credit Facility was redetermined and was increased from $28 million to $30 million and the commitment amount increased from $75 million to $100 million.&#160;&#160;At December 31, 2012 we had $10 million outstanding under the facility to fund our drilling programs.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">During the year ended December 31, 2012, we recorded a net loss after taxes of $11.2 million as compared to a net loss after taxes of $4.8 million during the same period of 2011.&#160;&#160;Earnings before interest, income taxes, depreciation, depletion and amortization, accretion of discount on asset retirement obligations, non-cash impairments, unrealized derivative gains and losses and non-cash stock compensation expense&#160;&#160;("EBITDAX"), which is a non-GAAP performance measure was $13.2 million for the year ended December 31, 2012, an increase of 33.2% from $9.9 million for the same period of 2011.&#160;&#160;Please refer to the respective reconciliations in this release for additional information about this measure.</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Mount Emmons Molybdenum Project</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On October 10, 2012, the Company submitted a Mine Plan of Operations (&#8220;MPO&#8221;) to the U.S. Forest Service.&#160;&#160;At this time, we are continuing work with the U.S. Forest Service in their completeness review of the MPO.&#160;&#160;Upon receiving a completeness determination, we expect to enter the National Environmental Protection Act (&#8220;NEPA&#8221;) review and permitting process.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Acquisitions and Divestitures</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On January 25, 2012 (but effective December 1, 2011), the Company sold an undivided 75% of its undeveloped acreage in the SE HR Prospect and the Yellowstone Prospect to GeoResources, Inc. (56.25%) and Yuma Exploration and Production Company, Inc. (18.75%) for $16.7 million.&#160;&#160;Under the terms<font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>of the agreement, the Company retained the remaining 25% of its interest in the undeveloped acreage and its original working interest in 8 high interest wells in the SE HR and Yellowstone prospects and two wells drilled with Murex Petroleum Corporation.&#160;&#160;Our average working interest in the remaining locations is approximately 8.75% and net revenue interests in new wells after the sale is in the range of 6.7375% to 7.0%, proportionately reduced depending on Zavanna&#8217;s actual working interest percentages.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On June 8, 2012, we sold an undivided 87.5% of our Daniels County, Montana acreage to Greehey &amp; Company Ltd for $3.7 million.&#160;&#160;Under the terms of the agreement, we retained a 12.5% working interest in the acreage and reserved overriding royalty interests in leases we owned that had in excess of 81% NRI.&#160;&#160;Greehey also committed to drill a vertical test well to depths sufficient to core the Bakken and Three Forks formations on or before December 31, 2015.&#160;&#160;We delivered an 80% NRI to the purchaser and a 1% ORRI to a land broker.&#160;&#160;We also paid the broker a 10% commission for the cash consideration paid by the purchaser.</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div id="HDR_DIV" style="WIDTH: 100%" align="left">
<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Press Release</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">March 18, 2013</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Page&#160;3 of 7</font></div>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
&#160;</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On September 21, 2012, but effective July 2, 2012, the Company acquired working interests in producing Bakken and Three Forks formation wells and related acreage in McKenzie, Williams and Mountrail Counties, North Dakota.&#160;&#160;Under the agreement, the Company acquired working interests in 23 drilling units with an estimated 294,000 BOE in proved reserves for $2.3 million after adjusting for related revenue and operating expenses from the effective date through September 1, 2012.&#160;&#160;The Company&#8217;s working interest in the drilling units averages 1.45% and ranges from less than 1% to approximately 5%.&#160;&#160;All acreage (~400 net acres) is currently held by production and produces approximately 45 BOE/D net to the Company.&#160;&#160;On a going forward basis, there is a potential for the Company to participate in an estimated additional 135 gross wells from the Bakken and Three Forks formations combined.</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Subsequent Events</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In January 2013, the Company sold its aircraft hangar and related facilities for $767,000.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On March 5, 2013, the Company sold its corporate aircraft for $1.9 million.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 36pt">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td>
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On March 5, 2013 the Company entered into a Purchase and Sale Agreement to sell its Remington Village Apartment Complex located in Gillette, Wyoming for $15.0 million.&#160;&#160;The agreement is subject to due diligence, with the transaction anticipated to close on May 6, 2013.</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Operations Update</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Williston Basin, North Dako<font style="DISPLAY: inline; FONT-WEIGHT: bold">t</font>a</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Initial Production Rates &#8211; Producing Wells</font></div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="MARGIN-LEFT: 0pt">
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 48px">
<div><font style="DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td width="1597">
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Bunning 25-36 #1H well was completed in January of 2013.&#160;&#160;On January 13, 2013 the well had an early 24-hour flow back rate of 1,988 BOE/D on a 32/64&#8217; restricted choke during the drill out of the plugs.&#160;&#160;The initial production rate consisted of approximately 1,750 barrels of oil and 1,430 MCF of natural gas.&#160;&#160;The well is a Bakken formation target and the Company has an approximate 7.7% WI and 5.9% NRI in this well.</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 48px">
<div><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td width="1597">
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The KA Sutton 5300 24-15T well was completed in February of 2013.&#160;&#160;On February 2, 2013 the well had an early 24-hour flow back rate of 1,800 BOE/D on a 32/64&#8217; restricted choke during the drill out of the plugs.&#160;&#160;The initial production rate consisted of approximately 1,573 barrels of oil and 1,361 MCF of natural gas.&#160;&#160;The well is a Three Forks formation target and the Company has an approximate 7.7% WI and 5.9% NRI in this well</font></div>
</td>
</tr></table>
</div>

<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 47px">
<div><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td width="1598">
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Browning 28-33 #1H well was completed in February of 2013.&#160;&#160;On February 10, 2013 the well had an early 24-hour flow back rate of 1,550 BOE/D on a 42/64&#8217; restricted choke during the drill out of the plugs.&#160;&#160;The initial production rate consisted of approximately 1,382 barrels of oil and 1,010 MCF of natural gas.&#160;&#160;The well is a Bakken formation target and the Company has an approximate 4.7% WI and 3.7% NRI in this well.</font></div>
</td>
</tr></table>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div>
<table cellpadding="0" cellspacing="0" id="list" width="100%" style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr valign="top">
<td align="right" style="WIDTH: 47px">
<div><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-SIZE: 10pt" face="Symbol, serif">&#183;&#160;&#160;</font></div>
</td>
<td width="1598">
<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Martinez 36-25 #1 TFH well was completed in February of 2013.&#160;&#160;On February 19, 2013 the well had an early 24-hour flow back rate of 1,207 BOE/D on a 38/64&#8217; restricted choke during the drill out of the plugs.&#160;&#160;The initial production rate consisted of approximately 1,056 barrels of oil and 909 MCF of natural gas.&#160;&#160;This well is the first Three Forks formation target drilled by Zavanna.&#160;&#160;The Company has an approximate 8.5% WI and 6.6% NRI in this well.</font></div>
</td>
</tr></table>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div id="HDR_DIV" style="WIDTH: 100%" align="left">
<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Press Release</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">March 18, 2013</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Page&#160;4 of 7</font></div>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Williston Basin Wells in Progress:</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">
<div align="center">
<table cellpadding="0" cellspacing="0" width="80%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td align="left" valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Well Name</font></div>
</td>
<td align="left" valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Operator</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Formation</font></div>
</td>
<td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Working Interest</font></div>
</td>
<td valign="top" width="12%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net Revenue Interest</font></div>
</td>
<td align="left" valign="top" width="20%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Status</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mongoose 1-8-5H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Emerald Oil Inc.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0.29%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0.23%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rogers 1-12 #1TFH</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Zavanna LLC</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Three Forks</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9.36%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7.30%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">State 36-1 #4TFH</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Brigham Oil &amp; Gas, L.P.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Three Forks</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3.64%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.88%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Dobias 152-103-32-29-1H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Liberty Resources LLC</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.91%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.49%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Van Hook 19-2523H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">EOG Resources Inc.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0.36%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0.27%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Hovde 33-4 2TFH</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Brigham Oil &amp; Gas, L.P.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Three Forks</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.47%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.95%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Van Hook 126-2523H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">EOG Resources Inc.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0.36%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">0.27%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Pirate 1-2-1 1H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Emerald Oil Inc.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3.67%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.75%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilled - completion pending</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Dobias 152-103-32-29-11 TFH</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Liberty Resources LLC</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Three Forks</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.91%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.49%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilling</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Caper 1-15-22H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Emerald Oil Inc.</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5.11%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3.99%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Drilling</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Young 31-30 #1H</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Zavanna LLC</font></div>
</td>
<td align="left" valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Bakken</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.69%</font></div>
</td>
<td valign="top" width="12%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2.10%</font></div>
</td>
<td align="left" valign="top" width="20%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Spud - April 2013</font></div>
</td>
</tr></table>
</div>

<br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">South Texas</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Buda Formation Test Well</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Company and Crimson Exploration (operator) have continued to monitor the Buda formation drilling that is occurring immediately to the east and south of our Booth/Tortuga Prospect.&#160;&#160;Texas Railroad Commission data suggest that favorable drilling results have occurred in wells immediately adjacent to our holdings.&#160;&#160;These wells are being drilled at a depth of approximately 7, 000&#8217; with a 3,000&#8217; to 4,000&#8217; lateral and being completed without fracture stimulation.&#160;&#160;The economics of the nearby Buda wells appear to be very attractive.&#160;&#160;Therefore, Crimson has proposed to drill our first Buda test well in April 2013.&#160;&#160;The Company plans to participate in the Beeler #2H well and looks forward to announcing the results post completion.&#160;&#160;The Company has an approximate 30% WI and 24.17% NRI in this well.</font></div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">East Texas</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Fender #1 Wilcox test well operated by Mueller Exploration, Inc. is also scheduled to spud in April, 2013.&#160;&#160;The well will be drilled to a depth of 1,600&#8217; and is targeting the oil bearing zone of the Wilcox sand.&#160;&#160;The Company has an approximate 19.88% WI and 15.40% NRI in this well.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CEO Statement</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#8220;Over the course of the last year we have maintained the company&#8217;s stabilized production of over 1,200 net barrels of oil equivalent per day.&#160;&#160;During this time we sold undeveloped acreage in order to maintain a conservative debt ratio and strong balance sheet.&#160;&#160;At the same time, we have sought out and purchased accretive production and reserves at a lower replacement cost than the reserves we sold.&#160;&#160;This strategy will allow us to continue to fund our active programs for the balance of 2013 as well as look for additional growth opportunities on a selective basis,&#8221; said Keith Larsen, CEO of U.S. Energy Corp.&#160;&#160;&#8220;Additionally, with the filing of the Mine Plan of Operations with the U.S. Forest Service we are continuing to work through the process with the ultimate goal of a completeness determination and acceptance of the MPO document in anticipation of achieving a major milestone in entering the NEPA process at our Mount Emmons Project,&#8221; he added.&#160;&#160;&#8220;We also eagerly look forward to drilling our first Buda formation well in the near term,&#8221; he concluded.</font></div>

<br>
<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div id="HDR_DIV" style="WIDTH: 100%" align="left">
<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Press Release</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">March 18, 2013</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Page&#160;5 of 7</font></div>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Financial Highlights</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The following table sets forth selected financial information for the years ended December 31, 2012 and 2011.&#160;&#160;This information is derived from the audited financial statements filed with the Annual Report on Form 10-K for the year ended December 31, 2012, and should be read in conjunction with the Annual Report and the financial statements contained therein, including the notes to the financial statements.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td colspan="8" valign="bottom" width="48%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">U.S. ENERGY CORP.</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></td>
</tr><tr>
<td colspan="8" valign="bottom" width="48%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CORPORATE PRESENTATIONS</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></td>
</tr><tr>
<td colspan="8" valign="bottom" width="48%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(Unaudited)</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></td>
</tr><tr>
<td colspan="8" valign="bottom" width="48%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">(Amounts in thousands, except per share amounts)</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="25%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="25%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="25%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr>
