Gulf Stream locks in Zydeco oil resources ahead of decisive flow testing

• Best 2C estimates of 48,000 gross barrels at Borsum Sand and 40,000 gross barrels at Homeseeker B
• Net estimates after the stated 30% royalty burden are 33,600 and 28,000 barrels respectively
• Homeseeker B flow testing and fluid sampling are the next steps towards a reserves assessment
• Both zones can be accessed from the existing cased wellbore