Vaca Energy, LLC was formed to acquire select assets
of Tri-Valley Corporation through a §363 asset sale in December 2012.
Vaca Energy operates several oil and gas production leases consisting of
approximately 1,024 acres located in Oxnard, California. The company’s
primary production is sourced from the Vaca Oil Sands formation within
the Oxnard Oil Field. The formation is encountered at a depth of
approximately 2,000 feet and ranges in thickness from zero to over 500
feet, with an average thickness of 300 feet. The company also produces
from the Sespe formation within the West Montalvo Oil Field. The
formation is encountered at a depth of approximately 10,500 feet and is
a stacked reservoir with a thickness of approximately 3,000 feet.