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Balance Sheet:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash and cash equivalents</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,825</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12,874</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Current assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">26,015</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">41,604</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Current liabilities</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,253</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">20,937</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Working capital</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12,762</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">20,667</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total assets</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">140,827</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">162,439</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Long-term obligations</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,457</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,532</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shareholders' equity</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">116,117</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">126,781</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 4px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Shares Outstanding</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,652,602</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,409,908</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="25%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="6" valign="bottom" width="22%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">For the years ended December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2011</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Income Statement:</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Operating revenues</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">32,534</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">30,958</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Loss from continuing operations</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(10,344</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,216</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other income &amp; expenses</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">849</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(717</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Benefit from income taxes</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">44</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,755</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Discontinued operations, net of taxes</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,794</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(2,629</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net loss</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(11,245</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4,807</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net loss per share</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 4px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Basic and diluted</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(0.41</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(0.18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 4px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Diluted</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(0.41</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(0.18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Weighted average shares outstanding</font></div>
</td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 4px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Basic and diluted</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,466,549</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,238,869</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 4px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Diluted</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,466,549</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,238,869</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr></table>
</div>
</div>

<div>
<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><br>
&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
<div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div id="HDR_DIV" style="WIDTH: 100%" align="left">
<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Press Release</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">March 18, 2013</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Page&#160;6 of 7</font></div>
</div>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><br>
<br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Non-GAAP Financial Measures</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">EBITDAX</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In addition to reporting net income (loss) as defined under GAAP, in this release we also present net earnings before interest, income taxes, depreciation, depletion, and amortization, accretion of discount on asset retirement obligations, non-cash impairments, unrealized derivative gains and losses and non-cash stock compensation expense ("EBITDAX"), which is a non-GAAP performance measure.&#160;&#160;EBITDAX excludes certain items that the Company believes affect the comparability of operating results and can exclude items that are generally one-time or whose timing and/or amount cannot be reasonably estimated.&#160;&#160;EBITDAX is a non-GAAP measure that is presented because the Company believes that it provides useful additional information to investors, as a performance measure.&#160;&#160;EBITDAX does not represent, and should not be considered an alternative to GAAP measurements, such as net income (loss) (its most directly comparable GAAP measure), or as a measure of liquidity, and our calculations thereof may not be comparable to similarly titled measures reported by other companies.&#160;&#160;We also believe that EBITDAX is useful to investors because similar measures are frequently used by securities analysts, investors, and other interested parties in their evaluation of companies in similar industries.&#160;&#160;Our management uses EBITDAX to manage our business, including preparation of our annual operating budget and financial projections.&#160;&#160;Our management does not view EBITDAX in isolation and also uses other measurements, such as net income (loss) and revenues, to measure operating performance.&#160;&#160;The following table provides a reconciliation of net income (loss) to EBITDAX for the periods presented:</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center">
<div align="center">
<table cellpadding="0" cellspacing="0" width="60%" style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
<tr>
<td valign="bottom" width="25%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="6" valign="bottom" width="22%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">For the years ended December 31,</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="25%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td colspan="2" valign="bottom" width="10%" style="BORDER-BOTTOM: black 2px solid">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2011</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net (loss) income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(11,245</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4,807</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Impairment of oil and natural gas properties</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,189</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">--</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Impairment of corporate aircraft and facilities</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,299</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">--</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Impairment of Remington Village, net of tax</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,891</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,063</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Accretion of asset retirement obligation</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">23</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Stock-based compensation expense</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">507</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,611</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Unrealized (gain) loss on commodity derivatives</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,070</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,126</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Income Taxes</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(44</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,755</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Interest Expense</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">203</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">326</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 2px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Depreciation, depletion and amortization</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,457</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">14,593</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 2px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="25%" style="PADDING-BOTTOM: 4px">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">EBITDAX (Non-GAAP) <font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">(1)</font></font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,221</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">$</font></td>
<td valign="bottom" width="9%" style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9,928</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left; PADDING-BOTTOM: 4px"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td valign="bottom" width="9%" style="TEXT-ALIGN: right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160;</font></td>
</tr></table>
</div>

<br>
<br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">PV10</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">PV10 is widely used in the oil and gas industry and is considered by institutional investors and professional analysts when comparing companies.&#160;&#160;However, PV10 data is not an alternative to the standardized measure of discounted future net cash flows, which is calculated under GAAP and includes the effects of income taxes.&#160;&#160;The difference between the Company&#8217;s PV10 of $76.5 million and its standardized measure value of $70.1 million as of December 31, 2012 is the effect of estimated income taxes.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">* * * * *</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>

<div id="PGBRK" style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div id="HDR_DIV" style="WIDTH: 100%" align="left">
<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Press Release</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">March 18, 2013</font></div>

<div><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">Page&#160;7 of 7</font></div>
</div>
</div>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">About U.S. Energy Corp.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">U.S. Energy Corp. is a natural resource exploration and development company with a primary focus on the exploration and development of its oil and gas assets.&#160;&#160;The Company also owns the Mount Emmons molybdenum deposit located in west central Colorado.&#160;&#160;The Company is headquartered in Riverton, Wyoming and trades on the NASDAQ Capital Market under the symbol "USEG".</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">To view the Company's Financial Statements and Management's Discussion and Analysis, please see the Company's year-end 2012 10-K which is available at www.sec.gov and www.usnrg.com.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Disclosure Regarding Forward-Looking Statement</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="FONT-STYLE: italic; DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This news release includes statements which may constitute "forward-looking" statements, usually containing the words &#8220;will,&#8221; &#8220;anticipates,&#8221; "believe," "estimate," "project," "expect," "target," "goal," or similar expressions.&#160;&#160;Forward looking statements in this release relate to, among other things, U.S. Energy&#8217;s expected future production and capital expenditures and projects, its drilling and fracing of wells with industry partners and potential additional drilling opportunities, its ownership interests in those wells, the oil and natural gas targets or goals for the wells, future capital expenditures (including the availability of funds to make such expenditures) and projects, future expenses, production, costs and sale transactions, and activities relating to the Mount Emmons project.&#160;&#160;There is no assurance that any of the wells referenced in this press release will be economic.&#160;&#160;Initial and current production results from a well are not necessarily indicative of its longer-term performance.&#160;&#160;Future transactions may not close on the terms we anticipate or at all. Results from exploration and development activities conducted on properties near properties in which the Company has an interest, may not be indicative of the results the Company will generate from its properties or the value of those properties.&#160;&#160;The forward-looking statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995.&#160;&#160;Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.&#160;&#160;Factors that would cause or contribute to such differences include, but are not limited to, dry holes and other unsuccessful development activities, higher than expected expenses or decline rates from production wells, future trends in commodity and/or mineral prices, the availability of capital, competitive factors, and other risks described in the Company's filings with the SEC (including, without limitation, the Form 10-K for the year ended December 31, 2012) all of which descriptions are incorporated herein by reference.&#160;&#160;By making these forward-looking statements, the Company undertakes no obligation to update these statements for revision or changes after the date of this release.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 36pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">* * * * *</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 36pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">For further information, please contact:</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Reggie Larsen</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Director of Investor Relations</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">U.S. Energy Corp.</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">1-800-776-9271</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt">Reggie@usnrg.com</font></font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
</div>

<br>
<div id="PGBRK" style="TEXT-INDENT: 0pt; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
<div id="FTR">
<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>

<div id="PN" style="PAGE-BREAK-AFTER: always; WIDTH: 100%">
<div style="TEXT-ALIGN: center; WIDTH: 100%"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>

<div style="TEXT-ALIGN: center; WIDTH: 100%">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 8pt">&#160; </font></div>
</div>
</div>

<br>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>logo.jpg
<TEXT>
begin 644 logo.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``34T`*@````@`!`$:``4`
M```!````/@$;``4````!````1@$H``,````!``(```$Q``(````0````3@``
M``````!@`````0```&`````!4&%I;G0N3D54('8U+C`P`/_;`$,``@$!`@$!
M`@("`@("`@(#!0,#`P,#!@0$`P4'!@<'!P8'!P@)"PD("`H(!P<*#0H*"PP,
M#`P'"0X/#0P."PP,#/_;`$,!`@("`P,#!@,#!@P(!P@,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#/_``!$(`$P!
M(`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_
MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C
M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-C<X.3I#1$5&1TA)2E-45597
M6%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ
MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X
M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($
M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B
M<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(24I35%565UA96F-D969G
M:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X
MN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X^?K_V@`,`P$`
M`A$#$0`_`/W\HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`$;.1BE
MHIDC%6'7!H$.+'GC%"DD')Q7SA^U#_P5'^%'[,.OCPY<:K>^,O'<QVVWA/PM
M;-JFK3/T`:./(BYZER,5Y7_:/[8W[9YWVL'A[]F/P3<_=:X":SXJGC/?;_J8
M&(^I![U+ET1WTLNJ2CSU&H1[R=ON6[^2/KWXD_&'PO\`!O09=4\6^)-$\-:?
M&"QN-3O([:/`]-Q&?H*^5/&G_!=;X,Q:O+I7P_M?''QBUB-M@@\':#->PEO^
MNY`C`]\UI_#?_@BM\'M)UR+Q!\03XE^-/BO=YCZGXWU*34%+^JVY(A49[;37
MU/X/^'^A?#O2([#P_HVE:)8PKM2"QM4MXT'H%0`4KMFG^PT_YJC_`/`5^K_(
M^)IOV]?VN?BRP_X0#]E,>'[27F*[\:^(8[1B.Q,4?(X[$UG:S_P\=\9)N@;X
M">#@W\$'FW;I]3)O!/X5]_QK@<@&E.<@8']*.3NRXYI"&M.A#YIR_-_H?FKJ
M6@?\%-?"!:YA\0?"7Q0L7S?91!:PF3V'[I#_`./"N(\3_P#!:W]J']C?4H%^
M/?[/=M%HY8(^IZ2\L$3>ZRDR0Y]F9:_5]@0>`N:H>)O#>G>,-#N=+U>PL]3T
MV^0PW%K=0K-#.I&"K*V001ZTO9VU3.B&<TI.V(PT&O[JY7^!X7^PQ_P4X^%G
M_!0'0)I?!6KRV^N6$8DOM!U%!#J%J#_%MR1(F?XT)'3.*^A8F+IGG!K\8/V[
MOV;?A;_P1Q^.VH_$W0=.\966K^)(Q?\`P[&E7)6QT6_A?-Y9W`)^>WD5D(5L
MC:67J`:_7SX-?$.W^+?PE\->*;0*MMXBTRWU&-5Z()8U?;^!./PHA)[2W,<T
MP5&FHXC"W]G/:_?JCI:***T/("BBB@`HHHH`****`#/Z49'J*^4_^"KO[>GC
M3_@F]\`-4^*NF^`M#\;^#?#T</\`:L4FN/8:A&\LPB!C3R71T&Y2<L#UXXKU
M7]D/XK>.?CE\&M(\6^-/#.@>%9/$5G;:EI]EINJOJ)2WFA60"5VCC`D&X#"Y
M'O0!ZOFC(Z9&:^8_VF_VHOC-\&/V@O!'A+PW\-/!OB71/B'J<NEZ9JUSXFDL
MWL9(K62Y=KF'[.WRE(I`OEELD*.,U](:9]J.G6[7J0QW7E*9EB8M&CX^8*QP
M2`<X)&<>E`%S-&:\$^/W[93>`_VB_!WP9\':9:>(OB?XUTZZUN*WO+DV]AH^
MEVS*DM[<NH9RID=8TC0%G8GH`36#XW_:"^-'P$^-OPVTKQ5X2\(^*O!'Q`UL
M:!=:WX?N+B"Z\.7+PR20R36\BL)(',93>K@JQ&1R*`/IG-%-488^M.H`,@<$
MC-&1C.1BO,/VM?B5XX^#WP>U7Q1X&\-^'_%-WH-K/J%[8ZIJDFG"2WAB:1A$
MZQ2`R';@!@![U\W_`/!/?_@HS\9/^"C7[*&C?%OPG\*O`NB:)K\US#:6FI^+
M9C<'R)6A9F\NU(7+HV!UQ@T`?;^1ZBC<`<9&:^5?V6_VR?BY\8_B_P#%WX=^
M./A%I?@'QA\.;&QOM(F77VOM+\1Q7@G\N1)UA4J@:#:WREE)(QD5X[\$_P#@
MN/=1?M^77P#^-WP[@^&%_?7\VC>'?%-MJ[7^A:]J,.PO:+*\49C=ED7:&YW$
M*0"RY`/T,S1D>HXKE/C!JWBS1/`UW<^"M*T36M?B(:*TU6^>RMI%'WLR(CD-
MCI\N/>O#?V9?VF_C9^TG^S(OCV+X;>!-"U/5!NT?2;CQ1-,KJDTD4OGRI;[4
M/R97:&SG!Q0!].[AZBC-?!'_``3M_P""H_Q>_P""D'@#Q?K_`(;^$?@KP];^
M"_$-QX9NHM3\6RN\UU`!YA3R[8_("0`3U]*]*^"7[9/Q>UO]M+4_@Y\2/A#I
M'A$-X6E\3:'XATSQ`VI6&K".=(&@YA0QNK."0V2`0<$&@#V3]IS]ISP_^RW\
M/I-?UVR\0:J6)2UT[1-,FU"^O9.R)'&IQ]6P!W-?*MMX&_:8_P""D>+GQ7J-
M_P#LV?".]Y30M+E$GB[68#T^T3CBT5AP53YAGO3="_X*C?%O4_\`@I?<?LPW
M'PG\&6GBRT\._P#"4/K7_"5S2:=]B/"_*+82>86XVX[9SBNK\2_\%3-4_9J_
M;$\$_"'XZ>`H/!H^*<SVO@_Q;HVJ?VEHNIW2%0;2;=''+;RDN@&Y2IW#GTEJ
M^YUX?%JBKP@N;N];>B>E_/4]L_9?_8>^%W['6@&Q^'_A/3]'GF&;K47'VC4;
M]N[S7#YD=CWYQ]*]<&-F#@UY[^TS^TYX'_8]^#FJ^/?B'KMKX>\-:.J^9/(#
M))/*QQ'!#&N6EF=OE5$!))^M>8>#OC-^T#\?_"\6O^%_AYX2^&^BZ@HFL8?'
