ABOUT HARVEST PETROLEUM, INC...

Harvest Petroleum has been a registered Operator in Texas and Louisiana for oil and gas field operations since 1998 and with actual drilling operations for more than 10 years. Harvest Petroleum has actively participated in over 120 wells in different stages of oil and gas field development.

We work with industry partners concerning drilling, re-working, and improving existing production in the gulf coast area of Texas and Louisiana.

Our passive financial partners are invested with us as true working interest owners in projects or properties we identify as having significant upside potential with intelligent levels of risk.

Core Values...

We have operated or participated with other industry partners in the producing basins of Texas, Louisiana, California, Kansas, Oklahoma, and Colorado.

Harvest Petroleum is a Member of the Houston Geological Society.
Member #86089.

Harvest Petroleum is also a Member of the Independent Petroleum Association of America (IPAA)

Member of SPE - Society of Petroleum Engineers

Member of AAPG - American Association of Petroleum Geologists

Operator #363117 - Texas RRC.

Areas of Operations and Working Interests...

Harvest Petroleum operates and participates in projects in the Texas Gulf Coast area . Hardin County and the Galveston area are of primary interest to our type of projects.

Harvest also operates and has interests in Concordia Parish , Louisiana, near Natchez Mississippi.

Participation History..

Oil & Gas Companies we have done business with:

* Gaither Petroleum Inc.
* Hanson Production Inc.
* Hassie Hunt Production Inc. (Now XTO)
* Kaiser Petroleum Inc.
* Magnum Producing Inc.
* Merit Energy Inc.
* PetroHawk Operating Inc.
* Range Resources
* Samson Oil & Gas Inc.


Participant Suitability...

Working Interest Ownership and Participation:

Our success has been based on working with seasoned, experienced small independents oil and gas professionals aligned with us.

Harvest Petroleum is a self financed oil and gas company that joins with directly participating entities or individuals, who are familiar with the drilling, completing, or work-over procedures for oil field operations, following industry guidelines.

Harvest participates with other licensed Operators in Texas and Louisiana in pursuing exploitive oil field opportunities regarding leases that are:

(1) New Developmental Drilling - offsetting existing production in proven areas of Texas Gulf Coast and Louisiana Gulf Coast.

(2) Acquiring dormant wells for re-entry to establish profitably commercial production from partially depleted or passed over potential formation zones.

Investors, as Working Interest Owners, can directly participate with Harvest Petroleum
if they can represent they are (1) financially accredited and sophisticated in oil and gas ventures ; or are (2) experienced in oil and gas ventures.

While each working interest owner participating on any venture negotiates their specific terms to any venture with Harvest on an “arms length basis”; working interest ownership in oil and gas wells is essentially owning a fractional interest in an ongoing business with profit/ or loss each month that any well or series of wells are operating on a monthly basis.

All Working Interest Owners are subject to a Joint Operating Agreement for each venture, and as such, is an “active participant” in ongoing operations.

Each venture and the leases attached to such venture include possible operations for (1) drilling initial wells, (2) drilling subsequent well, (3) deepening wells, (4) re-entering wells, (5) side-tracking wells, (6) setting surface equipment,etc. Each significant operation is “noticed in writing” to each working interest owner, including evaluations by geologists, consultants, and proposed procedures by engineers currently familiar with the project. The budget, known as an Authority for Expense ( A.F.E.) for such described operation, is also included for approval.