Industry Feedback

6/2/06

Mike Hoover
Petromax
603 Main St.
Suite 201
Garland, Tx 75040-6332

Mr. Hoover,
  My name is Steve Fountain and I am the landowner of approximately 68 acres near Tatum, Texas. Last year I was made aware that the mineral rights for my property had been leased and that there were plans made to drill an exploratory gas well at some point in the current year. As my wife and I had gone to considerable trouble to reloate our family to a secluded and rural environment, you can imagine the disdain we felt at having our property and privacy invaded by anyone, much less "some big oil company".

  Early this year, I was contacted by Sidney Hodge and after a few brief telephone conversations, we arranged a face-to-face meeting. I must admit that my expectations of your representative being the strict, all business, all for the company type of individual were dashed by Sidney's very gentlemanly demeanor. I am sure that he had been in situations much like ours and probably had dealt with other more hostile individuals than I, but I must admit that I have found Sidney to have a very rare combination of business acumen along with a goodly portion of down-to-earth common sense. I can appreciate the fact that he has made good on every concession that we have agreed upon and, in fact, has gone above board to see that this whole experience is, at the least, as tolerable as possible. From that very first meeting, Sidney has presented himself to be an understanding an daffable person and that quality has gone a long way with satisfying my feelings of acceptance to the invasion of my little fiefdom.

  With that said, I feel that such behavior should be acknowledged and I would like to express my appreciation for Sidney to you in hopes that reward might follow recognition.

Regards,

Steve Fountain
General Dynamics C4 Systems
VertexRSI

From: Luke C. Fisher, Jr.
To: Flynt Gaines
Sent: Monday, November 07, 2005 5:42 PM
Subject: Settlement Statement & Check

Dear Mr. Gaines,

Just a short note to say thank you.

I received your statements and the check in the mail today. Your personal attention to this, as well as your kind and responsive explanation of many things on the continuing development of the Talley Bottoms Gas Unit over time, have been greatly appreciated. Perhaps, more than you know?

Royalty owners are more often than not treated by most oil/gas production companies as illegitimate children to be acknowledged, conversed with, and dealt with only when absolutely necessary I have dealt with several oil and gas companies over the last 25 years, mostly related to sale/transfer/accounting changes on older East Texas oil and newer gas leases to different production operators and lease owners; and frankly, the majority have left a bad taste in the mouth. Most will not even answer the telephone with a human, but choose to use an answering/screening machine. Conversely, I can honestly say your company has been completely open and forthcoming with information for the royalty owner. Also, you actually have a statement written in plain English which is easy to understand and which does not require translation of hard to understand internal accounting codes. That is a rare and truly appreciated industry change!

So, thank you again sir........ both for your personal professional efforts and actions, and those of your company. They have indeed been a breath of fresh air for the energy industry and marks of a highly responsible and well managed corporate entity. Please convey these "on-the-record" comments on to your bosses. They should be proud to have you as a highly effective company representative.

best regards,

Luke C. Fisher, Jr.
LFisher@satx.rr.com


Petromax Operating Company, Inc.
603 Main St., Ste. 201
Garland, TX 75040
Phone (972) 271-0999
Fax (972) 271-2533