M-[/)J\\3#*O+:VJE;<D8.QY"ZYP0#D55CGJU)U)<TW=^9])!A@<BE+`=2!FO
MDWX2?MG_`!=\-_MLZ1\$_C#\--!TT>*]&O-7\.^,O"^IRW6D:E]D\OSK>2*:
M-9()@)%."2".A-<5_P`%5/\`@IU\6?\`@F/X5D\<3_!?1_''PQ%_'92:U8>(
MWAGTD285);R`P'9&7)7<A8`XS@L*"#[GR/44;AW(KB?@)X_U'XK_``<T'Q+J
M`\.//KMHE]#)HE^U]I\T4@W1/%,R(75D*G.T=:^?OA=^V#\<_BK^U)XH\`V/
MPG\#2^&_`UQ;V^M>+8O%LLEFDTJ[VLX8_LP>2ZCB*M(N0J%T!;)H`^M^#Z&D
M<`CG&138P5R3GGVKRG]LC]M#P%^PS\(G\8^/M4EM+*6X33].L+2$W.HZW>R'
M$5I:0+\TLSG@*/J2`":`/A#_`(.8_!OB/XM^`_A/X5\+>&->\1ZE<ZM=3R-I
MVGRW*VJE$B4NR*0H+/GDC[IK]%/V<_AZWPC^`7@OPO)Q+X?T6TL)/]^.%5;_
M`,>!KR#PK\0OVF_BSX<@URQ\"_#;X:VMX@EM]'\3ZG<W^K*A`*BY^RIY4+X/
M**\A4Y!Y%'['/[8'Q`^+/QQ^(/PN^*WPUA\`^-/`=M::A#=Z=J+:AHWB2QN6
MD5+FTE9$<8:(JZ.-R$@&I4;2;.^MF,JF$IX2UE"[OWN?2>1ZCFC(]17RUXK_
M`."BMS\1_C_KOPH^!7A-/B9XJ\'NL7BK6KF]^P>&?"<K?=@N+H*[37.`28($
M9E`^8K5SQY\0?VH_A'X<FUX>`_A?\38+,>;<Z'X=U6ZTW59(P,D6SW2>3*^`
M<(Y3<2!D51P'TSD>HHW#U%>)?L5_MW>!/V^OA)=>*?A_>7+3Z5<R:9K&BZG`
MUIJ?A^_CR'M+N$_-&ZMWY!`R":^=['_@J1\6[C_@I>O[+UU\)_!5OXK/AP^*
MO[9'BN:33A8Y*K\OV;S/,+*1MQQUSB@#[UW#GD<49&,Y&!7QIXT_X*F:K^RY
M^UOX(^%7QW\!6_@ZT^*5PUEX1\7Z/JW]HZ-?WBE1]DG#I'+;RDNN"5*G<.>N
M'?\`!6S_`(*0^./^"87PKC^(EO\`#G0?''@IKVTTIR/$#6.HQW5PS(G[LPLA
MCW`#(;(SG'%`'V3N'J*,YZ<U\L?'/]K'XW_`+]GV/XFS?"/PYXST;3M,75]<
MT?P]XBD_MBSMO*\R5H%FA6*=HUR2H=2VTXSTKU[]D7]JOP9^VS^SUX;^)O@#
M4CJ?A?Q1;^?;.Z[)86!*O#*O5)$<%67L1Z4`?)G_``<Z,!_P1=^+@/&5L1_Y
M.15]9?L:G'[(GPMSG'_")Z7_`.DD5>6_\%A_V.M=_;V_X)U?$WX7^%YK:'Q+
MKU@DFE?:7\N&:XAE29(G;^$.4V[NQ8'I7$_L*_\`!0#2O`O[-?@KP5\6?"?C
MWX7?$#PAHMKH^K:;JGAR\GMY9K>)8C);7,$<D4T3[0RLK9PP!`-`'JO[5[;O
MVDOV<N!D>+[_`/#_`(DM]7O9<8/.*^;K?Q)>_M=?M'?#W7M%T#7=+\"?#6YO
M-6FU?6+)[!M9O)K26TB@M89`)61%FDD>1E5<JBC.3CH/V@/VO=4^"/[2_P`)
M/A]9_#+QKXLLOB==7-O=^(]+@#:=X8$2`A[INP;/MPIZGB@#YW_X*R?\$ROB
MI\>?C?X$_:"_9S\=VG@CXY?#:QETN&#4EW:;XAL'<N;67A@N69A\RE2&YVE5
M8>>?LL_\%T_'?@#]I/PQ\"_VQ/@[<_!WQYXIG6RT'Q)9MY_AW7;C(5`KDL(R
M[D`%7<`E0VW(KZ0\<?M.^-_V>/\`@H-K%AXTT'Q7/\$?%/AFQ.A>(-.T][^P
MT?5HY)1<PW*PJTL7FH8V5RI7*$$C(KS/_@I/\&[?_@K`_P`+?AWX-T74)])\
M,^-=/\6:UXTN["2TM-#M+1F9[>V:55>:YN,J@5`5499CP!0!][HV"<FG*P;D
M=*\-_:"_:^U+X&?M)_"3X?V7PS\:^+++XFW=Q:W/B+3(0^F^&1$@8-=-VW9X
MSC@'DGBO<8LX))SGOZT`<+^U-_R;)\1SSC_A%]3_`/226OR\_P"#<CXD?'?P
MS_P1U\!Q>"/A9X-\5:3;W>JMI]S>^+3I\]W_`*=,2'C\AQ&0^Y>IR`#WK]&_
MV\/BQ8?#']FCQ;#=Z?XAU6[\0Z/?:7I]IH^E3ZA<7-Q);2*B;(E)7)(&YL#W
MKX1_X-Z_CQ)^R)_P3/\`"_PQ^)O@/XI>$/%WA6^OS/;W?A*]DCGCFNI)XY(G
M1"&7:X!S@A@10!]M?\$X/&_B_P"*/[&G@GQ-\1+>6V\>ZG:S'6X[A`);69;F
M8&#.!E$^ZIZ$#/>OF[QS_P`$\O!__!2_X+?M(?#WQ5OL;Z/XG7]_X>UN`8N_
M#VHI;6_E743#D8.`R@@,I(ZX(]B^#W[>NL?&W]I3QC;67@7QOX>^$G@/PP+R
MXUO6?#EQ9RZ[J4D_W+.-AYDD<4,;DX7+-(..`3A_\$Y/C]IGBGXK?&/2WT'Q
MQHMSXD\<7VN:4^L>'+NP@U"R,$`$Z22(%VDJP`8AN.E`'F7_``2(_P""A7C'
M6/$WB/\`97_:'"Z9^T+\*K5HXKN5L1^.=*12(M0MV./,?9M+XZ@[NN\+])?\
M$R.?V$/`@'4P7G_I;<5Y%_P6,_X)C7W[:/@C1?B-\,=0;PG^T1\)&.J>"M=@
M81-=%<LVGSMWBEY`SPK-S\K,#U7_``3\^)%_\`O^"6WPQUGXEZ-KVD:];Z2/
M[:TVWTB>:\MKV6>5I(_L\:LX^<GM@#'.*=@/A+_@W6\>?&'PS\&?CW#X#^'O
MA;Q7I`^+&LN+C4/$ITV;SMR[DV>2_P`H`7#9YR?2OT5_X)T?$/XC?%?X9>+M
M6^+6B1^'_&MAXUU:P.EQRBZATJU1XQ!#;S[5\V$Q['#@#<7/T'P;_P`&^GQ>
MO_V1/AE\8/#OQ*^'/Q7\(W/B7Q_?^)])EN_"5X\5[9W)78041MKC;RK8/(ZU
M]G^&_P!O76_C)^V5X:\$^#/`GCJU\!Z?IE_JWBOQ3K/ARXL;-VCC5;:TMFE"
ML\K.Q9B%P`F.IX0'QSX]\;:OX"_X.M=;O-$\):MXPNV^#4*M9V%Q#!(H\PG=
MF5E4C@#KG)%:GA2ZC_X+X?MS>'=4URW;X9^%OV0_%,DVI^!M4P_BO4=7ROER
M7`0^7#9@Q$*49V<JW3@UCZ3\4)8_^#CK4?C0_@OXE)\+[SX<Q^%8_$#>$K[[
M*;]9-Q0CR]X3!QOVXR#]:[+_`(**?!SQI^P?_P`%/OAS^UW\)?"'B3Q9X;\;
MQ)X0^+.@Z!8O=75U:$+Y&H"!.6=%5<GKNA0'[YH`YG_@IIKL_P"T%_P<7?LC
M?!SQ*Q?P!X;T^?QJEA,/]%U+4T%RT;LIX<H;:,`'.-S^IK]:5.0.1FO@?_@I
M!^PMJ/\`P4+TOX4?M!_`W4T\._&WX27?]J^%9=<LYK*#5X-^Z73;R.10\:N0
M0"R\;F!X8D>H_"#_`(*B:7>:);V/Q:^'WQ&^$'C:U01ZCINH^'[J_L?.Z,UM
M>VJ213PL1E6RIP1D`T`0_%+_`(*Y_"#X/_M!:1\-?$NG?$"U^(6LR2KH6D_\
M(E=R7.L!2RN]J0I#IA&)((&!D\5]!>/OA[X?_:&^$6I^&_%&BIJ?ACQAIC6F
MHZ;?P[3-!-'AHY$/W6`/U4CU&:_/7XN_#;Q=^W/_`,%POV=/BYX$\)^(U^&'
MP:TC4XM=\1ZS8R:5;7,MS'*J0VJ3!99F!=-Q"!1D\\5^F3C8K,<A1S0!^.G[
M%?Q,^+W_``2[_:?\6_L%V#7/BY=>@;6_@UXENAYL6@:7,SF<7F3G9:A795&=
MTB[1A9!C]6_V?_@;HW[.GPLTSPIHGG2P6(>6XO+AM]SJ=U(Q>>ZF?J\LLC,[
M,>Y]`!7YA_&?XHR:A_P<0?#CXP6O@SXF7/PT\+>!KSPYJ6OQ>$KYK6"]D,^U
M!^[W,N2`7"D98=>M?K-I.J1:QIUM=0"00W42S1[T*-AAD94\@X['D4(+EE^G
M<5^3?[8FLS_&?_@Z7_9R\!>)VD/A'P+X,N_%&B6DA_<3ZFR73>=M/#.IAC`/
M4>7[U^LI&:^(?^"M?_!-OQ5^TOXP^&OQN^#=_IND?'OX)7IO-!^WOY=EX@M6
M;,NG7#?PJ_.UCP"[`X#$@`^VT8!>2.*\>_X*!?$?5_@M^Q/\7/&?AN$OXD\-
M^#]2OM/=$S(LL=O(R$=SM/S8]J\]^$O_``5)\/:KX5BB^)?@CXC_``I\;VD0
M&I:!J?AN\NPLP'S"VN+:.2*XC)^ZRMR".!R!4_98^,/Q1_;!_:*^)>I>*?`.
MM^#?V?SH5OHGA>P\26B6U_XFN'>4WE]);DF6*%HV2-%DVDKR5!/`!Y-_P;$^
M"--\-_\`!'[P!K-K(;K5O&E[J.NZW>2'S)[V]DNY$=Y'ZLVU%&6R:_0@N.#G
M%?GG^R-\&O'/_!$_5/$?P_@\+^(?B/\`LTZKJL^L^&-4T"#[=K7@9IVW36-W
M:C]Y-:AOF2:$,5R=R\Y'N'Q!_P""H/A2Q\/2+\/_``=\3/BCXKG3%CH.C^&+
MRU>24CY5FN+F..&!,XW.[?*.<'I0!\7?`:_F^!W_``=D_%7PEX7!MO#GQ,^'
M\.O^(;6$$0_;HXXRLY7H')!R>I,I]34?Q9\9ZOX'_P"#KT7FC>%=4\7W9^"Z
MI]AL;B&"0+YTIWYE95QQC&<Y-?2'_!,7_@GEXO\`@S\:/B?^TA\<;C3+KXY?
M%UE^UV&F.;BQ\):9&%\G3H)/^6CJJ('=>&*#&>2?FN7XGR#_`(.05^-8\&?$
MMOA>?AL/"?\`PD/_``B5_P#95U`2N^S'E[]N"!OVXSQ[T`;&DW:?\%]?VXM!
M3Q!:_P#"L/"O[(WBK[=JW@C5L/XJU/5@1Y,LP0F*&R!C.TJSLYSTR#77?\'7
M<C0?\$H)9%B:9AXVT-A&A&7/VCH,\`GWK._X*2?!CQK^Q+_P4K^&?[87PB\)
M>(_%FC>*HH_"/Q6\/Z#8O<W=[I[A?)OQ"OS,\8503C.Z&,=S67_P<1?%%OVO
MO^"=VE>$/AKX1^(GB_Q+K.OZ3KL%A9>%;X216L,S/(TN^-1&P"D;20V2..<T
M`?0O[1O[97CFT_9@7P?\.O@5\4/%?Q'\3>'(].L+6?34M]'L9)[<1^==7S/Y
M2Q1[LG;DMC``S75?\$9OV!+[_@FC_P`$_O!WPLUC4X=6\0VKSZGK$UN2UNEW
M<R&62.(D#*(2%!P,XSWKV3]F'XN:7\9/@YH^H:3!K-I':VT-I/!JFF3Z?<0R
MI$FY3'*JMP>,C(SG!-<O\3/VL-3^'7[:GPR^$T/PY\8:UIOQ"L=0O+CQ?:0[
MM'\/-:P22K%<O_"\IC"+G&6E3&><`'M)B#,2>0>U!C/9B*=10`TQ9;<2210L
M07."0*=10`WRO0D$^E)Y(/!)8#UI]%`#1&0,;CBE5`F<`#/-+10`A4DYR11L
M]V_.EHH`;LR223BFNF[G<2/K4E,Y5L#DTTA-V/._VJ_VF_#7[('P(U[X@^+&
MN1HF@(C3);('GF9W5$2-21EBS#BJ?['_`.U'H?[9OP(TKXB>&K'6M/T37&E%
MHNIPB&>18W*;]H)&TD'![XKY._X.28[Z?_@F_(UJ)/LR^)M/-YMZ",^8`3[;
MRH^N*]*_X(?>,K7Q5_P35^'-I##/:7OAZWETN_MIHFBE@F25FPRL`1N5U8>H
M:LU+WK'L2R^G'+%C-Y.5ODD?6Z@DC+-BE:,,""2:,\$CJ:-Q[U5SQTP$1`'S
M,2.]'E\@[B"*4,#UI"Y!QQBF@;`Q`CDDD=^XI0I'\1-&\>]('ZDD`"@+B&(E
M>221^-(90V`"037SM^TS_P`%3/@]^S!JHT34/$3>*/&,S;+;PQX9@;5=6N'_
M`+OE19V<_P!\BO(IK7]JS_@H'E)PO[,'PRN^JHZ7OC'483V)'[NTR/3+#WI.
M2.ZGE]1QYZON1[O3[EN_D>R_M1_\%+/AE^RSXKT_PM?WNJ>*_'NK2+%9^%/#
M-J=2U>4DXW-$AQ&H]7(KVCX>^([KQ?X4T_5+S1]0T"XOHO-?3[XH;FUS_#)L
M)`;U`)Q7F'[(_P"P#\,/V+]+G7P;H(.M:A\VHZ_J,IO-7U-^[2W#Y8Y.3@8'
MM7M8C"L2,Y-))]3/$N@K1HINW5]?ET7WL6D=2PQG%+15',($(4#<3BFM"&`R
M22.A[T^B@!/+`Y'!I"A)^\<"G44`-\LX&"1B@H21\QP*=10`T0@,3ELF@(0.
M6)-.HH`15(SR3F@J=P()`';UI:*`"BBB@`HHHH`****`"BBB@`HHHH`*0@9.
M>_2EH_"@31P_[0WP)T7]I+X.:YX,U^,OIVM0A-X4,UM*K!XYE!XW)(JL,\97
MTS7Y+_&+]J[]K/\`X)7?ME:SXT^(VC0>._`VOQP6-U<Z78_9M(U.W@!6*=#&
M#]ENPA.[?PW3)`&/V@P/2J^HZ3:ZQ8RVMY;6]W;3C;)#-&)(Y!Z%3P1]:B4+
M['J9=F*P]Z=6FJD'NGOZI]#XV_9Y_P""]O[-_P`=]*MVNO&:^"=4D4>98>((
MC;LC=U649C?Z@U]":-^V9\(_$%LL]E\3_`%Q"PR&77;4?S>N)^)7_!*/]G+X
MMW\EUKOP?\&37,I)>2UM39,Q/<F`IDUPY_X(.?LEM)N/P>TW/I_;.I`?E]HQ
M2]_R.B:RB6L74CY6B_Q;3/6O%O[?GP0\"VYEU7XM?#^T1>I.MV[D?@K$UXQX
MW_X+P?LV>&KQ[/1_&&H^.]2Y"6?A?1[G4I96]%V+@_G78>$/^"-W[+_@>Y2:
MP^"O@QI8SE6NX9+W'_?YWKW'P'\$_!OPMM$M_#/A/PYX?A3[J:=IL-L!_P!\
M**I.1C)Y='6*G+UM'\KGR!#_`,%$/VB/VA5$/P<_9GUS2;*?B/7?B'?II%LH
M_O\`V=<RM].*D7_@G9\;_P!I[,OQ^^/VKQZ1/S+X4^'T/]BV!7KY<ER<S2#L
M?7UK[BP#U&:38O/`YI<E]V1_:+A_N\%#SWE][_2QY)^S5^PY\)_V0])-M\/O
M!&C:#-(/WU\(O.OKH^LEP^9')Z\M7K`4>X)J0*!@@#B@J"<D<U:1P5:LZDN>
GI)M^8@0`Y`YI:**"`HHHH`****`"BBB@`HHHH`****`"BBB@#__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>letterhead.jpg
<TEXT>
begin 644 letterhead.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``34T`*@````@`!`$:``4`
M```!````/@$;``4````!````1@$H``,````!``(```$Q``(````0````3@``
M``````!@`````0```&`````!4&%I;G0N3D54('8U+C`P`/_;`$,``@$!`@$!
M`@("`@("`@(#!0,#`P,#!@0$`P4'!@<'!P8'!P@)"PD("`H(!P<*#0H*"PP,
M#`P'"0X/#0P."PP,#/_;`$,!`@("`P,#!@,#!@P(!P@,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#/_``!$(`%P"
MQ0,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_
MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C
M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-C<X.3I#1$5&1TA)2E-45597
M6%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ
MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X
M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($
M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B
M<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(24I35%565UA96F-D969G
M:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X
MN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X^?K_V@`,`P$`
M`A$#$0`_`/W\HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`**I^(?$.G^$
M=`OM6U:^L]+TK2[>2[O+R[F6"WM(8U+O+([$*B*H+%F(``))Q7RS\7O^"Q?P
MM\/7NLZ!\,+;Q)\>_'NEVYG&@>`=,GU9`AB#)/)>1(T`MA(\,4DD33/&\P'E
MLP91,I);G5AL%7Q#M1@Y?DO5[+YGUE61X]^(6@?"OPG=Z_XHUS1_#>A6&S[3
MJ.J7D=G:6^]UC3?+(51=SLJC)&68`<D5^=OB']FW]O']N;QS?77BWXBV?[-W
M@*36));30]!U%+K5]/ACMRL)6>Q*-=([/B037D8+AY!"JK"E>U_LP?\`!#3]
MG;]F/[9-_P`(C_PL+4;S>GVOQJ(-6\F)O*/EI!Y26RX:/(D\GS1YDB^9M;:)
M4Y/9?>=]7+\)0BO;5U*7\L%S??*Z5_3F_P`^<^*'_!P/\!?!'Q=A\%^';?QY
M\3]5N+A;&*7P?I,5[;W%V9VA%M"99HFN'9E4JT"R1R"1-CL20#P5_P`%,_VA
M_BYK^NQ>$OV+?'ATK2;C;!<>*/$\/A>XNH79Q$_E7ELJERJ9=(9)1&2`7(*L
MWV5X"^'N@?"OPG::!X7T/1_#>A6&_P"S:=I=G'9VEOO=I'V11A47<[,QP!EF
M)/)-:]'++JR98S`Q5J>'OYRE)_.T>7[KGR#_`,-E?M8?]&8?^9<T?_XW7S[X
MU_X.)O%_P1U_0HOB=^ROX\^'^E:S<;1<:EJD\%Q+"C()WMXKBQA6=XUD4[/,
M0$L@+H&#5^H%4_$/A[3_`!=H%]I.K6-GJFE:I;R6EY9W<*SV]W#(I1XI$8%7
M1E)4JP(()!&*'"727Y%T,PP2?[_"Q:\I33_&4OR/+/V4OV[_`(5_MH>$],U'
MP'XOT?4-1U#3SJ,V@2W<*:WID:N(Y!<V@<R1[)&5"^#&Q92CNKHS>OU\:_%_
M]C?X"_\`!.#P-\2OCSX=^"EGXEU72;>WUN+1K6PBO!IUW;W$T@N[+S4=M/0-
M<*\SP8CAALT=(@8B'/\`@BM_P4?U#_@H-^SMJ*^*S9CXA>!+B&PUI[:)HTU*
M&5";:^*A!%&\ICG5XXV(#P,X6-)$C4C.S49;BQ.71G2GC,&FZ46D^:UTWZ=%
MHKZ;KSM]E4445H>,%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`45X5_P4'_`&G/'_['?[/>O?$CP;\-M#^)>D>#-+N]:\0V5SXL.@WU
MM:6X1WEM@;.>*?9#Y\KJ\D3!8`(Q,[A!\<?\$VO^"_/Q+_X*E?$WQ!X8^'7[
M..AZ:WAG2AJE_JNN_$*[@TN#=*D45NT\&BS;9Y=TCHC`;TMYR#^[(I-C46S]
M/**POB5J'B;2O!5[<>#M(T+7?$<?E_9+'6=7ETFRGS(H?S+F*VN7CVQEV&('
MW,JJ=H8NOYU_LU?\%X/BA^U?^WEXS_9Z\(_LZ^%9/%_@"[U>VUS4[OXGR0:1
M:)IMU]DFG#_V09WC>X:*-`D+.3.C,B()&0;!*Y^F-%?$OQ?_`."SNEW/[;EO
M^SI\"_`%_P#&_P"*-E=K'XDFAU5-*\-^$X$WK=R7>H"*X826K^0LJ)`RAY_)
M#M<K]F.%^W=_P5B^-W_!.+PVWBGXB_LPZ?J_P]CMML_BCP=\1#JMI87\J3K:
M6MS%/IMM/"DEQ';QO<&/RHQ=1[3-,5MW+ARL^]Z*\*_X)I?MJG_@HA^Q1X,^
M,1\,_P#"'GQ<U^O]D?VC_:'V3[+J%S9_Z_RHM^[[/O\`]6N-^.<9/S__`,%3
MO^"N/Q3_`."5GAS3O%/B7X#>%/%G@77M=GT/3=6TGXD21W,;A));875M+I2F
M*2:"*5]L+SI&89%:7F,R%^H6UL?>M%?&W[#_`/P4"^-_[?7[+WAGXM>#O@O\
M*M-\.>*S=BTMM9^*=_#?1_9KR>TD\Q8M`E09D@<C#G*E2<'('`?\%#O^"Q7Q
M@_X)A:?X<UOXE?LX^'M3\&Z_>)8MKWA;XDR7\-G.V]C`T<^E6\GF^7&[J"!&
MP&/,!R`G.*M=VOI]^Q2IR=[*]M?NW/T(HKS7]DG]KGP%^V]\#])^(/PYUR#6
M]`U5=K`$+<Z?.`"]M<1Y)BF3<-RGL0P+*RL<+]M/X\?$K]F_X6:UXR\%?#OP
MIX_TCPQI%UJ^JV^H>,9="O\`9`AD9+=!87$4IV*QS)+%R,#.:=>2HW=72V_E
MU)H+VUE3UOM^1[/7Q5^U;_P5Z_X13XU:G\'/@3X!UCXT_%VQQ!=I8C_B2>'Y
M6)A+7<ZDD^1.]L)E/E1()65[F*1&5?"/@U_P<,?$GXR?M0_#CX2)^S5H7A[Q
M-\4]'M]?T*?5/B?FR>RN+22[AED>WTN5TW1QM\NPL#@$#K7U7\*?AU\5_@1]
MO_X0?]FW]EWP9_:OE_;?["^(%YIWVSR]WE^9Y/AE=^W>^W=G&]L8R:)PG;MJ
MU\T[->J>C['9@JV&IR<J\.=V32O9:ZINVMK;);]SS/P=_P`$N?&O[9/]F^+?
MVNO'>L>*I9L7T'PTT*Y.F>&?#TC?:ML4C6[[[J:)+E56=7613&R--<QX8_97
MPO\`@YX0^".@3:3X+\*^&_"&E7%PUW+9Z)ID.GV\LS*J&5DB55+E412Q&2$4
M9P!7YW^$O^"\GQ2\2?\`!1@_LOW?[-_AS0/B2+J>V\W4?B;)_9A6.S>]682P
MZ1(YCEMU#H?+W?O%#*AW!?8?VO\`_@I1\8OV`O"MAXT^)W[/6E:K\-(YMFOZ
M[X!\>OKEUX>0D+&\EI=Z;8EP[L%#+($7G<RDH'S7)&$:KVELWUZ;O;7N7B\;
MB<1-T9OX=>1:)+RBO3S;MU/M*BOD;7O^"X'[/6E?LW>#_B18^)[_`,1_\+!D
M^R>&_"VC6#7GB?6+T-L:RCL5.X3+)^[+.5BWL@$A\R,MV_AGXW?M&^.M/?4[
M+X#^`?#>GSS2"SLO%OQ.EL]9$`8B.2X@L-)OK>)W4!MB74NW."000-I1:;36
MVGE?M?:_EO;78\Y--)]]N_W;V\^^FY]!45\1?&S_`(*H?%3X,_%KP3\+[C]F
M?69OB;XXFU!--,WB^VA\):J+6WN)PEEJR022//*L"!8KJTM"IE!<H@WGSO\`
M8W_X+B_$_P#:Y_;+U_X&S_L[^'OAQXW\)Q27&K6OBGXDO;RHL<D:R)!''I3M
M<2;)/-79^[:-=WF!2K%4G[2:A#5N_P"&_P!W7MU*JITX\T]%I^+LOO:=N_0_
M2&BLWQA=:Q9>%M0F\/V.FZGK<4#M8VFH7SV-K<38^5)9TBF:)">"ZQ2$#G:>
ME?%O[*7_``4N^/W[6_Q;\9>']$_9I\*Z;X?\":W=Z!J/BV]^*+G1KJ[MIO*E
MCLVCTEIK@_>((C"KMVNT;$+2@^:?LUO:_P`DTKWVW:7S7<)+EA[1[7M\[-VM
MOLF_D^Q]:_M">$=`^(/P#\<:!XKU3^P_"VN>'[_3]8U'[3';?8+.6VDCGG\V
M4&./9&S-O<%5VY((!K\LO^#4[_FO/_<O_P#N4K]`/V\_V[?A%^Q[X&M]+^)4
MC^(=0\<AM)TKP1IVG#5]8\7-*#&;6&QZ2K)N\LF3;$2ZH6RZ@\3\!=+^)O@.
MTU74OAO^R=\%OA1INM3A3::GXTBT'6;Z&(MY,EW!I6CWMNK8=RJ"ZE*!VSM)
M(K/EYY*4=E?TOVOM?7;>VMK'L8;,50P%;!R3O5Y6MM+.][;V=K7V/K*BOA#]
MH_\`X+77W[&'Q!^'7A#XO_!#Q-X%U?QUXGMM$D\03^(+&;P5:V4E[]GFU"/5
M01(PBA(N##<6MM($SO\`+&','P>_X+CV_P"W-^TK-\/?V7?AC?\`Q9TS0[1K
MWQ'XT\0:G/X3\.:/&\2-;!7:SN;J2263SX1&]O%)O@9D62%9)HG"K&3:B[VT
M/*E2E&UUN?>U%?"_[8O_``5;^+7_``3L?3_$GQB_9M,_PD)CBU;QEX`\<+XB
M&C3S><D$,EG=65C*-TR0H97,<`^TQ`2O*PA;PW]H+_@YEN_A!\`O!?Q;\/?!
MC1/'WPS\?:G?:59:AIOCFYBO=`N[81R"PUB%])\JQOWAD\Q8$GG5UBE>*6:$
M)-);:)46?JU17PQ^S3_P4R^/_P"V!^Q1HOQO^'/[-W@CQ%I7B%KA=/\`#O\`
MPMA[36[CR-0EL93^_P!(2T7:T,DOS7(S&O&7(C/R%%_P>*^&KWX;7.MQ?"&P
ML]5L+>W,FB:AXPNDN=4N);N:,QV,L&DS0/'%;K!-))=R6AS*\<:2F,-(7#E9
M^TE%?F__`,$Q_P#@N'\2O^"KD_CF/X=_`GP/HK?#\:>VH_\`"1_$VZMA-]M^
MU>5Y7D:)-NQ]DDW;MN-R8W9.,_X/?\'+W@73OVC+CX0?M!_#/Q9^SW\0+/7F
MT6\.HW]OJ>AZ4#$C0SW5[^Y:..5V`65(9+?RY(9_/\EV=#F0<CV/TPHHHIDA
M1110`4444`%%%%`!1110`4444`%%?'__``7`_P""A/CK_@F;^Q"_Q)^'_@RP
M\7ZR^O66DSR:C#<3:=H5O,)6-W<I`58HSQQVRYEB`FO(3N8@12?-W[/W_!97
MXO?&+X3_`+3/C;6?$'P;\->`?V;-=O;%/&UKX-O=3TKXAP(TB6\&G*^MV\*7
M;&")E3[9,)O[8L4`BP)+@N-+J?JC17Y0?\/;/VE_A]_P20/[57Q,U#X%^!QK
MAV^$_!O_``@^JRZAX@\V3RK0^;<:U;;1-MEN?W,<^+&/[2OFY,2]5_P4$_X*
MR_M"?L#?\$B?@[\9_$?A'X;V?Q=\=Z]:V6O:)=:5J::?I-M=66HWL4/V>2XB
MN8KR.*WM4F221@DOVA0"-K!7'RGZ:T5^3?\`Q$K:?+^UU^SU%?/X#\)_`;XI
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M=4=70L)@TSW>BOP-T+_@[I^)GPRM/!.K^,/`_P`)OB%8^+_"UQJEUI/ABZNM
M`O/#U^FJWMHD$T\T]\&!MK)+C888G*ZA"<A4!E^KOV+_`/@XLT#QQ^TM\>/#
MGQSOM!^&_@OP?XZ@\(^!M6?POK6G?:/.O-4B1-7FG#QV,_DV43D7*VFW9=,R
MA8I!$7'R,_42BOA/]N+_`(*V>)_V%?\`@I)X7^'OB#P&VJ_!O7OACK?C*77+
M2VE34UO])M=3U"[@MI'<6UQMM;"!#;GRW5[^&1IE0JC_`!':_P#!TI\7]!_X
M)Z>,_&?B'X7^%++XO:%XPT+2;:"?3;VPT*/2-7TRZU&SO#"]T]S<221:==$8
MDAC,=Y9RJT@#(PV)19^Y%%?&7_$0=^R#%X?75;GXNC3K"?2_[9M)=0\+:U9?
MVG:?;?L)DM!+9J;K%R)$*P!V7[/<,0%@F9/)OVA?^#F?X/?#C]ISX<_#/P%H
M^N?$C4/$GB;_`(1OQ:O]FZOH^I^"Y/MEM:@#3YM.-Q?3[I;C_1H0)=]KY>-T
MB@%P46?I-1113$%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!7Q&W_!5K
MQOXZ_P""IOQ+_9;\`_"7PKJ^M?#?0[?Q!-KOB#QU<:1:WUO);Z;*RK%#I=TR
M2*^I1J`20PC9MRDA:^W*_,KPE_P2Y\>>-/\`@X(^.GQA\7Z%XJT?X/>+?"%K
M9:)X@\/^.9]!NKV^CM="B,+?V;>0WPCS:W>4E`B8PJQ!(B-#'&W4PO\`@FM_
MP='>!OVW_CEJGA7Q_P"%/"?P(T.QT"?6(/$'B#X@6[6MW,D]K$MF!/;6RB1D
MGDDXD)Q`WRD9*_I-=_'OP+87WC*UG\:>$H+KX=6L=]XKADU>W63PQ;R0-<)-
M?*7S:QM"CRAI=H**S`[037X;?M1?\&^/Q4\!_'[]JW2_@3\(S:?"?QIX)T?2
M/`T7_"56CB\NDUCPM?7<>;R\-PF#8ZD^9RJ_NMJG#1JWZ1Z!\$_B1J__``1=
M\0?`6Y^'>NZ5XZT7X#VW@RT-UJ.E-8Z]JTOALVSVUM+%=N5\FY'DO)<+#&6(
M:-I(\R!+S')*UT5?V;?^"I?Q9_;1_9N\,?$OX4_LR:AK6B^-/&-]I&ES:QX^
MTW2K:UT*VE6W_MF](26>*1KCSHS9P07#*+2=A(X,`G^0/!__``=U#XD>`/%.
MNZ#^S[N_X0+PQ'XC\00:AXZ^S%3)K-II:06C)I\GG_\`(1L96>008W7"A6\I
M'FZS_@CUXUU?Q9_P0J^!OAGPW\#_``C^TQX6G\0:OI7C[P[/XCTR"Y\/I_;M
MS?Q2FROT^RW,BQ/#.()IX'#26C+E)#+%\!_"#_@WM_:^^$7P@^*&F7GPC_M7
M4?BAX&M](M8]/\4Z*?[*O(O$VDWS1W9EO(P"UOI$D@:`S+_I5N"0WG+"KE)*
MY^LG[7?_``6M\7?LT1_!Z[T'X3^!_B38_M%:E%;?#&WTOQ_?6&I>([2X\@VM
MU/'=Z+%;V6\7EB&BEN2R/=`#>L<DB>Y_\$]?^"D6A_MV:M\4_"LFC_\`"+_$
MCX)^)[GPOXOT6&[DU&QAECNKF"&YM+UH8?M$$QM)\;HHI4:)PT87RWD^:_V6
M/^"9_C?X>_\`!7+X=>*?%G@G[7\.?V=O@5IGPW\&^.?[8MX_^$AU6VBBBDO?
M[/BG,]ON@O\`4X/*F$L8\KS`Y9HBJ_\`!%[6O^%A?\%._P#@H1XLTWP0/!WA
MR?QWI?AR%K:#%CJ%_I9U.VOIEE6-$:XFDV7DR#+HVH*79RXD=DM(\8U[_@[F
MTK1/A[8^.A\!]0F\"^(M<\0Z!H4W_"7(NKW$^FV=C<0M<VOV/R8$G.J6*,8[
MF8Q9N2!-Y2+-]#?M!_\`!:SQA^RI_P`$^_#G[1/CGX4>!+7PUX^TO2;OPCI&
MF_$"_O-3U6ZU".*ZCM9\Z(D-MY=@+R=I#(Z[[58E#&57'YDP_P#!OK^TYJ]W
MX1L_&WP9T_XAZSX;^(GB/Q9XPU^[\9Z?;1_$73GATJ2"T&H"<ZD)+N:PU)4D
MG@C,+ZJDCF,O.T=[]J#_`(-[_P!HO]H+Q+\4O$7P_P#A+_PI7P/%I?AB?P[\
M,/\`A*M-OO[;U.VL+73IQYT=W]G;[*'U6X^VW;+/-]HXC,EU/Y1=E61^Y7[&
M?QU^+/QO\,ZU-\7/@5J/P.UG3[E%LK63Q;IOB2VU6W9/]8DUHP:.1'5@Z21J
M-K1%7D+.L7P'\*O^#I_0OB%KGA+5+KX+:_:>`/'?B7Q!X8T*XT[6)-5\3W]U
MIME97-M`NDPV>PW%[)J>G6T<:7;*DLTFZ39&)'Z#_@D]_P`$POCG\%?BA^T;
MK>K>+/'7[.?P_P#'OCJXUGP7X*\.3^&[W[+:/-<R"66VDM=1L[7%O)9P*MK*
MK'[*RR!HXK=J\(^)_P#P28^*>L_M9_";Q?\`#O\`917X.V'PB\=:_P".]2TW
M2?B;::SX9\67=NMC>Z<NGQ3W$+::-0N=-^QDI80K;PS6DCHRP>1"7$DKGTI\
M%_\`@NK\2_B;^TW\._@UKW[-)^'OQ(^*_AFZ\1^'M,\1^,+NR%I]GN[^)X=2
M#Z2L]IO@TJ^GC>.&??NLU*JL[R07O`W_``<`6ECX[_:/A^(?PWLM!\$?LPVJ
MP>*?%'AKQ--K<=SK,MXME;Z3;6MS86,[O+<+=0B=E6!7M26D$4B3'E/V'?V=
MOCCX7^-7C3]HCX\_`?QS\1/VGM4TS4H_#;2:YX;MO"/@VUAM[A[/1M,8:I/<
M6_VIL0-=-;,R&[8-P]Y<W/NG_!`S]AO6OV`/^";/ACP9XO\`"_\`PB7Q`U'4
M]2UCQ3:?VE'?^;=/<O!!+OBEEA&;"WLAMB8*-N2/,+DB!I&]_P`$=O\`@J!_
MP]D_9HU[XB_\(.O@'^P_$\_AS[`-:_M83^79V=SY_F^1!C/VO;MV''EYW?-@
M%>2?\&U?[#?Q3_8!_87\5^#?BYX7_P"$2\2:GXZN=9MK/^TK2_\`,M'TW38%
MDWVLLJ#,EO,NTL&^3.,$$E,E^1])?\%4?^487[1__9+O$W_IINJ_*W_@S!^_
M^TE_N^%__<Q7[/?'[X,Z7^T;\"/&WP\URXO[31?'F@WWAW4)K%TCNH;>[MY+
M>1XF=759`DC%2RL`0,J1P?P5_P""2VO^._\`@WI_;;^(.C_M*Z-XL\&?"'Q5
M:#0;CQ58^'+C4_#>HZQ;YNM.N8;V.$RR1O:G4%6.$&0-<`30H89#!,MTRH[-
M']"]?A/_`,$+O^5F#]K[_>\<_P#J6V-?IS\9/^"RG[-OPB\,07EI\5?"OQ"U
MG4[I=.T?PWX$OX?$VN:Y?.CM!:6]K9L["29T$2/*8XO,DC5I%+KG\G_^"%/[
M57ASX5_\%I?C6_Q7^%?Q'\%?&7X^:]<+H&FMI=W<2^%(=0N;G5[RUOH2(I1&
MX&G,MR;4A4A:5S;P&1R-[!%/4[+]O_\`X)B_M-?\$U_^"BVN?M3?LMPZ_P"/
M])\5:K=Z]K>E6D`O;ZWEOKU)+O3+FPB*RW]A-+,'0P(9(5C+.8GMH[J2]^S]
M_P`'/WPX_;0^`WBWX1_M1:#??#BW\?:#J'AZ^\7^#(Y;O3A;W=O=QR/]F<3W
M%K(L301QE1>!Y79W6&,8KIOV'O\`@L!XS_9:_;@_:QMOCBOQ7U[]G>P^)VO6
M.F^.GTR^UK1?AY=V^HSQ+I\DD<,DD<$\<EE%'"CE8)!`%@"W,DJ]#_P<&?'O
M]D#]J7]F&72]&U+P-\7?V@M>-KIOP]_X02]CU/7Y+I;R.)+9KNSBN,0#[=,X
MLK@JMR3(L.V<+-$-:Z,:Z)H_0+_@FE\"_AE^S7^Q/X,\%?!WQB?'_P`.=&:_
M.DZ]_:UIJOVXRZA<SS_Z3:HD,FRXDFC^11M\O:<LI)^&_P#@\#_Y1M>`?^RG
MV/\`Z:-7KAO^#._]H'1-0_9O^*/PJCL]<'B/2O$Y\6RW0T^1],>TNK2TM(T^
MTJ"B7`DLI#Y4A1G0[H_,$<WE4/\`@[/_`&P?A9\2?V2O!_PU\-?$#PIXD\=:
M3\11>:EHVDZC'?7.E)96-_:W*W0B+"VD2>YBC\N8H['S-JMY4FP3]T3C:5CV
M3_@WT_:%\7>!/^"1'PFTK2_@3\5?&EA:OK7E:SHVH>&HK&\W:W?N?+6\U:WN
M!L9BAWPI\R-MW+M9J?[=7[1'B3]K?P9XR\*>/_AOJW@OP_X7^+WP^T:U\.>)
M8K.YEO[:YO(I)YIC`\UO+'-O*;4FECVQ8SN+J+G_``;Z_MU?!#X+?\$B?A-X
M9\8_&3X5>$_$>FOK1N]*UGQ;86%[:^9K=_+'YD,LJNFZ-T<9`RKJ1P0:Y_\`
MX+F_\%0_@):?!#PII_P\^(WPV\5_$+5O&V@:ND^BW,6LVUO!IMXMQYVH36C\
M0QG@1F02-YC;!@.RJFDZM)25TYT]/2I!M_))WOI9M]"II\M1QT]V>OK"22^;
M:VUOIU///VKOV)OBG_P0*^.FI_M$?LQ0W?B+X(Z@WF>.?A_--)+!IUL#R_4L
MT*;F:.X`,EMD[_,A,@/W';?M]_#K_@HI_P`$L_BIXZ^'>JBXMV\$ZO%J6F7!
M5-0T2X^P39@N8P3M;@D,"5<?,I(YKZ2^$GQL\$?M$>#I-8\$>+_"?CO1%E:S
MFOM"U.#4K3S0JEXF>)W4,%924)R`PSUK\>_^"MW_``22\:_\$])_'?[0/[*6
MH2^'O!VN:/>6OQ"\$0$?8X;"6*1;F>&)CM>UVLS&'&ZW;YX2$PL/+C%*.%J8
M>KK%Q:B^L;K1/O#7?>*UV33Z,)*,\1#$0TDFFUTE9ZVZ*:^Z6V]CP3X.^*+[
MP7_P6+_8MU/3?#>M>+KVT^#OAHQ:1I,MI%>7A.@W((C:[G@@!`)8^9*@PIP2
M<`_L1^T+^WA\3?A9\"O&'B32_P!ESXTS:CH6D7-];+<ZCX7EA\R.)F4NMKJ]
MQ<,H(R1%#(Y`.%)K\4/V;OVJOAUHW_!83]D3Q-=^,=`M?#G@[X;>'="US59[
MQ(+'2KQ=#ECDBFG<K&OEO,BN=V$;<I(96`_=VZ_X*9_LRWUM)!/^T%\"9H9E
M*21OXZTIE=2,$$&?!!'&#7HXV+G2J*$K-U*UOG-M/36S333[;'#0:C6IN<;I
M4Z-_E'5=O+\S\D?%7QI70O\`@Y@^#'CCQ,NMZE)<^!-.OK_^Q]"N]6O)Y9_#
MD^YH[.RADF?+ODB.,A5R2`JDCZK_`."B_P#P4=3]OOX>?$;]ES]G#P9K?CWX
MIZ_HWV;7(_$,*>$XO#UG(^VX)M]6:VNYKE$\L[(X2J"=)"Y*^6WQ9K/[>?P6
MUS_@YZ\%?$30O%NA67PK\.VZ>&QKQVV6D0NFD3V8,;MM1;99I%C$O$>%+*3'
MM<_H;_P4V_X)QZ3_`,%#_"/AS]H#]GGQAIFF_&_P=#]M\)>+/#^HPRV?B..%
MGQ:23HQB<;MZ)(25!9D?,;$+S5W&>&C.46Z3E5NH[J,JDY+UT:?*K-Q^%WWW
MAS0Q/*I+VBITK-[<T59W[.^EW=)VYE8_,K_@U:_9ZTFX_P""H'C>3Q%#97NN
M?#/P_>G3Q@21QW?VN*TDGCW`'(C>10<`XD[5_1C,YCB=E1I&4$A5P"WL,D#/
MU(K^7#]G7]O34?V$_P#@I+=_&S_A'U\,^)VN+JP^*/P]N@-.E!D=/M[V7F[4
M(>=5GCM\B2.0>6%>)?-/[]?"K_@L1^S5\4O#37TOQ>\&>"[^VD%O?:+XSU&+
MPUJ^G3[$=H9;6]:-\KO"ET#1E@P5VP36\*CJ82DG).48V;6UVV^9=T[JS[Z.
MS5CGJ4^3$U-&E*6E]U9)<K\U9MKSNKIW/#OVH_\`@M/\-?AK^TEX,^$OQ*_9
M^^/MO\1;C4[#5?#&FBQT2=YKJ21H;::">#5FB;+&2,_/MP9$?`W"J?\`P5N_
MX)O>*?VNO`_A;]H;X0:3K?PT_:8^&T:ZCIUK/):?VAJ<$19OL$[6TLUN\X&3
M&1))&P=HGRLF4^7/VX]0;]OG_@O=^S[X\^"EAK/Q2\`_#J[T32/$?BKPUI=S
MJ.@Z5<Q:C-=R(]_&AMB$@GB=F60J-^"=P('[!_'+]H_X?_LR^$TUWXB>-?"W
M@C29G:*&YUO4X;%+F0(SF*+S&'F2;58A$RQP<`USQC_LD:\GRR4Y-/:W+RJ,
MEYR5KO[222TT.J<N7%NE!<T>2*:WOS7<HORB[Z=&VWJ?`'[,O_!4;Q?_`,%B
M_@OI'PQ^'^GZW\./'TL+6OQ<UZ*W>!?`]JK&*1;!Y!S>WI618`<M;A9G;+1*
M6_0[X._"#PU\`?A?H?@OP?I%KH7AGPY:+9:?8VX(2&-?4G)9F)+,S$LS,S$D
MDD_AU_P;&?MF?"WX6?M'_M(CQ=XZ\,>#U\=W]C?Z$^O:C#ID>HHMU?91&F95
M,O\`I,7[L'<020#M./WJKI3;I0J\MG4492_Q6UCY*+;271MOJSEG%1K3HJ5U
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MW_!NO\'],^#_`/P2#^$J6-QX2U"\\307GB'4K_0'26.\GN;R9U2XD55+W=O`
M(+28-DQ/9F+<5B6N:_X*H_"_2/\`@M!^R7??"_X._P!F^+=3BU&UU?3/'$[S
MP^$-+DBDQ(8]1CBD2_=X3<VY2R$XBD)$QA*@-\T?\$7O^"DUU_P3#^%VC?LR
M_M8>"->^!JZ/JE_:>"O%6L:7<PZ1KSR:D7N[>2YPT)\JXO?,%[$YM#`X+O%L
M22XYZ%*4*M24EI)W7_@,5^:9T5JBE2IP6\59_P#@4G^31^Q'BKPKI?CKPOJ6
MAZYIMAK.BZS:RV.H:??6Z7%K?6\J%)(98W!62-T9E96!#`D$$&OXH?'6F:G\
M*]<\3>`T\5V&OZ3I>MM#=7&@:F]UH6O7%DUQ;PWT##:MQ'LFN##,5!\NY?&T
M2,#_`%"?MF?\%W_A+\)M*G\(?!G53\>_C7XBTNY?PKX=\!6+>*8&N1:W<D,U
MT]K(J&".2VS/##,;I8F#B+8=X_GM_:6_8"T']C?]EG3[SQE\1O"MS\=[WQ?+
MHTOP\\/ZU9ZR_A?3+.*YCO)=3FM6ECBNVNOLJQP>8I5/,SYC^:EKT3V,*>CU
M/U'_`."<O_!;7X8_\$OO^"'GP=L_$>A>./$7C.\?Q''H^D6VAW5E8ZG(NK:C
M/O74KB);62W1I+:*9[5[B6%KA086*NJ_`O[7G_!)GX_:Y\#OC9^UE\6M/\)^
M#]%U&]M/&5H-'U:SUBU\4W&N:S`,6+6EU<+':(MXTHEDE8LOD*@E#O+%^H?_
M``1G^#_P(_X*+?\`!"[P'^SOX[UOPIK_`(@MH=<U6YT.RUBV/B3PN_\`;M^8
M-2BB!:6VD1;J+;(R;'2X".'BF9'_`"__`&M?BW\</^"9GP8^./[#7CRWOM<\
M`:[>VM[X6NM30VIM;>'6(+V+5-/VM*AM+U+63S+42,(KAW.^.:.Y2872XUN[
M;GU'_P`&D_[0F@?`74?VA6US3_'%^-73PT(/^$<\%ZSXD*>6=7W>;_9UK/Y&
M?,7;YNS?A]N[8^W"_:=_8#_:"_X+U?\`!3/5O&4'P(UO]GKP$WV/1[O7?%>@
MOI5Z=/B$_EZA=Q2F-]0OWCC\OR[;<D2K9P22K&@N6ZS_`(-`?CGX(^$GC3XY
MZ1XK\9>%/#.K^,Y_"UAH%CJNKV]E<ZY<!]50PVL<CJT\F^:%=L88YE08RPS^
ME_[(?_!<?X2?MI_MD^(?@?X5\-_%?3_%?AW^T?/NM9\+O:61^Q3B&7S`':XM
M,L>/ML-OAML3[)W2%A:JS"3:DVC[*HHHJS$****`"BBB@`HHHH`****`"BBB
M@#XP_P""ZW_!,[Q/_P`%4OV,=-\`^#?$6A>'?$>@>*+7Q':/K"RK97NRWNK6
M2%Y8E=X2([QY%<1R9:%4*J',B?(/C[_@@C^T/XG^`W[5^GZ=XE^#%CXG_:K^
M(MCXAU'3KF_U.YL=`TBUO[_556&^6T222[:]NH(L-:B,0P2-NWRJL7K'_!UE
M\?/'?[.O_!/7P7K?P]\:^*_`FMW7Q$M+*:_T#5Y]+N9H&TK59#"\D+JQC+QQ
ML5)VDQJ<948^4?VMOVT;SX?_`+4GC_XB_`WQA\8_'?[-OP/\(Z;IOQ8\)ZW\
M3O%N@:BVNWVMW-C#:0S:@SZC:7<<\=G*[0+&OE65S`\@\^2&9,N-['Z*?\%,
M/^"<_B?]L`_LV^"?!VD_"6Q^#/PL\<Z;XF\4Z!K-K+%]HL+#RX(-.L;:*%[9
MK=K2:^C>"540XMU#*F\&A_P7P_X)J^.O^"IG['WAOX??#[5O"6CZSH_C"W\0
M33>(;JXM[5K>.PO[8JK003,9-]U&0"H&T-SD`'Y,^`'_``=1Z7X@^$W@%-(^
M!U_J+"?6[;6-)3XEIJNO:)H6A:58ZA/JKO>P))>226KZ@4$\J//)IDH$TDDC
M;,C6_P#@\.T[PGX0T?4=1^!=G<W?B71/[3T^RTGX@K>/97(U26R-GJ);3XS:
M.8;:>Z7:LS,DEG\@6X9X@.5G/?\`!0#_`(-*=>^-G[8_B;Q9\&/$?PT\`?#7
MQ#"VIV^A7$5Y#)I&HBVD_P!%AAC22,6DUTJ/O5T%O'<R+';LMO&DO!?M!_\`
M!J-^T-\>]8A\0MXT^#.CZQIF@^&?#-KIXU;4[FVNH-,T"WTJ:Z>X^P(T<C/8
MV\BPB%P1<R@RJ8%\Y?'?_!TS\8OV<OVZ=:UCQ5X2L_$?PS\2^#]%U?0_A_::
MS;0Q>'VU'2-*U.*Y.J?V:+FXD$4TN^)T"+)=.JLRPQNWTK/_`,'1>H_\-B6G
MP#A^`EB_Q)?XAS_#RZD?QZZ:'#<+?PZ?#<)<C33.Z/<-<;U-LA2.*)AYC2M'
M$#7,CS0?\&U?QS_X>_\`_#07_"6?"<>#_P#A</\`PL#[%_:>H?VG_9_]O?VC
MY>S[%Y?VCR?EV^9LW\;\?-7U!_P2W_X(S^.OV2_^"4'QK_9V^(/BGPDFL_%F
MXUN.'5_#QN-1M=.M]0T6UTX2,D\=LSR(\,CF,8#+M&\$G;[S_P`$C/\`@IUI
M7_!6#]E:Y^)&G>$]0\%76E:[<>']1TNXO4OHXYXXH+A7AG54,D;074!):.,J
M_F+AE59'_.?_`(*_?MX?&G_@GY^W-^U;ID/Q46U\-?$;X/:7K/@30;C69P=(
MN9M0TW1)9;`%HWM;^.,:W>*MHY5ML<\HD,)6-I]2==CRGXO?\&JO[3/Q6\`?
M"_0CXH^!EB/AUX8G\./.?$6JR_;_`#=9U;4_."_V6OEX_M3RMN6R(-V[Y]J^
MB_'S_@VT_:(^/7ACX_RS>(/@OH^L_&7XK6/Q#M;5-?U.ZM=,@C3Q(9K9YCIJ
M,\@?6;<*PB`<12D["%5OF[5OVF/VK?VC-3^'?[)_A+XW>*V_:#^%_B[XA^'=
M6GTGQEK&GR>*X+*&VO+9[C4)747$CSVFL6]J9#&(DC@$@@5C(WWW_P`$4_VD
M?C1_P6(_:DO_`-I/QCXBUWX?_#CX9:7:^#M/\%>&=9G'AWQ9K36<KWUW>6TD
M[?ZH7J2HIA!Q-9()Y&LI6FE%-L]G_P""\'_!)[QS_P`%-/`WP\O?A=XNL?"/
MCWP+<ZI8^=J6JW&GZ?=:1JEH(+^%VMK>:9Y)!#!%M^6-H9KI7#[E`^6OVP/^
M#3X?M`?M>>'M3\._$!M&^%5OX$T[PWJ%SJ5W]J\0VU_INC_V98S101VB6\T&
MVSTMYD::)Y";S8T6Z+;\H?MS?\%!/CKX2_:S_:*U+2?CSXYTT^"_CMHN@:-X
MAL]=U"#PEX2L-NO;M/NM)4#[0$^P6HFV:=<I*=*O#OF^T*;OW;]IW7?VD?V$
M_P!NGX;>%?AG\=_BQ^UK\8_#^I:W\1?B7X7TV>\L[,:`8=.DBTN;3C/=:?:^
M8@U,PK%$LJ-J%FL4.\V(=W!)FGX-_P"#:+XKVGP9\.>'_$G@_P#9<\7ZUX.T
M.6SM-3U_Q?XXO&U&XDU>XNO)5+2:Q@L+-+>\F(2*&8O<1.S#-V[P]3XN_P""
M&/[8'C;]J#X:?$K7?BKX$\7Z1\+_`(F77C;P_P"#?$?C36M5_L.Q-YIMU#8Q
M:U<V$MW-O6R6!A+%LB^SK,HD>YF5?C+]J_\`X*$?$C]EG_@G?\.?`/B>Z_:O
M\%_M5ZZ)-;U?Q%XG\?>(;.)M%_M'4XXI8+3^UAY4[&TA@VW-BH:)9I`"7AG;
MZ0\(_M4_M-^(/V>?^"C/@#X8?$06L'P'\=:GJ$&O^*O$&JZCXATKPU'_`&U'
M=6.G7LSW#K.L>CVBP%PI0W%W)YRRM'+&D@;>Y^[-%?C'_P`-2?$W_B$-_P"%
ME_\`"Q?'?_"Q_.Q_PE7]OW?]MX_X3C[-C[9YGG?\>_[G[_\`J_D^[Q7.?\%`
M/VI?CMX=^%7_``2K/PX^(VNV'C7XEZ1I1U#^U-?U"+2_%6H2)X9\K^VO(D$M
MW`\MQ)YN[>Y2>;&2YRTR>4_;^BOQ)^&&O?$W]CSPW\!;'X\_&#]I#]G/XQZ-
MJ4TNL^,O'=]=>/OA9X[^UWES':Z1>&/59+:WN%M4#%RUKY,4%S,Y#&WN$\D_
M:2_X+H:]X?\`^"J_BGXT>'/B]XAU?X,_"[QWHO@RS^'=K>I)8>*=$EL=3AU;
M5;6"WO(X+SRY[266WGE\P,VH:<9'C2..$EP4;G]"-%%%,D****`"BBB@`HHH
MH`****`"BBB@`K\H?&7_``4%^*>K_P#!>#XW?`_5OBO\5/"GPI\&^&K/5=&L
MO`'P_M/$FJ6]V]EHLC"0+I&H7'V=FO+IV=TVJYB7>N51OU>KY-^$7_!+S_A5
M?_!77XI?M4_\)S]O_P"%E>&8O#G_``B_]C>5_9VR+2H_.^U^>WF9_LS.WR5Q
MY_WOD^88XON>5:3_`,%U?AM\#/&[_"'7K#XZ>-/B?I_BC1?"UG;:]IOA[3/$
M'B:77(Y[K3[A;99[*.&!8A;1R>=!;2VYO+1+B-)6EV^Z?MU?MYZC^Q]_P39\
M>_&^_P#!&N^'=?\`#VF%;#P[K8LKRXM]0GNEL;'[4+*\>%K<W$T$DGDW)<0,
MV,2#RQ\V?'K_`((-_$+XU_M<^(OCM#^U#K^B?%0>)[34_!6N1^%VE/@;18%U
M!3H<5N+Y+>>WD6[M@[/$!)]FG\Q'^VW&[W7_`(*;?L=?$/\`;0_X)1_$KX5W
M6N:%K?Q(UC35O+6YT;1CI5EJUW97T>H6UI';W-[+]G\[[-%;F22Z95:1I3A1
MY82&['Y\?&GXM_M$?L.?\$HM&_:`TKX^"RUWXG^&--\:C2?"?P*TVQLM1UG5
M;[3YKK4-;U..VN+;[2+2^-NKR+9FZ:VMBH>1)EF\3UC_`(.,_P!I":T\8?%6
M\U^PTW2/A]\0_!OAS4/`F@MHU]H6J6\NGZP^KQP:G]DN)S'=7&B%H9H[B80Q
MWCA7G"QR5]H^!O\`@FU\8_\`@H;_`,$K_`7@'4OBWXN^$7@/6/AWH'A35_AY
MXT^&5L^HZ'J>B7%HCWUO*D]K=1QSR:8CI'<M-NBNI'PF^)+>@?\`@U/\#:-K
M=SX?T7XA>3\'-4\3^%O$>J>%=1T*XNM3U(:-975I/`VIQW\.PWW]H:A+(\=N
MOE//&(E1(@K+H4FNIH?$/XZ?'GQO_P`%EO#G[+7PH_:,^)%SH_A;0O\`A)?B
MCK^K:!X5N+O2(&6*6.VM8O['MD\QDGL5\Y#=*&U1&,0%K,C\%^R/_P`%`O'_
M`,.?^#>#XV^/?!_PU^&WP7^+_P`)->F\,:O';:'8^';2YU*+^S(KK4I=/98(
M(M36WN?+%LP?S;JTC1(6$B68^[?V9?V+M4_8W_:1_:9^./BSXA7_`,0)/C'=
M66KM86/A)XKK0;'2X[Q+:SBBM7FDOI$M)885\N%993;`[7DE(KX__P"";'_!
M,GXB?M=_\$5?C)X$^/M[KW@CQI^T;X[U+QO=W$VCM9:KIEX+BR9)KNQEAA5!
M)?::TQAC"J]M,FR2(N#&UN*Z/B/QQ_P<4_M(_"7P1\0--F^(U[JUYJW@[P9=
M>&M6U/PUHUEJVAZ[>V6G:E?[+1X+<SZ;)"=7B$_V6Y51_9C+*HN%FF_1GXC_
M`+<?A'P_^R7\:?BOX8_;#^.?B8_!#?IVN>'KKPYX;T?4K;5V?R+2PN+>X\,"
MZMO/NV6V$SP&-'6;/^HE"9_P"_X-_/'G[-?Q'\0_$3P9^T]J/A3XGWO@[0O`
MNDZMI/@"QDTZTTW3K2PLG6ZLKZ>[-S)-!IEHP>*:W\N57;YT?R10\:?\&Y.M
M^,/@K\?]`3X_G2_$7[2GCNV\7>,;ZU\#QMICVEO<7E]'IUO:27CS1?Z?>>>9
M_M18I;PQ;<>:TB5QMH^A?^"/OB?]H#XO_P#!-/0_&WQ>\<:?K7Q*^)%K-XAT
M&ZO?#]FMKH=C<0H--66"PDA6ZC=56\8;X9=MV86:-H]P_-G]OC_@K]^TY_P3
M*_:)U7P%_P`+=OOB]%:_#V\_M74/%7@?3_`\MGK,^I7EA;:CH]O+:QM?);.M
MBX6,WL%TBWS@B-3):_L[\8OV1_AW\;_$L/B76O!_A27QYIEJMOHGC"7P]IU]
MKOAQXW>6WGLY[N"8))!,[31AE9%D^8HV2#\!_M!_\&Y&M?MR?$^#QG^T%\?C
M\2O$NC>!;OPGH]Y8>"(_#X6\::]FL=1NX[>\*3BTDOG800BW67[/;B1R!,)W
M8E-'PE\5?^#C;X^?L[^%/'O@K5/'>O:_XR\6>!?`GB/P5XEDT70U'AJ_O-+T
MK5M5AEMTLXHI8)X;ZZC1W61H?L\"A6,CS)ZU^UE_P6:\=:3^V-<?#CX(?M'_
M`!7\1:1X9\!^+M=\27OB3PAH5A>6>MZ3HVK7L6FFTG\/VLL/E2Z;&)RV_>MR
M8U\EXF9OK']GO_@@IXT_9F\1>+?&O@_]HD^&OBUJWACPWX-T3Q1IG@*W>#2=
M*TJRMK&:VGL;V[NHKG[7#8V$C2*89(I[4,C"*26!_-=:_P"#774=8^/OC;XJ
M'X]V*>./B+=>+GUP'P$[:2(/$%E<6DT=M;_VD)8I(1?W[*\EQ*&WVP*#R7,Z
ML4W$^WO^"0/[6NN?MQ_\$V_A3\3?$T13Q)KFFS6>JR[XS]NN[*ZGL)KO$<<:
M1_:)+9I_+1`L?F[!N"AB5W7["_[)6B?L)_LC>`OA-H$PN['P9IBVTUYLDC_M
M&[=VFN[O9))(8O/N9)IO*#LL?F;%.U5`*:(;U/6****8@HHHH`****`"BBB@
M`KXJ_9,_X*?:_P#MN_\`!1+QOX"\#Z1HZ?!WX=:?/]M\1-:R7\^MWB3^1'Y%
MU#.+:"&9B\D.Y9FEBM)&&WS"(/1_^"N_Q6_X4U_P33^,>L?8/[2^V>'Y-"\K
MS_)V?VC(FG^;NVMGR_M7F;<?-LVY7.X>6?\`!O9\(?#/@;_@FSX4\3:3HUG9
M^(/&]Q?W.N:@JEKC47M]0N[:`.Q)(2.*,!47"*6D8#=([-E*3<U%>I[N%PM*
M&6U<;5C=N2A'LFU=O[MO-_=]PT445J>$%%%%`!1110`445YQ^TG^UY\-/V0/
M"<6M?$GQCH_A6SN<_9H[AVDN[[:\:/Y%M&&FGV&6,OY:-L5@S87)I-VU9I2I
M3J24*:;;V25V_D>CUXI^W%^W'X9_8?\`AI:ZEJ5K>>(_%GB.X_LWPIX4TT%]
M3\3W[%52"%%#,$#.F^3:VS>H"O(\<<GSC\//^"FWQ2_X*37JZ5^S3X`O/"GA
M-+A+#Q!\1_&T4#)X?=XIFD6TL(YF6ZN8U^SR)^]=`\B+-$D<BRU[O^RS_P`$
MZ?"'[//CG5?'^NWMY\3/B_XCN%O=5\;>(;>%[Y)OL_D/'8HJA;&VVM(JQ1$E
M8W6(NZ1QA8YW+X?O/4>`AA)7QVZ^PGJ_\36D5_Y-Y:W.C_9@O/CGXC^V:S\7
M(/AQX;L[_?)IWAC0(+J\U#2XW\IXEN]1><0RS1@RQ2+#;B-F59$EVG97K]%%
M6E8\RM5]I)RLEY+1?UZZA1113,@HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`^>O^"E7_``35\"_\%3/@7I/P^^(.K>+='T;1]=B\
M00S>'KJWM[IKB.VN;8*S3P3*8]EU(2`H.X+S@$'RC]OG_@@E\'_^"A/QTU/X
M@^(_$GQ*\&:SK^B6N@ZY#X/U"RTZU\106UPMQ$]\KVDK7,@>*U&9&*@6-KA0
M85(^W**!IGQ!\)_^#?SX!_#'XPZOXRO%\6^,;G6OAU;_``RFL=>N[62V@TR+
M1[31FF@>"WBN(+N2QM#$\T4RG%W<A0BR!5Y8_P#!N1\,;K]G-/A+>_&;]I.]
M^'-KIHTZQ\/?\)=:VNF61_M7^U#<FUM[.."XN#<-,-]U'-A)N`&AMVA_0BBE
M8+L_,CXR?\&I'[._QQ\6V.M:OXR^,\%UI^AZ/X?C6TU;3$C-OIFE6NEP,0U@
MQ+O!9Q,YS@NSE0@(4==H/_!M;\"M'_:<T+XR7'BKXL:K\1](\=-\0;K5KK4]
M/4:U?F\@O1%<01620K`+B&1PL"0O_I4RERHA$7Z$T4[!S,^(?V,_^"4_B3_@
MF7XP^&GA/X&>/[]_@>-=U_Q!\2M,\626MUK&MW%SI=G:::MI)#8H$CAFM!(X
M#Q$[VRTHPB]Y^W-_P2&^#W_!0GXY_#'X@?$&QOI-9^&%R)(H;2"Q-KXCMQ<1
M7"V.IK/;RM<V@:.0"$,@"W=SWE)'U%118+GR[\+O^"0OP>^$/_!13Q;^TWI%
MC?+X\\6VTL;V$D-D-(TNXFCA2XOK2-;=9HKN812F2;SBTAO;O=GS3C=_X)J_
M\$U?`O\`P2S^!>K?#[X?:MXMUC1M8UV7Q!--XANK>XNEN)+:VMBJM!!"HCV6
ML9`*D[BW."`/H6B@+GP+\8_^#<;X!?&[XM>-_$>JZK\2;;1OB/XQL_'7B3PM
M::M;)I.J:E;B[!8R/;->Q1RG4-0+I%=)@WC[#&$A$77?LN_\$6_#?[(*>*XO
M!_QH^.D</Q!U,ZIXNFNKW19-4\42-GS!<:JNF+J:;@\Q#P744L;W$TL3Q2R-
M(?LRBE8+L_.CXR?\&S_P>_:2N;>]^)GQ4_:$^(NM:;H2^']+UCQ!XFLKK4=-
MMUU![X,)Q9!IWW3W40-SYRK%=,JJIC@:'W7X0?\`!);X<_"#X%_'KP3#K'BS
M6KK]I"YU:Z\:^)K\:<FNW3ZC;R0S+'+;VD42QQM-<2Q1M$R1R7,Q"[7*U]14
M4)`VSY[^"/\`P3&^%7P;_8!MOV:;O3K_`,<_"Z*WO+::V\2R1SW5VMS>S7S,
MTD$<(62.>8M%)$J/&8XV5@Z!Z\8\+_\`!O?\%9$\)V7Q#\2_%?XV>&_`/A>\
M\)>&/#WCK7H;K3-`M+HD/);I:V]NZSHC>7'*SLT21VX3:;6U,'W7118+L_/?
MXB_\&X7PF^(O[/*_""3XG_'73_A+9>*)_%NC^$X-8TR>S\/W<JS)LM)KG3Y;
MI(%2XF`B:=E+2O(VZ5WD;V;X2?\`!(;X/?!O_@G5KO[,FGV-]?>`O$EM?1:C
M?W\-C+J]U<7+EUOGD6W6%[NW(@$$S0DQBSMNOE+7U%132!MG"?LQ?`6S_9;_
M`&?/!_PXTW6]=\1:5X(TR+1M.O=9^S&]-I"-EO%(;:&&)O*B"1*PC#,L:ER[
MEG;NZ**$#84444""BBB@`HHHH`****`"BBB@`K\8_P#@JW_P</\`QT_X)L_M
M2?$GX6GP=X$U*^L-5TJ_\%ZIJ'AC4+:QU+0+FTN)+EIF_M$&:>*Z>TMDF@`B
M=K6_++&VR-/V<KPG]H#_`()H_!+]J3XV1?$7QWX*.N^,H/#%YX-34/[8O[7&
MDW=O>V]Q;>5#.D7SQ:A>+YFWS%\[*L"B%1C3/QS^+'_!W7\8/#^F^(KS1/AI
MX4L+37M=2]^'LVO>';V*.^\,B?4K>6:[9-1`DNQ/%91!K;,`>'4%)W(@%WXA
M?\'8OQS\*6GBOQ.OPAT32_A]XK^VM\)-5U?PKJ$*:R+?5;='^V3?V@(9C#8&
MY2;[&6V7C0`XCW"OU%TK_@AY^RYHAT`VOPP,1\,>&-3\&Z9_Q4FKM]FTG4O[
M1^VVW-U\WF?VMJ'SMF1/M'R,NR/9O:;_`,$B/V>-(T+X/:9;?#TQV/P"U.XU
MGP''_;VIG^PKNXO8[^63)N,S[KF&.3;.9%&W:`%)4K4J\3X]_80_X+??&+]L
M_P#9;_:7^,2>%?">C^$?@C\.DU'1A/X;OHEUSQ-%HKW=_&;G[>\;6D%U;R8@
M0"<V]]9L\D3`B3PC1O\`@Y)_:C\<77P6TOP7\(OAKX[\3_%'X?:YXGDT73;*
M_BNFN[/4/$ELIM0;QC(D<&CP3M;`--<%9HHG1YHO+_4?X/?\$K_@5\`?@5<?
M#+P?X.O]$\`WVN-XAO\`1(O$NJO:ZO<M;);21W@>Y8W=I+!&B26<Y>UE"_/$
MW->;6_\`P;X_L@QC35G^$0U.'1M,N='TZ#4_%.M:A!IUK<?:3)'!%/>.D1\R
M[N9D9`&CGE,R%)0)`(5T?"NH?\'!7[2FE?M>_!_X0W2_`JS\1?$K4M!T?7-,
MOOAYXJTS6_`=YJ(T\217MI>W<$<OER7L@B,$\BS1P"0F$2HM>8?`W_@ZX_:%
M_:$\7_V!I_@OX,^'[O2O!OB#Q#?W5QI6IWT=]<:9I6IZNJ11K?Q&".2&T@MR
M&>4J_F3;B&6!/U(\)_\`!!G]E3P5\7?#'CVP^&=\WB[P;<Z;=Z-J-UXPUV\>
MQ?3A"+$!9KQT9(%MH$2-E*!(D3;L`6LWX=_\$!/V6O@%KUSXE^'/PIT'1?&<
M>EW^G:?=ZYJ&K^(-+3[78SV4BW6GSWPBN[=H;B1)(6*[T=@'0D.!(;:/E'_@
MG'_P7G^./[57[:/[-OP_\8:-\*(_#OQS\,ZQXBO7T;1-0M+W2_L4_B"U2&.2
M6_F1]TFB)(6:,?+<,@&5$AZJ#_@LO^T-\4OBS^UW>^!/"OP8A\"?LAZXXUC1
M]>_M)=7\1:/9_P!JB]>WOX9#%%=R'26,2/:&-!=@.[^03/C?L6?\&_WQ!^%W
M[;WPQ^)'C"7X;>`_"'PZ\'ZKX??0?`'B_P`3:BU[<7O]JQEK.;4&6YTM/*U5
MY"T%T["XMVE14>Y9HOKW6?\`@AY^RYXD\:7.OZG\+UU2^U#5+#7-1BO?$6K7
M-EK6H64;QP7=]:O=&WO9RLLYDDN(Y&G:ZN6E,C7$S.(&T?E5\2?^#K;]H;X2
M?#+P#K-]X,^#.L7GQ-\)/KNGK!I.IV<6B7$?B+4-+990;^0W4;0Z5.P"F`A[
MN,[F6!EFT/$/_!RK^U]X:/C#[1X2_9N<>"/`^@^/K_R]-UH^=I^L?V+]E2+-
MX,SI_;MIYB-M0>7/MD?:GF?I0_\`P;X?L@7/AY=*NOA$-2L(-,&CVD=_XIUJ
M\.F6OVW[=Y=HTMXS6I-R9)"T!1F^T7"DE9YE?;U;_@AO^RUKO_"0_:_A?YO_
M``E7AG2_!^J?\5)JZ_:M*TW^SOL5MQ=#9Y7]DZ?\Z8D?[/\`.S;Y-XD'-'L>
M[_LM?&S_`(:5_9D^'/Q&_LS^Q?\`A/\`POIGB3^S_M'VG[!]LM(KCR?-VIYF
MSS-N_8N[&=HS@=W6%\+?AGH?P6^&7ASP;X9L?[,\-^$M+MM&TJS\Z2;[+:6T
M2PPQ;Y&9WVQHHW.S,<9))R:W:$2PHHHIB"BBB@`HHHH`****`"BBB@#Y]_X*
MK?`C4/VD_P#@GE\5?"6DF\;5;C1_[2LX+2R:]N+Z:RFCODM8XE(9GF:W$(VY
M(,@(5B-I\4_X(WMK_P"Q]^PS\-M"^+'B;P?;Z%\1-0M9/AU+;W<GFG^U+634
M%TR=6MHTCFWK.Z,TLOF23F%2"L*R?=M?`W_!3[_@B%!^W+K]OXB\)>/+SP;J
M&G6]].GA^\CEO-!N;^=A*T\48D`L'N)1FYDACD\UL2F,R^8TN4XN_/'<][+,
M71J4'EV*GR4W+FYK7L[6_'1>E]MS[YHK\I_A?\*_^"DO[$NOS:9I-UX;^/6C
M:A;M<L^M^(5U&WL[AV52%FO9K2^#JD(PBLUN!.Q`,A8KW?\`PTK_`,%+/^C>
M_A!_X,8/_ES0JO=/[AU,AU_=XBE)=^=+\'JC]':*_.+_`(:5_P""EG_1O?P@
M_P#!C!_\N:]K^$,W[<'BN]T:;QBW[,GA#2KZW$U\EMI^LZIJ>F.T180F$74<
M$CK)M1RESL'S,K2``,U4OT9SULH=./-*M3^4T_P5V?65>*?M&?\`!0OX2?LP
MWLNDZ_XLL]2\8FXCL;7PAH?_`!-/$5]=S1&6WMDLH295>8;%1I0D9:6(%UWJ
M3X3XH_X(Z:[^TUK]I<_M%_'_`,>?%W2M)N+2XL-"TW3[?POI#&%IB_VBW@,B
MR/(LQC\Z/R9E0NHD(*;/J;X$?LO_``Z_9AT`Z9\/O!7AOPC;2V]O;7#Z;8I#
M<7R0*RQ&XF`\VX=0S_/*SN2[DDEF):<GTL9RI8*E9N;J/M%<J_\``I*__DB]
M3Y\_X:0_:6_:N_T+X:_"3_A2GA;4_N>-/B1+&VK6\'^IG\K0HB9([Q)&:6'[
M3(8)$MP7P)EQ<^%__!&_X2:7XYF\=?$NVO/C9\3M4N&O=5\0^+6\^WNIGMUA
M>./3UQ:);+AC#$\<AA!55?$<>WZRHHY%UU$\SJ03AADJ:>_+>[]9-MOS5TO(
MI^'O#VG^$=`L=)TFQL]+TK2[>.TL[.TA6"WM(8U")%&B@*B*H"A5`````Q5R
MBBK/.;;U84444""BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`***
M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@#SCXO^&/B[K7B6"7P!XX^''AG1EME2:U\0>![W7+F2?>Y
M:19H-6LU6,H8P$,3$%6.\A@J\I_P@'[2O_16O@;_`.&FU7_YHZZOXO\`[+'A
MCXX>)8-6UK5/B1975O;+:(GA_P"(6O\`AZV**[N"T&GWD$329<YD9"Y`52Q"
MJ!RG_#O/P#_T,'QR_P##T^,O_EI2:*3#_A`/VE?^BM?`W_PTVJ__`#1T?\(!
M^TK_`-%:^!O_`(:;5?\`YHZ/^'>?@'_H8/CE_P"'I\9?_+2C_AWGX!_Z&#XY
M?^'I\9?_`"THL%P_X0#]I7_HK7P-_P##3:K_`/-'1_P@'[2O_16O@;_X:;5?
M_FCH_P"'>?@'_H8/CE_X>GQE_P#+2C_AWGX!_P"A@^.7_AZ?&7_RTHL%P_X0
M#]I7_HK7P-_\--JO_P`T='_"`?M*_P#16O@;_P"&FU7_`.:.C_AWGX!_Z&#X
MY?\`AZ?&7_RTH_X=Y^`?^A@^.7_AZ?&7_P`M*+!</^$`_:5_Z*U\#?\`PTVJ
M_P#S1T?\(!^TK_T5KX&_^&FU7_YHZ/\`AWGX!_Z&#XY?^'I\9?\`RTH_X=Y^
M`?\`H8/CE_X>GQE_\M*+!</^$`_:5_Z*U\#?_#3:K_\`-'1_P@'[2O\`T5KX
M&_\`AIM5_P#FCH_X=Y^`?^A@^.7_`(>GQE_\M*/^'>?@'_H8/CE_X>GQE_\`
M+2BP7#_A`/VE?^BM?`W_`,--JO\`\T='_"`?M*_]%:^!O_AIM5_^:.C_`(=Y
M^`?^A@^.7_AZ?&7_`,M*/^'>?@'_`*&#XY?^'I\9?_+2BP7#_A`/VE?^BM?`
MW_PTVJ__`#1T?\(!^TK_`-%:^!O_`(:;5?\`YHZ/^'>?@'_H8/CE_P"'I\9?
M_+2C_AWGX!_Z&#XY?^'I\9?_`"THL%P_X0#]I7_HK7P-_P##3:K_`/-'1_P@
M'[2O_16O@;_X:;5?_FCH_P"'>?@'_H8/CE_X>GQE_P#+2C_AWGX!_P"A@^.7
M_AZ?&7_RTHL%P_X0#]I7_HK7P-_\--JO_P`T='_"`?M*_P#16O@;_P"&FU7_
M`.:.C_AWGX!_Z&#XY?\`AZ?&7_RTH_X=Y^`?^A@^.7_AZ?&7_P`M*+!</^$`
M_:5_Z*U\#?\`PTVJ_P#S1T?\(!^TK_T5KX&_^&FU7_YHZ/\`AWGX!_Z&#XY?
M^'I\9?\`RTH_X=Y^`?\`H8/CE_X>GQE_\M*+!</^$`_:5_Z*U\#?_#3:K_\`
M-'1_P@'[2O\`T5KX&_\`AIM5_P#FCH_X=Y^`?^A@^.7_`(>GQE_\M*/^'>?@
M'_H8/CE_X>GQE_\`+2BP7#_A`/VE?^BM?`W_`,--JO\`\T='_"`?M*_]%:^!
MO_AIM5_^:.C_`(=Y^`?^A@^.7_AZ?&7_`,M*/^'>?@'_`*&#XY?^'I\9?_+2
MBP7#_A`/VE?^BM?`W_PTVJ__`#1T?\(!^TK_`-%:^!O_`(:;5?\`YHZ/^'>?
M@'_H8/CE_P"'I\9?_+2C_AWGX!_Z&#XY?^'I\9?_`"THL%P_X0#]I7_HK7P-
M_P##3:K_`/-'1_P@'[2O_16O@;_X:;5?_FCH_P"'>?@'_H8/CE_X>GQE_P#+
M2C_AWGX!_P"A@^.7_AZ?&7_RTHL%P_X0#]I7_HK7P-_\--JO_P`T='_"`?M*
M_P#16O@;_P"&FU7_`.:.C_AWGX!_Z&#XY?\`AZ?&7_RTH_X=Y^`?^A@^.7_A
MZ?&7_P`M*+!</^$`_:5_Z*U\#?\`PTVJ_P#S1T?\(!^TK_T5KX&_^&FU7_YH
MZ/\`AWGX!_Z&#XY?^'I\9?\`RTH_X=Y^`?\`H8/CE_X>GQE_\M*+!</^$`_:
M5_Z*U\#?_#3:K_\`-'1_P@'[2O\`T5KX&_\`AIM5_P#FCH_X=Y^`?^A@^.7_
M`(>GQE_\M*/^'>?@'_H8/CE_X>GQE_\`+2BP7#_A`/VE?^BM?`W_`,--JO\`
M\T='_"`?M*_]%:^!O_AIM5_^:.C_`(=Y^`?^A@^.7_AZ?&7_`,M*/^'>?@'_
M`*&#XY?^'I\9?_+2BP7#_A`/VE?^BM?`W_PTVJ__`#1T?\(!^TK_`-%:^!O_
M`(:;5?\`YHZ/^'>?@'_H8/CE_P"'I\9?_+2C_AWGX!_Z&#XY?^'I\9?_`"TH
ML%P_X0#]I7_HK7P-_P##3:K_`/-'1_P@'[2O_16O@;_X:;5?_FCH_P"'>?@'
M_H8/CE_X>GQE_P#+2C_AWGX!_P"A@^.7_AZ?&7_RTHL%P_X0#]I7_HK7P-_\
M--JO_P`T='_"`?M*_P#16O@;_P"&FU7_`.:.C_AWGX!_Z&#XY?\`AZ?&7_RT
MH_X=Y^`?^A@^.7_AZ?&7_P`M*+!</^$`_:5_Z*U\#?\`PTVJ_P#S1T?\(!^T
MK_T5KX&_^&FU7_YHZ/\`AWGX!_Z&#XY?^'I\9?\`RTH_X=Y^`?\`H8/CE_X>
MGQE_\M*+!</^$`_:5_Z*U\#?_#3:K_\`-'1_P@'[2O\`T5KX&_\`AIM5_P#F
MCH_X=Y^`?^A@^.7_`(>GQE_\M*/^'>?@'_H8/CE_X>GQE_\`+2BP7#_A`/VE
M?^BM?`W_`,--JO\`\T='_"`?M*_]%:^!O_AIM5_^:.C_`(=Y^`?^A@^.7_AZ
M?&7_`,M*/^'>?@'_`*&#XY?^'I\9?_+2BP7#_A`/VE?^BM?`W_PTVJ__`#1T
M?\(!^TK_`-%:^!O_`(:;5?\`YHZ/^'>?@'_H8/CE_P"'I\9?_+2C_AWGX!_Z
M&#XY?^'I\9?_`"THL%P_X0#]I7_HK7P-_P##3:K_`/-'1_P@'[2O_16O@;_X
M:;5?_FCH_P"'>?@'_H8/CE_X>GQE_P#+2C_AWGX!_P"A@^.7_AZ?&7_RTHL%
MP_X0#]I7_HK7P-_\--JO_P`T='_"`?M*_P#16O@;_P"&FU7_`.:.C_AWGX!_
MZ&#XY?\`AZ?&7_RTH_X=Y^`?^A@^.7_AZ?&7_P`M*+!</^$`_:5_Z*U\#?\`
MPTVJ_P#S1T?\(!^TK_T5KX&_^&FU7_YHZ/\`AWGX!_Z&#XY?^'I\9?\`RTH_
MX=Y^`?\`H8/CE_X>GQE_\M*+!</^$`_:5_Z*U\#?_#3:K_\`-'1_P@'[2O\`
MT5KX&_\`AIM5_P#FCH_X=Y^`?^A@^.7_`(>GQE_\M*/^'>?@'_H8/CE_X>GQ
ME_\`+2BP7#_A`/VE?^BM?`W_`,--JO\`\T='_"`?M*_]%:^!O_AIM5_^:.C_
M`(=Y^`?^A@^.7_AZ?&7_`,M*/^'>?@'_`*&#XY?^'I\9?_+2BP7#_A`/VE?^
MBM?`W_PTVJ__`#1T?\(!^TK_`-%:^!O_`(:;5?\`YHZ/^'>?@'_H8/CE_P"'
MI\9?_+2C_AWGX!_Z&#XY?^'I\9?_`"THL%P_X0#]I7_HK7P-_P##3:K_`/-'
M1_P@'[2O_16O@;_X:;5?_FCH_P"'>?@'_H8/CE_X>GQE_P#+2C_AWGX!_P"A
M@^.7_AZ?&7_RTHL%P_X0#]I7_HK7P-_\--JO_P`T='_"`?M*_P#16O@;_P"&
MFU7_`.:.C_AWGX!_Z&#XY?\`AZ?&7_RTH_X=Y^`?^A@^.7_AZ?&7_P`M*+!<
M/^$`_:5_Z*U\#?\`PTVJ_P#S1T?\(!^TK_T5KX&_^&FU7_YHZ/\`AWGX!_Z&
M#XY?^'I\9?\`RTH_X=Y^`?\`H8/CE_X>GQE_\M*+!</^$`_:5_Z*U\#?_#3:
MK_\`-'1_P@'[2O\`T5KX&_\`AIM5_P#FCH_X=Y^`?^A@^.7_`(>GQE_\M*/^
M'>?@'_H8/CE_X>GQE_\`+2BP7#_A`/VE?^BM?`W_`,--JO\`\T='_"`?M*_]
M%:^!O_AIM5_^:.C_`(=Y^`?^A@^.7_AZ?&7_`,M*/^'>?@'_`*&#XY?^'I\9
M?_+2BP7#_A`/VE?^BM?`W_PTVJ__`#1T?\(!^TK_`-%:^!O_`(:;5?\`YHZ/
M^'>?@'_H8/CE_P"'I\9?_+2C_AWGX!_Z&#XY?^'I\9?_`"THL%P_X0#]I7_H
MK7P-_P##3:K_`/-'1_P@'[2O_16O@;_X:;5?_FCH_P"'>?@'_H8/CE_X>GQE
M_P#+2C_AWGX!_P"A@^.7_AZ?&7_RTHL%P_X0#]I7_HK7P-_\--JO_P`T='_"
M`?M*_P#16O@;_P"&FU7_`.:.C_AWGX!_Z&#XY?\`AZ?&7_RTH_X=Y^`?^A@^
M.7_AZ?&7_P`M*+!</^$`_:5_Z*U\#?\`PTVJ_P#S1T?\(!^TK_T5KX&_^&FU
M7_YHZ/\`AWGX!_Z&#XY?^'I\9?\`RTH_X=Y^`?\`H8/CE_X>GQE_\M*+!</^
M$`_:5_Z*U\#?_#3:K_\`-'1_P@'[2O\`T5KX&_\`AIM5_P#FCH_X=Y^`?^A@
M^.7_`(>GQE_\M*/^'>?@'_H8/CE_X>GQE_\`+2BP7#_A`/VE?^BM?`W_`,--
MJO\`\T='_"`?M*_]%:^!O_AIM5_^:.C_`(=Y^`?^A@^.7_AZ?&7_`,M*/^'>
M?@'_`*&#XY?^'I\9?_+2BP7#_A`/VE?^BM?`W_PTVJ__`#1T?\(!^TK_`-%:
M^!O_`(:;5?\`YHZ/^'>?@'_H8/CE_P"'I\9?_+2C_AWGX!_Z&#XY?^'I\9?_
M`"THL%SU;X;:?XFTOP590>,-7T+7?$<>_P"UWVCZ3+I-E/F1BGEVTMS<O'B,
MHIS.^YE9AM#!%*/AM\/-/^%/@JRT#2[C7;JPL-_E2ZQK5[K-ZV^1I#YEU>2R
1W$N&8@;Y&VJ%4855`*9)_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
